Complete Acquisition Of Bonito Gold-Silver Project

VANCOUVER – Nation Gold Corp. has completed the acquisition of the Bonito gold-silver project in the Nogal-Bonito Mining District of New Mexico through its wholly-owned subsidiary Nation Gold US Corp.
Mark Bailey, CEO & Director, said, “The 100% acquisition of the Bonito Project marks an important milestone for Nation Gold, as we establish our presence with a flagship U.S. asset in the historically productive Nogal-Bonito Mining District of New Mexico. The Bonito Project may potentially host a gold-silver system with significant untested upside, historic underground production and prior exploration by Pioneer Metals and Placer Dome, yet remains largely underexplored at depth and without ever seeing modern drilling or exploration techniques. Nation has the objective of completing its first modern drill program following receipt of the necessary permits. With this transaction complete and the concurrent financing in place, we look forward to advancing exploration planning and working toward our first drill program at Bonito.”