NV GOLD CORP - NVGLF STOCK NEWS

NV Gold Corporation has received the approval for the Notice of Intent (NOI) for its Triple T Gold Project located in Pershing County, Nevada. This project comprises 41 claims and is situated near significant gold mining operations. Historical drilling has yielded gold grades up to 11.7 g/t Au and other promising results. The company will begin construction for 10 additional drilling holes by the end of the month as part of its exploration initiatives, aiming to enhance the project's potential and advance it to a pre-discovery stage.

NV Gold Corporation (OTCQB:NVGLF) has appointed Robert Ferguson of Freeform Communications to enhance its investor relations and communication strategies. This one-year retainer includes a monthly fee of $4,000 plus GST/HST, along with an option for 250,000 common shares at $0.075 per share, vesting quarterly. NV Gold has no debt and approximately 80 million shares issued, positioning itself for productive exploration in Nevada.

NV Gold Corporation has completed four Reverse Circulation (RC) holes totaling 1,600 feet at the Sandy Project and is launching a two to four-hole drilling program at the Pickhandle Gold Project in Nevada. The Pickhandle site, which has never been drilled, lies near significant gold deposits and shows promising geological features indicative of a Carlin-type gold environment, with rock chip samples reaching 1.5 g/t Au. The company is well-financed, with around 80 million shares issued, and is focused on mineral discovery in Nevada.

NV Gold Corporation has announced its exploration and drilling program for 2022-2023, focusing on six key projects in Nevada. The Company has initiated drilling at the Sandy Project and is analyzing 31 targets identified by Goldspot Discoveries using its AI technology. The program includes significant drilling activities across several sites, with specific meters allocated for each project. The CEO highlighted the potential for significant discoveries as many targets have not been drilled before. The statement emphasizes the importance of the Company's extensive land package in Nevada.

NV Gold Corporation (OTC PINK:NVGLF) announced the completion of its Data Library Project in collaboration with GoldSpot Discoveries Corp., aimed at digitizing extensive geological data from Nevada and beyond. This initiative, involving over 40 years of data compilation costing over US$20 million, resulted in the identification of 31 new exploration targets. GoldSpot scanned numerous files and maps, enhancing NV Gold's competitive edge in the exploration sector. The findings are expected to streamline evaluation and focus on promising projects.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) has appointed John Seaberg as its new Chief Executive Officer. Seaberg brings extensive experience from previous roles including CFO at Condor Gold plc and Senior VP at Calibre Mining. His background in finance and investor relations is expected to drive the company's exploration strategy in Nevada. Along with his CEO appointment, he also joins the Board of Directors, while John Watson remains as Chairman. Additionally, NV Gold has granted 3,100,000 stock options to directors and officers at C$0.10 per share.

NV Gold Corporation has reported positive results from its 2021-22 drilling program at the Slumber Project in Nevada, demonstrating significant widths of low-grade oxide gold mineralization. Key results include 112m at 0.26 gpt from hole SL-27 and 47m at 0.32 gpt from hole SL-25. The mineralized system remains open laterally and at depth, indicating the potential for higher grades. Despite current grades being sub-economic, there is optimism for finding better grades through further exploration.

NV Gold Corporation has launched a four-hole drilling program at the Discovery Bay Gold Project in Nevada, aiming for a potential Carlin-type gold system. The drilling will cover approximately 1500 - 1800 meters and is expected to be completed in about six weeks. This initiative seeks to explore an under-explored area, potentially rich in mineralization, near established gold districts like the McCoy Cove. The project aligns with NV Gold's strategy to develop a comprehensive model of its geological setting while confirming the presence of valuable host lithologies.

NV Gold Corporation (OTCQB:NVGLF) announced the completion of its reverse circulation drill program at the Slumber Project in Nevada. A total of twelve drill holes, approximately 2,350 meters, have been completed, with promising results indicating a low-grade bulk-tonnage oxide gold system. The mineralization is demonstrated over an extensive area, now confirmed to exceed half a kilometer. The company plans further drilling and has high expectations for discovering a million-plus ounce gold deposit. NV Gold remains debt-free with a strong exploration focus.