NGE Nevada Exploration Inc

Nevada Exploration Inc. (TSX VENTURE:NGE) ("NGE") is pleased to announce that it
has used its proprietary hydrogeochemistry exploration technology to delineate a
new exploration target exhibiting high concentrations of gold in groundwater on
the south-east edge of Grass Valley, along a regionally important structural
corridor known to host world class gold mineralization to the north. NGE has
secured the target to establish the South Grass Valley Project by staking 186
unpatented mining claims covering 1,500 hectares (3,700 acres). The Project is
located in north-central Nevada, approximately 50 kilometres (32 miles) south
southwest of Barrick Gold Corp.'s Cortez Pipeline property, one of the world's
largest and lowest cost gold mines, and approximately 30 km (18 miles) south of
the northern Grass Valley Project, which is presently being advanced by McEwen
Mining Inc. under an exploration partnership with NGE.


The South Grass Valley Project

NGE identified the South Grass Valley Project as part of its regional
hydrogeochemistry exploration program. Because of its prospective regional
geology and proximity to world class gold deposits, NGE considered Grass Valley
to be a high priority area of interest and collected groundwater samples across
the valley using NGE's proprietary hydrogeochemistry exploration technology. NGE
began its sampling efforts at the northern end of valley, and the first target
NGE identified was the Grass Valley Project (please refer to previous news
releases detailing the exploration agreement with McEwen Mining Inc.). As NGE
continued to collect groundwater samples further south in Grass Valley, NGE
delineated a second area of highly anomalous gold in groundwater at the South
Grass Valley Project.


In terms of its regional geologic context, the South Grass Valley Project lies
along the same inferred deep-seated structural corridor as the Grass Valley
Project to the north, which heads south-southwest from Barrick Gold Corp.'s
Cortez Property, a series of large Carlin-type gold deposits primarily hosted in
deeper lower plate bedrock. At the project scale, initial geologic mapping has
established the presence of lower plate carbonate rocks outcropping within and
adjacent to the Project claim boundary. These features of geologic significance
have recently attracted the attention of other exploration groups; however,
because much of the target is covered by a layer of sand and gravel, their
efforts have predominantly been limited to the areas adjacent to the outcropping
lower plate carbonate rocks near the periphery of the Project. NGE is the first
to use hydrogeochemistry exploration technology to evaluate the covered portion
of the Project.


In addition to the high concentrations of gold in the groundwater, there are
several other geologic features of interest at the South Grass Valley Project
that NGE believes help to establish the prospectiveness of the Project. Based on
the regional air magnetic geophysics dataset, the granitic intrusive rocks of
Jurassic age that outcrop in the southwest corner of the Project are associated
with a broad magnetic response interpreted to relate to similar-aged intrusive
bodies both at depth on the Project and elsewhere in the region. Of particular
note, the mineralized Jurassic-aged Mill Canyon stock at Cortex Hills to the
north is spatially associated with, and believed to be important in preparing
the ground for, the later Tertiary-aged, Carlin-Type gold mineralization.
Complementing the air magnetic geophysics, the regional gravity geophysics
dataset suggests the Project is underlain by shallow bedrock adjacent to the
lower plate carbonate outcrop. Together, the high concentration of gold in
groundwater, the regional geologic context, the project scale mapping, and the
regional geophysics datasets suggest the possibility that lower plate rocks
associated with mineralization could be present at economic depths at the South
Grass Valley Project, and NGE believes the Project represents a compelling new
exploration target in a part of Nevada known for large, multi-million ounce gold
deposits.


Discussing NGE's South Grass Valley Project, Wade Hodges, NGE's President & CEO:
"The market conditions facing our industry present difficult and challenging
choices. We remain committed to our belief that exploring for new gold deposits
in the underexplored covered basins of Nevada, the world's highest gold producer
per unit area, represents the most exciting opportunity anywhere in world for
our industry, and that hydrogeochemistry is the best tool to capitalize on this
opportunity. Because we have focused our resources and efforts to develop and
advance our high value, low cost, hydrogeochemistry exploration technology, NGE
is well positioned to continue to generate new opportunities for our
shareholders to participate in the upside of new high quality exploration
projects while many in the industry are sitting on the sidelines."


Grass Valley Project Update

In the three months since NGE's most recent news release about the Grass Valley
Project, NGE and McEwen Mining Inc. have worked together to complete a higher
density groundwater sampling program across the Project, as well as to complete
further surface geochemistry sampling. At this time, the data from these
additional sampling programs is being integrated into the Project's exploration
model, and McEwen Mining Inc. has expressed that it plans to move towards
permitting and drilling a series of stratigraphic test drill holes at the
Project.


Fletcher Junction Project Update

As detailed in NGE's news release dated September 30, 2012, NGE's former
exploration partner at Fletcher Junction only assayed approximately 40% of the
core samples from their second drill hole completed earlier this year. NGE has
submitted the remaining samples to be assayed, and plans to provide a more
comprehensive update on the Fletcher Junction Project once the assay results
have been received and integrated with NGE's previous drilling results.


Additional Work at McEwen Mining Inc.'s Gold Bar and Tonkin Properties

Following up on the initial work completed primarily in 2011 (see NGE news
release dated June 6, 2011), McEwen Mining Inc. has engaged to NGE collect
additional groundwater samples on and around McEwen Mining Inc.'s large land
position at its Gold Bar and Tonkin Properties in Nevada. As per the agreement,
NGE receives a fee for its services, as well as a 0.5 to 1.0% Net Smelter Return
Royalty on new resources associated with anomalous hydrogeochemistry that were
not already contained in NI 43-101 compliant resources published prior to the
date of the agreement. Based on the results to date, NGE believes that there are
several compelling exploration targets associated with high concentrations of
gold in groundwater on the Gold Bar and Tonkin Properties, and NGE is pleased to
be continuing to work with McEwen Mining Inc. on these Properties.


Annual General and Special Meeting

On October 30, 2013, NGE held its Annual General and Special Meeting. All
business before the meeting was approved by shareholders, including the election
of directors, re-appointment of NGE's auditor, and the re-approval of NGE's
stock option plan. John Ryan and Antonio Ponte did not stand for re-election to
the Board. NGE wishes to kindly thank both Mr. Ryan and Mr. Ponte for their
contribution and service. NGE also wishes to sincerely thank its shareholders
for their continued support.


About 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 covered 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 new gold projects, and with interests in 135 square kilometres (52 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.


Wade A. Hodges, President & CEO, Nevada Exploration Inc., is the Qualified
Person, as defined in National Instrument 43-101, and has prepared the technical
and scientific information contained in this News Release.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nevada Exploration Inc.
James Buskard
Vice President Corporate Development
1 (888) 263 2110
info@nevadaexploration.com
www.nevadaexploration.com

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