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NVX.V ·

NV Gold Completes Geophysical Surveys at Slumber and Sandy Gold Projects in Nevada

Exploration Programs

580 Hornby Street, Suite 588

Vancouver, British Columbia, V6C 3B6

Tel: +1 888 363 9883

www.nvgoldcorp.com

NV Gold Completes Geophysical Surveys at

Slumber and Sandy Gold Projects in Nevada

September 14, 2020 - Vancouver, British Columbia – NV Gold Corporation (TSXV:

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

Company has completed both a controlled source audio -magnetotelluric (“ CSAMT”)

geophysical survey at its Slumber Gold Project and an electromagnetic (“EM”) (resistivity

and conductivity), magnetic (“MAG”), and radiometric survey at its Sandy Gold Project in

Nevada. Full analysis and interpreted results from both surveys are pending.

“NV Gold is excited to have recently completed geophysical surveys at its Slumber and

Sandy Gold Projects. The raw data obtained from the geophysical program s is

currently being fully processed, and the final interpretation s for both projects will be

presented over the next couple weeks ,” commented Peter A. Ball, President & CEO

of NV Gold. “It will be a busy fall in Nevada noting both the Slumber and Sandy Projects

are currently being advanced for planned drilled programs in October/November of

2020.”

NV Gold engaged Zonge International, of Reno, Nevada to execute the CSAMT

geophysical program at the Slumber Gold Project, and Geotech Ltd. of Aurora , Ontario,

Canada to complete the EM/MAG survey at the Sandy Gold Project. Based on results from

both surveys, better defined drill program s will be developed to test for potential high-

grade feeder structures at depth commencing later in the fall of 2020.

Please refer to press releases dated August 10, 2020 discussing the geophysical survey and

geological overview for the Slumber Gold Project, and August 12, 2020 reviewing the

geophysical survey and exploration history of the Sandy Gold Project.

About NV Gold Corporation

NV Gold ( TSXV: NVX, US: NVGLF ) is a well-financed junior exploration company

based in Vancouver, British Columbia that is focused on delivering value through mineral

discoveries in North America, leveraging its highly experienced in -house technical

knowledge, and identifying and drilling 2 -3 priority projects per year. NV Gold controls

multiple drill-ready projects in Nevada, and has entered into an Option Agreement on the

high-grade Exodus Gold Project in British Columbia, Canada.

On behalf of the Board of Directors,

Peter A. Ball

President & CEO

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

contact:

Peter A. Ball, President & CEO

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 o f 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, plans to complete further

drilling at the Slumber and Sandy Gold Project and their timing and other future plans and objectives of the

Company , are forward-looking statements that involve various risks and uncertainties. Th ere 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 C ompany's plans or expectations include regulatory issues, market prices,

availability of capital and financing, measures required to be taken in response to the COVID-19 pandemic,

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 res ult of new information, future events or otherwise except as otherwise required

by applicable securities legislation.