Nevada Gold Holdings Inc. Stakes New Lode Mining Claims on Tempo Prospect

Nevada Gold Holdings, Inc. a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that the Company has staked an additional 60 claims, an additional 1200 acres, contiguous to the existing 146 claims. These 206 claims, comprising approximately 4000 acres or 6.3 square miles, have been located to cover a district-scale gold deposit prospect on the Rabbit Creek Gold Trend, a prolific Nevada gold belt containing at least 80 million known ounces of gold.

There have been approximately 160 holes drilled on the Tempo property. Most of these holes were very shallow and tested only the very near surface expressions of several gold and pathfinder metal anomalies. Dave Mathewson, President and Chief Geologist of Nevada Gold Holdings Inc., believes that deeper target opportunities are present. Tempo has abundant data generated by previous companies, including geologic maps, rock and soil geochemistry and drill hole logs and assays. A detailed gravity survey was completed in 2007. At least 10 new drill targets have been synthesized from the integrated data.

Dave Mathewson states, “With these additional claims, I believe we have expanded our target area and enhanced our ability to make gold deposit discoveries within the Tempo project area. This will enable us to provide additional focus in areas where I feel previous exploration companies have barely scratched the surface when it comes to discovering large gold deposits in this region.”