Nayarit Intersects 24.51 Metres Of 16.65 g/t Gold Equivalent 

TORONTO - Nayarit Gold Inc reported additional encouraging drilling results from its ongoing 30,000 metre Phase II drill program at the Orion District in the State of Nayarit, Mexico. The Company continues to move towards a resource calculation slated to be completed in mid-2009. A total of 11 drill holes from the Animas/Del Norte Discovery zone have been received. The Company continues to intersect high-grade mineralization on the eastern edge of the discovery. The drill holes on section 1119, including OR-08-95, 96 and 98 recorded the highest value intersections to date. Drill hole OR-08-95 intersected 24.51 metres of 16.65 g/t gold equivalent or 832.5 g/t silver equivalent (6.63 g/t gold and 500.9 g/t silver), which included a 11.89 metre zone averaging 31.27 g/t gold equivalent or 1,563.4 g/t silver equivalent (11.78 g/t gold and 974.2 g/t silver).  The company's address is 76 Temple Terrace, Suite 150, Sackville, NS B4C 0A7, (902) 252-3833, fax: (902) 252-3836, email: [email protected], www.nayaritgold.com.