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Nayarit Gold Inc.

Publié le 08 juin 2007

announces appointment of Colin P. Sutherland as President and Chief Executive Officer

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Nayarit Gold announces appointment of Colin P. Sutherland as President and Chief Executive Officer

Nayarit Gold Inc. (TSXV: NYG) is pleased to announce the appointment of Mr. Colin P. Sutherland as President and Chief Executive Officer, effective im mediately.

"Through my consulting mandate, I quickly recognized the tremendous potenti al of the Orion Gold Project and I am excited about the opportunity," state d Mr. Sutherland. "Our short term objective is to finalize the drill contr act next week onsite, and immediately commence a systematic drill program o n the main targets identified. Over the coming months, we will continue to build the Nayarit team with individuals that have experience developing a growth and results oriented Company."

Mr. Sutherland is a Chartered Accountant with extensive management and fina ncial market experience. He recently served as Chief Financial Officer of Gammon Lake Resources Inc. (TSX: "GAM"; AMEX: "GRS"), and Mexgold Resource s Inc. (TSXV: "MGR"). During his three years at Gammon Lake Resources Inc. , Mr. Sutherland was an instrumental part of the management team which plac ed the Ocampo Mine (gold and silver - Chihuahua State, M�xico) into produ ction, and completed the successful merger with Mexgold Resources Inc. Dur ing his tenure there, Gammon Lake's market capitalization grew from $300 mi llion to over $2 billion.
Nayarit is also pleased to announce the appointment of Mr. Colin P. Sutherl and and Mr. R. Glen MacMullin to the Board of Directors. Mr. MacMullin is currently a Managing Director with Xavier Sussex, LLC, a private investment firm he co-founded in 2004. Prior to 2004, he was Director and Chief Oper ating Officer with DB Advisors, LLC, a $6 billion hedge fund group based in New York and wholly owned by Deutsche Bank AG. He previously served in va rious positions with Deutsche Bank Offshore in the Cayman Islands including Head of Investment Funds. Mr. MacMullin began his career in public accoun ting with Coopers & Lybrand in Ottawa, Canada and KPMG in the Cayman Island s. He holds a Bachelor of Business Administration degree from Saint Franci s Xavier University and is a member of the Canadian Institute of Chartered Accountants.

Mr. Shahe Sabag resigned from the Board of Directors effective immediately. The Board would like to thank him for his services.

Nayarit's board of directors granted a total of 50,000 stock options to dir ectors and consultants of Nayarit at an exercise price of $0.90 per share e xpiring on June 6, 2012.

Nayarit Gold Inc. is a Toronto based junior resource company dedicated to g old exploration in the proven precious metal districts of M�xico. Manage ment's goal is to build a profitable resource company and maximize sharehol der value through successful exploration and early drill testing of the bes t targets.

For further information on Nayarit Gold please visit the company's website at www.nayaritgold.com or contact:

Mr. Colin P. Sutherland
President & CEO
(647) 477-6264
info@nayaritgold.com

CAUTIONARY STATEMENT

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or oth er regulatory authority has approved or disapproved the information contain ed herein. This News Release includes certain "forward-looking statements" .. All statements other than statements of historical fact, included in thi s release, including, without limitation, statements regarding potential mi neralization and reserves, exploration results, and future plans and object ives of Nayarit, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will pro ve to be accurate and actual results and future events could differ materia lly from those anticipated in such statements. Important factors that coul d cause actual results to differ materially from Nayarit's expectations are exploration risks detailed herein and from time to time in the filings mad e by Nayarit with securities regulators.

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Nayarit Gold Inc.

CODE : NYG.V
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Nayarit Gold est une société d’exploration minière d'or basée au Canada.

Nayarit Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 47,0 millions CA$ (46,4 millions US$, 35,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 1,92 CA$, et son plus bas niveau récent le 21 novembre 2008 à 0,25 CA$.

Nayarit Gold possède 87 091 000 actions en circulation.

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Financements de Nayarit Gold Inc.
28/07/2008Announces Closing of Brokered Private Placement of $10 Milli...
10/07/2008$10 Million Brokered Private Placement is Fully Subscribed
10/07/2008Announces BMO Capital Markets as Lead Agent and Increase in ...
27/05/2008Proposes Brokered Private Placement of $7 Million
11/01/2008Completes Non-Brokered Private Placement of $2,273,000
02/01/2008Proposes a Non-Brokered Private Placement of up to $2.2 Mill...
05/11/2007Completes $3.3 Million Private Placement with the MineralFie...
21/03/2006closes $3 million non-brokered private placement financing
Attributions d'options de Nayarit Gold Inc.
17/05/2007announces strategic consulting appointment and Grants of sto...
Nominations de Nayarit Gold Inc.
02/09/2008Announces Appointment of Mr. Hall Stewart as Vice President ...
29/04/2008Announces appointment of Megan Spidle as Chief Financial Off...
23/01/2008Announces appointment of Mr. Bradley H. Langille as Strategi...
10/12/2007announces appointment of Terry Christopher, Ph.D. as Chief G...
06/09/2007announces appointment of William J. Warren, Jr. as Vice Pres...
10/08/2007Announces Appointment of National Media Associates
10/07/2007announces appointment of Mr. Donald F. Flemming to the Board...
08/06/2007announces appointment of Colin P. Sutherland as President an...
23/04/2007announces management appointments and Reminds holders of upc...
Rapports Financiers de Nayarit Gold Inc.
12/11/2007Files Third Quarter Statements
Projets de Nayarit Gold Inc.
10/02/2009(Orion Project)intersects 31.08 metres of 10.5 g/t gold and 333 g/t silver,...
21/01/2009(Orion Project)intersects 11.95 metres of 12.4 g/t gold equivalent, or 742 ...
17/12/2008intersects 24.51 metres of 16.65 g/t gold equivalent,
02/12/2008(Orion Project)intersects 30.5 metres of 6.43 g/t gold equivalent, or 2.03 ...
18/11/2008(Orion Project)intersects 3.89 g/t gold equivalent over 24.68 metres
24/09/2008intersects 15.08 g/t gold equivalent over 6.8 metres or 4.34...
14/05/2008(Orion Project)drills 48.35 metres of 2.74 g/t gold and 218 g/t silver, or ...
13/05/2008(Orion Project)consolidates the famous Orion Silver-Gold Mining District
02/04/2008(Orion Project)Makes discovery of new vein system at Orion Project
13/02/2008(Orion Project)intersects gold and silver at depth of 498.5m at the Orion D...
15/11/2007(Orion Project)Encounters high grade gold and silver intercept in Orion Dis...
24/10/2007(Orion Project)encounters another high grade gold and silver intercept in O...
25/09/2007encounters additional high grade gold and silver
16/08/2007(Orion Project) Encounters high grade gold and silver at Orion District
24/07/2007Announces Drilling has Commenced on High Grade Minas de Anim...
05/04/2007High Grade Gold Discovered at El Carriso - Bonanza 1 Concess...
28/03/2007(Orion Project)Technical Report Received for the Orion Gold Project
05/06/2006dicovers Bonanza grade gold and silver; 2 new copper discove...
26/05/2006adds to land position and makes a new copper discovery
29/03/2006New mineralized system discovered - up to 909 gpt silver ove...
06/03/2006Substantial increases in land position and exploration targe...
Communiqués de Presse de Nayarit Gold Inc.
16/09/2008intercepts 19.26 g/t gold equivalent or 6.26 g/t gold and 64...
31/10/2007Jr. Hits MORE Excellent Results on the 175M OZ GOLD Carlin T...
11/10/2007Nayarit Gold encounters 9.59 g/t gold and 980.15 g/t silver,...
26/06/2007announces Phase One 7,000-metre drill program
10/04/2007Intensive Prospecting Program Underway on its Acaponeta Area...
31/03/200638.6 gpt Au and 8030 gpt Ag over 1.4m returned from undergro...
10/01/2006 20.8 gpt gold over 7.0 m in parallel zone at OMZ
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