NV GOLD CORP - NVGLF STOCK NEWS

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) has begun trading on the OTCQB Venture Market, enhancing its visibility and liquidity for U.S. investors. This upgrade from the OTC Pink Open Market allows NV Gold to attract a broader investor audience without requiring action from existing shareholders. The OTCQB is known for its quality standards, which will improve trading experiences. The company focuses on mineral discoveries in North America with multiple projects, including the high-grade Exodus Gold Project in British Columbia.

NV Gold Corporation (TSXV: NVX, OTC PINK: NVGLF) has announced the initiation of a drill program at its 100% owned Sandy Gold Project in Nevada. The program will involve up to 1,500 meters of drilling across 10 reverse circulation holes, marking the first drilling effort since the early 1990s. NV Gold also expects to receive a drill permit for its Slumber Gold Project in November and is planning a diamond drill program at the Exodus Gold Project in British Columbia. The company is focusing on profitable mineral discoveries leveraging its technical expertise.

NV Gold Corporation (TSXV: NVX, OTC PINK: NVGLF) announced the grant of incentive stock options for a total of 1,000,000 common shares at an exercise price of $0.40, a 43% premium over the October 8, 2020 closing price. The options expire on October 8, 2025, pending TSX Venture Exchange acceptance. Additionally, the company is finalizing drill programs for its Sandy, Slumber, and Exodus Gold Projects in the upcoming Fall of 2020. NV Gold focuses on mineral discoveries in North America and aims to identify and drill 2-3 priority projects each year.

NV Gold Corporation has received drill approvals for its Sandy Gold Project in Nevada, enabling a drilling program of up to 1,500 m across 10 drill holes. A recent geophysical survey was completed, identifying priority drill targets for this low-sulphidation epithermal gold system. The drill program is set to commence in October 2020. Additionally, NV Gold has submitted a drill permit for its Slumber Gold Project and is advancing its optioned Exodus Gold Project. The company aims to execute multiple drill programs in the latter half of 2020.

NV Gold Corporation (OTC PINK: NVGLF) announced favorable results from a controlled source audio-magnetotelluric (CSAMT) survey at its Slumber Gold Project in Nevada. The survey identified multiple high-priority drill targets linked to a potentially large buried gold-bearing hot spring system. Following a promising 2019 drilling program, NV Gold is expediting permitting for an exploration drill program scheduled to begin in fall 2020. The company aims to deepen its drilling efforts to assess these newly identified targets more effectively.

NV Gold Corporation (NVGLF) has provided an exploration update for the high-grade Exodus Gold Project in British Columbia. Recent activities include a completed soil geochemistry program covering a 2 km x 2 km area, with 817 samples pending analysis. Increased mapping and sampling of newly identified veins are ongoing, and a drill permit for 5,000 meters has been submitted. Positive discussions were held with Lheidli T'enneh First Nation regarding a Mineral Exploration Agreement. The exploration focus is on expanding vein systems and preparing for future drilling.

NV Gold Corporation (TSXV: NVX, OTC PINK: NVGLF) has successfully closed a CDN$3,000,200 non-brokered private placement, selling 9,375,625 units at CDN$0.32 per unit. Each unit comprises one share and one-half warrant, with warrants exercisable at CDN$0.40 until August 21, 2022. The funds will advance exploration at the Exodus, Slumber, and Sandy Gold Projects. Investments include Crescat Capital LLC, which acquired 3,125,000 units and has rights for future financings, bolstering NV Gold's financial support for ongoing exploration initiatives.