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NVX.V ·

NV Gold Appoints Dr. Marcus Johnston, Ph.D as VP Exploration

Management Changes

580 Hornby Street, Suite 588

Vancouver, British Columbia, V6C 3B6

Tel: +1 888 363 9883

www.nvgoldcorp.com

NV Gold Appoints Dr. Marcus Johnston, Ph.D as VP Exploration

February 06 , 201 9 - Vancouver, British Columbia – NV Gold Corporation (TSX.V:

NVX; OTC Pink: NVGLF) (“NV Gold” or the “Company”) is pleased to announce that

Dr. Marcus Johnston has joined the Company as Vice President of Exploration , after

serving as a consultant and Exploration Manager for NV Gold since early 2018.

“I am pleased to welcome Dr. Marcus Johnston to NV Gold’s executive management team

as VP Exploration, after assisting the Company as Exploration Manager over the past

year,” John E. Watson, Chairman of NV Gold commented. “We are currently

reviewing multiple priority accretive exploration projects i n preparation for the 2019

season, with the objective of securing an advanced mineral project to actively explore

utilizing our multiple extensive geological databases, and in -house technical team and

Board. Dr. Johnston’s extensive experience of evaluatin g and exploring properties in

Nevada, will play a key role in advancing our mineral property portfolio in 2019. With a

tight corporate share structure, low burn rate, and focused management team, we look

forward to a positive year ahead. I wish to thank our supportive and patient shareholders,

as displayed in the recent AGM voting, as we ensure we select and advance key mineral

properties for exploration.”

Dr. Marcus Johnston, PhD in Economic Geology, brings more than 20 years of experience

in exploration and mining, with an emphasis on mineral systems in Nevada. Dr. Johnston

has consulted to various private groups over the past four years, including NV Gold, since

early 2018. Prior to this, he has worked with Renaissance Gold Inc., Victoria Gold Corp.,

and Newmont Gold Corp. Dr. Johnston began his research on Carlin-type deposits in 1997,

which led directly to the discovery of the Helen Zone (current resource is 713,000 oz gold

and 237,000 oz silver) near the old Cove open pit in north -central Nevada, and

revitalization of the entire McCoy mining district (now owne d by Premier Gold Mines

Ltd.). Dr. Johnston has evaluated more than 500 properties in Nevada, and played an

integral role in advancing numerous exploration projects and activ e mines. Dr. Johnston

holds a BSc from George Mason University, an MSc from the University of North Carolina

Wilmington, a PhD from the Ralph J. Roberts Center for Research in Economic Geology

at the University of Nevada, Reno , and is an active member and former President and

Director of the Geological Society of Nevada.

NV Gold reports the strong support and re-election of John Watson (Chairman and CEO),

Peter A. Ball (President & COO), Dr. Quinton Hennigh, Dr. Odin Christensen, and Alfred

“Alf” Stewart as Directors of the Company at its annual general meeting held January 30,

2019. At the meeting, the Company's shareholders also approved the renewal of the

Company's stock option plan and the re-appointment of Davidson & Company LLP as

auditors of the Company, as set out in the Company's management information circul ar

dated December 11, 2018.

The Company announces that it has granted incentive stock options to an officer and

consultant under its Stock Option Plan entitling them to purchase an aggregate of u p

to 3 75,000 common shares of the Company. The stock option s are exercisab le on or

before January 30, 2024 at a price of $0.17 per share. In addition to receiving stock

options , Dr. Johnston will also receive a one -time bonus of 190,000 shares of the

Company in respe ct of his appointment , subject to TSX Venture Exchange acceptance .

About NV Gold Corporation

NV Gold is a junior exploration company based in Vancouver, British Columbia that is

focused on delivering value through mineral discoveries. Leveraging its highly

experienced in-house technical knowledge, NV Gold’s geological team intends to utilize

its geological da tabases, which contains a vast treasury of field knowledge spanning

decades of research and exploration, combined with a portfolio of mineral properties in

Nevada, to prioritize key projects for focused exploration programs.

On behalf of the Board of Directors,

John E. Watson

Chairman and CEO

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

contact:

Peter A. Ball, President & COO

Phone: 1 -888-363-9883

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.

Forward Looking Statements

This news release includes certain forward -looking statements or information. All statements other

than statements of historical fact included in this release are forward -looking statements that involve

various risks and uncertainties. The expectation of c reating shareholder value from NVX’s efforts as

owner of the Properties and the Database s and other future plans and objectives of the Company,

including exploration plans, are forward -looking statements that involve various risks and

uncertainties. 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 Comp any’s plans or expectations

include market prices, availability of capital and financing, general economic, market or business

conditions, regulatory changes, timeliness of government or regulatory approvals and other risks

detailed herein and from time to time in the filings made by the Company with securities regulators.

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

whether as a result of new information, future events or otherwise except as otherwise required by

applicable securities legislation.