Nevada King intercepts 4.68 g/t Au over 7.3 m at East Ridge

Canada NewsWire VANCOUVER, BC , July 7, 2026 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) (" Nevada King " or the " Company ") is pleased to provide an update from its ongoing Rotary Air Blast (" RAB ") reconnaissance exploration program. Drilling has encountered new, high-grade, near-surface gold mineralization at its East Ridge Target (" ERT "), located immediately east of the Atlanta pit at its 100% owned, 130km 2 Atlanta Gold Mine Project (" Atlanta ") in eastern Nevada. In tandem with the ongoing 40,000m Reverse Circulation (" RC ") drill program, the Company is also continuing its reconnaissance exploration across its property with the highly efficient RAB drill, which allows the team to rapidly test early-stage targets down to a maximum depth of 30 metres.

Initial RAB results confirm the presence of robust gold mineralization east of the Atlanta pit and outside the current resource area, enhancing the potential for converting waste rock into mineable mineralization within a future pit shell as defined by the existing resource calculation (see Figure 1 ). Follow-up drilling with the deeper RC rig will test for depth continuity with a goal of finding what is driving these high-grade gold occurrences. The Company intends to follow up on these results in the second half of the year, once the fifth and most extensive modification to its Plan of Operations (" PoO Mod 5 ") is approved by the Bureau of Land Management.

Upon approval, this modification will permit an additional 78 RC drill sites and 404 RAB drill sites across the entire property (see news release dated April 28, 2026 ). Highlight Near-Surface Oxide Gold Results from RAB Drilling at the East Ridge Target (see Table 1 for full list of assay results): Hole AT26ERB-16 intersected 4.68 g/t Au over 7.3m starting at 21.9m depth and bottomed in mineralizat