Vancouver, British Columbia, May 19, 2022 (GLOBE NEWSWIRE) — NevGold Corp. (“
NevGold
” or the “
Company
”) (
TSXV:NAU
) (
OTC
Q
X
:NAUFF
) (
Frankfurt:
5E50
) is pleased to announce that the Company has promoted Mr. Derick Unger, CPG, from Chief Geologist to the position of Vice President of Exploration. Derick has been with the Company since July-2021 and has been instrumental in the geology, exploration, and resource development areas. Derick has a strong track record of success and has implemented key leadership principles and strategy to the operations of the Company.
NevGold
CEO,
Brandon Bonifacio
, comments
:
“
Derick has been a key figure
within
our
core
leadership group
and has been instrumental in the success
of the
company to date.
He
has been a large contributor to building
a strong operational
platform
in Nevada
and British Columbia
, which has
provided the right ingredients for successful resource development and exploration
efforts
.
It has been an extremely fast paced start to our field programs
,
specifically the
10,000 meter
drill program at Limousine Butte,
and we have operated safely, efficiently,
and cost effectively
which is a testament to Derick and our
entire
team. We look forward to further building on our
positive progress
to
date
as we advance
our efforts
over the coming months
.”
NevGold
VP Exploration, Derick Unger
, comments:
“
Thank you to the
entire
NevGold
leadership
group
for the
ir
support this past year.
O
ur early success is a testament to the hard work and dedication the entire group displays
on a daily basis
. I am confident through a combination of hard work and good science we will continue to unlock the full value of our projects
to benefit our s
takeholders
.
The
data
generated in the
10,000 meter
drill program
at Limousine Butte
has been critical to our understanding of the
67 square kilometer
district
scale project
,
and we
are excited about the numerous drill targets that have been identified
from our robust geological model
.
”
ON BEHALF OF THE BOARD
“
Signed
”
Brandon Bonifacio, President & CEO
For further information, please contact Brandon Bonifacio at [email protected], call 604-337-4997, or visit our website at
www.nev-gold.com
.
About the Company
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Ptarmigan silver-polymetallic project in Southeast BC.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether
as a result of
new information, future
events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
