Nevada Exploration Inc. ("NGE") commences drilling at Fletcher Junction, acquires additional land and announces its Annual Shareholders Meeting.

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[{"type":"text","content":"\n\n\n\nMONTREAL, Nov. 12 /CNW Telbec/ - Nevada Exploration Inc. (TSX-V: NGE)\n("NGE") is pleased to announce that reverse circulation drilling operations\nstarted today at Fletcher Junction. Fletcher Junction is the property of merit\ndescribed in NGE filing statement dated February 16, 2007 produced as per\nNational Instrument 43-101 and available on www.sedar.ca.\n\n\nTwenty drill sites have been permitted with the US Forest Service. Up to\ntwenty, angle to vertical drill holes using a track-mounted reverse\ncirculation drill are planned to maximum depths of 1,000 feet. The holes are\nlocated within an area of approximately 9,000 feet by 3,000 feet believed to\nsource highly anomalous gold in groundwater flowing from beneath a 50- to \n150-foot-thick cover of post-mineral basalt. Operations have been planned not\nto be hampered by winter weather conditions so that the holes, averaging\n600 feet deep, shall progress at the speed of 250 feet/day provided that\ndifficult drilling conditions, mechanical problems and/or analytical delays\nare not encountered.\n\n\nLand Acquisition and Exploration Update\n\n\nNGE currently controls mineral rights on nine properties through 1,479\nunpatented mining claims staked on 41 sq-mi of BLM land and 3.5 sq-mi of\nleased private land. Staking of another 216 unpatented mining claims on\nanother 6 sq-mi of BLM land is in progress and when complete will add another\nexploration property. NGE will then control more than 50 sq-mi of land in\nNevada evidencing highly anomalous concentrations of gold in ground water.\nLand acquisition is expected to continue on new exploration properties as\nidentified by ongoing reconnaissance ground water sampling and on areas\nadjacent to some already acquired exploration properties.\n\n\nWade Hodges, Chief Executive Officer of NGE, stated that "NGE believes\nthat the key to creating sustainable shareholder value lies in building a\npipeline of exploration properties that all evidence highly anomalous gold in\nground water chemistry, to then use more conventional exploration\nmethodologies as appropriate and to then drill them to effect discovery.\nSecuring a drill rig to begin drill testing of each property has proven to be\nextremely difficult due to an industry-wide shortage of drillers and drilling\nequipment. However, with the start of drilling...

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