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NEVADA KING GRADUATES TO TIER 1 OF THE TSX VENTURE EXCHANGE

By The Northwire Desk — AI Analysis Oct 15, 2025 · 17:00 NKG · 0.17 Nevada King Gold Corp.
NKG · Price

Executive Summary

  • Nevada King Gold Corp. received approval to graduate from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange, effective October 20 2025.
  • The upgrade reflects the company’s strong financial position and advancing Atlanta Gold Mine project, enhancing visibility with investors.
  • The release reiterates the company’s NI 43‑101 compliant resource estimate of ~1.02 Moz Au (measured & indicated) at the Atlanta project.

Key Details

  • Tier Upgrade: Approval to move from Tier 2 to Tier 1 on the TSX‑V, effective 20 Oct 2025.
  • CEO Comment: John Sclodnick stated the upgrade validates the company’s financial strength and growth strategy for the Atlanta Gold Mine.
  • Resource Summary (NI 43‑101):
  • Measured: 3.43 M t @ 1.55 g/t Au → 170,800 oz Au
  • Indicated: 24.28 M t @ 1.09 g/t Au → 848,800 oz Au
  • Measured + Indicated (M&I): 27.71 M t @ 1.14 g/t Au → 1,019,600 oz Au
  • Inferred: 3.64 M t @ 0.84 g/t Au → 98,500 oz Au
  • Project Focus: 100% owned, past‑producing Atlanta Gold Mine (130 km²) in southeast Nevada, with ongoing exploration to grow the resource base.
  • Technical Report: NI 43‑101 Technical Report dated 18 Jul 2025, prepared by RESPEC, filed on SEDAR+.

Notable Quotes

“Achieving Tier 1 issuer status reflects the strength of our financial position, enhances our visibility within the investment community, and validates the unique investment proposition that we offer, as we continue to advance our Atlanta Gold Mine project while growing the resource base through our comprehensive exploration programs.” – John Sclodnick, CEO

Read the original news release →

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Nevada King arranges $16-million private placement

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