OTC PINK: NVGLF NV Gold Plans Drilling Program For Frazier Dome Property
NV GOLD CORPORATION
Suite 588 – 580 Hornby Street
Vancouver, B.C. Canada V6C 3B6
August 7, 2018 Trading Symbol: TSX.V: NVX
OTC PINK: NVGLF
NV Gold Plans Drilling Program For
Frazier Dome Property
Vancouver, British Columbia – NV Gold Corporation (TSX.V: NVX; OTC Pink:
NVGLF) (“NV Gold” or the “ Company”) has begun its previously announced reverse-
circulation, rotary drill program on the Company’s 100% owned F razier Dome gold
project, located in Nye County, Nevada. The 8-10 hole 1,500+ m drill program is
estimated at a cost of $200,000 USD, and should be completed by the end of September.
Drilling will focus on targets associated with high-angle shear zones that have yielded
rock-chip values in excess of 5g Au per ton. The targets are p roximal to wide shear
zones in Tertiary volcanics, whi ch unconformably overlay the Pa leozoic sedimentary
rocks of the area.
The Frazier Dome property is located in the Walker Lane mineral ized zone
approximately 8 kilometers north of Tonopah in Nye County.
Exploration activities at the Frazier Dome Gold project are bei ng conducted under the
supervision of Dr. Marcus Johnston, Exploration Manager for NV Gold. Assays will be
performed by ALS Chemex (Reno, Nevada and Vancouver, BC, Canada ) . T h e d a t a
verification procedures and QA/QC p r o c e d u r e s f o r t h e p r o g r a m w ill include inserting
certified standards and blanks into the sample stream. Rig dup licates will also be
collected.
About NV Gold Corporation
NV Gold is a junior exploration company based in Vancouver, Bri tish Columbia that is
focused on delivering value through mineral discoveries utilizi ng the prospector
generator model and through direct exploration activities. Leve raging its highly
experienced in-house technical knowledge, NV Gold’s geological team intends to use its
geological database, which contains a vast treasury of field kn owledge spanning decades
of research and exploration, combined with a portfolio of miner al properties in Nevada,
to create opportunities for disc overy, lease or joint venture. NV Gold plans to
aggressively acquire additional land positions for the growth of its business.
On behalf of the Board of Directors,
John E. Watson
President and CEO
For further information, visit the Company’s website at www.nvgoldcorp.com or contact:
John E. Watson,
Phone: 303.674.9400
Email: [email protected]
Neither the TSX Venture Exchange nor its Regu lation Service Provider (as that term is
defined in the policies of the TSX Ventur e Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward Looking Statements
Caution Regarding Forward-Looking Statements – This news releas e contains certain forward-looking
statements, regarding the existence of a resource on the proper ty and the securing of drilling permits and
undertaking drilling on the property. These statements are sub ject to a number of risks and uncertainties.
Actual results may differ materially from results contemplated by the forward-looking statements. Factors
that could cause actual results to differ materially from those in the forward-looking statements include not
receiving approval of a drilli ng permit and uncertainties assoc iated with mineral resources including
unsuccessful exploration results, the availability of funding f or mineral exploration and general economic
conditions. When relying on forward-looking statements to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to update any forward-looking statements,
oral or written, made by itself or on its behalf.