Nevada Pacific Gold Ltd.
TSX VENTURE : NPG

Nevada Pacific Gold Ltd.

June 09, 2005 14:32 ET

Nevada Pacific Reports Initial Results of Exploration Drilling Program at the Magistral Gold Mine

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 9, 2005) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce drilling results from the first phase of the previously announced US$1 million exploration program currently underway at the Company's Magistral Mine located in Sinaloa State, Mexico. The drilling program began on March 18, 2005 utilizing a reverse circulation drill. As of May 30th the Company has completed drilling 30 holes totaling 3,815 metres (12,500 feet). Results for 18 of the drill holes have been received. The drill program is targeting eight high priority areas in and adjacent to the immediate Mine area and is designed to further increase the Company's understanding of the development potential as part of an overall objective to increase the reserve/resource at Magistral. The drilling program will continue over the summer months and into the early fall. Initial results based on assays received to date are presented here. Additional results will be presented as they become available.

The Lupita and Sagrado Corazon target areas are located on the same northeast striking mineralized structure and separated by approximately 1,300 metres. Both areas host defined gold reserves and resources that are included in the Company's technical report concerning the property filed on SEDAR on January 6th, 2005. The drilling program targeted down dip and lateral strike extensions of existing resources with the intention of delineating additional mineralization. Additionally there are a limited number infill holes in the program, which also have the objective of defining additional mineralization.



Sagrado Corazon Zone

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Hole From To Length Gold Grade
Number (metres) (metres) (metres) (grams per tonne)
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M-765 21.3 57.9 36.6 3.05
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Including 50.3 56.4 6.1 11.51
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M-767 62.5 67.1 4.6 0.34
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M-777 No gold significant results
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M-778 18.3 48.8 30.5 1.57
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Including 18.3 24.4 6.1 3.49
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Including 35.1 39.7 4.6 3.97
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Results for 3 holes remain pending at the Sagrado Corazon Zone.

Lupita Zone

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Hole From To Length Gold Grade
Number (metres) (metres) (metres) (grams per tonne)
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LUP-1 0 18.3 18.3 2.08
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including 1.5 9.1 7.6 4.57
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and 29.0 44.2 15.2 3.18
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including 32.0 39.6 7.6 5.72
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LUP-2 0 9.1 9.1 0.53
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and 32.0 35.1 3.1 1.13
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LUP-3 128.0 135.6 7.6 0.43
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LUP-4 68.6 121.9 53.3 2.26
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including 85.4 94.5 9.1 10.42
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LUP-5 0 6.1 6.1 0.48
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and 10.7 16.8 6.1 0.36
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LUP-6 69.1 109.7 40.6 2.69
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including 91.4 107.7 16.3 5.60
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Results for 4 drill holes remain pending at the Lupita Zone.


Data confirming the true thickness of the drill intercepts is being calculated and will be released when available.

The drilling results to date have been successful in indicating in indicating additional mineralization in the immediate mine area and will be incorporated into the current resource models. The Company plans further drilling during the summer months and into early fall. As drilling results are available they will be released.

The Cerritos and Lucy showings are located south of the Sagrado Corazon Zone. Along with drill targets at these areas there exists a north-south mineralized structure between the two that has been identified on surface by a series of bulldozer trenches and sampling that demonstrate widths varying from 4 to 40 metres along the structure. Additionally, in close proximity south of the Lucy and Cerritos showings is the Cerritos Porphyry target. No previous drilling has been carried out in these areas and 8 drill holes have been completed thus far in the program. Results from the drilling are shown in the following tables:



Cerritos/Lucy Zones

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Hole From To Length Gold Grade
Number Area (metres) (metres) (metres) (grams per tonne)
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CER-001 No significant gold results
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CER-002 No significant gold results
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CER-003 Cerritos
Porphyry 0 4.6 4.6 0.37
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Interval also contains 13.5 g/t Silver and 0.19% Copper
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Hole From To Length Gold Grade
Number Area (metres) (metres) (metres) (grams per tonne)
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CER-004 No significant gold results
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CER-005 Between
Lucy &
Cerritos 50.3 51.8 1.5 2.09
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CER-006 Between
Lucy &
Cerritos 3.1 10.7 7.6 0.85
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and 27.4 35.0 7.6 0.46
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Results for 2 holes remain pending at the Lucy Zone.


Two holes were completed in the La Prieta Zone to test the interpretation that the mineralized structure is pinching out down dip. The drilling did intersect alteration typically associated with gold mineralization at the targeted depths, but without significant gold values. Two holes at West San Rafael and one hole at San Rafael have also been completed and assays are pending.

Mineralized intervals are reported as down hole length and true widths have not yet been estimated. All samples have been prepared and assayed by ALS Chemex. Gold results are determined using standard fire assay techniques with an atomic absorption finish on a 30 gram sample. Over limit samples ( greater than10.0 g/t) are re-assayed using a fire assay with a gravimetric finish. No capping factor for high grade samples has been used in calculating the gold results presented.

Ross Zawada, P.Geo., 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 Mexico.

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 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 www.nevadapacificgold.com.

ON BEHALF OF NEVADA PACIFIC GOLD LTD.

Richard J. Barclay, CEO and President

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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