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Nevada Gold Holdings, Inc. (OTCBB: NGHI), a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, announced today that John N. Braca has joined the Company’s Board of Directors.

“We welcome John to our Board,” said CEO David Rector. “He is a recognized authority in corporate governance issues and with his strong financial and operational experience, he will strengthen the composition of our Board. We are very pleased that he has agreed to join our board.”

“This is an excellent opportunity for me to join the Company at this stage of their existence. I am looking forward to working with David and the team as they carry out their exploration and development plans,” said John Braca. “I believe there are additional gold exploration prospects that the Company will have opportunities to pursue above and beyond the Tempo project. At this time we are focused on finding a world class deposit on the Tempo prospect which, if and when we do, would significantly increase value in the Company and build shareholder value.”

Braca currently serves as a director and member of the Audit and Compensation Committees of Senesco Technologies, Inc. He has also served as a board member and board observer for other healthcare, technology and biotechnology companies over the course of his career.

Since April 2006, Braca has been the managing director of Fountainhead Venture Group, a healthcare information technology venture fund providing investment and business consulting services to evolving businesses. Braca has held various finance and operational positions of increasing responsibility within several subsidiaries and business units of GlaxoSmithKline including business advisor to the GlaxoSmithKline research and development operations and general partner and director of business investments for S.R. One, Limited, the venture capital subsidiary of GlaxoSmithKline. Braca was also a general partner of Euclid SR Partners Corporation, an independent venture capital partnership.

Braca is a licensed Certified Public Accountant in the state of Pennsylvania and is affiliated with the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants. He has a degree in accounting from Villanova University and an MBA from Saint Joseph’s University.

About Nevada Gold Holdings, Inc.

Headquartered in Walnut Creek, CA, Nevada Gold Holdings, Inc. engages in the acquisition, exploration, and development of gold properties. The Company’s experienced management seeks to identify world class gold deposits by applying advanced geological and geophysical methods to high potential exploration properties located in the productive gold mining regions of Nevada. The Company currently holds a lease on one property, the Tempo prospect, located approximately 20 miles northwest of Austin, Nevada. Tempo consists of 206 contiguous unpatented lode claims, totaling about 4000 acres, and is located within the north-south trending Rabbit Creek Gold Trend. The Company’s current plan is to explore for gold at Tempo and to acquire future exploration prospects, and ultimately to develop Nevada Gold Holdings into a successful exploration company.

More information about the Company may be found at: www.nevadagoldholdings.com

Forward-Looking Statements

Certain statements in this press release that are not historical facts are "forward-looking statements." Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital to fund its current and proposed planning, exploratory, and drilling activities; (ii) the risk that a commercially exploitable gold deposit will not be found on the Company’s property; (iii) the Company’s ability to locate and acquire future exploration prospects; (iv) the Company’s ability to attract and retain qualified professionals; (v) the price of gold on the world markets; (vi) competitive factors and developments beyond the Company's control; and (viii) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

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