Nevada Sunrise And Liberty Gold Drilling At Kinsley Mountain Gold Project 

VANCOUVER, BC - Nevada Sunrise Gold Corporation reported that the Company has received results of the 2018 drilling program at the Kinsley Mountain Gold Project from Liberty Gold Corp..  Kinsley Mountain is located near the town of Wendover in eastern Nevada and is a joint venture between Liberty Gold and the Company, with Liberty Gold, as operator, holding a 79.1 percent interest and Nevada Sunrise, through a wholly-owned U.S. subsidiary, holding a 20.9 percent interest. The 2018 drilling program targeted possible extensions of the Western Flank deposit, which was discovered by Liberty Gold in 2014. Subsequent drilling has outlined a sulphide resource estimate, using multiple cut-offs1 of 284,000 Indicated ounces of gold grading 6.04 grams per tonne ("g/t") and 39,000 Inferred ounces grading 2.41 g/t gold. Cut-off grades assume an open-pit mining scenario, using a pit floor elevation generated using Whittle software, reasonable assumptions for mining and milling costs, and a US$1,300/ounce gold price. A total of seven reverse circulation holes were started in the 2018 program, with five holes completed and two lost at shallow depths due to voids and fault zones encountered. Total meterage for the 2018 program was approximately 1,830 meters (6,005 feet). Highlights of the drilling were as follows: PK228 intersected 5.42 g/t gold over 9.1 meters from 275.8 meters to 285.0 meters, including 7.77 g/t gold over 6.1 meters from 277.4 meters to 283.5 meters, at the Secret Canyon-Geddes contact, 50 meters east of 2017 hole PK221, which intersected 5.30 g/t over 29 meters. This new intercept in PK228 represents a significant step out in the Western Flank Zone ("WFZ") east extension exploration. Liberty Gold has recommended follow up in subsequent drill programs. PK229 and PK229A were drilled to intersect the Secret Canyon shale beneath the Ridge Pit area. Both of these holes were cut short due to drilling problems related to voids and fault zones in the shallow units. However, these holes did provide valuable data in specific fault zone locations and mineralized breccia zones near the faults. Of note, PK229A returned 1.15 g/t gold over 15.2 meters from 91.4 meters to 106.7 meters, in brecciated Notch Peak and Hamburg Dolomite adjacent to the KNW fault zone. This is very encouraging for follow-up testing of the lower units in this vicinity, as it indicates strong hydrothermal fluid flow during the local mineralization event. PK226 was the first hole of the program in the WFZ east extension area, targeted to test a modeled east-west trending zone between the WFZ and the historical PK200/PK215 intercepts about 170 meters east of the WFZ high-grade zone. This hole returned multiple mineralized intercepts, including 1.54 g/t gold over 6.1 meters from 135.6 meters to 141.7 meters in the Dunderberg Shale, and 0.77 g/t gold over 7.6 meters from 249.9 meters to 257.6 meters in the Secret Canyon Shale.

The first hole of the program, PK225 was drilled into the Anticline Target, an area with no previous drilling, to test the Secret Canyon Shale southeast of the Western Flank Zone and returned a lower-grade interval of 0.45 g/t gold over 1.5 meters in the shallow Notch Peak limestone. Hole PK227 was drilled to test the Secret Canyon-Geddes contact and returned a lower-grade interval in the Dunderberg Shale of 0.55 g/t gold over 6.1 meters from 141.7 meters to 147.8 meters.  The last hole of the program, PK230, encountered voids and fault zones, but showed no significant results.

Kinsley Mountain is located approximately 80 kilometers (50 miles) south of Wendover, Nevada, and consists of 513 unpatented lode claims on U.S. Bureau of Land Management land plus 5 leased patents totaling 4,160 hectares (10,280 acres). Kinsley Mountain hosts near-surface mineralization similar to other Carlin-style, sediment-hosted gold systems, and hosts a past-producing mine with an extensive exploration database and numerous untested gold targets.