1

Long-Term Gold Bull Market in Its Early Stages: Gold prices have been rising since November 2022 thanks to stock market turbulence and increasing recession fears. The recent failure of Silicon Valley Bank has called into question the stability of the banking industry, leading to even higher demand for gold. Many experts are now calling for higher gold prices, including Swiss Asia Capital Chief Investment Officer Juerg Kiener, who has predicted “gold prices could surge to $4,000 an ounce” in 2023.^[i]

2

Gold Mining Stocks Are Set to Soar: During each of the past two gold bull markets, gold mining stocks have outperformed physical gold bullion by double digits.^[ii] Gold mining stocks again now appear poised to deliver high upside potential for investors as the gold bull heats up.

3

Bullet 3: NevGold Has a Clear Path to Producing 3 Million Ounces: With 1.1 million ounces of gold in the ground, NevGold Corp. is fully funded to drill and update the resource estimates at its projects driving towards 3 million ounces in 2023. The company’s two resource-rich flagship projects – Nutmeg Mountain, Idaho and Limousine Butte, Nevada – have significant potential for resource expansion and exploration upside.

4

NevGold Has Substantial Re-Rating Potential: If NevGold Corp. delivers on their projected 3 million-ounce marker that could drive a potential increase of market cap by more than 10x. The company’s industry peers are trading at roughly $70 per ounce of gold in the ground, while NevGold is trading at less than $15 per ounce at its current resource estimates. A significantly larger resource estimate could see the company’s existing $21.9 million market cap soar by as much as 10x.

5

Highly Experienced Management and Insiders Who Are “All In”: The company is led by a highly seasoned executive team and board with a proven track record in the Western United States and over 175 years of combined experience. Additionally, company insiders appear to be “all in,” and have been continually buying and have not sold a single share ever.

Breaking News:

NevGold Intercepts 0.72 g/t Au Over 79.3 Meters From 10 Meters Depth Including 2.32 g/t Au Over 13.4 Meters From 26 Meters Depth at Nutmeg Mountain

Vancouver, British Columbia – April 13, 2023 – NevGold Corp. (“NevGold” or the “Company“) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce high-grade, heap-leach gold results intercepted from surface at the Nutmeg Mountain gold project (the “Project“, “Nutmeg Mountain“) in Idaho. The Project hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) (see Note 1). The initial drill results highlight the potential grade upside and growth potential for the resource which begins at surface and requires minimal stripping. The drill program is advancing on schedule and on budget, and drill results will be continuously released over the coming months.

For more information, click here.

Gold Bull Market in Its Early Stages;
Expert Suggests $4,000 Gold Price Possible

A long-term bull market in gold is now underway…and it’s only just beginning to heat up. This gold bull appears to have wide appeal – attracting not only “traditional” gold bugs, but also younger investors who had previously never considered investing in gold. It’s true that since 2015, gold prices have been climbing higher. But events that have transpired over the past two years have threatened to send gold through the roof.

Soaring inflation – triggered by unprecedented government spending – has prompted the Federal Reserve to raise interest rates and driven a number of investors to look at gold as a safe haven asset.
Geopolitical uncertainty – Russia’s invasion of Ukraine is just one of many geopolitical concerns that have led investors to potentially be skeptical about the value of currencies.
Banking failure – And more recently, the price of gold is being driven higher thanks to the recent collapse of Silicon Valley Bank and the questions about the stability of the banking industry that have arisen as a result.

“Gold prices could surge to $4,000 per ounce in 2023 as interest rate hikes and recession fears keep markets volatile…there is a good chance the gold market sees a major move…that will really make new highs.”

Many experts are now calling for higher gold prices, including Swiss Asia Capital Chief Investment Officer Juerg Kiener, who has predicted “gold prices could surge to $4,000 an ounce” in 2023.

Gold Mining Stocks Consistently Outperform Physical Gold During Bull Markets

An important point to consider for all gold investors – but especially those who are new to the yellow metal – is the upside potential of gold mining stocks.

During the 2000-2011 gold bull market, the price of physical gold rose 550%. While you might think that number is hard to beat, over the same period of time gold mining equities (represented by the NYSE Arca Gold Miners Index) returned more than 690%.^[i]

And in the current gold bull market which started in 2015, gold mining stocks have more than doubled the return of gold bullion over that span.

When the price of gold rises, miners immediately start to see greater profits from selling their ounces on the market. Historically, this has helped to generate exceptional returns.

And that brings us to the alluring story of NevGold – a company with, as you’re about to see, outstanding people, projects and plans that make it worthy of attention for investors looking for high-upside potential.

NevGold Corp. (TSXV: NAU); (OTCQX: NAUFF) Could Be the Most Explosive “Stealth Gold Play” of 2023

NevGold Corp. has two very advanced gold projects in Nevada (Limousine Butte) and Idaho (Nutmeg Mountain, acquired in July-2022).

The company completed a +$4 million Canadian financing in December 2022 and has started to drill its Idaho and Nevada projects and will complete over 15,000 meters of drilling in 2023. They are financed to complete their 2023 work programs which will lead to steady news flow over the next 12 months and a valuation re-rate.

The company is focused on the simplest type of gold projects in the world in the mining-friendly States of Nevada and Idaho. There are no better places in the world to find world-class gold deposits.

In fact, one of the world’s largest mining companies – the massive Freeport-McMoran (NYSE: FCX), with a US $44 billion market cap –is now actively drilling right next door to NevGold Corp.’s Limousine Butte property.

Freeport-McMoran’s property – adjacent to NevGold’s southwest – could potentially contain the next significant North American copper discovery…a possible development that could only mean great news for neighboring properties such as NevGold’s.

Low Cost. High returns.

What makes NevGold extremely exciting is the fact that both of the company’s projects are oxide, open-pit gold projects. So? Well, that means mining and processing is very low cost and highly economical using the heap leaching processing method.

Heap leaching is the lowest cost form of gold production and makes money in any gold price environment. These types of projects are sought after by the mid and large-cap gold producers and tend to be acquisition targets. This is no different for NevGold.

Keep drilling and find even more…

It doesn’t stop there. The 2022 drill results from Limousine Butte in Nevada focused on two areas within the large 16,556 acres (67 square kilometers) project. NevGold has identified a number of other targets that they will drill in 2023, and that provides the upside potential of a multi-million-ounce gold resource. Time will tell, but drilling is off to a great start!

And with the 2022 acquisition of the 1.1 Million Ounce gold resource project called Nutmeg Mountain in Idaho, the company now has a large gold resource base that is growing. Nutmeg Mountain drilling started in January 2023 and there is a lot of potential to grow that resource to + 2 Million ounces of gold resources.

NevGold just might be real alchemists…

At Limousine Butte in Nevada, the company spent approximately $2.5 million Canadian on the initial 10,000-meter drill program and it looks like they will be able to take a historical resource of 292,000 ounces to turn it into a 1.5-Million-ounce gold resource.

Let’s think about this. That’s approximately $2.5 Canadian spent, limited dilution, and very low cost to arrive at a greater than million-ounce resource. Now that’s real bang for the buck.

The company is just as excited about the acquisition at Nutmeg Mountain in Idaho.

This project ALREADY has 1.1-Million-ounce gold resource with the goal of spending approximately $2 million Canadian and delivering on 2X or 3X growth in the resource.

They see the same roadmap at Nutmeg Mountain as they did at Limousine Butte, meaning low cost delivery of MASSIVE gold resource growth.

NevGold is protected on the downside by low costs with all the tremendous upside potential as gold prepares to enter the predicted commodity super cycle.

How NevGold can potentially increase its market cap by more than 10x

Let’s take a look at the numbers.

As of March 20, 2023, NevGold is trading at approximately, a $21.9-million-dollar market cap.

You can see in the chart below that their peers trade for about $75 per ounce in the ground. If NevGold is able to deliver on that 3 million-ounce marker, at the low end that could possibly add $200 million to the current $21.9 million, which could mean a potential increase of market cap of more than 10x

From a mining standpoint this is one of the simpler stories you can find.

There is no fancy technology that can find gold from outer space. Nothing is dependent on the stars, moon and sun being in alignment.

NevGold (TSXV: NAU); (OTCQX: NAUFF) Continues its Bold Move Forward

With the platform NevGold has with Limo Butte and Nutmeg Mountain, they will have a very aggressive drill program in 2023 driving towards that multi-million-ounce resource base in the Western USA. That could create even more potential upside in the valuation from current levels. Again, time will tell.

According to CEO Brandon Bonifacio, “We’ve done this before, and we will do it again. We’ve developed mining projects in the Western USA, specifically Nevada and Idaho, we know the road map, we know the key suppliers and contractors. And that gives us the right platform to successfully develop projects in an efficient, low-cost manner to the benefit of our shareholders.”

“We have achieved low-cost structures with our contractors, and we are seeing exceptional assay lab turnaround times of 3 to 4 weeks, whereas many companies are seeing 2 to 3 months at the assay lab. This is very important as it drives steady news flow,” he concluded.

NevGold (TSXV: NAU); (OTCQX: NAUFF) Possesses Blended Experience at the Board Level with the Right Skill Set and Energy at the Executive Level

CEO Brandon Bonifacio is young and that’s something NevGold is using to their advantage. Brandon comes from Goldcorp, Inc. From 2015 to 2020 Brandon collaborated to help the company conduct $5 billion in asset acquisitions and divestitures.

Brandon worked closely with and learned from the best of the best in the mining industry, and he is applying those principles to the junior mining space. That is something very unique, as he knows the inner workings of the larger companies, and what they are looking for.

Check out this interesting interview Brandon gave on the company’s drilling projects:

The Executives Have Real Skin in the Game

And best of all, they are buying more and not selling.

NevGold is an owner operated model, where the executives are also owners of the business. And not one of them has ever sold a share. How’s that for confidence?!

Why NevGold Corp. (TSXV: NAU); (OTCQX: NAUFF)
Should Be On Your Radar Today

Gold prices continue to soar higher – and with rising interest rates, ongoing recession fears and worries about the stability of the banking industry…there’s no sign of gold’s bull run slowing down any time soon.

NevGold Corp. appears to be in a prime position to take advantage of rising gold prices with its active drilling programs on two resource-rich, high-upside properties in the Western United States. As the company appears to already be significantly undervalued compared to its peers, NevGold Corp. could move quickly as its drilling program continues, so it might be a great idea to keep this company on your radar!

5 Reasons NevGold (TSXV: NAU); (OTCQX: NAUFF) Appears Poised to Shine Brightly in 2023 and Beyond

1

2

3

4

5

Sources

[i] https://www.cnbc.com/2022/12/22/gold-at-4000-analysts-share-their-2023-outlook-for-prices.html

[ii] https://www.visualcapitalist.com/why-gold-mining-stocks-outperform-gold-bull-markets/

[iii] https://www.cnbc.com/2022/12/22/gold-at-4000-analysts-share-their-2023-outlook-for-prices.html

[iv] https://www.visualcapitalist.com/why-gold-mining-stocks-outperform-gold-bull-markets/

[v] https://www.cnbc.com/2022/12/22/gold-at-4000-analysts-share-their-2023-outlook-for-prices.html

[vi] https://www.visualcapitalist.com/why-gold-mining-stocks-outperform-gold-bull-markets/

Legal Disclaimer

GENERAL NOTICE AND DISCLAIMER – PLEASE READ CAREFULLY. We are engaged in the business of marketing and advertising companies for monetary compensation. All content in our releases is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly, or indirectly constitutes a solicitation of the purchase or sale of any securities.

Wallstreetnation.com sponsored advertisements do not purport to provide an analysis of any company’s financial position, operations, or prospects and this is not to be construed as a recommendation by Wallstreetnation.com or an offer or solicitation to buy or sell any securities. None of the owners of Wallstreetnation.com, or any of its members, officers, directors, contractors, or employees is a licensed broker-dealer, account representative, market maker, investment banker, investment advisor, analyst or underwriter. Investing in securities, including the securities of those companies profiled or discussed on this website is for individuals tolerant of high risks.

Viewers should always consult with a licensed securities professional before purchasing or selling any securities of companies profiled or discussed in our releases. It is possible that a viewer’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. Wallstreetnation.com makes no recommendation that the securities of the companies profiled or discussed in our releases or on our website should be purchased, sold or held by investors.

Wallstreetnation.com makes no representations, warranties or guarantees as to the accuracy or completeness of the information provided or discussed. Viewers should use the information provided by us regarding the profiled companies as a starting point for additional independent research on the companies profiled or discussed to allow the viewer to form his or her own opinion regarding investing in the securities of such companies. Factual statements, or the similar, made by the profiled companies are made as of the date stated and are subject to change without notice and Wallstreetnation.com has no obligation to update any of the information provided, nor is it responsible for errors and omissions.

From time-to-time certain content in our releases or website is written and published by our employees or third parties. In addition to information about our profiled companies, from time to time, our releases and website will contain the symbols of companies and/or news feeds about companies that are not being profiled by us but are merely illustrative of certain activity in the stock market that we are highlighting. Viewers are advised that all analysis reports and news feeds are issued solely for informational purposes. Any opinions expressed are subject to change without notice. It is also possible that one or more of the companies discussed or profiled in our releases or on our website may not have approved certain or any statements within the release or website. Wallstreetnation.com encourages viewers to supplement the information obtained from any release or our website with independent research and other professional advice. By accessing, viewing, or using our website or communications originating from our website or any release therein, you agree that Wallstreetnation.com, its owners, officers, directors, contractors and employees, are not responsible for any content, associated links, resources, or services associated with a third party website. You further agree that Wallstreetnation.com, its owners, officers, directors, contractors and employees shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only. Wallstreetnation.com uses third parties to disseminate information to subscribers. Although we take precautions to prevent others from obtaining our subscriber list, there is a risk that our subscriber list, through no wrong doing on our part, could end up in the hands of an unauthorized party and that subscribers will receive communications from unauthorized third parties. It should also be noted that we may share our subscriber data with the client company featured in the report and affiliated third parties. You agree to hold Wallstreetnation.com, its operators, owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur arising out of the use of our website or the information in our press releases, profiles and opinions. You agree that use of our website is at your sole risk. Wallstreetnation.com disclaims all warranties of any kind, express or implied.

We encourage viewers to invest carefully and read the investor issuer information available at the web sites of the SEC. The SEC has launched an investor-focused website to help you invest wisely and avoid fraud at www.investor.gov and filings made by public companies can be viewed at www.sec.gov and/or then FINRA at: www.finra.org . In addition, FINRA has published information at its website on how to invest carefully at www.finra.org/investors/index.htm. Questions regarding any information contained in this website may be sent to info@wallstreetnation.com. Some of the content in this release may contain forward-looking information within the meaning of Section 27 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the profiled companies and the value of their securities.

In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company’s actual results of operation. The company’s actual performance could greatly differ from those described in any forward-looking statements or announcements mentioned in our releases. A company’s past performance does not guarantee future results. Further specific financial information, filings and disclosures as well as general investor information about the profiled companies, advice to investors and other investor resources are available at the Securities and Exchange Commission (“SEC”) website www.sec.gov and the Financial Industry Regulatory Authority (“FINRA”) website at www.finra.org.

The content in this release is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. This release may provide hyperlinks to third party websites or access to third party content.

Wallstreetnation.com, its owners, officers, directors, contractors and employees are not responsible for errors and omissions nor does Wallstreetnation.com control, endorse, or guarantee any content found in such sites. Wallstreetnation.com is owned and operated by Jade Cabbage Media, LLC d/b/a STOXMedia.

Compensation

Pursuant to an agreement between Winning Media LLC and the issuer , NevGold Corp., Winning Media LLC has been paid $50,000 to publicly dissemeniate information about NevGold Corp.