VANCOUVER, B.C., April 21, 2022 /CNW/ - Nevada Sunrise Gold Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) is pleased to announce that lithium mineralization has been intersected over significant widths in the inaugural drilling program at its 100%-owned Gemini Lithium Project ("Gemini"), located in the Lida Valley basin in Esmeralda County, Nevada. Drilling began in the second week of March 2022 and concluded in the first week of April 2022. Two boreholes were completed for a total of 2,020 feet (615.85 metres) on drill sites located within a defined gravity low that hosts conductive layers detected by historical ground electromagnetic ("EM") surveys.

2022 Drilling Program

Borehole GEM22-01 was drilled to a depth of 900 feet and was terminated in a black, sticky clay that impeded further drilling progress. At 320 feet (97.56 metres), Nevada Sunrise's exploration team observed the presence of a clay layer similar to clay encountered in the Company's 2016-2017 exploration drilling in the Clayton Valley that had carried values of up to 1,400 parts per million ("ppm") lithium. Fourteen samples taken at 20-foot intervals between a depth of 380 feet (115.85 metres) and 520 feet (158.54 metres) from the Gemini clay layer were processed on a rush basis in April 2022 and returned a weighted-average value of 1,177.6 ppm lithium over 140 feet(42.68 metres). Concentrations within this interval ranged from a low of 746.9 ppm lithium to a high value of 1,950.6 ppm lithium. This initial result represents a new discovery of lithium-bearing sediments in the western Lida Valley, which has not been historically drill tested for lithium mineralization.