VANCOUVER, BC--(MARKET
WIRE)--May 28, 2009 --
Nevada Sunrise Gold
Corporation (CDNX:NEV.V
-
News) completed its
updated NI 43-101
Technical Report for the
Golden Arrow project
located in Nye County,
Nevada. The updated
mineral resource report
includes results from
the 2008 drilling
program.
The Classified Mineral
Resource report is
quoted at a variable
cut-off grade of 0.010
ounces per ton (opt)
gold for oxide material
and 0.015 opt gold for
non-oxidized material
and consists of:
-
A measured and
indicated resource
of 296,500 ounces of
gold at an average
grade of 0.024 opt
Au, and 4,008,000
ounces silver at an
average grade of
0.33 opt Ag
(12,172,000 tons).
-
An additional
inferred resource of
50,400 ounces gold
at an average grade
of 0.013 opt Au, and
1,249,000 ounces
silver at an average
grade of 0.33 opt Ag
(3,790,000 tons).
The Technical Report on
the Golden Arrow Project
dated May 1, 2009 can be
found on Sedar at
www.sedar.com or on
our website at
www.nevadasunrise.com.
About Nevada Sunrise
Nevada Sunrise Gold
Corporation is focused
on exploration and
development of precious
metal properties in
Nevada. Odin D.
Christensen, PhD,
Certified Professional
Geologist, is the
Company's designated
Qualified Person for
this news release and
has reviewed the
information contained in
the release and
confirmed that it is
consistent with that
provided by the
independent QP
responsible for the
resource estimate,
Steven Ristorcelli of
MDA.
CAUTIONARY NOTE
This news release
contains forward-looking
statements, which
address future events
and conditions that are
subject to various risks
and uncertainties. The
Company's actual
results, programs and
financial position could
differ materially from
those anticipated in
such forward-looking
statements as a result
of numerous factors,
some of which may be
beyond the Company's
control. These factors
include: the
availability of funds;
the timing and content
of work programs;
results of exploration
activities and
development of mineral
properties, the
interpretation of
drilling results and
other geological data,
the uncertainties of
resource and reserve
estimations, receipt and
security of mineral
property titles; project
cost overruns or
unanticipated costs and
expenses, fluctuations
in metal prices;
currency fluctuations;
and general market and
industry conditions.
