NV Gold Corporation announced an update on its Slumber project in Nevada, USA. The company Q4/Q1-2021/22 reverse circulation drill program at Slumber has been completed. Twelve (12) reverse circulation drill holes totaling approximately 2,350 meters (7,710 feet) have been drilled and sampled.

Results have been reported for the first five holes and the remaining seven holes are being submitted for assay. These final holes encountered longer thicknesses of silicified, oxide mineralization, distributed over an area in excess of 900 meters by 500+ meters, with drill-site RC chip logging having recorded thicknesses of 100- 150 meters or more of mineralized material. The last two (deepest) holes revealed mineralization to depths of nearly 300 meters.

The Company reports that Slumber has now been demonstrated to host a low-grade bulk-tonnage, oxide gold system, which remains open in multiple directions. Drilling is still very wide-spaced over this large area, with reasonable expectations of structural and stratigraphically favorable zones of higher grades yet to be encountered. The Company plans further work at Slumber to include both reverse-circulation and diamond core drilling.

A Plan of Operations is envisaged to allow for the larger program.