RC Drill Program Initiation At The Slumber Gold Project

VANCOUVER - NV Gold Corporation announced the initiation of a 4,000-foot Reverse Circulation Drill Program at its Slumber Gold Project located approximately 80.5 kilometers (50 miles) northwest of Winnemucca and 35 kilometers (21.7 miles) west of the Sleeper gold deposit, Humboldt County, Nevada.

The Property, comprising 85 lode mining claims. Slumber is volcanic-hosted epithermal gold (and low silver) mineralization found in a structural corridor along the southern Jackson Mountains. It is interpreted as graben-like structures controlling silicification and minor quartz veining in volcanic and sedimentary rocks. The main host rocks are of rhyolitic composition (Trf, Trx & Tra) underlain by fresh to weakly altered Paleozoic Greenstone. Most of the gold mineralization occurs in a well oxidized, hematite breccia (Trf) and the underlying silicified lithic tuff zone (Trx), gold values can increase when intercepted by quartz veining. It is important to know that drilling has also encountered displaced decalcified, gold-bearing carbonate rock in low-angle structures, which suggests additional targets within the area.