Approval Of Notice of Intent (NOI) For Triple T Gold Project

VANCOUVER - Thomas Klein, NV Gold Corporation VP Exploration, said, "I am excited to have received the approval for drilling NV Gold's Triple T Gold Project located at the southeastern end of the Humboldt Range, Pershing County, Nevada. Triple T is one of three promising lease agreements the Company has done with Tom Callicrate (Mountain Gold Claims, LLC) over the last year. The Project has decent gold values with multiple grams up to 11.7 g/t Au from rock chip sampling and the remaining open gold intercepts from historical drilling in excess of 1.0 g/t Au were compelling enough to get the Project added back to NV Gold's Exploration Portfolio."

The Project is comprised of 41 claims and located in the Humboldt Range. The Company started in May 2009 with geological reconnaissance, followed by several campaigns of surface rock and soil geochemistry sampling, and concluded with a drilling program in October 2009. Two principal zones of gold mineralization, the "South Area," and the "North Area," were identified by earlier exploration and drilling campaigns. A third zone of rock chip gold-anomalism, called the "Next Target," was never drilled.

In June 2021, the Company signed a Lease Agreement providing NV Gold the right to lease an undivided 100% right, title, and interest in Triple T. Guided by 3-D Leapfrog modeling, NV Gold sees the opportunity to re-evaluate this comprehensive near-surface, oxide-gold potential with gold grades up to 11.7 g/t Au from rock chip sampling and open drill intercepts of 32 meters @ 0.73 g/t Au and 16.8 meters @ 1.345 g/t Au, to improve and enhance the Property to a pre-discovery stage. The Company has recently received the approval of the Triple T "Notice of Intent (NOI)" for 10 additional RC (reverse circulation) holes and will commence with the drill site construction by the end of this month.