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NV Gold Corp.

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Summary

Project:

Slumber

Deposit:Slumber
Location:United States
Commodities:Gold-Silver
Date:10/28/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-10-2019: NV Gold Corp. announces an Exploration/Drilling Update report for its Slumber deposit at the Slumber project. Drilling results incl. 39.6m @ 0.34g/t Au, 1.3g/t Ag from 36.6m. October 28, 2019 - Vancouver, British Columbia – NV Gold Corporation
Resources:x
CP/QP:[Overall Report]: Quinton Hennigh (Internal)
ABSTRACT:October 28, 2019 - Vancouver, British Columbia – NV Gold Corporation (TSXV: NVX; US: NVGLF) (“NV Gold” or the “Company”) is pleased to announce that four of seven holes encountered gold mineralization at its recently completed initial 7-hole, 1,091 m, reverse circulation (“RC”) drill program at its 100% controlled Slumber Gold Project, Nevada. “Our initial drill program at Slumber has identified a promising gold system. This blind target was identified by geophysics” commented Dr. Quinton Hennigh, Director of NV Gold. “ Anomalous mineralization encountered over significant lengths in holes SL-02 and SL-01, some 450 meters apart, suggests the presence of a large gold-bearing hydrothermal system in the sub-surface. Its characteristics exhibit similarities to several other highgrade mid-Miocene gold systems in the region. The Company plans further data review and more refined geophysical interpretation, to target potential high-grade structures that have given rise to the anomalous plume we have encountered in the recent drilling.

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