Exploration Permit Received For Kinsley Mountain

VANCOUVER, BC - Nevada Sunrise Gold Corporation reported that its joint venture partner Pilot Gold Inc. has obtained a key exploration permit for Kinsley Mountain, Nevada. The receipt of approval from the U.S. Bureau of Land Management (BLM) for the Plan of Operations allows Pilot Gold, the operator at Kinsley Mountain, to drill test high-priority targets within a core group of claims, including the Western Flank, Candland Canyon and extensions trending NNE and SW of the historical pits.

Recently Nevada Sunrise, through its subsidiary Intor Resources Corporation, gave notice to Pilot Gold that it had elected not to fund its portion of the approved $5.2-million 2013 budget for Kinsley Mountain. Pilot Gold is now funding a modified $3.4-million program in 2013 in its entirety. As a result, and further to Pilot Gold having solely-funded the required reclamation bond, Pilot Gold's interest in Kinsley has increased from 65% to approximately 78%, with Nevada Sunrise holding an approximate 22% interest.

Pilot Gold has completed 12 reverse circulation holes at Kinsley Mountain in 2013 totaling 2,858 meters using a single drill operating under a pre-existing permit. Nevada Sunrise is informed that two drills will be added in coming weeks and that Pilot Gold expects to complete 20,000 meters of drilling in this program.