Nevada Exploration (NGE)

[JD400]

Grass Valley Project Update

In the three months since NGE’s most recent news release about the Grass Valley Project, NGE and McEwen Mining Inc. have worked together to complete a higher density groundwater sampling program across the Project, as well as to complete further surface geochemistry sampling. At this time, the data from these additional sampling programs is being integrated into the Project’s exploration model, and McEwen Mining Inc. has expressed that it plans to move towards permitting and drilling a series of stratigraphic test drill holes at the Project.