NV Gold Announces Renewal of the Exploration Permit at its 100% owned Surselva Gold Project in Switzerland and the Resignation of Howard Golden from the Board of Directors
NV Gold Announces Renewal of the Exploration Permit at its
100% owned Surselva Gold Project in Switzerland and the
Resignation of Howard Golden from the Board of Directors
VANCOUVER, BC / ACCESSWIRE / December 27, 2024 / NV Gold Corporation
(TSXV:NVX) (OTCQB:NVGLF) (FSE:8NV) (“ NV Gold ” or the “ Company”) is pleased to
announce that the exploration permit at its Surselva Gold Project in Switzerland has been
extended to October, 2030. The Surselva Gold Project located in the Surselva district of the
Graubunden (also called Grisons) Canton, Switzerland. NV Gold holds 100% of the project
through its wholly owned subsidiary, SwissGold Exploration AG (“SwissGold”), a private Swiss
corporation.
The Surselva project is comprised of an exploration permit that lies in contiguous portions in
the community of Medel -Lucmagn, largely south of the Vorderrhein River. The exploration
permit grants SwissGold the exclusive right to carry out geological, geop hysical, and
geochemical surveys, drilling, and excavation on public lands within the exploration territory for
the location and evaluation of mineral resources and is valid until October 2030.
Surselva Gold Project Highlights:
• Identified an underexplored district scale gold system in SE Switzerland (1981 - by David
Knopf and Karl Naert), with informal placer gold production over hundreds of years.
• Drilling (1986 -1991) by David Bell (co -discoverer of Hemlo Gold Camp) yielded
significant intercepts.
• SwissGold recently received 5 -year exploration permit and drill permits in 2019 in the
community of Medel/Lucmagn.
• NI43-101 Technical Report completed by Mine Development Associates (“MDA”) in
2014.
• 17 holes totaling 3,865 meters drilled near Lukmanier in 1986 -87. Micham drilled two
holes totaling 403.5 meters in Val Plattas in 1991, with one of the holes intersecting 1.13
g/t Au over 75 meters.
• MinAlp conducted surface exploration during 2006 -2008, creating an exceptional
technical database.
• Exploration programs by SwissGold highlighted three priority exploration targets, which
are drill-ready.
• All modern exploration data has been compiled to a solid Geographic Information
System database to support ongoing exploration.
750 West Pender Street, Suite 250
Vancouver, BC V6C 2T7 ,Canada
T: 604-245-0054
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“The Surselva Gold Project is an exciting gold project and represents a significant opportunity
for companies focused on exploration opportunities in Europe” commented John Watson,
Chairman and CEO of NV Gold Corporation.
Additional information about the Surselva Gold Project can be reviewed on our website at
https://nvgoldcorp.com/properties/other-projects/switzerland-project/
The Company also regrettably announces the resignation of Howard Golden from its board
of directors.
“We will miss Howard and his many contributions to the board and wish him the very best
in his retirement. During his tenure, Howard has served the company well sharing his many
years of experience in the mining industry. We thank Howard for his service . His absence
will be sorrily noted.” stated CEO and Chairman, John Watson.
On behalf of the Board of Directors,
John Watson, Director, CEO and Chairman
For further information, visit the Company’s website at www.nvgoldcorp.com or contact.
Freeform Communications at 604.245.0054
About NV Gold Corporation
NV Gold Corporation is a well -organized exploration company with ~ 11 million shares issued
and Outstanding. NV Gold has 21 exploration projects in Nevada comprising 639 100% -
Company-owned lode mining claims totaling 53.4 square kilometers (20.6 square miles) 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, 2023 promises to be highly productive for NV Gold.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.
This press release contains “forward -looking information” within the meaning of applicable
Canadian securities legislation and statements that are based on the beliefs of management
and reflect the Company’s current expectations. When used in this press re lease, the words
"estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should"
and the negative of these words or such variations thereon or comparable terminology are
intended to identify forward -looking statement s and information. Such statements and
information reflect the current view of the Company and include, without limitation, statements
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regarding discussions of future plans, estimates and forecasts and statements as to
management's expectations and intentions with respect to, among other things: the Company’s
use of proceeds raised under the Private Placement , the Company’s current expectations
regarding future exploration and development plans and the Company’s ability to obtain
regulatory approval. Risks and uncertainties may cause actual results to differ materially from
those contemplated in those forward -looking statements and information. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future events, to
be materially different from any future results, perform ance or achievements expressed or
implied by such forward -looking statements. The forward -looking information and forward -
looking statements contained in this press release are made as of the date of this press release,
and the Company does not undertake t o update any forward -looking information or forward -
looking statements that are contained or referenced herein, except as may be required in
accordance with applicable securities laws. All subsequent written and oral forward -looking
information and stateme nts attributable to the Company or persons acting on its behalf is
expressly qualified in its entirety by this notice regarding forward -looking information and
statements.