NewswireToday - /newswire/ -
Toronto, ON, Canada, 2007/04/11 - Nayarit Gold, Inc. (NYG TSX.V) is a Toronto based junior exploration company dedicated to gold and silver exploration in the proven precious metals disctricts of Mexico.
• Prospecting team returns for second program.
• Prospecting program in 2006 led to several important mineralization discoveries.
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 105,000 hectare Orion Gold Project concessions near Acaponeta in Nayarit State, Mexico. Top priority for their intensive prospecting activity over the next several weeks will be a number of large gold- and/or silver- mineralized systems identified in the last ten months that appear to be open along strike. They will also prospect new areas considered to hold higher potential for interesting mineralization based on ongoing mapping and results obtained elsewhere on the property.
"The return of the team from ASK, winners of the 2007 Bill Dennis Prospectors of the Year award of the Prospectors and Developers Association of Canada, will aid our geologists by covering large areas of the property more quickly as well as doing some first pass work on target areas that the geologists have not yet had time to evaluate." states Michael Dehn, President and CEO. "The teamwork between the prospectors from Newfoundland and the geologists from Mexico, just like last year, will allow new ideas to flow quickly and freely between the two groups and continue to give Nayarit Gold an advantage in targeting mineralization on its lands in Nayarit State."
Nayarit Gold would also like to remind all shareholders and potential shareholders that its Annual Meeting will be held April 18, 2007 at 10 o'clock in the morning in the offices of Nayarit Gold Inc. at 20 Victoria Street, 8th Floor, Toronto, Ontario.
Nayarit Gold will be exhibiting and speaking at the Chicago Natural Resource Conference & Exhibition in Rolling Meadows, Illinois, on April 28, 2007.
We would like to remind all Nayarit Gold shareholders holding warrants that expire at the end of April to deliver all required documentation to Nayarit 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, and its QA/QC procedures in general, are discussed in more detail at its website.
Nayarit Gold, Inc. (nayaritgold.com) is a Toronto based junior resource company dedicated to gold exploration in the proven precious metal districts of Mexico. Management's goal is to build a profitable resource company and maximize shareholder value through successful exploration and early drill testing of the best targets. For further information on Nayarit Gold please visit the company's website or contact Michael A. Dehn, President, CEO and director.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Nayarit, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Nayarit's expectations are exploration risks detailed herein and from time to time in the filings made by Nayarit with securities regulators.