Nevada Pacific Gold Ltd.
TSX VENTURE : NPG

Nevada Pacific Gold Ltd.

August 30, 2005 12:31 ET

Nevada Pacific Retains Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 30, 2005) - Nevada Pacific Gold Ltd. (TSX VENTURE:NPG) is pleased to announce that, subject to regulatory approval, it has retained the services of AXINO AG (AXINO) to provide investor relations services for the Company.

AXINO will present Nevada Pacific in European countries, disseminating investor relation's information and maintaining timely contact with the Company's shareholders, potential investors and investment industry professionals. AXINO will receive compensation of 2,500 EUR per month for a six-month term (renewable) and a 50,000 share stock option exercisable for one year at $0.80.

AXINO AG is a privately owned full-service investor relations firm based in Stuttgart, Germany. It specializes in representing companies that wish to obtain investor exposure and develop a shareholder following in the European financial markets.

AXINO AG and its principals are at arm's-length to Nevada Pacific Gold Ltd. and hold no interest in the securities of Nevada Pacific Gold Ltd.

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 www.nevadapacificgold.com.

ON BEHALF OF NEVADA PACIFIC GOLD LTD.

David Hottman, Chairman

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

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