NV Gold Corporation Reports Positive Rock Chip Samples Results up to 9.63 g/t Au from Triple T Gold Project

VANCOUVER, BC / ACCESSWIRE / September 11, 2023 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") is pleased to report 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 (see Figure 1).

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 (refer to press release from August 21^st, 2023). 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 (see Figure 3 & 4). These samples will help to extend the potential target area by a kilometer to the north of the recently drilled area, and a "New Zone" with gold values over 2 g/t has been identified southwest of it. NV Gold is planning to follow up on these encouraging gold values of up to 9.63 g/t Au (0.34 opt Au) and will further evaluate the gold mineralization of the New Zone. Future goals are to re-evaluate the full gold mineralization potential of this district-scale shear-zone-corridor, which includes the re-evaluation of the historical targets in the south (see Figure 2). An IP (Induced Polarization) geophysical survey is also planned to reveal potentially larger erosion-protected targets to the east.

Previously reported highlights:

• Assays from the recently conducted drilling program: 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.
• 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 underneath Upper Limestone to the east.

Foto: Accesswire

Figure 1: Triple T Gold Project General Location Map

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Figure 2: Triple T District and Targets

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Figure 3: Triple T Oxide Mineralization and Rock Chip Sample Results (>100 ppb Au)

Foto: Accesswire

Figure 4: Triple T North Area with new Rock Chip Sampling Results