Nevada Dawn Publicizes Inventory Possibility Grants

TSXV: NEV

VANCOUVER, British Columbia, March 3, 2021 / CNW / – Nevada Dawn Gold Company (“Nevada Dawn” or the “Firm”) (TSXV: NEV) introduced right this moment that it has granted a complete of two,500,000 inventory choices to the administrators, officers and consultants of the Firm, exercisable on the worth of $ 0.125 per share for a interval of 5 years from the grant date. The choices had been granted in accordance with the Firm’s inventory possibility plan.

About Nevada Dawn

Nevada Dawn is a junior mining exploration firm with a robust technical workforce primarily based in Vancouver, BC, Canada, which holds pursuits in gold, copper, cobalt and lithium exploration tasks positioned within the State of Nevada, United States.

The corporate’s key gold asset is a 20% curiosity in a three way partnership with New Placer Dome Gold Corp. (TSXV: NGLD) on the Kinsley Mountain Gold Challenge (“Kinsley Mountain”) close to Wendover the place an intensive drilling program was accomplished on the finish November 2020. Kinsley Mountain is a Carlin-style gold mission internet hosting a Nationwide Instrument 43-101 (“NI 43-101”) compliant gold useful resource consisting of 418,000 ounces of gold indicated grading 2.63 grams / tonne (“g / t”) of gold (4.95 million tonnes) and 117,000 ounces of gold inferred at a mean of 1 , 51 g / t gold (2.44 million tonnes), at cut-off grades starting from 0.2 to 2.0 g / t gold1.

1 Kinsley Challenge Technical Report and Up to date Mineral Useful resource Estimate, Elko County, Nevada, USA, efficient January 15, 2020 and ready by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P. Geo. and Gary L. Simmons, MMSA underneath the Issuer Profile of New Placer Dome Gold Corp. on SEDAR (www.sedar.com).

Nevada Dawn has the precise to amass a 100% curiosity within the Coronado VMS mission, positioned roughly 48 kilometers (30 miles) southeast of Winnemucca. The Firm owns a 15% curiosity within the historic Lovelock cobalt mine and the Treasure Field copper property, every positioned roughly 150 kilometers (100 miles) east of Reno, with World Vitality Metals Corp. (TSXV: GEMC) holding an 85% stake. Nevada Dawn owns 100% curiosity within the Jackson Wash and Gemini lithium tasks, each positioned in Esmeralda County. The corporate owns Nevada Water Proper License 44411, positioned within the Clayton Valley Basin close to Silver Peak, Nevada, and the water proper allow 86863 within the Lida valley basin.

FORWARD-LOOKING STATEMENTS

This model could comprise aheadforward-looking statements. Ahead-looking statements are statements which aren’t historic information and that are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “believes”. “,” Plans “, Expressions” potential “and the like, or that occasions or situations” will happen “,” may “,” may “,” may “or” ought to “happen and embrace the disclosure of the actions of deliberate exploration. Though the corporate believes that the expectations expressed in suchforward-looking statements are primarily based on affordable assumptions, such statements are usually not ensures of future efficiency, and precise outcomes could differ materially from forward-looking statements. Cheekyforward-looking statements are primarily based on the beliefs, estimates and opinions of the administration of the corporate as of the date on which such statements had been made. The Firm expressly disclaims any intention or obligation to replace or revise anyforward-looking statements whether or not because of new info, future occasions or in any other case.

These elements embrace, amongst others, dangers associated to the interpretation and precise outcomes of historic exploration on its mineral exploration properties, reliance on technical info offered by third events on one among our exploration properties. , together with entry to historic info on its properties, present exploration and growth actions; adjustments in mission parameters as plans proceed to be refined; present financial situations; future commodity costs; doable variations in grade or restoration charges; failure of apparatus or processes to perform as meant; the lack of contracting events to carry out; labor disputes and different dangers of the mining trade; delays in acquiring authorities approvals, financing or finishing exploration, in addition to the elements mentioned within the part entitled “Danger Elements” within the Firm’s MD&A for the three months ended December 31, 2020, obtainable underneath the corporate’s SEDAR profile at www.sedar.com.

Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the accuracy of this launch. The securities of Nevada Dawn Gold Company haven’t been registered underneath the US Securities Act of 1933, as amended, and might not be provided or offered in United States or on behalf of or for the good thing about any American individual.

SOURCE Nevada Dawn Gold Company

For additional info: Warren Stanyer, President and CEO, Cellphone: (604) 428-8028, Fax: (604) 684-9365, E-mail: [email protected], Web site: http://www.nevadasunrise.ca

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