Mr. John Watson reports

NV GOLD ANNOUNCES COMMENCEMENT OF 2026 DRILL PROGRAM AT ITS SLUMBER GOLD PROJECT

NV Gold Corp. has begun its 2026 drill program at its 100-per-cent-controlled Slumber gold project, located approximately 60 miles northwest of Winnemucca, Humboldt county, Nevada, United States.

"NV Gold is pleased to announce the commencement of its 2026 exploration season at its Slumber gold project. The 2026 drill program will initially be focused on the newly acquired lease of privately owned land that potentially joins the two target areas previously drilled from 2019 to 2025. The discovery of a large-scale near-surface oxide gold deposit has become increasingly rare is Nevada in the past decade due to the intense exploration efforts focused on this highly sought-after gold region," commented John Watson, chairman and chief executive officer of NV Gold. "Slumber advanced significantly with the 2025 drilling, clearly demonstrating its large-scale potential. The lease acquisition of several hundred acres of private land in 2026 has focused the company's plan on connecting the north (Awakening) and south (Slumber) zones. Surface mapping and sampling on this acquisition supports the potential continuity across nearly 1.5 km of undrilled area. NV Gold is fully financed with in excess of $2.5-million in cash, a significant amount of warrants in the money and no debt. It will be our busiest year in our corporate history. The Slumber discovery is potentially a transformational event for the company."

2026 Slumber gold project drill program highlights:

• The drill program will consist of up to 35 reverse circulation drill holes, totalling up to 8,000 metres (approximately 8,000 feet). This program is contemplated to double the drilling totals for the project, further testing a number of promising prior intercepts that remained open to depth and along strike.
• Each RC drill hole will target near-surface oxide gold mineralization to determine extent of the interpreted 2,750-metre-by-500-plus-metre near-surface silicified zone.
• During this program, the oxidized and silicified rhyolite breccias, mapped on the recently leased private lands will be drill tested for the first time. If the zones connect, the resulting gold system will be substantially enlarged.
• With the project permitted, the drill program is expected to commence Sept. 1, when the RC drill rig is mobilized to site.
• Target depths for this program will extend to over 300 metres. Previous results on the Slumber and Awakening areas have encountered oxide gold mineralization from outcrop to 300-plus-metre depth.

Please refer to NV Gold's press release dated Aug. 2, 2026, for additional information on recent drilling at the Slumber gold project, including detail on the near-surface oxide zone intersected in previous programs.

Qualified person disclosure

Jesse D. Wellman, CPG, an economic geologist and independent consultant for the company, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.

About NV Gold Corp.

NV Gold is a well-financed exploration company with approximately 35 million shares issued, over $2.0-million in its treasury and no debt. The company is based in Vancouver, B.C., and is focused on delivering value through mineral discoveries in Nevada, United States, leveraging its highly experienced in-house technical knowledge. The 2026-2027 year will be NV Gold's busiest exploration year in its corporate history.

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