NV Gold Corporation (TSXV: NVX | OTCQB: NVGLF) has released assay results from 10 of 17 completed drillholes in its 2026 reverse circulation drilling campaign at the 100%-owned Slumber Gold Project in Nevada. The results confirm and expand two key mineralised zones — Awakening and Eastern DeLong — located approximately 1.4 kilometres northeast of previously reported gold zones. With oxidation observed to depths exceeding 225 metres and grades notably stronger than those recorded in the southern Slumber Zone, investors may be watching closely as the company continues drilling with at least 15 additional holes planned.

Key Points

  • NV Gold Corporation (TSXV: NVX | OTCQB: NVGLF) operates the 100%-owned Slumber Gold Project, 70 kilometres west-northwest of Winnemucca, Nevada
  • Assays from 10 of 17 completed 2026 RC drillholes confirm expanding gold mineralisation across the Awakening and Eastern DeLong Zones
  • Highlight intercepts include 65.53 metres grading 1.336 g/t Au in SL-47A, with a 1.52-metre interval returning 8.681 g/t Au; discovery strike length now exceeds two kilometres
  • Investors should watch for pending assays from seven DeLong Ridge holes and results from SL-48A and SL-48B, plus a planned 3,000-metre diamond core program in January 2027

Awakening and DeLong Ridge Zones Yield Encouraging Gold Grades

Assay results reported from holes SL-38, SL-39, SL-39A, SL-40, SL-42, SL-46, SL-46A, SL-47, SL-47A, and SL-48 show broad intervals of gold mineralisation across both zones. Standout results include SL-47A, which returned 65.53 metres at 1.336 g/t Au from 118.87 metres, including 25.91 metres at 2.518 g/t Au, and a 1.52-metre high-grade interval assaying 8.681 g/t Au. Hole SL-42 also returned 41.2 metres at 0.844 g/t Au. The company states grades in the newly reported holes are notably stronger than those previously recorded in the Slumber Zone to the south.

Mineralisation Geometry and Heap Leach Potential at Slumber

The disclosure suggests an emerging oxide gold system of significant scale. The company reports a strike length exceeding two kilometres from southwest to northeast, widths of 200 to 600 metres, and interval thicknesses ranging from 30 to over 200 metres, though true widths and thicknesses remain unknown. Oxidation has been observed to depths of over 200 metres across most areas drilled to date, which the company states supports the possibility of cyanide heap leach amenability. Preliminary metallurgical testing on samples from the current program is planned to assess heap leach processing potential.

2026 Drill Program Scope and Winter Campaign Plans

Drilling at Slumber is ongoing, with the 2026 RC program expected to continue into November or later. At least 15 additional RC holes are planned, primarily targeting the southern extension of DeLong Ridge, with potential additional holes north of the 2023 Exploration Target boundary in the Slumber Area. Seven DeLong Ridge holes are currently awaiting assays, as are SL-48A and SL-48B. The company has engaged Energold Drilling of Billings, Montana to initiate a 3,000-metre-plus diamond core drilling program in January 2027. The company has also engaged two diamond core drills for its planned winter campaign.