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South Grass Valley Drilling Update

Article content RENO, Nev., July 07, 2021 (GLOBE NEWSWIRE) Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to provide an update from its 2021 core drilling program at its South Grass Valley Carlin-type gold project. Summary: During May, the Company completed the first hole of the program, SGVC012, to a final depth of 1,405 metres, successfully sampling the lower-plate Clm unit that hosts NGE’s primary East Golden Gorge target. The targeted Clm unit in the bottom part of the hole contained some of the most intense Carlin-type alteration seen to date at the project (in many places being reduced to a sulphidic paste), which based on XRF analysis includes a 96-metre-thick interval containing highly anomalous Carlin-type pathfinders.

Press Release - MINING COM

Wednesday, July 7, 2021 4:37 PM PDT RENO, Nev., July 07, 2021 (GLOBE NEWSWIRE) Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to provide an update from its 2021 core drilling program at its South Grass Valley Carlin-type gold project. Summary: During May, the Company completed the first hole of the program, SGVC012, to a final depth of 1,405 metres, successfully sampling the lower-plate Clm unit that hosts NGE’s primary East Golden Gorge target. The targeted Clm unit in the bottom part of the hole contained some of the most intense Carlin-type alteration seen to date at the project (in many places being reduced to a sulphidic paste), which based on XRF analysis includes a 96-metre-thick interval containing highly anomalous Carlin-type pathfinders.

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