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NVX.V ·

Nv GOLD Corporation Grants Stock Options

Share Capital & Compensation

580 Hornby Street, Suite 588

Vancouver, British Columbia, V6C 3B6

Tel: +1 888 363 9883

www.nvgoldcorp.com

NV GOLD CORPORATION GRANTS STOCK OPTIONS

VANCOUVER, BC / ACCESSWIRE / April 25, 2023 / NV Gold

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

“Company ”) announces that it has approved the issuance of 1,225,000 stock

options to officers, directors and consultants of the Company to purchase up to

1,225,000 common shares in the capital of the Company (each, a “ Share”)

pursuant to the Company’s Stock Option Plan . Each option vested immediately

and is exercisable for a period of five (5) years at an exercise price of $0.07 per

Share, subject to the approval of the TSX Venture Exchange.

About NV Gold Corporation

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) is a well-organized

and well-financed 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 geological data library, 202 3 promises to be

highly productive for NV Gold.

On behalf of the Board of Directors,

John Seaberg, Director, and CEO

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

contact:

Freeform Communications at 604.245.0054

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.

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 variati ons 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 discussions of future p lans, estimates and forecasts and

2

statements as to management's expectations and intentions with respect to,

among other things: the Company obtaining regulatory approval for the grant of

the stock options . 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 o r 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.