Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

September 07, 2005 10:40 ET

Nevada Pacific Cuts Gold in Trench at Cornerstone Project on Cortez Trend

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 7, 2005) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce the intersection of gold mineralization in Trench #1 on its Cornerstone Project, located in Eureka County, Nevada. The Cornerstone Project forms part of the Battle Mountain/Cortez Gold Trend and lies 12 miles southeast of the 10 million ounce Cortez Hills/Pediment deposit (Placer Dome 60% - Kennecott 40%), three miles east of the Company's 100% owned Keystone project and immediately adjacent to the 1.4 million ounce Tonkin Springs gold property owned by US Gold.

Trench #1 (drill road and drill pad construction) is located 2,500 feet north of US Gold's Rooster deposit and 1,000 feet southwest of NPG's Flag zone. A total of 162 feet of newly exposed bedrock in the road cut has been systematically sampled on five-foot intervals and assayed. The entire 162 feet of exposed bedrock contained gold mineralization averaging 0.028 opt gold with the last 10 feet on the east side grading 0.32 opt gold, at which point the outcrop dives off under gravel cover. NPG presently plans to extend that trench further to the east to help trace the extent of the high grade mineralization. Drilling is presently testing this area of mineralization obtained in the trenching and the area up the hill which contained rock chip values in outcrop of 0.066 opt and 0.099 opt gold. The drill hole assays are pending and will be reported at a later date.

A recent age date taken in carbonate rocks located to the west of the drilled and trenched area has demonstrated that previously mapped Ordovician age rocks are in fact early to middle Devonian in age, thus demonstrating the existence of more favorable lower plate host rock being exposed at surface.

Mr. Curt Everson, P.Geol., M.Sc. is a Qualified Person as defined by National Instrument 43-101 and is responsible for program design and quality control of exploration undertaken by the Company in Nevada.

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

Cautionary Statement on Forward-Looking Information

Certain information set forth in this report contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties including: the results of current operation and exploration activities; market reaction to future operation and exploration activities; significant changes in metal prices; currency fluctuations; increases in production costs; differences in ore grades; recovery rates; and tonnes mined from those expected; changes in mining, or heap leaching rates from currently planned rates; the timing and content of work programs; geological interpretations; receipt and security of mineral property titles; general market and industry conditions; and other factors detailed in the Company's public filings.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise an, as such, undue reliance should not be placed on forward-looking statements. The Company's actual results, programs and financial position could differ materially from those expressed in or implied by these forward-looking statements, and accordingly, no assurance can be given that the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom.

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

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