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NVX.V ·

Drilling Commences at the Slumber Gold Project, Humboldt County, Nevada

Exploration Programs

Drilling Commences at the Slumber Gold Project, Humboldt County, Nevada

VANCOUVER, BC / ACCESSWIRE / October 25, 2021 / NV Gold Corporation

(TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") is pleased to

announce that drilling has commenced at the 100% controlled Slumber Gold Project ("Slumber")

located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA.

Drilling at Slumber will encompass up to 1,500 m in 6-8 RC drill holes.

"Drilling commenced today at the Slumber Gold Project, targeting a potential shallow oxide

gold system that was newly identified in our late-2020 program." commented John Watson,

President and CEO of NV Gold. This marks the third phase of drilling at Slumber, with

continuing progress on the property. The mineralization at Slumber is almost entirely obscured

by gravel cover, making exploration challenging. This drilling marks the beginning of a multi-

project drilling campaign, expected to continue through Q4 and perhaps into Q2-2022. For

additional information on the Slumber program plans, please refer to the Company's press

release dated 9-7-2021.

"NV Gold is entering a new stage of exploration where discoveries will be built on the

foundation of a strong and aggressive Project Execution Pipeline. The new strategy of turning

our focus away from the over-explored and drilled-tested mountain ranges and "trends" towards

the pediment and obscured, undercover targets will pave the Company's pathway to discovery,"

commented Thomas Klein VP Exploration.

On behalf of the Board of Directors,

John E. Watson

President & CEO

For further information, visit the Company's website at www.nvgoldcorp.com or contact:

Freeform Communications at 604.245.0054

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

Forward Looking Statements

This news release includes certain forward-looking statements or information. There can be no

assurance that such statements will prove to be accurate and actual results and future events

could differ materially from those anticipated in such statements. Important factors that could

cause actual results to differ materially from the Company's plans or expectations include

regulatory issues, market prices, availability of capital and financing, general economic, market

or business conditions, timeliness of government or regulatory approvals, The Company

disclaims any intention or obligation to update or revise any forward-looking statements whether

because of new information, future events or otherwise, except as otherwise required by

applicable securities legislation.

SOURCE: NV Gold Corporation