Toronto, Ontario
April 10, 2007
Nayarit Gold - Intensive Prospecting Program Underway on its Acaponeta Area Concessions in Mexico
* Prospecting team returns for second program
* Prospecting program in 2006 led to several important mineralization disco veries
Nayarit Gold Inc. (NYG TSX.V) is pleased to announce the return engagement of Kevin Keats and his A.S.K. Prospecting and Guiding (ASK) team to its 10 5,000 hectare Orion Gold Project concessions near Acaponeta in Nayarit Stat e, Mexico. Top priority for their intensive prospecting activity over the n ext several weeks will be a number of large gold- and/or silver- mineralize d systems identified in the last ten months that appear to be open along st rike. They will also prospect new areas considered to hold higher potentia l for interesting mineralization based on ongoing mapping and results obtai ned elsewhere on the property.
"The return of the team from ASK, winners of the 2007 Bill Dennis Prospecto rs of the Year award of the Prospectors and Developers Association of Canad a, will aid our geologists by covering large areas of the property more qui ckly as well as doing some first pass work on target areas that the geologi sts have not yet had time to evaluate." states Michael Dehn, President and CEO. "The teamwork between the prospectors from Newfoundland and the geolo gists from Mexico, just like last year, will allow new ideas to flow quickl y and freely between the two groups and continue to give Nayarit Gold an ad vantage in targeting mineralization on its lands in Nayarit State."
Nayarit Gold would also like to remind all shareholders and potential share holders that its Annual Meeting will be held April 18, 2007 at 10 o'clock i n the morning in the offices of Nayarit Gold Inc. at 20 Victoria Street, 8t h Floor, Toronto, Ontario.
Nayarit Gold will be exhibiting and speaking at the Chicago Natural Resourc e Conference & Exhibition in Rolling Meadows, Illinois, on April 28, 2007. For more information, please visit http://cmpgnr.com/r.html?c=935327&r== 934577&t?9574600&l=1&d?195964&u=http%3a%2f%2fwww%2echicagogoldc onference%2ecom%2f%2e&g=0&f=-1
We would like to remind all Nayarit Gold shareholders holding warrants that expire at the end of April to deliver all required documentation to Nayari t Gold no later than April 30, 2007 (the expiry date).
William J. Warren Jr., M.Sc., P.Geo is a Qualified Person as defined by NI 43-101 and has reviewed this release. Nayarit's analytical specifically, a nd its QA/QC procedures in general, are discussed in more detail at its web site at www.nayaritgold.com.
Nayarit Gold Inc. is a Toronto based junior resource company dedicated to g old exploration in the proven precious metal districts of Mexico. Manageme nt's goal is to build a profitable resource company and maximize shareholde r value through successful exploration and early drill testing of the best targets. For further information on Nayarit Gold please visit the company's website at www.nayaritgold.com or contact Michael A. Dehn, President, CEO and director at 647-477-2382 or by email at info@nayaritgold.com.
RELATED PRESS RELEASES:
Press Release 12 - 2006 Nayarit Gold Inc. Discovers High Grade Silver on R ecently Staked Claims in Mexico: http://cmpgnr.com/r.html?c=935327&r=93 4577&t?9574600&l=1&d?195965&u=http%3a%2f%2fwww%2enayaritgold%2e com%2fPDFs%2f20060509%2epdf&g=0&f=-1
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.
Press Release 9 - 2007
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Nayarit Gold Inc.
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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. |