NVX NV Gold Corporation

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NV Gold Corporation (TSX VENTURE:NVX) (the "Company" or "NVX") is pleased to
announce it has received the necessary permits to begin its first drill program
at the Rattlesnake Hills Project ("Rattlesnake"), which is held under an option
to purchase a 100% interest from Evolving Gold Corp. ("EVG"). Drilling is
expected to begin by August 6, 2014. The purpose of the drilling program is to
explore two identified targets of mineralization, outside the previously
explored core area.


The drilling program is expected to consist of 12 to 16 reverse-circulation
rotary (RC) drill holes for a total of between 1,600 and 2,000 meters. Two
targets are planned to be tested, Blackjack and Baldy (Bald Mountain). Both
targets are distal to the previous discoveries at North Stock and Antelope
Basin, with the Baldy target lying about 4 kilometers to the northwest of North
Stock and Blackjack approximately 8 kilometers to the west. Previous work at
Rattlesnake has almost entirely been centered on the two discoveries, with
little drilling outside this core area. The Rattlesnake land position is
substantial, totaling almost 54 square kilometers, most of which remains
under-explored.


The drilling will be primarily shallow holes (100-200 meters) to test
well-defined rock chip and soil gold anomalies.


With the commencement of drilling, the Company is terminating the offering of
Units it announced on July 10, 2014, having raised Cdn$402,700 to fund this
exploration program, property maintenance costs and general corporate
expenditures.


Baldy Target 

The Baldy target was initially recognized by Newmont Mining, operating under a
joint venture with Canyon Resources in the mid-1990s. No follow-up work or
drilling was performed at that time. EVG did additional sampling in 2010 and
2011, but again, no drilling was undertaken. NVX completed more detailed
sampling this year, which was quite encouraging. 


Although there is little actual outcrop at Baldy, soil cover is shallow and
float samples reveal very exciting mineralization on the surface. The
mineralized float has been sampled over an area of approximately 100 meters by
100 meters, but is obscured by recent sediments to the north and east. The
observed mineralization differs from that present at North Stock and Antelope
Basin as mineralization is hosted in a coarse, Cambrian-age sandstone in
proximity to a phonolite intrusive body. Gold, silver and copper values sampled
to date have ranged up to +30g Au, +2,000g Ag and +6% Cu. The Company wishes to
caution readers that, since the samples are all float samples, it is not
possible to correlate volume, true widths or grades from the information
collected. Six to eight holes are planned in this area, totaling approximately
500-600 meters.


Blackjack Target

The Blackjack Target is a large gold anomaly that straddles a regional-scale
east-west normal fault. A volcanic breccia thought to be a vent breccia borders
the fault to the south, with Precambrian granites and gneisses to the north.
Although soil and rock chip results are strongest in the brecciated volcanic
rocks on the south, the Precambrian units also show evidence of potassic
alteration and gold mineralization.


The initial drilling at Blackjack will be mostly confined to the volcanics south
of the North Granite Mountain fault. In this area, 6-9 holes are planned
totaling 1,200-1,400 meters. 


The anomaly identified at Blackjack is large, measuring approximately 300 m x
450 m, making it larger than the anomaly measured at North Stock prior to its
first drill holes. A soil grid covering and area of 2,000 m x 1,500 m was
completed by Agnico Eagle Mines Limited in 2011 that confirmed the presence of
this anomaly, but no drilling was performed. NVX drilling in 2014 will be the
first drill test of the target.


NVX President and CEO, John Watson, commented, "Although there has been over
70,000 meters of DDH drilling on Rattlesnake to date, very few holes have been
attempted outside the two known gold zones. Baldy and Blackjack are distal to
these main zones and could provide support for the presence of a district-scale
gold system in the mold of other alkalic volcanic centers in the western US and
Canada."


Scientific and Technical Data

All scientific and technical information in this news release for the
Rattlesnake Hills Project has been reviewed and approved by Michael B. Ward,
P.Geo, who is a Qualified Person under the definitions established by Canadian
National Instrument 43-101. 


About the Rattlesnake Hills Project

Rattlesnake is located in Natrona County, Wyoming, USA. Recent drilling, since
2008, is comprised of 182 drill holes totaling 71,083m. Two deposits have thus
far been identified: North Stock and Antelope Basin. North Stock is about 400m
by 200m wide, trends north-northeast, and is open in selected areas at depth and
along strike. Mineralization has been drilled to as far as 500m below the
surface. Mineralization at Antelope Basin has been identified in an area of 200m
by 350m to a depth of at least 200m, trends northeast, and is open along strike.



Rattlesnake has been the subject of previous work by several operators,
including, most recently, EVG and Agnico-Eagle Mines Limited. The Rattlesnake
land package is comprised of 644 lode mining claims covering approximately 5,235
hectares and Wyoming State leases covering an additional 515 hectares.


Previous work by all operators on Rattlesnake is extensive, including 228 drill
holes (mostly core), totaling nearly 77,000 meters. Core from drilling in the
past six years has been retained by NVX in Casper, Wyoming. Additionally,
various surface and airborne surveys have been completed, along with extensive
surface work programs (e.g. mapping, soil sampling, chip sampling). To date, no
NI 43-101 compliant resource calculation has been completed on Rattlesnake.


Forward Looking Statements

This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements regarding the timing and
extent of the drilling program, whether Rattlesnake may be a district-scale gold
system in the mold of other alkalic volcanic centers in the western US and
Canada and other future plans and objectives of the Company are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Company's plans or expectations include regulatory issues, unforeseen drilling
challenges, geologic interpretations being disproved by drilling and other risks
detailed herein and from time to time in the filings made by the Company with
securities regulators. The Company disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new
information, future events or otherwise except as otherwise required by
applicable securities legislation.


On behalf of the Board of Directors,

John E. Watson, President and CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
John E. Watson
President and CEO
303.674.9400
john@watson-assoc.com
www.nvgoldcorp.com

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