Nevgold (TSX-V: NAU)(OTC: NAUFF) CEO Brandon Bonifacio on Drilling for a Billion Dollar Asset in Nevada

Brandon Bonifacio: Good, thanks, Gerardo. How about yourself?

Brandon Bonifacio: Thanks very much, Gerardo. And I guess with our steadiness of news releases, that also gives us the opportunity to catch up every month, which has been great. Yeah, very excited with what we just came out with. I think we've been extremely steady with our news releases. Like you touched on, it's been month-over-month for the last three months, and we see that continuing for the foreseeable future with a number of other holes at the lab, which look very exciting.

And in terms of the one we just released, I think this is further building on some of our past releases that have occurred at the Resurrection Ridge target area. And then this one was focused on the Cadillac Valley target area. And it's pretty clear, we're building a large mineralized domain of oxide mineralization at Cadillac Valley. And it might be touched on those thick intercepts of 175 meters and 126 meters, put simply, that's how projects and mines are built in Nevada. So very excited with what we're seeing from the drilling to date.

Brandon Bonifacio: Very exciting. And that gets back to what we guided to previously in terms of us seeing, as we worked further south at the Cadillac Valley area, that mineralization did trend more near surface and shallower. So it's great that that was validated. I think with us gaining more data and information with respect to the current drilling and assays coming out of the ground in a timely fashion, we're then able to revise the geological model. And I can say the team's getting a great handle on the ground in terms of what we're seeing and pulling out of the ground from a core standpoint, and then also where some new opportunities are with respect to that entire district scale project that we have based on the geological model being validated. So overall it's very positive, what we're seeing, and I know the team is extremely excited about some of the further holes that we have planned based on some of the results we've seen to date.

Brandon Bonifacio: Yes. We have approximately six to seven holes at the lab currently. So again, we're expecting another release in and around the end of April or beginning of May. So extremely steady. And as I mentioned previously, we're seeing approximately three to four-week turnaround time from the assay lab. So that's awesome that we're actually getting live data from the drill program. And like I said, that gives us the ability to then revise the program accordingly in the midst of it. And we're not waiting for a large batch to come, which comes after the program is completed, so you don't have the ability to actually refine the program as you're currently in it.

Brandon Bonifacio: Yeah, I think it's nice to see the positive validation in the market yesterday on really strong volume. But I don't say this lightly, I think it was a long time coming based on the similar results that we've had to date. And I think that will continue going forward. I think we're still at a very modest valuation in and around Canadian $35 million market cap. And based on some of these results, if we can drive to that near-term resource at Limousine Butte, along with the exploration upside we're seeing at Limousine Butte, Cedar Wash and our Ptarmigan projects, I think there's a lot more room to run from the valuation standpoint. So I think it's a great opportunity to look at Nevgold today. And I think we're going to be very steady over the coming months with more news releases from the drilling, which is very exciting.

Brandon Bonifacio: Thanks, Gerardo. Great catching up.