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FinanceNevada King Gold receives BLM approval for Atlanta Gold Mine expansion, adding 482 drill sites
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Nevada King Gold has received Bureau of Land Management (BLM) approval for its fifth and largest modification to the Plan of Operations at its Atlanta Gold Mine Project in Nevada. The approval covers 482 additional drill sites, including 78 reverse circulation (RC) and 404 rotary air blast (RAB) sites, across the 130km² property, primarily in the Atlanta South, Silver Park, and Western Rim areas. The company is adding a third drill rig to increase drilling capacity, with both RC rigs operating in two 12-hour shifts. Nevada King reports it is fully financed with approximately C$18.1m ($13m) in cash, sufficient for its 40,000m phase four RC drill programme, of which 12,000m has been completed. The new disturbance area is 21.1 acres, bringing the total to 73.4 acres. CEO John Sclodnick highlighted the predictable permitting pathway in Nevada and the trusted relationship with regulators.
Source report
Author: Shree Mishra Source: Mining Technology
Nevada King Gold has received approval from the U.S. Bureau of Land Management (BLM) for its fifth and largest modification to the Plan of Operations at its wholly owned Atlanta Gold Mine Project in the United States.
Key Details of the Approval
- Additional drill sites approved: 482 total, comprising:
- 78 reverse circulation (RC) sites
- 404 rotary air blast (RAB) sites
- Property area: 130 km²
- Primary target areas: Atlanta South, Silver Park, and Western Rim
Expansion of Drilling Operations
The company is adding a third drill rig to the site. The additional RC rig will join the existing RC and RAB rigs. Both RC rigs are scheduled to operate continuously in two 12-hour shifts to increase drilling capacity.
The objective is to follow up on key mineralized targets and test extensions across the project. RAB drilling will be used to test through overburden and identify mineralization and tracer elements, while RC drilling will target previously identified areas.
Financial Position
Nevada King reports it is fully financed to complete its ongoing drilling activities. The company holds approximately C$18.1 million (US$13 million) in cash and equivalents, which it states is sufficient for its 40,000-meter phase four RC drill program. Approximately 12,000 meters have been completed to date.
Environmental Impact
The total new area disturbed under the approved modification is 21.1 acres, bringing the overall disturbed area at the project to 73.4 acres.
Regulatory Context
Nevada King noted that this approval builds on a previous Notice of Intent for drilling the Western Rim target, announced in April 2026.
CEO Statement
"Our team is excited to accelerate exploration at Atlanta as we return to several areas where prior drilling encountered mineralized gold and silver intercepts. We continue to experience tremendous benefits from our Nevada location, not just from the compelling mineral endowment, but also from the clear, predictable permitting pathway. Our fifth consecutive modification to the Plan of Operations demonstrates this permitting efficiency as well as the trusted relationship we have built with our regulators."
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— John Sclodnick, CEO, Nevada King Gold
This article was originally created and published by Mining Technology, a GlobalData owned brand.
Source
Yahoo FinanceWestern
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Nevada King Gold Secures BLM Approval for Atlanta Gold Mine Project Expansion