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NVX.V ·

NV Gold to Commence Drilling at its Frazier Dome Gold Project and Prepares for Drill Program at its Slumber Gold Project

Exploration Programs

580 Hornby Street, Suite 588

Vancouver, British Columbia, V6C 3B6

Tel: +1 888 363 9883

www.nvgoldcorp.com

NV Gold to Commence Drilling at its Frazier Dome Gold Project and

Prepares for Drill Program at its Slumber Gold Project

August 13th, 2019 - Vancouver, British Columbia – NV Gold Corporation (TSXV: NVX;

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

team has arrived at the Frazier Dome Gold Project (“Frazier Dome”) , all permits to

commence its exploration program have been received, and drilling is expected to

commence on August 14, 2019 . The Company is also in final preparations for its drill

program at its Slumber Gold Project (“Slumber”), which will commence immediately

following the Frazier Dome program.

“We are excited for the upcoming drill program at Frazier Dome , which is focused on

vectoring in on potential deep bonanza-grade feeder zones . The exploration program at

Slumber, immediately following Frazier drilling , will be targeting multiple hidden

structural gold targets that have been prioritized based on positive data an d geological

interpretation gained from a recent geophysical survey ,” commented Peter A. Ball ,

President. “In addition, geological modelling is now being advanced at our high-grade

Root Spring gold and silver project for a potential fall drill program, noting the recent

positive results and summer site visit.”

The total of both exploration programs is planned to be up to 1,600 meters of reverse

circulation (“RC”) drilling, which may be extended at a later date, pending results. Please

refer to press releases dated July 18 th, 2019, August 1 st, 2019, for additional information

on the geological models for both the Frazier Dome and Slumber Gold Projects.

The Company also wishes to announce it has entered into a Lease Agreement with the

lessors of the Slumber Gold Project, as previously indicated in the May 30 th, 2019 press

release.

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 wit h 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

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 tha n

statements of historical fact included in this release, including, without limitation, plans to complete a drill

program at Frazier Dome and Slumber , and other future plans and objectives of the Company, including

exploration plans at Root S pring, 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. Import ant factors that

could 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.