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NEV.V ·

Nevada Sunrise Announces Stock Option Grants

Share Capital & Compensation

Nevada Sunrise Announces Stock Option

Grants

TSXV: NEV

VANCOUVER, BC

,

Jan. 20, 2022

/CNW/ -

Nevada Sunrise Gold Corporation

("Nevada Sunrise"

or the "Company") (TSXV: NEV) announced today that it has granted a total of 1,600,000 stock

options to directors, officers and consultants of the Company, exercisable at a price of

$0.06

per

share for a period of five years from the date of grant. The options have been granted in accordance

with the Company's stock option plan.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in

Vancouver, BC

,

Canada

, that holds interests in gold, copper, cobalt and lithium exploration projects

located in the

State of Nevada, USA

.

The Company's key gold asset is a 20.01% interest in a joint venture with New Placer Dome Gold

Corp. (TSXV: NGLD) at the Kinsley Mountain Gold Project ("Kinsley Mountain") near

Wendover

.

Nevada Sunrise has the right to earn a 100% interest in the Coronado VMS Project, located

approximately 48 kilometers (30 miles) southeast of

Winnemucca

. The Company owns a 15%

interest in the historic Lovelock Cobalt Mine and the Treasure Box copper properties, each located

approximately 150 kilometers (100 miles) east of

Reno

, with Global Energy Metals Corp. (TSXV:

GEMC) holding an 85% participating interest.

Nevada Sunrise owns 100% interests in the Jackson Wash and Gemini lithium projects, both of

which are located in

Esmeralda County

. The Company owns Nevada water right Permit 86863,

located in the Lida Valley basin, near Lida,

Nevada

.

FORWARD LOOKING STATEMENTS

This release may contain forward

–

looking statements. Forward looking statements are statements

that are not historical facts and are generally, but not always, identified by the words "expects",

"plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar

expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and

include disclosure of anticipated exploration activities. Although the Company believes the

expectations expressed in such forward

–

looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results may

differ materially from those in forward looking statements. Forward

–

looking statements are based

on the beliefs, estimates and opinions of the Company's management on the date such statements

were made. The Company expressly disclaims any intention or obligation to update or revise any

forward

–

looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to the interpretation and actual results of

historical exploration at its mineral exploration properties, reliance on technical information

provided by third parties on any of our exploration properties, including access to historical

information on its properties, current exploration and development activities; changes in project

parameters as plans continue to be refined; current economic conditions; future prices of

commodities; possible variations in grade or recovery rates; failure of equipment or processes to

operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of

the mining industry; delays in obtaining governmental approvals, financing or in the completion of

exploration, as well as those factors discussed in the section entitled "Risk Factors" in the

Company's Management Discussion and Analysis for the Nine Months Ended

June 30, 2021

,

which is available under Company's SEDAR profile at

www.sedar.com

.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of

accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been

registered under the United States Securities Act of 1933, as amended, and may not be

offered or sold within

the United States

or to the account or benefit of any U.S. person.

SOURCE

Nevada Sunrise Gold Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2022/20/c5320.html

%SEDAR: 00026824E

For further information:

Warren Stanyer, President and Chief Executive Officer, Telephone: (604)

428-8028, Facsimile: (604) 684-9365, email: [email protected], Website:

http://www.nevadasunrise.ca

CO: Nevada Sunrise Gold Corporation

CNW 17:30e 20-JAN-22