Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

March 02, 2005 17:09 ET

Nevada Pacific Gold Announces Stock Option Grants


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NEVADA PACIFIC GOLD LTD.

TSX VENTURE SYMBOL: NPG

MARCH 2, 2005 - 17:09 ET

Nevada Pacific Gold Announces Stock Option Grants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 2, 2005) - Nevada
Pacific Gold Ltd. (TSX VENTURE:NPG) wishes to announce the grant, under
its Stock Option Plan of stock options to purchase an aggregate of
110,000 common shares of the Company at an exercise price of $1.00 per
share for a term of ten years. These stock options were granted to a
director and senior officer of the Company and a subsidiary on February
17, 2005. In addition 25,000 stock options to purchase common shares of
the Company at an exercise price of $1.00 for a term of one year were
granted to a consultant.

Nevada Pacific Gold Ltd. was founded in March 1997. The Company owns the
operating 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 agreement to Placer Dome US. A description of these projects,
including maps and photographs can be viewed on the Company's website
at: www.nevadapacificgold.com.

ON BEHALF OF NEVADA PACIFIC GOLD LTD.

Richard J. Barclay, CEO and Director

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Nevada Pacific Gold Ltd.
    David Hottman
    (604) 646-0188
    (604) 646-0189 (FAX)
    www.nevadapacificgold.com
    No securities regulatory authority or stock exchange has reviewed or
    accepts responsibility for the adequacy or accuracy of this release.