NevGold Corp. announced the Company's initial Mineral Resource Estimate for the Nutmeg Mountain gold project (the "Project", "Nutmeg Mountain") in southwest Idaho. Decreasing the cut-off grade from the base case of 0.30 g/t Au to 0.20 g/t Au, the Project has 1.13Mozs of Indicated Resources at 0.53 g/t Au, and 365kozs of Inferred Resources at 0.39 g/t Au.

Next steps: the Company plans to complete further drilling, metallurgical testwork, and an updated MRE to advance the Project to a Preliminary Economic Assessment.