NV GOLD CORP - NVGLF STOCK NEWS

NV Gold Corp. announced the retirement of Dr. Quinton Hennigh as a director, who has been part of the board since 2009. He is stepping down to focus on his role at CRESCAT Capital but will remain an advisor. The company is advancing with drilling preparations at its Nevada projects, including Slumber, Discovery Bay, and Pickhandle, with plans to commence drilling in late September or early October, despite challenges in procuring drilling equipment. NV Gold holds over 20 properties in Nevada and anticipates a busy year ahead.

NV Gold Corporation announces the resignation of Peter A. Ball as President and CEO after five years, with two years served in the CEO role. He will continue as an advisor to assist with the transition. John Watson, the Chairman, will serve as Interim CEO while the Board seeks a permanent replacement. During Ball's tenure, the company expanded its exploration portfolio and introduced new programs. NV Gold aims to have its most active exploration year to date in 2021, focusing on mineral discoveries in Nevada.

Nevada-based NV Gold Corporation (OTCQB:NVGLF) announced the completion of its expanded reverse circulation drill program at the Sandy Gold Project. This program consisted of 17 drill holes totaling 3,811 meters, identifying a significant epithermal gold system. Highlights include a best intercept of 22.9 meters at 0.65 g/t Au. Although the results did not hit immediate economic grades, the extensive alteration footprint and ongoing exploration indicate potential for future discovery. NV Gold is well-funded with over $4.5 million for 2021 exploration activities.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) appointed Howard Golden as a new Director, succeeding Dr. Odin Christensen, who remains as a Technical Consultant. Golden brings over 40 years of experience in global exploration and has been instrumental in several major mineral discoveries. His leadership is expected to enhance NV Gold's prospects for mineral discoveries in Nevada. The company granted him stock options for 200,000 shares at $0.35 each. 2021 is projected to be NV Gold's busiest exploration year.

NV Gold Corporation (OTCQB:NVGLF) announced the appointment of Thomas Klein as Vice President of Exploration. Klein brings over 25 years of experience, including notable gold discoveries globally. He previously served as a consultant and Exploration Manager for NV Gold, reinforcing the company's exploration capabilities. Catherine Samson also joins the geological team, enhancing expertise. NV Gold is well-financed with ~$5 million in treasury and no debt, gearing up for a busy exploration year in 2021, focusing on its extensive mineral property portfolio.

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) has successfully raised $556,900 through the exercise of warrants from previous private placements, involving the issuance of 2,759,500 shares. Following this, the company's treasury nears $5 million, bolstering its plans for an aggressive multi-project drill program over the next 12 months. CEO Peter A. Ball expressed gratitude to shareholders and highlighted the company's intent to expand its Nevada project portfolio, aiming for significant gold discoveries in 2021, marking it as the company's most active exploration year.

NV Gold Corporation has entered a Lease Agreement with Mountain Gold Claims for the Spanish Canyon Gold Project in Nye County, Nevada. This project, characterized as a drill-ready gold initiative, presents a favorable geological setting with historical sampling indicating mineralization. The Company aims to explore this untested gold system in 2021 and leverage its expertise to enhance value through mineral discoveries. NV Gold remains financially robust, with approximately $4.5 million in treasury and no debt, marking 2021 as its most active exploration year.

NV Gold Corporation has entered into a Lease Agreement to acquire a 100% interest in the Pickhandle Gold Project located in Lander County, Nevada. This project is positioned near significant gold deposits, suggesting strong potential for discovery. Historical rock chip sampling indicated gold values as high as 1.5 g/t Au. NV Gold plans to initiate a Phase 1 exploration program, with ambitions for an aggressive drilling campaign throughout 2021. The company currently has ~77 million shares issued and approximately $4.5 million in treasury, indicating a robust financial standing.

NV Gold Corporation has entered a Lease Agreement for the Discovery Bay Gold Property in Lander County, Nevada. The project is considered drill-ready with potential similarities to the Cove-McCoy Gold Project. CEO Peter A. Ball emphasizes this acquisition as part of NV Gold's active exploration strategy for 2021. The company also staked 39 additional claims around the site and plans to conduct surveys to guide drilling. With approximately $4.5 million in treasury and no debt, NV Gold aims to leverage its technical expertise for mineral discoveries.