Halifax, Nova Scotia

September 2, 2008

Press Release 015 - 2008

Nayarit Gold Announces Appointment of Mr. Hall Stewart as Vice President of Exploration

Nayarit Gold Inc. (TSXV: NYG) is pleased to announce that Mr. Hall Stewart has joined the Company as a Technical Consultant, and on October 6, 2008 will assume the role as Vice President of Exploration.

Mr. Stewart has more than twenty years of experience in exploration and resource development, and an impressive track record of discovery in Mexico. Between 1995 and 2006, Mr. Stewart was involved in discoveries totaling 6.98 million gold-equivalent ounces at the Magistral, Ocampo and Palmarejo projects in Mexico. Mr. Stewart�s work was instrumental in the discovery and development of the Palmarejo and Guadalupe deposits which were sold to Coeur d�Alene Mines Corp. for $1.1 Billion dollars.

We are extremely pleased to have Hall join our team," stated Colin Sutherland, President & CEO.  "Hall's technical background will be very valuable as we continue to aggressively move the Orion Precious Metals District forward."

The Board of Directors and management would like to thank Mr. William J. Warren, the Corporation�s former Vice President of Exploration, for his valuable contribution to the company.

The Board of Directors has granted 360,000 options under the incentive stock option plan previously approved by shareholders to Mr. Stewart. The options are exercisable at $0.68 and will expire on August 29, 2013.

Nayarit Gold Inc. is a junior resource company dedicated to gold exploration in the Orion precious metals district.  Management�s goal is to build a profitable resource company and maximize shareholder value through successful exploration programs and continued development.  

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

Mr. Colin P. Sutherland

President & CEO

(902) 252-3833

info@nayaritgold.com