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NVX.V ·

NV Gold Appoints John Watson as Chief Executive Officer

Management Changes

NV Gold Appoints John Watson as Chief

Executive Officer

VANCOUVER, BC / ACCESSWIRE / June 30,2023 / NV Gold

Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) (“ NV Gold ” or the “ Company”)

announces that, effective June 30, 2023, Mr. John Seaberg will resign from his positions

as President , Chief Execu tive Officer (CEO) and Director of NV Gold to pursue new

opportunities .

During his time with the Company, Mr. Seaberg has overseen and been part of many

changes. Under his leadership, NV Gold’s exploration portfolio has continued to evolve,

and a new strategy focusing on the Company’s most advanced properties ha s been

launched .

“We are grateful for Mr. Seaberg’s efforts on behalf of NV Gold and wish him much

success in all his ventures going forward”, said John Watson, Chairman and CEO of the

Company. “I continue to serve as Chairman of the Board and have been as ked to serve

as Interim CEO as our Board of Directors begins the process of permanently filling the

position. ”

Mr. Seaberg has agreed to continue as an advisor to the Company to assist with the

transition .

About NV Gold Corporation

NV Gold Corporation is a well-organized exploration company with ~89 million shares

issued and no debt. 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, searchable geological data library.

On behalf of the Board of Directors,

John Watson, Chairman

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

750 West Pender Street, Suite 250

Vancouver, British Columbia, V6C 2T7

Tel: +1 (604) 245.0054

www.nvgoldcorp.com

2

Freeform Communications at 604.245.0054

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 release, 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 statements and information. Such statements and

information reflect the current view of the Company and include, without limitation, statements

regarding di scussions of future plans, estimates and forecasts and statements as to

management's expectations and intentions with respect to, among other things: the potential

quantity and grade of mineral resources identified in the Exploration Target and the Company’s

current expectations regarding future exploration and development plans. 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, performance 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 to 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 statements

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.