Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

August 10, 2005 09:15 ET

Nevada Pacific Gold Concludes Drilling at Keystone Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 10, 2005) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce the successful completion of drilling on the Company's Keystone Project located in Eureka County, Nevada. The 100 percent owned Keystone Project is comprised of 338 claims, 11 square miles located on the Battle Mountain/Cortez Gold Trend approximately 12 miles south of Placer Dome's 10+ million ounce Cortez Hills, Pediment and ET Blue discoveries, which many consider to be the most significant in Nevada over the past 15 years.

The Keystone property includes base and precious metal mineralization that occurs along the edge of the Keystone window in both upper and lower plate rock, near the northern contact of a 33.4 Ma granodiorite stock. The drill program was designed to test mineralized zones identified at surface along the edge of the intrusive for projected base metal high-grade zones.

A total of 3,254 feet was drilled in seven holes. Several zones of disseminated sulfides and semi-massive to massive sulfides were encountered. Widths varied from five feet to several tens of feet thick, the later being mostly disseminated zones. Garnet skarn zones that contained mineralization on surface exhibited mineralization at depth although the consistency and grade of the mineralization remains to be determined. Drilling within the intrusive also exhibited broad zones of sulfides ranging from disseminated to semi-massive. Nevada Pacific is encouraged by the results of the first round of drilling and will report assay results when they are received.

In addition to the drilling, a program of detailed mapping was carried out at a scale of 1:1200 on a large portion of the area surrounding the drill site. This information will be added to the geologic database and will be employed to develop cross sections.

Curt Everson, P. Geo., 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"


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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