Nevada Exploration (NGE)

[JD400]

Nevada Exploration Inc. (TSX.V:NGE) (“NGE”) is pleased to announce that it has used its proprietary hydrogeochemistry exploration technology to delineate a new exploration target exhibiting high concentrations of gold in groundwater on the south-east edge of Grass Valley, along a regionally important structural corridor known to host world class gold mineralization to the north. NGE has secured the target to establish the South Grass Valley Project by staking 186 unpatented mining claims covering 1,500 hectares (3,700 acres). The Project is located in north-central Nevada, approximately 50 kilometres (32 miles) south southwest of Barrick Gold Corp.’s Cortez Pipeline property, one of the world’s largest and lowest cost gold mines, and approximately 30 km (18 miles) south of the northern Grass Valley Project, which is presently being advanced by McEwen Mining Inc. under an exploration partnership with NGE.