Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

March 15, 2007 19:37 ET

Nevada Pacific Gold Reminds Shareholders That U.S. Gold's Offer Expires March 23, 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 15, 2007) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is reminding its shareholders that the U.S. Gold offer to purchase all the issued and outstanding shares of Nevada Pacific will expire on Friday, March 23, 2007, at 5 p.m. (Vancouver time), unless withdrawn or extended. The offer represents a premium of approximately 23 per cent to the closing share price of Nevada Pacific on March 3, 2006, the last trading day prior to U.S. Gold's announcement of its intention to make the offer.

The board of directors of Nevada Pacific has recommended that shareholders accept the offer and tender their shares to U.S. Gold. Shareholders who require assistance tendering their shares should immediately contact their investment advisers or the following:

In Canada and countries outside the U.S.
Kingsdale Shareholders Services
Toll-free 1-866-639-8026
Toll-free fax 1-866-545-5580
Banks and brokers 1-416-867-2272

In the United States Georgeson Securities
Toll-free 1-866-425-8280
Fax 1-212-440-9009
Banks and brokers 1-212-440-9800

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


Gary Nordin, Chair of the Special Committee

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

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