NGE Nevada Exploration Inc

Nevada Exploration Inc. ("NGE") (TSX VENTURE:NGE) is pleased to announce that
Spruce Ridge Resources Ltd. ("Spruce Ridge"), NGE's exploration partner at NGE's
Fletcher Junction Gold Project (the "Project") in Mineral County, Nevada, has
completed its first angle core hole with positive results and has indicated its
intentions to continue its drill program with heightened expectations.


Core hole FJ14 has been successfully completed on a bearing of N45W at an angle
of -60 degrees, to a total depth of 628m (2,063ft). The drill hole successfully
penetrated the Aurora basalt and the gravel beds and intersected 324 meters of
hydrothermally altered bedrock containing high concentrations of the
gold-related trace-elements Ag (to 1oz/t), As (to 800ppm), Sb (to 450ppm), Hg
(to 3ppm) and Mo (to 300ppm). The thick zone of hydrothermal alteration together
with high concentrations of gold-related trace-element chemistry suggest the
peripheral and/or upper parts of an Aurora-style gold-bearing quartz-adularia
vein system has been encountered. A significant volume of relatively
lower-temperature hydrothermal fluid containing high concentrations of
gold-related trace-elements has moved laterally through a very large volume of
rock and strongly suggests one or more major high-angle fault zone(s) nearby as
the primary gold-bearing hydrothermal fluid source(s). Higher concentrations of
gold would be expected closer to the higher-temperature, repeatedly-brecciated,
primary hydrothermal fluid conduits and are the target of the next drill hole.


Thirteen (13) previous, wide-spaced, Reverse Circulation (RC) drill holes
drilled through 250-300m (800-1,000ft) of post-mineral cover only penetrated a
few meters of bedrock, but all bottomed in high concentrations of gold-related
trace-elements and demonstrated the large areal extent of hydrothermally altered
rock existing beneath the basalt and sand & gravel cover on the Fletcher
Junction Property. An Airborne VTEM geophysical survey confirmed and expanded
the area of exploration interest. Hole FJ14 has now demonstrated the vertical
extent of the system to be more than 300m (1,000ft).


Targeting of the next drill hole is facilitated by: (1) the delineation of major
N-S fault zones extending from the Aurora mining district as traced from section
to section in the VTEM geophysical survey, and (2) the high concentrations of
gold in groundwater (greater than 5,000ppt) coincident with the traces of
inferred underlying major fault zones. Gold in groundwater from several depths
from a number of RC drill holes show uniformly anomalous, but much lower gold
concentrations (less than 200ppt), suggesting the source of the high gold
concentrations in groundwater to be from groundwater upwelling from depth along
coincident major high-angle fault zones that potentially localize an oxidizing,
gold ore body somewhere at depth.


Wade A. Hodges, CEO & President of NGE commented: "Previous work by NGE has
demonstrated that the lateral movement of groundwater through a covered setting
over a broad area can identify a large area of unusual groundwater chemistry as
of heightened exploration interest to attract Joint Venture Partners. The
positive results of FJ14 strongly suggest that high concentrations of gold in
groundwater, above locally anomalous concentrations can identify areas of
upwelling groundwater along underlying high-angle fault zones and further focus
exploration resources to efficiently and effectively identify high-priority
exploration drill targets in other areas within the Fletcher Junction property
and perhaps within other properties elsewhere in Nevada."


More detailed information about the Fletcher Junction Project, the results to
date and the continuing drilling program are available at:
http://www.nevadaexploration.com/investor_info/presentations/.


Nevada Exploration Inc.

NGE is an exploration company focused on gold in Nevada. NGE is led by an
experienced management team that has been involved with the discovery of more
than 30 million ounces of gold in Nevada.


NGE is aggressively applying the latest in covered deposit exploration
technology to identify, acquire, and advance new exploration properties in
Nevada's highly prospective, yet underexplored covered basins. Specifically, NGE
has developed proprietary hydrogeochemistry (groundwater chemistry) exploration
technology to explore for gold in Nevada's covered basins where traditional
exploration techniques are challenged.


Using its industry leading exploration technology, NGE has assembled a portfolio
of nine new gold projects, and with over 13,500 hectares (52 sq mi), is evolving
as a major player in this world class jurisdiction. NGE's business model is to
leverage its properties and technology to create shareholder value through
generative exploration, joint ventures, and other exploration partnerships.


Wade A. Hodges, President & CEO, Nevada Exploration Inc., is the Qualified
Person, as defined in National Instrument 43-101, and has prepared the technical
and scientific information contained in this News Release. An ongoing quality
control/quality assurance protocol is being employed during the program
including blank, duplicate and reference standards in every batch of assays.
Gold and multi-element analyses are being performed at American Assay
Laboratories in Sparks, Nevada. 


Cautionary Statement on Forward-Looking Information:

This release contains certain "forward-looking statements" including, without
limitation, expectations, beliefs, plans and objectives regarding the potential
transactions and ventures discussed in this release. Among the important factors
that could cause actual results to differ materially from those indicated by
such forward-looking statements are the risks inherent in mineral exploration,
the need to obtain additional financing, environmental permits, the availability
of needed personnel and equipment for exploration and development, fluctuations
in the price of minerals, and general economic conditions.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nevada Exploration Inc.
James Buskard
Vice President Corporate Development
(775) 359-7740
info@nevadaexploration.com
www.nevadaexploration.com

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