Update on Kinsley Mountain Gold Project Drilling Program in Nevada

VANCOUVER - Nevada Sunrise Gold Corporation has received an update from its joint venture partner New Placer Dome Gold Corp. on drilling progress at the Kinsley Mountain Gold Project near Wendover, Nevada.  Nevada Sunrise holds a 20.01% interest in Kinsley Mountain, with New Placer Dome, as operator, holding a 79.99% interest. New Placer Dome reports that over 1,500 meters of reverse circulation (RC) drilling has been completed in six holes at Kinsley Mountain, and that the drilling rate at Kinsley Mountain is now poised to increase with the addition of a diamond drill rig. New Placer Dome also expects to mobilize a second, larger truck-mounted RC drill rig to Kinsley Mountain by early September 2020.

The initial drilling at Kinsley Mountain is focused on expanding the high-grade Western Flank Gold Zone, which hosts a 1.54 million tonne indicated resource containing 302,000 ounces of gold at a grade of 6.11 grams per tonne1. New Placer Dome reports that the current Western Flank RC drilling has intersected pyrite-mineralized Secret Canyon shale lithologies that appear visually similar to historical well-mineralized drill intercepts.