Nayarit Gold Inc. announced positive metallurgical results from its Orion District. SGS Mineral Services ('SGS') of Durango, Mexico was retained by the Company to complete a preliminary metallurgical investigation on the Del Norte Deposit to determine the amenability of the ore to direct cyanidation, gravity concentration and flotation. The Company has been working with SRK Consulting who are is in the process of finalizing the NI 43-101 resource calculation with an estimated release date scheduled for next week. The ore at Orion responded very well to straight bottle roll leaching. Leaching of the flotation products also recorded high recoveries. The company is examining optimization of these processes to determine the best economics including increasing recoveries and reducing reagent consumption. The recoveries obtained in the bottle roll test for the low-grade sample were higher than anticipated allowing the company to evaluate more of the open-pit potential at Orion. Recoveries obtained by bottle roll leaching ranged between 96.4% and 85.3% for gold (average 92%) and between 87.6% and 81.5% and for silver (average 85.2%). Recoveries obtained by flotation and subsequent leaching of the flotation concentrate and tails returned overall recoveries between 88.7% and 88.2% and for gold (average 88.5%) and between 82.1% and 71.1% and for silver (average 76%). Recoveries obtained by flotation and subsequent leaching of the flotation concentrate and tails returned overall recoveries between 88.7% and 88.2% and for gold (average 88.5%) and between 82.1% and 71.1% and for silver (average 76%). SGS also carried out gravity tests using the Knelson Concentrator. The results from these tests showed about two times increase in grade of the concentrate over the head ore, generally in about 30% of the feed mass. The results did indicate the ore does not have a nugget issue.

Nayarit Gold, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2009. For the quarter, the company reported net loss of CAD 646,271 or CAD 0.01 basic and diluted loss per share compared to net loss of CAD 820,763 or CAD 0.02 basic and diluted losses per share for the same period last year. The company reported loss before other income of CAD 655,182 compared to CAD 821,196 for the same period last year. The company reported net cash used in operating activities of CAD 598,280 and exploration of property expenditures of CAD 3,015,980 compared to net cash generated from operating activities of CAD 218,862 and exploration of property expenditures of CAD 1,389,900 for the same period last year. For the nine months, the company reported net loss of CAD 2,119,649 or CAD 0.03 basic and diluted loss per share compared to net loss of CAD 2,364,357 or CAD 0.05 basic and diluted losses per share for the same period last year. The company reported loss before other income of CAD 2,169,439 compared to CAD 2,379,463 for the same period last year. The company reported net cash used in operating activities of CAD 1,395,902 and exploration of property expenditures of CAD 9,081,720 compared to net cash used in operating activities of CAD 564,182 and exploration of property expenditures of CAD 3,161,472 for the same period last year. The company reported purchase of property, plant and equipment of CAD 13,899 compared to CAD 136,925 for the same period last year.

Nayarit Gold Inc. report additional drill results from its 30,000 metre Phase II drill program at the Orion District in the State of Nayarit, Mexico. The company is presently completing a series of infill and expansion holes at its Animas/Del Norte Discovery zone with the aim of completing a NI 43-101 resource estimate by summer 2009. The present series of drill holes were completed to evaluate the expansion potential in areas where the mineralized zone is still open and to increase the density of drilling in key areas. The Animas/Del Norte Discovery zone is characterized by eight closely-spaced sub-parallel mineralized veins existing in an east-west structure which has been traced for more than four kilometres and still open at both ends. The dominant mineralized vein at the Discovery is the Del Norte Vein which, to date has been traced along strike for 800 metres, at depth to 400 metres and still open at depth in several locations. Through this recent round of drilling the company was successful in expanding the mineralized zone in several locations both 'near surface' and to depth, while the infill holes were mostly consistent with results from surrounding holes.