Mr. John Watson reports

NV GOLD ANNOUNCES EXPANSION OF HOLDINGS AND DRILL PROGRAM AT THE SLUMBER GOLD PROJECT IN NEVADA

NV Gold Corp. has initiated a 5,000-metre (15,000-foot) reverse circulation drill program at its 100-per-cent-owned Slumber gold project located approximately 80.5 kilometres (50 miles) northwest of Winnemucca and 35 kilomeres (21.7 miles) west of the Sleeper gold deposit, Humboldt county, Nevada.

In addition, the company announces the completion of a mining and exploration lease covering approximately 1,500 acres of fee (private) land adjacent to the company's mining claims. This lease is located between and adjacent to the company's two drilling target areas at Awakening (north) and Slumber (south). The new lease area could potentially connect the previously reported gold zones. The drilling area encompasses a surface dimension of nearly three kilometres (approximately 10,000 feet) northeast to southwest and varies in width up to one kilometre (approximately 3,000 feet). Previous drilling has encountered mineralized thicknesses up to 175 metres (approximately 570 feet).

Premier Drilling, based in Elko, Nev., has been retained to carry out the reverse circulation drill program comprising 20 to 30 holes ranging in depth from 175 to 375 metres (approximately 550 to 1,200 feet) from surface. Targets for these drill holes have been designed to test potential new areas of gold mineralization derived from previous drilling results, combined with surface sampling and mapping. Drilling is schedulled to begin during the first week of September and is expected to last six to eight weeks.

Qualified person: The technical information in this document was reviewed, and approved by Jesse D. Wellman, CPG, an American Institute of professional Geologists certified professional geologist, and is a qualified person as defined in the National Instrument 43-101. Jesse D. Wellman, CPG, is a consulting economic geologist, and qualified person with over 20 years' experience in precious metals exploration, discovery and development. Mr. Wellman is a contract geologist working on NV Gold projects.

About the Slumber gold project

The property now comprises 120 lode mining claims and 1,500 acres of leased fee land. Slumber geology consists of volcanic-hosted epithermal gold (and low silver) mineralization found in a structural corridor along the southern Jackson Mountains. The gold system has been interpreted with graben-like structures controlling silicification and minor quartz veining in volcanic and sedimentary rocks. The main host rocks are of rhyolitic composition (Trf, Trx and Tra) underlain by fresh to weakly altered Paleozoic greenstone. Most of the gold mineralization occurs in extensively-oxidized, hematite breccias (Trf) and silicified lithic tuff zones (Trx). Gold values can increase when intercepted by quartz flooding and veining. Drilling has also encountered displaced decalcified, gold-bearing (up to 0.64 gram per tonne Au) carbonate rock in low-angle structures, suggesting additional potential within the area.

About NV Gold Corp.

NV Gold is a well-organized exploration company with approximately 32.4 million shares issued and no debt. NV Gold has numerous exploration projects in Nevada with has two priority projects -- Slumber and SW Pipe. The company is based in Vancouver, B.C., and Reno, Nev., and is focused on delivering value through mineral discoveries in Nevada, United States. Leveraging its expansive property portfolio, its highly experienced in-house technical team and its extensive geological data library, 2026 promises to be highly productive for NV Gold.

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