Nevada Pacific Gold Ltd.

Nevada Pacific Gold Ltd.

September 21, 2005 12:30 ET

Nevada Pacific Intercepts Gold in Drilling at Cornerstone Project on Cortez Trend

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 21, 2005) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce the intersection of gold mineralization in drill hole CSR05-02 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.

Drill hole CSR05-02, located on the western end of road cut (Trench #1) and drilled at minus 90 degrees, intersected 65 feet grading 0.023 opt gold from 40 feet to 105 feet. As previously reported (PR# 05-27 September 7, 2005) Trench #1 graded 0.028 opt gold over 162 feet including a high-grade section of 10 feet grading 0.32 opt gold on it's eastern end. The drill hole also contains significant Carlin-style trace elements with arsenic averaging 1,184 ppm, mercury averaging 2.03 ppm and antimony averaging 49.8 ppm over this same interval. This significant intersection of gold may represent a low-grade halo of mineralization surrounding the high-grade zone intersected in the Trench. The drilling of an angle hole under the high grade intersection recently tested this hypothesis and the assays are pending.

In addition, an angle hole to the south is testing anomalous gold mineralization grading 0.066 opt and 0.099 opt gold obtained in outcrop sampling 100 feet south of CSR05-02.

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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