Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

August 09, 2005 14:28 ET

Nevada Pacific Announces Extension of Warrant Term for 2004 Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 9, 2005) - Nevada Pacific Gold Ltd. (or the "Company") (TSX VENTURE:NPG) wishes to announce that the TSX Venture Exchange has approved in principle the Company's application to extend the exercise periods for 1,936,900 warrants that were issued on August 17, 2004 and 159,515 warrants that were issued on September 22, 2004, respectively (together, the "Warrants"). The Warrants were previously exercisable for one year from the date of issue at an exercise price of $1.20 per share. The Company will extend the period for exercising the Warrants by an additional twelve (12) months resulting in new expiry dates of August 17 and September 22, 2006, respectively. The Warrants were originally issued in connection with a private placement announced on June 25, 2004.

Nevada Pacific Gold Ltd. was founded in March 1997. The Company owns the Magistral Gold Mine in Mexico and an exploration property portfolio covering approximately 75 square miles of mineral rights including portions of two significant gold producing belts in the State of Nevada. The Company's BMX, Keystone and Limousine Butte projects are under joint venture agreement to Placer Dome U.S. 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 does not accept responsibility for the adequacy or accuracy of this release.

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