Property-Wide Geophysics Completed At High-Grade Exodus Gold Project

VANCOUVER, BC - NV Gold Corporation has now completed both the property-wide helicopter-borne high resolution aeromagnetic ("High-Res Mag") and radiometric surveys. In addition, the exploration team has arrived on site today at the high-grade Exodus Gold Project, located in the Cariboo Mining Division, 40 km NNW of Prince George, British Columbia.

"We are pleased to have completed the property-wide geophysics ahead of the arrival of the exploration team, led by our new project manager Max Keogh, P. Geo. The information to be provided by the High-Res Mag and radio metrics survey will greatly assist our technical team to be highly effective in our aggressive exploration program aimed to further understand and identify additional key features and sub-surface structures for first priority drill targets," commented Peter A. Ball, President & CEO. "The large mineralized central core of the project, where grades have previously returned samples up to 23.2 g/t Au, will be prioritized to further assess the current high-grade targets for additional sampling, trenching, and structural review for a planned fall drill program. Raw data obtained from the geophysical survey has identified new areas of interest throughout the project. Reconnaissance explorations teams will be immediately directed to review these new zones and structures. The data from the geophysical program is currently being fully processed, and the final interpretation is to be completed. This will further assist in identifying other additional areas of interest across the large 11,000+ hectare land package."

NV Gold has commenced an aggressive exploration program at its new high-grade Exodus Gold Project, with the aim of identifying multiple high-grade targets to be tested by a focused diamond drill program in the fall of this year. Field programs operating this summer and fall will include mapping, rock and soil sampling, trenching, and structural modeling to help finalize drill targeting, as well as the collection of environmental data necessary for drill permitting. Results of the field programs are anticipated for timely release as the company continues to advance the Exodus Gold Project.