Nevada Sunrise Announces Increase in Private Placement

NEVADA SUNRISE GOLD CORPORATION

March 24, 2010 For immediate release News Release TSX Venture: NEV

NEVADA SUNRISE ANNOUNCES INCREASE IN PRIVATE PLACEMENT

March 24, 2010, Vancouver, British Columbia – Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSX Venture, NEV) is pleased to announce that further to its news release dated February 19, 2010 announcing a private placement (the “Offering”) of 5,000,000 units at $0.15 per unit, the maximum size of the Offering has been increased by 1,666,666 units to 6,666,666 units at $0.15 per unit (the “Units”) for gross proceeds of up to $1,000,000. Each unit is comprised of one common share and one half of one common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.25 for a period of 12 months from the date of issuance.

Proceeds from the private placement will be used to fund exploration of the Company’s North- American resource properties and for general working capital. Closing of the additional $250,000 of the Offering is subject to the approval of the TSX Venture Exchange and the securities issued pursuant to the private placement will be subject to a four month hold period. Finder’s fees equal to 7% of the proceeds from the sale of the Units and 7% on brokers warrants will be payable to finders in connection with the Offering.

About Nevada Sunrise

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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