NV Gold Completes Drilling at its Slumber Gold Project in Nevada; Significant Alteration and Silicification Encountered
580 Hornby Street, Suite 588
Vancouver, British Columbia, V6C 3B6
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www.nvgoldcorp.com
NV Gold Completes Drilling at its Slumber Gold Project in Nevada;
Significant Alteration and Silicification Encountered
September 25th, 2019 - Vancouver, British Columbia – NV Gold Corporation (TSXV:
NVX; US: NVGLF) (“NV Gold ” or the “ Company”) is pleased to announce that it
recently completed an initial reverse circulation (“RC”) drill program at its 100%
controlled Slumber Gold Project, Nevada. The program consisted of seven (7) drill holes
totaling 1,091 meters (3,580 feet). Assays are now pending and expected to be received
in October 2019.
Holes SL-02, SL-04, SL-05, SL-06 and SL-07 encountered notable zones of moderate to
intense silicification. Quartz veining, locally accompanied by fine pyrite, was observed
within some intervals of silicification. Holes were angled to test a prominent, NE -
trending, silicified ridge. Alteration halos around zones of silicification include proximal
white hydrothermal -clay alteration and distal green propylitic chlorite alteration, a
characteristic of other low-sulfidation epithermal deposits in the region.
“Our technical team has observed encouraging robust zones of alteration in the first drill
holes from Slumber,” commented Dr. Quinton Hennigh, Director of NV Gold Corp.
“Alteration and silicification observed in these holes correlate well with our ground
magnetic data collected earlier this season. Once we receive assays, we anticipate
quickly identify ing critical vectors to further explore for high -grade veins within this
large, little explored, hydrothermal system.”
Please refer to press releases dated July 18 th, 2019, August 1 st, 2019, August 13 th, 2019
and August 22 nd, 2019 for additional technical, project and drill program information on
the Slumber Gold Project.
Quinton Hennigh (Ph.D., P.Geo.) is a Qualified Person pursuant to National Instrument
43-101 and has reviewed and approved the technical information contained in this news
release. Dr. Hennigh is a director of NV Gold and is not independent and is also the
President, Chairman and a Director of Novo Resources Corp.
Quality Control and Quality Assurance
Exploration activities at the Slumber Gold project were conducted under the
supervision of Dr. Marcus Johnston, VP Exploration for NV Gold. Samples have been
submitted to ALS Chemex, Reno, Nevada, for analysis. The data verification
procedures and QA/QC procedures for the program included ins erting certified
standards and blanks into the sample stream.
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 databases, which contains a vast treasury of field knowledge spanning
decades of research and exploration, combined with a portfolio of mineral properties i n
Nevada, to prioritize key projects for focused exploration programs.
On behalf of the Board of Directors,
John E. Watson
Chairman
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, including, without limitation , and other future plans
and objectives of the Company including future drilling at the Slumber Gold Project , 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 c ould cause actual results to differ materially from the Company's
plans or expectations include regulatory issues, market prices, availability of capital and financing,
general economic, market or business conditions, 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.