NSGold Corp.

NSGold announces that NSX Silver Inc., a wholly-owned subsidiary of NSGold Corporation, has filed a preliminary prospectus with the securities commissions of each of the provinces of Canada in connection with a distribution of NSX Silver common shares to the shareholders of NSGold by way of dividend in kind.

NSGold has received assay results for diamond drill holes NSG-25-11, NSG 27-11 and NSG 28-11 at its wholly owned Mooseland Gold Project in Halifax County, Nova Scotia. NSG-25-11 was a deepening of NSG-25-10 abandoned last year due to weather conditions. NSG-26-10 was completed in the 2010 program. NSGold has completed a total of eight drill holes on the East Zone and four of nine holes planned for the West Zone [...]

NSGold announces that as a result of a review by the British Columbia Securities Commission ("BCSC"), it is issuing this news release to clarify certain technical disclosure relating to its Mooseland, Dios Padre and Leipsigate properties. Amended NI 43-101 Technical Report filed for Mooseland. As a result of the BCSC review, NSGold has prepared and filed an amended technical report for the Mooseland gold project [...]

NSGold is pleased to provide the following update with respect to its various activities. Mooseland Gold Project: A total of seven diamond drill holes have been completed thus far on the East Zone at Mooseland, including the deepening of Hole #NSG-25-10 from last year's drilling program. One more drill hole is planned for the East Zone after which the drill will be moved over to the West Zone. A total of 5,000 [...]

NSGold has unveiled an expansive second phase of drilling exploration planned for 5,000 meters at its wholly owned Mooseland gold property, located in Halifax County, Nova Scotia. This second phase of drilling by NSGold will test under-explored areas in the historic drilling zones as well as complete several holes planned for last year's program that were not possible due to adverse weather conditions at the time [...]

NSGold is pleased to announce that it has completed a private placement of 8,627,451 common shares at a price of $0.51 per share, for gross proceeds to NSGold of $4.4 million. NSGold will use the net proceeds from the private placement for working capital and for funding of its new subsidiary, NSX Silver Inc., as announced by NSGold on July 13, 2011 by way of press release.

NSGold announces that it is planning a private placement of up to 8,627,451 common shares at a price of $0.51 per share, for gross proceeds to NSGold of up to $4.4 million. NSGold will use the proceeds from the proposed private placement for working capital and for funding of its new subsidiary, NSX Silver Inc., as announced by NSGold on July 13, 2011 by way of press release.

NSGold is pleased to report that it has acquired, through claim staking, a total of 3,000 hectares near its Dios Padre property in the Municipality of Yecora, State of Sonora, Mexico. These claims are contiguous and surround ground, held by other parties, which is adjacent to NSGold's Dios Padre property. The claims are located 270 km by road east of Hermosillo, the capital of the State of Sonora, and 30 km west of [...]

NSGold is pleased to announce that it has started the process to separate its Nova Scotia assets (gold, base metals and rare earths) and Mexican assets (silver) into two separate public companies. NSGold's intention is to distribute to its shareholders, on a share-for-share basis, all of the shares of a newly-incorporated company, NSX Silver Inc., which will indirectly hold NSGold's Mexican silver properties [...]

NSGold is pleased to provide the following update on corporate activities. Annual General and Special Meeting: The Annual General and Special Meeting of the shareholders was held in Halifax, Nova Scotia on June 16, 2011 and all matters of business were passed including the authorization to change the name of the Corporation to "NSX Resources Corp." The change of name was put forward in light of the diversified [...]