Basin Street Properties, a prominent northern Nevada and northern California real estate investment, development, and management firm, is pleased to announce NevGold has signed a lease at the Mill@McCarran in Reno, Nevada.  This is the 14^th lease in Reno, totaling 37,198 square feet of new activity in 2021.

NevGold, a new player in the gold space, is an exploration and development company targeting large-scale mineral systems. The company’s objective is to drive towards multi-million-ounce resource potential in strong geopolitical jurisdictions. NevGold currently owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada. In Southeast BC, NevGold owns 100% interest in the Ptarmigan silver-polymetallic project. In June, NevGold commenced trading on the TSX Venture Exchange after it’s successful transaction with Silver Mountain Mines Inc.

“As we recently entered the gold space at the beginning of the year, it’s essential we have the necessary local offices to manage and expand our Nevada project portfolio,” said Derick Unger, Chief Geologist at NevGold. “We intend to take on additional projects in Nevada and our new Reno location allows us grow and quickly respond to new opportunities in the region.”

Mill@McCarran is comprised of five one-story buildings totaling approximately 129,767 square feet. This mixed-use business park has Class A flex, office and retail showroom space with excellent visibility to McCarran Blvd. There is abundant on-site parking throughout the complex with a wide variety of uses preapproved.

“NevGold is an excellent addition to our tenant mix at Mill@McCarran,” said Scott Stranzl, Chief Portfolio Officer at Basin Street Properties. “In June, the company reached a significant milestone when they began trading on the TSX-V Venture Exchange. Their new location provides them the ability to advance their asset base in Nevada.”

Tom Fennell of Dickson Commercial Group represented NevGold and Tomi Jo Lynch and Casey Prostinak of SVN represented Basin Street Properties.

ABOUT NEVGOLD:

NevGold Corp. is a mineral exploration and development company focused on the Limousine Butte and Cedar Wash properties in Nevada, and the Ptarmigan property in Southeast British Columbia. Limousine Butte (~67 square kilometers), Cedar Wash (~19 square kilometers), and Ptarmigan (~93 square kilometers) offer district scale exploration and resource potential in strong geopolitical jurisdictions.