
Nevada King Gold
Nevada King specializes in gold exploration and mining.
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* | N/A | $11.0m | Private Placement non VC |
Total Funding | 000k |
CAD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
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Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
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R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Nevada King Gold Corp. is a mineral exploration company focused on acquiring, exploring, and developing resource properties in Nevada. The company's primary business revolves around identifying and advancing gold projects, particularly along the highly productive Battle Mountain Trend. Its business model centers on generating value through the discovery and delineation of gold resources, which can eventually be developed into producing mines or sold to larger mining companies. As a pre-revenue exploration entity, its operations are funded through equity financing.
Founded in 2000, the company has grown significantly through strategic acquisitions and claim staking. A key milestone was the 2021 business combination of Victory Metals Inc. and Nevada King Mining Ltd., which formed the current entity, Nevada King Gold Corp., trading under the ticker NKG. This merger consolidated a significant portfolio of assets, including the Atlanta Gold Mine and the Iron Point Project. Since starting its project portfolio assembly in 2016, the company has become the third-largest mineral claim holder in Nevada. In June 2024, the company announced a strategic reorganization to spin out its non-Atlanta claims into a new entity, NV King Goldlands Inc., to allow Nevada King to focus exclusively on the high-potential Atlanta Gold Mine Project.
The company was founded by Collin Kettell, an entrepreneur with deep roots in the resource sector. Kettell co-founded Palisades Goldcorp Ltd., a resource investment firm, and New Found Gold Corp. His family was also involved in the discovery of the Long Canyon deposit, which was later acquired by Newmont Mining for $2.3 billion. Paul Matysek, a geologist and geochemist with over 35 years in the industry, was a co-founder and served as Executive Chairman. Matysek has a notable track record, having founded and sold several public companies for a cumulative value exceeding $2 billion. As of August 2025, Collin Kettell transitioned from CEO to Chairman of the Board, with John Sclodnick appointed as the new CEO.
Nevada King's flagship asset is the 100%-owned Atlanta Gold Mine, a past-producing open-pit mine located 264km northeast of Las Vegas. The property covers over 13,000 hectares and encompasses the historic Atlanta Caldera. The company has conducted extensive drilling programs, completing over 100,000 meters, which have led to several high-grade gold discoveries and a significant increase in the mineral resource estimate, now exceeding 1 million ounces of gold. Exploration efforts are guided by advanced geophysical surveys and geological modeling, targeting resource expansion and the discovery of new mineralized zones. The company's strategy focuses on de-risking exploration by concentrating on a district with known mineralization, which it believes holds multi-million-ounce potential.
Keywords: gold exploration, Nevada mining, Battle Mountain Trend, mineral exploration, Atlanta Gold Mine, precious metals, gold developer, resource definition, mineral claims, exploration drilling, junior mining, open-pit mining, oxide gold, NI 43-101, Collin Kettell, Paul Matysek, resource expansion, gold discovery, Nevada gold projects, mineral assets, geological survey, mining investment, public mining company, TSX-V NKG, OTCQX NKGFF