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News Release

Nevada Exploration Inc. Engages Gravitas Capital as Strategic Consultant


June 27, 2011

Nevada Exploration Inc. (“NGE”) (TSX-V:NGE) is pleased to announce that it has engaged Toronto based Gravitas Capital Corporation (“Gravitas”) as a strategic consultant. Gravitas will work with NGE’s management to expand the market for its Nevada gold projects and its hydrogeochemistry exploration technology.

Gravitas acts as an incubator and catalyst for early stage resource companies. Gravitas has a strong multidisciplinary team with considerable experience and contacts within the resource industry and capital markets.

Discussing working with NGE, Vikas Ranjan, Gravitas Principal: “NGE has established itself as the industry leader in hydrogeochemistry exploration and has proven that there is a market for its projects and technology. Gravitas will be working with NGE to fine tune its corporate strategy and leverage its properties, technology, and expertise to maximize shareholder returns.”

Nevada Exploration Inc.

NGE is an exploration company focused on gold in Nevada. NGE is led by an experienced management team that has been involved with the discovery of more than 30 million ounces of gold in Nevada.

NGE is aggressively applying the latest in “blind deposit” exploration technology to identify, acquire, and advance new exploration properties in Nevada’s highly prospective, yet underexplored covered basins. Specifically, NGE has developed proprietary hydrogeochemistry (groundwater chemistry) exploration technology to explore for gold in Nevada’s covered basins where traditional exploration techniques are challenged.

Using its industry leading exploration technology, NGE has assembled a portfolio of nine new gold projects, and with over 20,000 hectares (75 sq mi), is evolving as a major player in this world class jurisdiction. NGE’s business model is to leverage its properties and technology to create shareholder value through generative exploration, joint ventures, and other exploration partnerships.

 

For further information please contact:

James Buskard
Vice President Corporate Development
Nevada Exploration Inc.
Tel: (775) 359-7740
Toll Free: (888) 263-2110
Email: info@nevadaexploration.com
Website: www.nevadaexploration.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement on Forward-Looking Information:

This release contains certain "forward-looking statements" including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in mineral exploration, the need to obtain additional financing, environmental permits, the availability of needed personnel and equipment for exploration and development, fluctuations in the price of minerals, and general economic conditions.