Nevada King Gold Corp. Stock Analysis NKG.V

Nevada King Gold Corp. is a mineral exploration company, which engages in the acquisition, exploration, and evaluation of resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2001-04-19. The Company’s Atlanta project includes the Atlanta Gold Mine, which is located in the northern portion of Lincoln County, Nevada and is approximately 264 kilometers northeast of Las Vegas, Nevada, and is part of the prolific gold producing Battle Mountain Trend. The project consists of 12 patented and 1560 unpatented mineral lode claims, totaling approximately 12,700 hectares (ha), held 100% by Desert Hawk. The Atlanta project is well situated with regard to physical infrastructure. Prior to mining operations at the site, they established an open pit mine, a tailings dam, a mill and processing area, and a surface impoundment area. The company also holds an option to purchase a 100% undivided interest in the property known as the Silver Park property. Silver Park located two kilometers from the Atlanta Resource Zone.