Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

June 02, 2006 10:07 ET

Nevada Pacific Appoints Paul A. Parisotto to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 2, 2006) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce the appointment of Mr. Paul A. Parisotto as Director of the Company. Mr. Parisotto has been the President of Coniston Investment Corp. since 1999, a company that provides Investment Banking Services to mining companies, and President & CEO of Arizona Star Resource Corp. since December 2004. Prior to this, he served as Vice President and Director for 2 Canadian Brokerage Firms: HSBC Securities and Marleau, Lemire Securities.

Mr. Parisotto began his career working at the Toronto Stock Exchange in 1983. From 1984 to 1994 he held the position of Manager, Original Listings.

Further, the Company wishes to announce the grant, under its Stock Option Plan, of stock options to purchase 200,000 common shares of the Company at an exercise price of $1.54 per share. The options were granted to a Director of the Company.

Nevada Pacific Gold Ltd. was founded in March 1997. The Company owns an exploration property portfolio covering approximately 890 square miles of mineral rights in Mexico including the Magistral Gold Mine and an exploration property portfolio covering approximately 85 square miles of mineral rights in the State of Nevada. A description of these projects, including maps and photographs, can be viewed on the Company's website at


David Hottman, Chairman

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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