Board Change • Apr 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director John Kerr was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (196% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.79m market cap, or US$4.94m). Duyuru • Feb 10
NV Gold Corporation announced that it has received CAD 0.645 million in funding On February 9, 2026, NV Gold Corporation closed the transaction. The company issued 3,225,000 units at an issue price of CAD 0.20 for gross proceeds of CAD 645,000. The transaction includes participation from insiders. All securities issued in connection with the offering are subject to a statutory hold period expiring four months and one day after closing of the offering. In connection with the closing of the offering, the company paid cash finder’s fees of CAD 2,400 to one eligible finder. Duyuru • Jan 27
NV Gold Corporation announced that it expects to receive CAD 1 million in funding NV Gold Corporation announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.20 per Unit for gross proceeds of up to CAD 1,000,000 on January 27, 2026. Each Unit will consist of one common share and one transferable common share purchase warrant. Each Warrant is exercisable at a price of CAD 0.50 and expires 2 years from the issuance date. Insiders may participate in the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Completion of the Offering is subject to the approval of the Exchange. Any participation by insiders in the Offering will constitute a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. Duyuru • Jan 21
NV Gold Corporation announced that it has received CAD 0.4158 million in funding On January 20, 2026, NV Gold Corporation closed the transaction. The company announced that it has issued 2,079,002 units at a price of CAD 0.20 per Unit for gross proceeds CAD 415,800.40. Each Unit consists of one common share (each, a “Share”) and one transferable common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable at a price of CAD 0.50 and expires 2 years from the date of issuance. All securities issued in connection with the Offering are subject to a statutory hold period expiring four months and one day after closing of the Offering. Duyuru • Jan 14
NV Gold Corporation announced that it expects to receive CAD 0.4158 million in funding NV Gold Corporation announced a non-brokered private placement consisting of 2,079,002 units (“Units”) at a price of CAD 0.20 per Unit for gross proceeds CAD 415,800.40 on January 13, 2026. Each Unit will consist of one common share (each, a “Share”) and one transferable common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable at a price of CAD 0.50 and expires 2 years from the issuance date. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Completion of the Offering is subject to the approval of the Exchange. Duyuru • Nov 19
NV Gold Corporation announced that it has received CAD 0.666199 million in funding On November 18, 2025, the NV Gold Corporation closed the transaction by issuing 277,777 units at an issue price of CAD 0.18 for the proceeds of CAD 49,999.86 under second and final tranche.
The company raised proceeds of CAD 651,798.968 ($461,614 ) pursuant to Regulation D from 5 investor. The company paid CAD 21,180 ($15,000) as accounting service fees . Duyuru • Nov 18
NV Gold Corporation, Annual General Meeting, Jan 29, 2026 NV Gold Corporation, Annual General Meeting, Jan 29, 2026. Duyuru • Oct 23
NV Gold Corporation announced that it expects to receive CAD 1 million in funding NV Gold Corporation announced a non brokered private placement to issue 5,555,555 units at a price of CAD 0.18 per Unit for gross proceeds of CAD 999,999.9 on October 22, 2025. Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of CAD 0.40 for a period of 24 months from the date of issuance. The securities issued in the Offering will be subject to applicable hold periods imposed under applicable securities legislation, including a hold period of 4 months and one day from the date of issuance. The Company may pay a finder’s fee on a portion of the gross proceeds of the Offering. The Offering remains subject to regulatory approval and the approval of the TSX Venture Exchange. New Risk • Aug 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$278k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$278k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (115% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.57m market cap, or US$1.86m). New Risk • May 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.82m market cap, or US$1.32m). Duyuru • May 22
NV Gold Corporation announced that it expects to receive CAD 0.5 million in funding NV Gold Corporation announced a non-brokered private placement to issue 5,000,000 units at a price of CAD 0.1 per unit for aggregate gross proceeds of CAD 500,000 on May 22, 2025. Each Unit consists of one common share of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of CAD 0.20 for a period of 24 months from the date of issuance. The transaction is subject to regulatory approval and approval of the TSX Venture Exchange. The securities issued in the transaction will be subject to a hold period of 4 months and one day from the date of issuance. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director John Kerr was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$400k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$400k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.19m market cap, or US$1.53m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Duyuru • Nov 12
NV Gold Corporation, Annual General Meeting, Jan 23, 2025 NV Gold Corporation, Annual General Meeting, Jan 23, 2025. Duyuru • Sep 05
NV Gold Corporation announced that it expects to receive CAD 0.4 million in funding NV Gold Corporation announced a non-brokered private placement that it will issue 2,000,000 units at a price of CAD 0.20 per Unit for the gross proceeds of up to CAD 400,000 on September 4, 2024. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will be exercisable into one Common Share at a price of CAD 0.30 per Warrant for a period of two years from the date of issuance, subject to an acceleration provision should the Company’s Common Shares have a closing price of CAD 0.45 per Common Share for a period of 10 consecutive trading days. In connection with the Private Placement, the Company may pay a finder’s fee within the maximum amount permitted by the policies of the TSX Venture Exchange. The Private Placement may close in multiple tranches as subscriptions are received. Closing of the Private Placement is subject to certain customary corporate and regulatory approvals, including, without limitation, approval of the TSX Venture Exchange. Securities issued under the Private Placement will be subject to a hold period which will expire four months and one day from the date of closing of the Private Placement. Duyuru • Aug 28
NV Gold Corporation Identifies Drill Targets at the Oasis Gold-Copper Project in Nevada NV Gold Corporation announced that a technical analysis has been completed on the company's 100% owned Oasis gold and copper project. Located in the Walker Lane structural and mineral belt of west central Nevada, about 30 miles to the west-southwest of Goldfield (>4m oz Au high sulfidation system), and about 11 miles south of the Silver Peak gold and silver district's Nivloc mine, the area is considered fertile for economic mineral concentrations. The project has many of the characteristics of the zone near the top of a porphyry system (Yerington, New Boston, Paradise Peak East) and zones near the plumbing of a high sulfidation epithermal setting (Goldfield, the Graben deposit in the Borealis District, some deposits in the Monte Cristo range). Abundant and widespread strong argillic alteration, more localized potassic zones, sheeted quartz veins, quartz-alunite ledges and multiple pulses of magma injection, along with evidence of multiple overprinting periods confirm the style of system, and general location of the system within the well-known porphyry to epithermal continuum. The single age date from alteration, was dated at 16.1± 0.7 Ma (Wolverson, 1987). This corresponds well with the age of mineralization at several other Nevada gold deposits including Sleeper, and Midas. Based on drill holes with Au assay values available, there is not presently sufficient drilling density to calculate an Inferred Resource. The data currently available does provide an exploration target that contains between 17 and 19 million tons, with grades ranging from 0.25 to 0.425 g/t. The target has been developed on 2d sections 100 meters apart, using the mean grade of each intercept, and a range of +/- 25 percent. Density values used ranged from 2.25 g/cm3 to 2.55 g/cm3. This exploration target contains 54 mineralized zones at least 3 meters downhole, in a zone at least 1.2 km in an east west trend, and 0.5 km wide. There are no drill holes along one of the sections, as well as several untested areas internal and outboard mostly to the south and west. Drilling the next phase would be designed to expand the scope of the known gold zone and to increase the drill density of the previous drilling to advance the project toward resource status. Duyuru • Apr 27
NV Gold Corporation Reports Strong Surface Samples, 5440 g/t Ag and 1.26% Cu, and 14.4 g/t Au at Root Spring Project in Nevada NV Gold Corporation reported promising gold, silver, and copper values from rock chip sampling at its 100%-owned Root Spring Gold Project in Pershing County, Nevada. Two new samples with up to 14.4 g/t gold (0.463 ounces per ton (opt)) accompanied by high silver values reaching 5440 g/t (175 opt) and 1.26% copper These samples eclipse the historical high-grade samples and the Company plans to reevaluate the Property for a potentially larger and higher-grade target. The project is situated 28 kilometers east of the Rochester silver-gold operation and 21 kilometers east of NV Gold's Triple T gold project. The Property consists of 26 mining lode claims (520 acres). The property was acquired from Redstar Gold in 2016 as part of a larger transaction. The project contains an epithermal/mesothermal silver-gold quartz vein system exposed at the edge of a large alluvial-covered valley. Mineralization is hosted in the Triassic Koipato volcanics. The Koipato hosts the Rochester Ag-Au deposit as well as the Spring Valley gold deposit 27 km west of Root Spring. The quartz vein system is exposed for at least 1.2 km along a northwest strike, with individual veins to 5m thick. Extensions of the veins along strike as well as surrounding country rock are concealed by alluvial cover within a northwest-trending alluvial-filled valley corridor along a range front. Like the Rochester deposit to the west, the Root Spring Au-Ag system is adjacent to a Triassic granitic pluton. Historical surface rock-chip gold values in veins reached 9.36 g/t gold (0.273 opt) accompanied by high silver reaching 1500 g/t (44 opt). The veins are surrounded by widespread, locally mineralized quartz-sericite-pyrite alteration of the host felsic volcanic sequence recognized from earlier shallow drilling. The project exploration approach is in keeping with the Company's vision of discovery potential beneath Great Basin gravel cover. A limited first-phase drilling program in 2012, consisting of eighteen core holes totaling 1,232.31 m, intersected Au-Ag mineralization down-dip of exposed veins, however, drilling was very shallow (68 m average length Results included 11.9 m grading 13.8 g/t Ag and 0.17 g/t Au, 10.7 m grading 17.23 g/t Ag and 0.14 g/t Au and 9.3 m grading 16.47 g/t Ag and 0.53 g/t Au. Duyuru • Nov 29
NV Gold Corporation, Annual General Meeting, Jan 25, 2024 NV Gold Corporation, Annual General Meeting, Jan 25, 2024. Duyuru • Sep 12
NV Gold Corporation Reports Positive Rock Chip Samples Results Up to 9.63 G/T Au from Triple T Gold Project NV Gold Corporation reported assay results from the recently completed Rock Chip Sampling Program carried out at its 100%-owned Triple T Gold Project located in the Humboldt Range, Nevada. The Project is situated 7 kilometers east of the Rochester silver-gold operation and 42 kilometers southeast of the Florida Canyon Gold Mine. During August of 2023 the Company conducted a mapping and rock chip sampling program to extend the known near-surface, oxide gold mineralization of the northern portion of its Triple T property. Twenty-seven rock chip samples were taken of which 24 returned gold values in the anomalous to high-grade range with 5 samples between 2.71 g/t Au and 9.63 g/t Au. Confirmation of a major low-angle thrust plane (shear zone) controlling the Triple T gold mineralization over a strike length of up to 5 kilometers, and "proof of concept" that mineralized host lithology extends beneath Upper Limestone to the east. The Company has implemented a quality control program to ensure best practices in sampling and analysis of the chip samples. The chips of the entire hole are collected at the drill site, logged and split into an eighth sample using a rotating sample splitter. The eighth sample is then securely shipped to the ALS Global Laboratory in Elko, Nevada. During sample collection and assaying, there is an established QC procedure using standards, and blanks inserting each at 30m intervals in each hole. At the laboratory, samples are crushed and pulverized in preparation for analysis. Duyuru • Aug 22
NV Gold Corporation Reports Positive Drill Results from Triple T Gold Project NV Gold Corporation reported assay results from the recently completed Reverse Circulation (RC) Drill Program carried out at its 100%-owned Triple T Gold Project located in the Humboldt Range, Nevada. The Project is situated 7 kilometers east of the Rochester silver-gold operation and 42 kilometers southeast of the Florida Canyon Gold Mine. The program consists of 14 shallow RC drill holes totaling 719.3 meters in the northern-most of the three target areas. Almost all drill holes intersected one or more, near-surface mineralized quartz veins with up to 4.57 m averaging 2.40 g/t Au in TT-9 and 9.14 m averaging 1.39 g/t Au in hole TT-11. The recent drilling and mapping program has confirmed the presence of a regional low-angle thrust plane (shear zone) controlling the Triple T gold mineralization over a strike length of up to 5 kilometers and possibly further on under cover rocks. The North Target area now measures 250 by 400 meters and remains open north and south as well as down-dip to the east. With the confirmation that gold mineralization is expanding underneath the carbonate unit to the east (Upper Limestone), NV Gold is planning geophysical (Induced Polarization (IP)) investigations to reveal potentially larger erosion-protected targets along this promising structural gold-corridor. Duyuru • Aug 10
Anchor Minerals, Inc. acquired Sandy Gold Project in Lyon County, Nevada from NV Gold Corporation (TSXV:NVX). Anchor Minerals, Inc. acquired Sandy Gold Project in Lyon County, Nevada from NV Gold Corporation (TSXV:NVX) on August 1, 2023. The consideration was in cash while retaining a 1.5% NSR or an equivalent production royalty.Anchor Minerals, Inc. completed the acquisition of Sandy Gold Project in Lyon County, Nevada from NV Gold Corporation (TSXV:NVX) on August 1, 2023. Duyuru • Jun 20
NV Gold Corporation Announces Completion of its Drill Program at the Triple T Gold Project in Nevada NV Gold Corporation announced the completion of its 720-meter drilling program (the "Drilling Program") on its 100%-owned Triple T Project in Nevada as previously announced January 25th, 2023. The completion of this Reverse Circulation drilling represents the continuation of its recent work to expand and confirm mineralization first identified in wide-spaced drilling by the Company in 2009. Highlights of the recent drilling include: 720 metres of Reverse Circulation drilled in 14 shallow drill-holes in three target areas; Intersection of several near-surface mineralized quartz veins; Confirmation of low-angle thrust plane and identification of controls of mineralization; North Target area now measures 200 by 500 meters and remains open to the north and south as well as down-dip to the east. Duyuru • Jun 08
NV Gold Corporation Announces Exploration Target at its SW Pipe Gold Project of Up to ~70,000 Near Surface Oxide Gold Ounces NV Gold Corporation provided an exploration update for the Company's 100%-owned SW Pipe Gold Project located in Lander County, approximately 6 km (3.7 miles) southwest of the Pipeline Gold Mine in the central Cortez gold belt of north-central Nevada. The environmental update has identified an estimated exploration target (the "Exploration Target") of 35,000 - 70,000 oxide ounces of gold. Exploration Target potential grades and tonnages, with the potential tonnage and grade using a maximum and minimum of 20% increase/decrease to allow for uncertainty. Exploration Target Summary: NV Gold's SW Pipe project is about 6 km (3.7mile) southwest of the Pipeline/Gold Acres/Robertson Battle Mountain-Cortez Trend complex. The SW Pipe project has near surface oxide gold mineralization hosted in sandstone, chert, shaly siltstone, greenstone, and slate rock types. Past reports describe these rocks as assumed to be a part of the western facies associated with the Roberts Mountain Thrust. There have been at least 7 historical drilling programs, resulting in 49 reverse circulation drill holes available for use in modeling. Based on drill holes with Au assay values available, there is not presently sufficient drilling density to calculate an Inferred Resource. The data currently available does provide an exploration target that contains between 5 and 6 million tons, with grades ranging from 0.25 to 0.40 g/t. The target has been developed on 2d sections 70 meters apart, using the mean grade of each intercept, and a range of+/- 25%. Density values ranged from 2.45 g/cm3 to 2.55 g/cm3, though at the nearby Battle Mountain trend gold deposits, values mentioned can range from 1.27 g/cm3 to 3.45 g/cm3. This exploration target contains 26 mineralized zones at least 3 meters downhole, in a zone at least 1.3km in a northwest-southeast trend, and 0.6km wide. Duyuru • Feb 08
NV Gold Corporation Announces Approval of the Notice of Intent for Its Drill Program on the Sw Pipe Project in Nevada NV Gold Corporation has received the approval of the Notice of Intent ("NOI") for the Company's SW Pipe Gold Project in Lander County, Nevada ("SW Pipe"). The U.S. Department of the Interior'sBureau of Land Management ("BLM") has reviewed the NOI and determined it is complete, containing all the information required by the surface management regulations at 43 CFR 3809.30. The BLM has reviewed the proposed operation and determined that it is adequate to proceed. About the SW Pipe Gold Project: SW Pipe is located in Lander County, approximately 6 km (3.7 miles) southwest of the world-class Pipeline gold mine in the central Cortez gold belt of north-central Nevada. SW Pipe has 84 unpatented mining claims and is 100%-owned by NV Gold. Historical drilling established a near-surface, oxide-gold zone characterized by multiple intercepts of 15 m+ @ 0.5-1.0 g/t Au (see Company's press releases dated October 26, 2022, and December 14, 2022). After the evaluation and analyses of two extensive geochemical surveys and the recent approval of the NOI, the Company intends to proceed and commence drill-testing for a potentially significant Carlin-type gold deposit on SW Pipe in First Quarter of 2023, subject to capital and drill rig availability. Duyuru • Jan 26
NV Gold Corporation Outlines its Planned 2023 Drill Priorities and Exploration Activities NV Gold Corporation provided an exploration activity update for 2023, outlining its drill priorities and early-stage project evaluation. Of the Company's seven active projects in Nevada, NV Gold intends to prioritize three projects: (1) SW Pipe Gold Project ("SW Pipe"); (2) Slumber Gold Project ("Slumber"); and (3) Triple T Gold Project ("Triple T"), subject to capital availability. In addition, the Company plans an intensive "boots on the ground" exploration campaign to evaluate over 30 new potentially prospective areas generated through its Data Library Project, a collaborative exercise conducted with GoldSpot Discoveries Corp. ("GoldSpot"), and recent land acquisitions, such as the Gold Bell and Teton projects in the Bell Mining District in Nevada. SW Pipe is located in Lander County, approximately 6 km (3.7 miles) southwest of the world-class Pipeline gold mine in the central Cortez gold belt of north- central Nevada. SW Pipe is comprised of 84 unpatented mining claims and is 100%-owned by NV Gold. Historical drilling established a near-surface, oxide- gold zone characterized by multiple intercepts of 15 m+ @ 0.5-1.0 g/t Au. After the evaluation and analyses of two extensive geochemical surveys, the Company recently submitted a notice of intent to drill-test a potentially multi-million-ounce Carlin-type gold deposit on the SW Pipe project in First Quarter of 2023. Duyuru • Dec 15
NV Gold Identifies Four Gold Targets Based on Positive Mercury Vapor Test Results At the Sw Pipe Gold Project NV Gold Corporation announce it has identified four gold targets based on positive mercury vapor test results and potentially Carlin-type gold targets at its 100%-owned SW Pipe Gold Project in Lander County, Nevada. The SW Pipe Gold Project is in Lander County approximately 6 km (3.7 miles) southwest of the world-class Pipeline gold mine (> 20 million ounces of gold) in the central Cortez gold belt of north-central Nevada. The Property, comprising 84 unpatented mining claims, is 100%-owned by NV Gold. Historical drilling established a near-surface, oxide-gold zone characterized by multiple intercepts of 15 m+ @ 0.5-1.0 g/t Au. The Company has recently finalized the analyses of an extensive mercury vapor survey on the Property. Modeling the results of 567 mercury vapor collector stations has identified four mercury vapor anomalies and target areas for a Carlin-type gold system on the Property, The "A-anomaly" confirmed mercury leakage along two interpreted faults and a dilation zone previously identified by mapping and an earlier conducted soil geochemistry survey, The "B-anomaly" reflects the known near-surface, oxide gold mineralization, which was established through numerous historical drilling campaigns. The "C- and D-anomalies" are new target zones which have never been drill-evaluated. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director John Kerr was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 11
NV Gold Corporation, Annual General Meeting, Feb 02, 2023 NV Gold Corporation, Annual General Meeting, Feb 02, 2023. Duyuru • Nov 02
NV Gold Corporation Identifies Five New Mercury Vapor Targets at the Slumber Gold Project at Humboldt County, Nevada NV Gold Corporation announced it has identified five new mercury vapor anomalies, all outside the known mineralized gold zone, at its 100% owned Slumber Gold Project in Humboldt County, Nevada. About the Slumber Gold Project: Three drill campaigns have been conducted between August 2019 and early 2022; 29 Reverse Circulation ("RC") holes have been completed, totaling 5,200.9 m (17,063.3 ft). The 2019-2022 exploration program encountered significant thicknesses of near-surface, low-grade-oxide gold distributed over an area of 800+ meters by 300+ meters with thicknesses of 100-150 meters. Notable drill intercepts, including 18.3 m @ 0.52 g/t Au in Hole SL-11, and SL-14, intersected 134.2m @ 0.14 g/t Au starting from the collar and was terminated in gold mineralization; most holes bottomed in gold mineralization. Drilling confirmed that a zone of "Resistivity," reflecting hematite bearing and slightly silicified rocks, correlates well with alteration and gold mineralization. The resistivity zone continues to be open and remains untested to the north and northeast. The Company has now demonstrated that Slumber hosts a low-grade bulk-tonnage, oxide-gold system, which remains open in multiple directions. Drilling remains widely spaced over this large area, with reasonable expectations of locating structural and lithologically favorable zones of potentially higher grade mineralization. A recently conducted mercury vapor survey has identified five new zones (A-E) with potential for concealed gold mineralization under gravel cover. Duyuru • Oct 28
NV Gold Corporation Identifies Strong Geochemical Anomaly from Recent Soil Sampling Program at its 100% Owned SW Pipe Gold Project in Lander County, Nevada NV Gold Corporation announced that it has identified a strong geochemical anomaly from a recent soil sampling program at its 100% owned SW Pipe Gold Project in Lander County, Nevada. About the SW Pipe Gold Property: Comprised of 84 unpatented mining claims covering a sediment-hosted gold system 6 km (3.7 miles) southwest of the Pipeline gold mine (> 20 million ounces of gold) in the central Cortez gold belt of north-central Nevada. Disseminated, Carlin-type gold mineralization covers at least 1.3 by 0.6 km. The Company's rock-chip assays reach 1.47 ppm Au, and historic shallow drilling in 1989 yielded intersections that include 0.442 g/t over 16.8 min 89-1, 0.654 g/t over 15.2 m in 89-2, 0.794 g/t over 9.2 m in 89-9, and 0.580 g/t over 18.3 m in 89-11. A total of 567 soil samples were collected on the Property and later modeled in MapInfo. The modeling shows a large and comprehensive zone of overlapping Carlin-type geochemical anomalies including Au, As, Sb, Hg, Tl, and Se, in the neighborhood and merging with a Magmatic Plume, which is defined by strong Pb, W, and Te. The Property has undergone various phases of historical drilling, but drill depths have been kept short in the past, mostly in the 100 m to 200 m range, and all historical reverse circulation (RC) holes were drilled outside of the newly defined target area. The historical drilling defined a decent-sized zone of near-surface, oxide-gold mineralization, possibly related and representing leakage of a deeper-seated gold system. The New Target is an interpreted dilational zone, at least half a kilometer wide and one kilometer long. The dilational zone is defined by two intersecting faults, the Filippini and Magmatic Plume Faults, which could have functioned as a fluid pathway allowing an uprising gold-rich metal brine to create the extensive geochemical anomalism. Results from a recently completed Mercury-vapor survey covering the same soil sampling area are still pending. Duyuru • Oct 12
NV Gold Announces the Approval of the Notice of Intent (NOI) for It's Triple T Gold Project in Nevada NV Gold Corporation announced that it has received the approval of the Notice of Intent (NOI) for the Company's Triple T Gold Project in Pershing County, Nevada ("Triple T"). Comprised of 41 claims and located in the Humboldt Range 9 kilometers (5.6 miles) east of the Rochester silver-gold operation and 42 kilometers (26.1 miles) southeast of the Florida Canyon gold mine. Formerly named Fisher Canyon, Triple T was initially drilled by Evolving Gold in 2007 and became NV Gold's principal exploration asset when the Company was formed in 2009. NV Gold started in May 2009 with geological reconnaissance, followed by several campaigns of surface rock and soil geochemistry sampling, and concluded with a drilling program in October 2009. Two principal zones of gold mineralization, the "South Area," and the "North Area," were identified by earlier exploration and drilling campaigns. A third zone of rock chip gold-anomalism, called the "Next Target," was never drilled. In June 2021, the Company signed a Lease Agreement (the "Agreement") providing NV Gold the right to lease an undivided 100% right, title, and interest in Triple T.The Company, guided by 3-D Leapfrog modelling, sees the opportunity to re-evaluate this comprehensive near-surface, oxide-gold potential with gold grades up to 11.7 g/t Au from rock chip sampling and open drill intercepts of 32 meters @ 0.73 g/t Au (Evolving Gold in 2007) and 16.8 meters @ 1.345 g/t Au (NV Gold in 2009), to improve and enhance the Property to a pre-discovery stage. The Company has recently received the approval of the Triple T "Notice of Intent (NOI)" for 10 additional RC (reverse circulation) holes and will commence with the drill site construction by the end of this month. Duyuru • Sep 09
NV Gold Corporation Announces Intended Plans for Its 2022-2023 Exploration Program and the Commencement of Drilling At Its Sandy Project NV Gold Corporation announced its intended plans for the 2022-2023 exploration and drilling program for its six high priority projects in Nevada. The Company has secured a drill rig and has initiated drilling at its Sandy Project. Additionally the Company is in the process of completing a detailed strategic analysis and field investigation of the 31 targets identified by Goldspot Discoveries Corp.'s ("Goldspot") review of NV Gold'sData Library using its proprietary AI technology. This review is intended to identify longer term prospective projects to continuously add to NV Gold's project pipeline. NV Gold holds one of the largest, most prolific land packages in Nevada, arguably the best gold mining jurisdiction in the World. Highlights of the exploration programs by project are as follows: Sandy: 2-4 Reverse Circulation holes for a total of 600 meters, Test significant IP anomaly on strike with successful drill hole intercepts, Start Date: Early September 2022; Triple T: 10 Reverse Circulation holes for a total of 1,000 meters, Test for high-grade vein mineralization and disseminated oxides, Start Date: Early/Mid- October 2022; Pickhandle: 3 Reverse Circulation holes for a total of 350 meters, Test for sediment/carbonate mineralization, Start Date: Late October 2022; Spanish Canyon: 3 Reverse Circulation holes for a total of ~350 meters, Test for sediment/carbonate mineralization, Start Date: Mid-November 2022. Discovery Bay: 2 Reverse Circulation holes for a total of ~600 meters, Test Southern two targets (high chargeability and Hg anomalies), Start Date: ~Q1 2023; Slumber: 2 Diamond Core holes for a total of ~500 meters, 2 Reverse Circulation holes for a total of ~400 meters, Confirm Reverse Circulation bias (if any); test system depth and northern high-grade potential, Start Date: First Quarter 2023. Board Change • Jun 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director John Kerr was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 24
NV Gold Receives Confirmation Announces an Update on Its Active Projects in Nevada, USA NV Gold Corporation announced an update on its active projects in Nevada, USA. Q4/Q1-2021/22 drill program at Slumber has currently completed ten reverse circulation drill holes totaling approximately 2012 meters. Two RC and two core holes remain to be drilled during the current program. Results have been received for the first five holes. These holes have encountered significant thicknesses of low-grade oxide gold mineralization, distributed over an area over 800+ meters by 300+ meters with thicknesses in excess of 100-150 meters. Most the holes bottomed in gold mineralization, depth-limited by ongoing equipment challenges and ground water. Slumber is now demonstrated to be a significant low-grade gold system, open in all directions, especially down-dip. Importantly, the current drilling program has confirmed the low-resistor zones from CSAMT work are indeed mineralized (Refer to press release on Sept. 7th, 2021). These low-resistor zones reflect hydrothermally brecciated and intensely silicified volcanics with consistent gold values. As reported previously, the Slumber mineralization is largely obscured by recent gravels, making surface sampling and mapping largely ineffective. Consequently, NVX has recently completed an IP/Resistivity and is undertaking Mercury-vapor and biochemistry surveys over the target area to assist in further target definition (stated Thomas Klein, VP Exploration, NV Gold). The Company has also performed a preliminary cyanide solubility test on ten, widely distributed drill intervals with very encouraging results demonstrating high initial recoveries (+95%). The balance of this drill campaign is now focused on testing the deeper parts of the Slumber system, further examining areas illuminated by the recent IP/Resistivity work. The current drilling further confirms the correlation of the alteration and mineralization to the low resistor zone identified by last year's CSAMT work. While this alteration appears promising for gold mineralization, values are expected to remain in the lower range as continue to improve definition of the gold system and sharpen the subsequent targeting of feeder zones. Further results from this program are expected to be received in late March or early April, again depending upon laboratory constraints related to COVID and staffing. The Company continues its focus on Nevada and the Great Basin, one of the largest and most productive gold provinces in the world. On a regional-scale, Nevada is thought by many to be athoroughly explored gold province. Much of the near surface gold that has been found over the past 40 years has already been mined or is being mined today. To find significant new deposits, the successful explorer needs to employ modern, more sensitive sampling and interpretive techniques and a willingness to take risks with the drill. The breadth of experience of staff and advisors gives its advantage. Over 50% of Nevada is covered by recent basin sediments or volcanic cover, which often obscures the classic, visible expressions of mineralization. These covered areas are composed of the same rocks with the same temporal placement as the gold deposits found in the nearby ranges. There is a strong likelihood that other, similar-sized deposits await discovery! Significant discovery potential continues to remain in one of the pre-eminent gold provinces on Earth. The Company has a strong property position with over 20 projects, ranging from Greenfields to advanced "pre-discovery". company property portfolio covers a number of geologic environments at varying levels of advancement. Holding costs for most of these properties are minimal, particularly those that are held as joint venture or lease-out possibilities. It is plan to drill 4-6 projects in the 12-18-month time horizon, providing a good news flow and multiple opportunities for success. look forward to a productive and successful exploration season ahead. Duyuru • Oct 01
NV Gold Corporation Completes Induced Polarization (IP) Survey at Sandy NV Gold Corporation announced that the company has completed its IP Survey at its 100% owned Sandy Gold Project ("Sandy"), located within the Walker Lane, Lyon County, Nevada, USA. The Company's objective was to delineate sulfide concentrations via the chargeability and lithologies /alteration via the resistivity. The IP Survey results have led to the Company identifying various untested, potentially altered, and mineralized new targets to be drill-tested first quarter of 2022. The IP survey delineates lithologies, structures and alteration over two specific areas within the Sandy property. Numerous areas of sulfide concentration are also interpreted, which do not exhibit strong lithologic controls, but locations of hydrothermal alteration proximal to feeder structures. Vein responses are noted on Lines 4 through 6, and 18 and 19 along a prominent structural zone traversing the southwest and northeast borders of both survey blocks. This zone also correlates with moderate to high chargeability anomalies. A low resistivity feeder to the silica cap on Line 18 is also interpreted. Drill testing of the various targets will be conducted first quarter of 2022 following a complete technical review to include integration of the IP results with all other of the property data. Duyuru • Aug 27
NV Gold Corporation Commenced IP Survey at Its Sandy Gold Project in Nevada NV Gold Corporation announced that the Company has initiated its planned IP Survey at its 100%- owned Sandy Gold Project, located within the Walker Lane, Lyon County, Nevada, USA. Combined with the Leapfrog modelling and detailed mapping earlier in the 3 rd Quarter, the outcome of the IP Survey will be used for better target definition to guide a 2 nd Phase drilling program projected for the 1st Quarter of 2022 or earlier depending on equipment availability. Hydrothermal alteration at Sandy is predominantly clay to silica-clay alteration in the Southwest Zone, mostly seen as float around epithermal quartz vein pieces, while stronger silicification forms ridgelines and broader structural zones in the upper Northeast Zone. Very white clay, possibly illite, is interpreted in the strongest silica-clay altered zones, both in the Southwest and Northeast Zones. The alteration is consistent with low sulfidation vein alteration and looks to be clay alteration developed on the margins or above epithermal veins. Based on the size, elevation range, zonation and apparent geometry of the alteration, the Northeast Zone could be an altered cap overlying a preserved epithermal vein system. Duyuru • Jun 25
NV Gold Identifies Large Epithermal Gold System at the Sandy Gold Project in Nevada NV Gold Corporation announced that the Company has received all assays from its expanded reverse circulation ("RC") drill program at its 100% owned Sandy Gold Project ("Sandy"), located within the Walker Lane, Lyon County, Nevada, USA. The expanded program was comprised of 17 RC drill holes totaling 3,811 m (12,505 ft). This project was generated through a historical data review in 2020. A Phase 1 Maiden Drill Program was undertaken in early 2021 to test near surface targets with rock chip assays of better than 1 gram gold and to broadly evaluate the property for a potentially economic gold system. Duyuru • Jun 02
NV Gold Corporation Announces Commencement of 2021 Exploration Season with its Upcoming Drill Program at its Slumber Gold Project NV Gold Corporation announced its upcoming Phase 3 drill program at its 100% controlled Slumber Gold Project ("Slumber"), located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. Phase 3 Slumber Gold Project Drill Program Highlights: The drill program will consist of approximately 8 reverse circulation ("RC") drill holes, totaling up to 1,500 m (4,920 ft). Each RC drill hole will target near surface oxide gold mineralization to determine extent of the interpreted 600m x 300m near surface zone, and to also test two additional parallel structures identified by recent stream sediment and rock chip sampling. During Phase 2, the oxidized and silicified rhyolite mineralization intersected correlated well with the resistive blanket identified in a previously completed geophysical CSAMT survey. With the project currently fully permitted, the drill program is expected to commence by July 2021, when the RC drill rig is mobilized to site. Duyuru • May 27
NV Gold Corporation announced that it has received CAD 3 million in funding from Crescat Portfolio Management LLC and other investors On May 26, 2021, NV Gold Corporation (TSXV:NVX) closed the transaction. No finders fess was paid in the transaction. The returning investor Crescat Portfolio Management LLC subscribed for 2,000,000 units in the transaction. The investors hold approximately 11.63% of the issued shares and 16.6 % of the issued shares of on diluted basis in the company. Duyuru • May 21
NV Gold Corporation Identifies New Near-Surface Gold Mineralizing System at Slumber NV Gold Corporation has received all assays of the Phase 2 drill program at its 100% controlled Slumber Gold Project ("Slumber") located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. The drill program was comprised of 9 reverse circulation ("RC") drill holes, totaling 1,859 m (6,100 ft). Key Highlights from Phase 2 Drill Program at Slumber Gold Project: Drilling has outlined a new 600 meter-wide mineralized oxide gold zone close to surface with notable drill intercepts, including a very encouraging 18.3 m @ 0.52 g/t Au beginning at 48.7 m in Hole SL-11, and hosted in an oxidized and silicified rhyolite which correlates with a resistive blanket as seen in CSAMT data. Another hole, SL-14, intersected 134.2m @ 0.14 g/t Au starting from surface; The near surface oxidized gold intersection is of signficance noting Argonaut Gold (U.S.) Corp.'s Florida Canyon Gold Mine, down the highway from Slumber, is in operation with reserves grading 0.43 g/t Au; This newly discovered zone is separate from that discovered during the 2019 drill program, and will be prioritized for follow up work in 2021; Recent stream sediment and rock chip sampling has identified two additional parallel structures which remain untested; The source of the mineralized resistive blanket is believed to be higher grade feeder structures at depth; As previously reported, due to unexpected high volumes of ground water, priority targets in drill holes SL-9, SL-10, SL-13, SL-14, SL-15 and SL-16 were not adequately tested, due to the holes being terminated short of planned depth; The primary CSAMT-interpreted targets, where NV Gold was targeting a potential "Sleeper-type" gold system at Slumber, remain untested. Recent Insider Transactions • May 13
Insider recently sold CA$118k worth of stock On the 6th of May, Eric Sprott sold around 363k shares on-market at roughly CA$0.32 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$278k more than they bought in the last 12 months. Duyuru • May 06
NV Gold Corporation announced that it expects to receive CAD 3 million in funding from Crescat Portfolio Management LLC and other investors NV Gold Corporation (TSXV:NVX) announced non-brokered private placement of 12,000,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 3,000,000 on May 5, 2021. The transaction will include participation from both new European and North American investors along with existing investors including Crescat Portfolio Management LLC. Each unit consists of one common share and one warrant exercisable at CAD 0.40 per share for 36 months from issuance. Closing of the transaction is conditional on acceptance of the TSX Venture Exchange. Is New 90 Day High Low • Mar 04
New 90-day high: CA$0.33 The company is up 18% from its price of CA$0.28 on 03 December 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. Duyuru • Mar 04
NV Gold Corporation Completes Expanded Reverse Circulation Drill Program at its Sandy Gold Project Within the Walker Lane, Lyon County, Nevada, USA NV Gold Corporation has completed its expanded reverse circulation (‘RC’) drill program at its 100% owned Sandy Gold Project (‘Sandy’), located within the Walker Lane, Lyon County, Nevada, USA. The expanded program was comprised of 17 RC drill holes totaling 3,811 m (12,505 ft), or an approximate 150% increase from the originally planned 1,500 m. All samples have now been delivered to the assay laboratory and are awaiting assay. As previously stated in the news release dated February 9th, 2021, the Company believes that drilling has encountered a large epithermal gold system defined by extensive argillic to propylitic alteration with intervals of moderate to intense quartz and pyrite veining. Some of the quartz vein intercepts from the current drill program have measured up to 30 m (100 ft) wide. Quartz vein cuttings often display multi-phase brecciation, a sign of boiling in the system, a good indicator for potential high-grade mineralization. Most of NV Gold's drill holes have far exceeded the depth of historical drilling conducted in 1993. Based on the expanded drill program, the newly identified mineralized vein system now has a strike length of at least 2.4-kilometer (1.5 miles) and is hosted by a thick andesite volcanic package. Some of the underlying shaly basement rocks continued to show visual evidence of veining and alteration. Most of the property remains undrilled, and the system remains open at depth and in adjacent areas under late volcanic cover. Duyuru • Feb 10
NV Gold Doubles Size of Current Drill Program Samples Up to 18.1 g/t Gold At Surface At the Sandy Gold Project NV Gold Corporation announced that based on positive visual indications, it is increasing its current reverse circulation ("RC") drill program at its 100% owned Sandy Gold Project ("Sandy"), located within the Walker Lane, Lyon County, Nevada, USA to approximately 3,100 m from the originally planned 1,500 m. In addition, the company has received positive results up to 18.1 g/t gold in rock grab samples from recent a surface sampling program. RC drilling at NV Gold Corporation's Sandy Gold Project in the Walker Lane, 15 kilometers east of Dayton within the wider Comstock Mine district, is in progress with 11 RC drill holes encompassing 2,671 m (8,765 feet) completed to date. Many samples have been delivered to the assay laboratory and are awaiting assay, and labs currently are on a 90-day turn around for receipt. After review of the RC drill chips, the Company believes that drilling has encountered a large epithermal gold system defined by extensive argillic to propylitic alteration with intervals of moderate to intense quartz and pyrite veining. Some of the quartz vein intercepts from the current drill program have measured up to 30 m (100 ft) wide. Quartz vein cuttings often display multi-phase brecciation, a sign of boiling in the system, a good indicator for potential high-grade mineralization. Most of NV Gold's drill holes have far exceeded the depth of historical drilling conducted in 1993. Thus far, the newly identified mineralized vein system has a strike length of over 800 m,
and is hosted by a thick andesite volcanic package. Some of the underlying shaly basement rocks also showed visual evidence of veining and hydrothermal fluid flow. The alteration footprint at the surface has a strike length of 2,400 m and a width of approximately 300 to 500 m. Most of the property remains undrilled, and the system remains open at depth and under late volcanic cover. A small surface rock chip sampling program completed at the Sandy Gold Project yielded positive gold values from anomalous to high grade. Of note, three samples yielded 11.3 g/t Au and 11.6 g/t Ag, 11.5 g/t Au and 14.1 g/t Ag, and 18.1 g/t Au and 43.2 g/t Ag. Is New 90 Day High Low • Jan 23
New 90-day low: CA$0.23 The company is down 34% from its price of CA$0.35 on 23 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period. Duyuru • Jan 08
NV Gold Corporation Completes Drilling At the Slumber Gold Project and Commences Drilling At the Sandy Gold Project NV Gold Corporation announced that the Phase 2 drill program is complete at its 100% controlled Slumber Gold Project located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. The drill program was comprised of 9 reverse circulation ("RC") drill holes, totaling 1,859 m (6,100 ft). Samples have been dispatched to the laboratory, and assays are pending. Based on extreme laboratory backlogs, results are not anticipated until at least late February. The same drill rig has recently been mobilized and commenced drilling at the Company's 100% owned Sandy Gold Project located within the Walker Lane, Lyon County, Nevada, USA. NV Gold's first drill program at Sandy will encompass up to 1,500 m in up to 10 RC drill holes. Phase 2 drilling at Slumber has successfully expanded the footprint of epithermal alteration and quartz-veining in host rhyolite tuffs. Interpretation of RC chips indicates the presence of a mineralizing system with a strike length of approximately 1,000 meters and a width of 200 meters that is open in nearly all directions, and especially, at depth. Due to unexpected high-volume of ground water return, some drill holes terminated short of planned depth leaving several primary CSAMT-interpreted targets partially tested or untested. NV Gold is targeting a potential "Sleeper-type" gold system at Slumber. NV Gold's technical team will evaluate incoming assays in upcoming weeks to assist in designing a Phase 3, 2021, drill program utilizing RC and diamond core to overcome groundwater issues. Is New 90 Day High Low • Dec 31
New 90-day low: CA$0.24 The company is down 27% from its price of CA$0.33 on 01 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 3.0% over the same period. Duyuru • Dec 19
NV Gold Commences Drilling at Slumber Gold Project and Terminates Option on Exodus Gold Project NV Gold Corporation announced that drilling is now underway at the 100% controlled and fully permitted Slumber Gold Project ("Slumber") located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. Drilling at Slumber will encompass up to 2,500 m in up to 10 RC drill holes. In addition, the Company has completed its geological review of the Exodus Gold Project in British Columbia and decided to terminate its option to acquire an interest in it. NV Gold completed a due diligence review of the Exodus property from August through October 2020. The project was re-interpreted from an orogenic lode gold target to a distal mineral gold occurrence that was small, discontinuous and likely related to localized intrusions. The extensive glacial till cover, proximity to nearby main tributaries and farmland and also not being able to form an Early Engagement Agreement with the local First-Nations group limited further property exploration. The Company has determined that, based on its interpretation of the size of the system and the lack of any material results from NV Gold's exploration to-date, the Exodus Gold Project does not merit further expenditure under the terms of the current option agreement. The deal structure of the Exodus property option ensured that a preliminary geological review could be completed with minimal initial cash and share payments to the property vendors during the first six month option period. Is New 90 Day High Low • Nov 25
New 90-day low: CA$0.26 The company is down 32% from its price of CA$0.38 on 26 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 13% over the same period. Duyuru • Nov 19
NV Gold Corporation, Annual General Meeting, Jan 20, 2021 NV Gold Corporation, Annual General Meeting, Jan 20, 2021. Duyuru • Oct 30
NV Gold Corporation Appoints Thomas Klein as Manager Exploration - Nevada NV Gold Corporation announced the appointment of Mr. Thomas Klein as Manager Exploration - Nevada. Mr. Klein recently held the position of senior consulting geologist at Newmont Corporation since 2012 in Nevada, and will now join the Company's existing Nevada technical team consisting of NV Gold Directors Dr. Quinton Hennigh, Dr. Odin Christensen, and Chairman John Watson. Duyuru • Sep 30
NV Gold Corporation Receives Necessary Drill Approvals for Its 100% Owned Sandy Gold Project Located Within the Walker Lane, Lyon County, Nevada, USA NV Gold Corporation announced it has received necessary drill approvals for its 100% owned Sandy Gold Project ("Sandy") located within the Walker Lane, Lyon County, Nevada, USA. NV Gold's first drill program at Sandy encompasses up to 1,500 m in up to 10 drill holes. A property-wide geophysical program was recently completed consisting of 198 line-kms of electromagnetic (resistivity and conductivity), magnetic, and radiometric surveys. Raw data is currently being analyzed by senior geophysicists from Goldspot Discoveries Corp. and will assist in delineating high priority drill targets testing this low-sulphidation epithermal gold system. About the Sandy Gold Project: 20 unpatented lode claims encompassing approximately 400 acres acquired for minimal staking costs in 2019 utilizing NV Gold's internal geological database. Strategically within a highly prospective low sulfidation epithermal gold district located in Lyon County, Nevada, USA. Staked prior to and now surrounded by the Hercules Gold Project claim block controlled by Eclipse Gold Mining (TSXV: EGLD). Eclipse Gold Mining has raised approximately $20 million to explore and advance its Hercules Project. Originally explored in 1993-1994 through work including geologic mapping, rock-chip and soil sampling, and drilling. Duyuru • Sep 23
NV Gold Corporation Highlights Positive CSAMT Geophysical Results and Expedites Permitting for Fall Drill Program at its Slumber Gold Project in Nevada NV Gold Corporation presented its interpreted results from a controlled source audio-magnetotelluric geophysical survey completed in early September 2020 at its Slumber Gold Project in Nevada. NV Gold is expediting permitting of a fall exploration drill program to test some compelling targets that have emerged. Highlights of Slumber Gold Project and Recent CSAMT Geophysical Program: Preliminary 2019 exploration drill program identified a potentially large, buried gold-bearing hot spring system. Newly acquired CSAMT survey data compliment earlier gravity and ground magnetic geophysical data as well as drilling results from late 2019. CSAMT survey identifies multiple high priority drill targets thought to be associated with the hydrothermal plumbing of the hot spring system. NV Gold now interprets that its 2019 drill holes stopped short of these newly identified high priority targets. NV Gold is expediting permitting for a 2020 Fall exploration drill program to test a series of structural targets under areas drilled in 2019. About Slumber Gold Project: The Slumber Gold Project covers an area about 3.9 square kilometers comprised of 55 unpatented lode mining claims owned by the company and 5 unpatented lode mining claims leased from a third party. Important geologic features observed at Slumber include outcrops of chalcedony-cemented conglomerate and sandstone with textures consistent with sinter-cemented sediment overlying modern geothermal systems and with outcrops found over other epithermal mineral systems. These rocks display elevated concentrations of gold and pathfinder elements. Chalcedony-cemented conglomerate overlies a stratigraphic section comprised of Tertiary rhyolite tuff and tuffaceous sedimentary rocks that infill a northeast-trending graben and unconformably overlie pre-Tertiary basement rocks. Previous exploration drilling (1985-93), focused on shallow bulk-minable gold mineralization, consisted of 15 shallow (average depth 115 m) vertical reverse-circulation holes drilled on or near these silicified outcrops. Seven of fifteen holes contained anomalous gold intercepts of 0.3 g Au/t over thicknesses ranging from 2-32 m. In 2019, NV Gold completed an initial 7-hole, 1,091 m drill test of the Slumber Gold Project. The drill program was driven by surface geological evidence and available geophysical information. The program encountered anomalous gold mineralization in four of the seven holes. The most notable intercept was a 39.6 m interval grading 0.34 g Au/t and 1.3 g Ag/t beginning at 36.6 m down hole, including 22.8 m grading 0.47 g Au/t and 1.6 g Ag/t beginning at 53.4 m down hole encountered in hole SL-02. Hole SL-01, situated approximately 450 m northeast of hole SL-02, encountered five mineralized intervals from surface to 167.7 m. Mineralization remained open in all directions around these holes. Encouraged by the results of the initial 2019 drill program, NV Gold contracted a CSAMT survey of the project area to assist in drill targeting at depth. Zonge International of Reno, Nevada, performed the CSAMT (controlled source audio- magnetotelluric) survey on the Slumber Gold Project area in September 2020. The survey was completed with data acquisition along 6 lines, each 1000 m in length, spaced at 200 m apart, with a station-spacing along lines of 25 m. The data quality was considered to be of good to excellent quality. The CSAMT survey data complements the known gravity, ground magnetic geophysical surveys, and drilling conducted in late 2019. Subsequently, Thomas V Weiss and Associates Inc. of Centennial, Colorado, was engaged to complete a comprehensive geophysical interpretation incorporating the gravity, ground magnetic and CSAMT geophysical datasets. Results of the three surveys provided extensive complementary information to generate the cross section maps of the Slumber Gold Project area geology at depth. The ground magnetic survey highlighted an elliptical area of low magnetic response, and was interpreted to be due to magnetite-destructive hydrothermal alteration. The form of the magnetic anomaly suggests a central area of dilation within a larger zone of structural deformation. High-grade ore shoots in epithermal deposits frequently are concentrated in dilatant zones along faults. This zone is now a priority exploration target. Interpretation of the new CSAMT data highlights several high-angle high-resistivity zones within a north-northeast-oriented focus area generally coincident with the area of reduced magnetic response. Such high-resistivity zones, surrounded by zones of greater conductivity, are a key feature characteristic of epithermal veins. These relationships are illustrated on one representative geophysical cross-section. Similar features are present on five of the six CSAMT lines. When compared to past drilling, the new model suggests that past drilling, primarily targeted by surface geologic features, did not test deep enough. Based upon the integrated interpretation of the known geology and geophysics, the NV Gold technical team and Board Directors, consisting of Dr. Quinton Hennigh and Dr. Odin Christensen, are finalizing the fall drill program to test the potential identified deeper targets. The planned exploration drill program will initially include up to eight RC drill holes, all to target a minimum depth of at least 300 m for a total program of approximately 2,400 m. Permitting for the drilling program is in progress, with a potential start date during the fall of 2020. Duyuru • Sep 17
NV Gold Corporation Completes Geophysical Surveys at Slumber and Sandy Gold Projects in Nevada NV Gold Corporation announced 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 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 programs will be developed to test for potential high-grade feeder structures at depth commencing later in the fall of 2020. Duyuru • Aug 30
NV Gold Corporation announced that it has received CAD 3.000209 million in funding from Crescat Portfolio Management LLC On August 24, 2020, NV Gold Corporation (TSXV:NVX) closed the transaction. The company sold 9,375,625 units for gross proceeds of CAD 3,000,209 in the transaction. The transaction included participation from 64 placees, Pro Group Involvement including 2 Placees for 150,000 units and returning investor Crescat Portfolio Management LLC for 3,125,000 units. The company paid finders of totaling CAD 73,908.80 and issued 230,965 finder’s warrants in respect of transaction. Haywood Securities Inc. received CAD 2,508.80 and 7,840 non-transferable warrants, PI Financial Corp. received CAD 1,568.00 and 4,900 non-transferable warrants, Echelon Wealth Partners Inc. received CAD 2,240.00 and 7,000 non-transferable warrants, and Canaccord Genuity Corp. received CAD 67,592.00 and 211,225 non-transferable warrants. Each finders warrant is exercisable for one share at a price of CAD 0.40 for 24 months. All securities issued in the transaction are subject to a hold period which expires on December 21, 2020. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Duyuru • Aug 06
NV Gold Corporation announced that it expects to receive CAD 3 million in funding NV Gold Corporation (TSXV:NVX) announced a non-brokered private placement of up to 9,375,000 units at a price of CAD 0.32 per unit for gross proceeds of up to CAD 3,000,000 on August 4, 2020. Each unit consists of one share and one-half of one share purchase warrant exercisable at CAD 0.40 per share for 24 months from issue of the units. A finder’s fee is payable on subscriptions by certain subscribers of 7% of the cash proceeds paid by such subscribers and warrants to purchase 7% of the number shares issuable to such subscribers in respect of their subscriptions for units. The transaction is subject to approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period from the date of issue in accordance with applicable securities laws.