Commencement 2021 Exploration Season At Slumber Gold Project

VANCOUVER - NV Gold Corporation, Peter A. Ball, President and CEO, announce, “The Company is excited to commence its 2021 exploration season at its Slumber Gold Project, in Humboldt County, Nevada. The Phase 3 drill program will initially be focused on a recently discovered near surface oxide gold zone, where positive results including 18.3m grading 0.52 g/t Au in silicified rhyolite was intersected. Discovering a near surface mineralized gold system in Nevada in excess of 0.5 g/t Au and proximal to local mining operations, which are producing gold with a lower gold grade, is exciting. We will complete a structural review of existing data to assist targeting the potentially higher grade deeper mineralized structures that fed this system, which we anticipate being able to conduct with a follow-up deep core drilling program later this year. NV Gold is fully financed with in excess of $4.5M in cash, $1.6M of warrants in the money, and no debt. It will be our busiest year in our corporate history, with multiple gold projects currently under review for acquisition and drilling. The Company is finalizing results and modeling from our Sandy Gold Project drill program, and anticipates also announcing a Phase 2 deep core hole drill program for 2021."

Phase 3 Slumber Gold Project Drill Program Highlights: The drill program will consist of approximately 8 reverse circulation ("RC") drill holes, totaling up to 1,500 m (~4,920 ft); Each RC drill hole will target near surface oxide gold mineralization to determine extent of the interpreted 600m x 300m near surface zone, and to also test two additional parallel structures identified by recent stream sediment and rock chip sampling; During Phase 2, the oxidized and silicified rhyolite mineralization intersected correlated well with the resistive blanket identified in a previously completed geophysical CSAMT survey; and With the project currently fully permitted, the drill program is expected to commence by July 2021, when the RC drill rig is mobilized to site.