Nevada Sunrise Announces Non Brokered Private Placement

NEVADA SUNRISE GOLD CORPORATION

November 5, 2010 For immediate release News Release TSX Venture: NEV

NEVADA SUNRISE ANNOUNCES NON BROKERED PRIVATE PLACEMENT

November 5, 2010, Vancouver, British Columbia – Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSX Venture, NEV) is pleased to announce a non-brokered private placement (the “Offering”) consisting of up to 2,000,000 units (the “Units”) at a price of $0.20 per Unit, for aggregate gross proceeds of up to $400,000 CDN. Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase an additional common share (a “Warrant Share”) at a price of $0.30 for a period of 24 months from the date of issuance, subject to acceleration on 30 days notice if the Company’s common shares trade at a price greater than $0.50 for a period of 10 or more trading days.

The Offering is subject to approval of the TSX Venture Exchange.

Proceeds from the Offering will be used to fund the exploration of the Company' s North- American resource properties and as general working capital.

About Nevada Sunrise

Nevada Sunrise Gold Corp. is a gold exploration company that has a portfolio of five projects in Nevada. The Company controls about 15,200 acres (6,150 hectares). Two of the projects are in exploration earn-in joint venture agreements for up to $12 million in work commitments. The Company applies the exploration experience and technical skills of its founders to search for and acquire new gold exploration projects that are developed internally and then offered for joint venture.

For the latest details on the Company, its properties, management team and philosophy, please visit our website at www.nevadasunrise.com.

FOR FURTHER INFORMATION:

William B. Henderson President and Chief Executive Officer Telephone: (530) 887-9901 Facsimile: (530) 884-3822

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.

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