Nevada Sunrise Gold Corp.

Nevada Sunrise Increases Size of Non-Brokered Private Placement

Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) (OTC: NVSGF) is pleased to announce an increase to the size of the non-brokered private placement first announced on June 8, 2022 of up to 4,800,000 units, to 6,000,000 units (the "Offering") at a price of $0.25 per unit (the "Units") for gross proceeds of up to $1,500,000. The Units will be issued on the same terms as those previously announced and will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share (a "Warrant Share") at an exercise price of $0.40 per Warrant Share for a period period expiring two years following the closing date of the Offering.

Finder's fees may be payable to parties at arm's length to Nevada Sunrise that have introduced the Company to certain subscribers participating in the Offering. Proceeds of the Offering will be used for exploration on the Company's mineral properties and general working capital. All securities issued in the Offering are subject to a four-month hold period, during which time the securities may not be traded. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available. The Offering is subject to acceptance of the TSX Venture Exchange.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper, cobalt and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise owns 100% interests in the Gemini and Jackson Wash lithium projects, both of which are located in the Lida Valley in Esmeralda County, NV. The Company owns Nevada water right Permit 86863 for 80.09 acre/feet/year, also located in the Lida Valley basin.

The Company's key gold asset is a 20.01% interest in a joint venture with Copaur Minerals Inc. at the Kinsley Mountain Gold Project near Wendover, NV.Kinsley Mountain is a Carlin-style gold project hosting a National Instrument 43-101 compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 g/t Au (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t Au (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t Au 1.

1Technical Report on the Kinsley Project, Elko County, Nevada, U.S.A., dated June 21, 2021 with an effective date of May 5, 2021 and prepared by Michael M. Gustin, Ph.D., and Gary L. Simmons, MMSA and filed under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR (www.sedar.com).

Nevada Sunrise has right to earn a 100% interest in the Coronado VMS Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV. The Company owns a 15% interest in the historic Lovelock Cobalt Mine and the Treasure Box copper properties, each located approximately 150 kilometers (100 miles) east of Reno, NV, with Global Energy Metals Corp. holding an 85% participating interest.

FORWARD LOOKING STATEMENTS

This release may contain forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to the Company's exploration activities and future plans at its mineral exploration projects; reliance on technical information provided by third parties on any of our exploration projects; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Six Months Ended March 31, 2022, which is available under Company's SEDAR profile at www.sedar.com.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.

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Nevada Sunrise Files NI 43-101 Technical Report on Maiden Resource Estimate of 7.1 Million Tonnes LCE for its Gemini Lithium Project, Nevada

Nevada Sunrise Files NI 43-101 Technical Report on Maiden Resource Estimate of 7.1 Million Tonnes LCE for its Gemini Lithium Project, Nevada

Nevada Sunrise Metals Corporation (TSXV: NEV) (OTCBB: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce that the Company has filed a National Instrument 43-101 ("NI 43-101") compliant technical report entitled "NI 43-101 Technical Report, Resource Estimate for Gemini Lithium Project, Esmeralda County, Nevada " (the "Technical Report"), effective January 15, 2024 and dated March 8, 2024 on SEDAR and on the Company's website.

The Technical Report relates to an independent maiden resource estimate at the Gemini Lithium Project ("Gemini") completed by ABH Engineering Inc. ("ABH") of Surrey, BC , Canada . There are no material differences in the Inferred mineral resource reported in the Company's news release of January 23, 2024 and that as described in the Technical Report.

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Nevada Sunrise Releases Maiden Resource Estimate of 7.1 Million Tonnes LCE on its Gemini Lithium Project, Nevada

Nevada Sunrise Releases Maiden Resource Estimate of 7.1 Million Tonnes LCE on its Gemini Lithium Project, Nevada

Nevada Sunrise Metals Corporation (TSXV: NEV) (OTCBB: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce that ABH Engineering Inc. ("ABH") of Surrey, BC Canada has completed a maiden resource estimate on the Gemini Lithium Project ("Gemini", or the "Project") in Nevada, USA within the regulations of National Instrument 43-101 (the "Technical Report"). Nevada Sunrise plans to file the Technical Report within the next 45 days. It comprises a detailed review of the completed exploration programs, an Inferred resource estimate, interpretations and conclusions and recommendations for the next phase(s) of work.

The Gemini resource estimate was based on geochemical analyses for lithium from composite samples of material collected from the rotary splitter in the reverse circulation ("RC") drilling rigs contracted by the Company, which produced a continuous, representative 3 to 5 kilogram sample for each sample interval (see Nevada Sunrise news releases dated April 21, 2022 , April 28, 2022 , May 18, 2022 , and May 24, 2023 ). Results of the drilling proved the existence of clays mineralized with lithium, exhibiting very good geological continuity; the Inferred resource was calculated for lithium carbonate hosted in the clays.

News Provided by Canada Newswire via QuoteMedia

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Nevada Sunrise Announces Second Amendment to Option Agreement for Coronado VMS Property in Nevada

Nevada Sunrise Announces Second Amendment to Option Agreement for Coronado VMS Property in Nevada

Nevada Sunrise Metals Corporation (" Nevada Sunrise " or the "Company") (TSXV: NEV) (OTC: NVSGF) announced today that it has negotiated an amendment to the terms of an option agreement (the "Agreement") whereby the Company has the right to purchase a 100% interest in the Coronado VMS property (" Coronado ", or the " Property "), located in the Tobin Sonoma Range of Pershing County, Nevada approximately 30 miles (48 kilometres) southeast of Winnemucca . A definitive Agreement was announced on September 28, 2018 and a first amendment to the Agreement was announced on January 31, 2022 .

Nevada Sunrise Metals Corporation Logo (CNW Group/Nevada Sunrise Metals Corporation)

Details of the Coronado Amended Option Agreement Terms

Nevada Sunrise retains the right to acquire a 100% interest in Coronado , subject to a 2.0% net smelter returns royalty, with certain buydown provisions, in consideration for the amended cash and share payments to the vendors and minimum exploration expenditures as described below (all dollar amounts listed are in US dollars):

Coronado VMS Project –Amendments to Schedule of Payments and Expenditures

Payment Due Dates

Cash Payments (Previous)

Amended Cash Payments (2023)

Share Payments (Previous)

Amended Share Payments (2023)

Minimum Exploration Expenditures (Previous)

Amended Minimum Exploration Expenditures (2023)

Sept. 25, 2021

$50,000 (paid)

n/a

500,000 (issued)

n/a

$300,000

$300,000

Sept. 25, 2022

$50,000 (paid)

n/a

500,000 (issued)

n/a

$300,000

$300,000

Sept. 25, 2023

$50,000

NIL

500,000

750,000

$300,000

NIL

Sept. 25, 2024

$50,000

$75,000

500,000

750,000

$300,000

$300,000

Sept. 25, 2025

$50,000

$75,000

500,000

500,000

$300,000

$300,000

Sept. 25, 2026

$1,050,000

$1,050,000

600,000

600,000

NIL

$300,000

Nevada Sunrise retains the right to accelerate the timing of cash and share payments to the vendors at its discretion. If minimum exploration expenditures, which include property maintenance costs, are exceeded in any year, the excess expenditures will be credited to a succeeding year. An advance royalty payment of $500,000 would be payable to the vendors upon completion of a feasibility study.

The second amendment to the Agreement for Coronado is subject to acceptance by the TSX Venture Exchange.

For more information about Coronado , including maps and photos, click here

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC , Canada , that holds interests in lithium, gold, and copper exploration projects located in the State of Nevada, USA .

Nevada Sunrise owns 100% interests in the Gemini, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley basin in Esmeralda County, NV , located just east of the Clayton Valley basin, which hosts the only producing lithium mine in the United States operated by Albemarle Corp. at Silver Peak, NV. The Company owns Nevada water right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

The Company's key gold asset is an 18.74% interest in a joint venture at the Kinsley Mountain Gold Project near Wendover, NV with CopAur Minerals Inc. Kinsley Mountain is a Carlin-style gold project hosting a National Instrument 43-101 compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 g/t Au (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t Au (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t Au 1 .

1 Technical Report on the Kinsley Project, Elko County, Nevada , U.S.A., dated June 21, 2021 with an effective date of May 5, 2021 and prepared by Michael M. Gustin , Ph.D., and Gary L. Simmons , MMSA and filed under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR ( www.sedar.com ).

Nevada Sunrise has the right to earn a 100% interest in the Coronado VMS Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

FORWARD LOOKING STATEMENTS

This release may contain forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to future plans for exploration at Coronado ; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Nine Months ending June 30 , 2023,  which is available under Company's SEDAR profile at www.sedar.com .

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nevada Sunrise Metals Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/12/c3358.html

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Nevada Sunrise Produces 3-D Model for the Gemini Lithium Project, Nevada

Nevada Sunrise Produces 3-D Model for the Gemini Lithium Project, Nevada

Nevada Sunrise Metals Corp. (" Nevada Sunrise ", or the " Company ") (TSXV: NEV) (OTC: NVSGF) is pleased to announce the production of an animated 3-D geological and geophysical model for its 100%-owned Gemini Lithium Project (" Gemini ", or the " Project "). Gemini is located in the Lida Valley basin in Esmeralda County, Nevada where Nevada Sunrise made a significant lithium-in-sediment discovery by drilling in 2022 and 2023.

The 3-D model (the " Model ") was produced by Walker Lane Research Partners, LLC (" Walker Lane , LLC ") of Oak Harbour, WA, based upon the results of detailed gravity surveys performed in the Lida Valley in 2012-2013 by a team from the University of Texas Dallas (" UT Dallas "), led by Dr. John Oldow , Ph.D. Dr. Oldow, a technical advisor to Nevada Sunrise, retired from UT Dallas in 2018 and is a cofounder of Walker Lane, LLC. His proprietary gravity data and geological determinations were combined with the results of time-domain electromagnetic (" TDEM ") surveys carried out by Nevada Sunrise in 2016 and 2022 to produce the Model. A still image taken from the Model is shown in Figure 1 below and the entire animated Model can be viewed here:

News Provided by Canada Newswire via QuoteMedia

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NEVADA SUNRISE TO REVISE AMENDMENT APPLICATION OF WARRANT TERMS AND GRANTS STOCK OPTIONS

NEVADA SUNRISE TO REVISE AMENDMENT APPLICATION OF WARRANT TERMS AND GRANTS STOCK OPTIONS

/NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES/

Nevada Sunrise Metals Corporation (" Nevada Sunrise ", or the " Company ") (TSXV: NEV) (OTC: NVSGF) announced today that its pending application to the TSX Venture Exchange (the " TSXV ") to amend the terms of 7,500,000 common share purchase warrants issued on June 29, 2022 (the " 2022 Warrants ") will be revised (see Nevada Sunrise news release dated November 10, 2023 ).

News Provided by Canada Newswire via QuoteMedia

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5 Top Weekly TSXV Stocks: Gold Stocks Gain as Metal Soars Above US$2,200

The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 1.41 points last week to close at 552.31.

At its latest meeting this past Tuesday (March 19) and Wednesday (March 20), the US Federal Reserve decided to continue holding its benchmark interest rate at 5.25 to 5.5 percent. Chair Jerome Powell indicated that before it begins reducing rates, the central bank wants to see more data showing inflation is moving toward its 2 percent target.

He also said the Fed is still anticipates three cuts before the end of 2024, but declined to say when they will begin.

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Merger of Brightstar Resources Limited and Linden Gold Alliance Limited

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Brightstar Makes Recommended Takeover Offer for Linden Gold Alliance Limited

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Brightstar Resources Limited (ASX: BTR) – Trading Halt

Description

The securities of Brightstar Resources Limited (‘BTR’) will be placed in trading halt at the request of BTR, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 27 March 2024 or when the announcement is released to the market.

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Nevada Sunrise Metals

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