Nevada Sunrise Grants Incentive Stock Options

NEVADA SUNRISE GOLD CORPORATION

March 13, 2012 For immediate release News Release TSX Venture: NEV

NEVADA SUNRISE GRANTS INCENTIVE STOCK OPTIONS

March 13, 2012, Vancouver, British Columbia – Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSX-V: NEV) is pleased to announce that it has granted incentive stock options to certain directors, officers, and employees of the Company to purchase up to 2.425 million common shares in the capital stock of the Company pursuant to its shareholder approved stock option plan. All of the options are fully-vested and are exercisable at a price of $0.22 per common share, expiring on March 13, 2017.

About Nevada Sunrise

For details on the Company, its properties, management team and philosophy, please visit our website at www.nevadasunrise.com.

FOR FURTHER INFORMATION:

William B. Henderson President and Chief Executive Officer Telephone: (530) 887-9901 Facsimile: (530) 884-3822 Email: [email protected]

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.