NV Gold Announces Expansion of Holdings and Drill Program at the Slumber Gold Project in Nevada
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750 West Pender Street, Suite 250
Vancouver, British Columbia, V6C 2T7
Tel: +1 303.668.7991
www.nvx.gold
NV Gold Announces Expansion of Holdings and Drill
Program at the Slumber Gold Project in Nevada
VANCOUVER, BC / ACCESSWIRE / August 6, 2026 / NV Gold Corporation (TSXV:NVX) (OTCQB:NVGLF)
(FSE:8NV) (“NV Gold” or the “ Company”), is pleased to announce the initiation of a 5,000-meter (15,000-foot)
Reverse Circulation Drill Program at its 100%-owned Slumber Gold Project located approximately 80.5 kilometers
(50 miles) northwest of Winnemucca and 35 kilometers (21.7 miles) west of the Sleeper gold deposit,
Humboldt County, Nevada.
In addition, the Company announc es the completion of a mining and exploration lease covering approximately
1,500 acres of fee (private) land adjacent to the Company’s mining claims . This lease is located between and
adjacent to the Company’s two drilling target areas at Awakening (north) and Slumber (south). The new lease
area could potentially connect the previously reported gold zones. The drilling area encompasses a surface
dimension of nearly 3 kilometers (~10,000 feet) northeast to southwest and varies in width up to 1 kilometer
(~3,000 feet) . Previous drilling has encountered mineralized thicknesses up to 175 meters (~570 feet) .
Premier Drilling, based in Elko, Nevada has been retained to carry out the Reverse Circulation drill program
compris ed of 20-30 holes ranging in depth from 175-375 meters (~550 to 1,200 feet) from surface. Targets
for these drill holes have been designed to test potential new areas of gold mineralization derived from
previous drilling results , combined with surface sampling and mapping . Drilling is scheduled to begin during
the first week of September and is expected to last 6-8 weeks.
Qualified Person: The technical information in this document was reviewed, and approved by Jesse D. Wellman,
CPG, an American Institute of Professional Geologists certified Professional Geologist, and is a Qualified Person
as defined in the NI 43 -101. Jesse D. Wellman, CPG is a consulting Economic Geologist, and Qualified Person
with over 20 years’ experience in precious metals exploration, discovery, and development. Mr. Wellman is a
contract geologist working on NV Gold Corporation projects.
About the Slumber Gold Project
The Property now compris es 120 lode mining claims and 1,500 acres of leased fee land . Slumber geology
consists of volcanic -hosted epithermal gold (and low silver) mineralization found in a structural corridor along
the southern Jackson Mountains. The gold system has been interpreted with graben-like structures controlling
silicification and minor quartz veining in volcanic and sedimentary rocks. The main host rocks are of rhyolitic
composition (Trf, Trx & Tra) underlain by fresh to weakly altered Paleozoic greenstone. Most of the gold
mineralization occurs in extensively -oxidized, hematite breccia s (Trf) and silicified lithic tuff zone s (Trx). Gold
values can increase when intercepted by quartz flooding and veining. Drilling has also encountered displaced
decalcified, gold -bearing (up to 0.64 g/t Au) carbonate rock in low -angle structures, suggesting additional
potential within the area.
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About NV Gold Corporation
NV Gold Corporation is a well -organized exploration company with ~32.4 million shares issued and no debt.
NV Gold has numerous exploration projects in Nevada with has two priority projects - Slumber and SW Pipe.
The Company is based in Vancouver, British Columbia, and Reno, Nevada and is focused on delivering value
through mineral discoveries in Nevada, USA. Leveraging its expansive property portfolio, its highly
experienced in -house technical team, and its extensive geological data library, 2026 promises to be highly
productive for NV Gold.
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
For further information, visit the Company’s website at www.nvx.gold or contact
Freeform Communications at 604.245.0054
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accept responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the
meaning of applicable Canadian securities laws. Forward -looking statements relate to future events or future
performance and reflect the exp ectations or beliefs of the management of the Company regarding future events.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology
such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events
or results “may”, “could”,” should”,” would” or ‘occur. This information and these statements, referred to herein as
“forward-looking statements”, are not historical facts, are made as of the date of this news release and include,
without limitation, statements related to management’s expectations and intention s. Accordingly, readers should
not place undue reliance on the forward -looking statements and information contained in this news release.
Readers are cautioned that the forgoing list of factors is not exhaustive. Although the management of the Company
has attempted to identify factors that could cause actual results to differ materially from those contained in forward-
looking statements or forward -looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements and forward-looking information. Readers
are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not
undertake to update any forward -looking statement, forward -looking information or financial outlook that are
incorporated by reference herein, except in accordance with applicable securities. We seek safe harbor.