NV Gold Announces Private Placement for $122,500

NV GOLD CORPORATION

Suite 810 - 609 Granville Street PO Box 10356 Pacific Centre Vancouver, BC V7Y1G5

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

August 13, 2014 Trading Symbol: NVX

NV GOLD ANNOUNCES PRIVATE PLACEMENT FOR $122,500

Vancouver, British Columbia – NV Gold Corporation (TSX-V: NVX) (the "Company") announced today a non-brokered private placement for gross proceeds of $122,500 (the “Placement”).

The Placement is an offering of up to 816,667 units (the “Units) at $0.15 per Unit. Each Unit consists of one Share and one-half of one Warrant exercisable at CDN$0.25 per share for eighteen months from issue of the Units. Funds from the Placement are budgeted for general corporate purposes, including exploration programs at the Company’s Rattlesnake Hills Project, located in Natrona County, Wyoming.

The Placement is subject to the approval of the TSXV.

On behalf of the Board of Directors,

(sgd.) "John E. Watson"

President and CEO

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

John E. Watson, Phone: 303.674.9400 Email: [email protected]

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.