Nayarit Gold Intersects 25.91 metres of 3.33 g/t Gold and 272 g/t Silver, or 7.86 g/t Gold Equivalent or 472 g/t Silver Equivalent

Halifax, Nova Scotia CANADA, April 21, 2009 - Nayarit Gold Inc. (NYG - TSX Venture), is pleased to 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 continues to move towards a NI 43-101 resource calculation slated to be completed in mid-2009.

The Company is presently completing additional infill holes and expansion holes at the Animas/Del Norte Discovery zone, and testing further targets at Sebastiana and Pantaleona which are along a 4.2 kilometre strike length. The drill holes were successful in further defining the Discovery Zone, and testing areas which remain open to the western part of the discovery zone.

"The Company continues to aggressively drill the final holes in the Animas/Del Norte Discovery Zone for compilation in the NI 43-101 resource estimate. The Company has been preparing other targets within the area over the last two months, and believes preliminary indications at Pantaleona and Sebastiana along strike will possibly result in similar mineralized structures to the main discovery zone," stated Colin Sutherland, President & CEO. "The Company has also commenced comprehensive metallurgical tests with SGS Mineral Services, and expects results in the coming month."

At the Animas/Del Norte Discovery zone, a total of 21 holes were drilled, with drill holes OR-09-193 and OR-09-200 intersecting the highest grade mineralization and expanding the high-grade mineralized zone upward towards surface. Hole OR-09-193 recorded 25.91 metres of 7.86 g/t gold equivalent or 472 g/t silver equivalent (3.33 g/t gold and 272 g/t silver), while drill hole OR-09-200 recorded 12.19 metres of 8.51 g/t gold equivalent or 511 g/t silver equivalent (3.39 g/t gold and 307 g/t silver).

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Highlights from selected holes are illustrated below:

*Equivalent Values were calculated based on 60 ounces of silver = 1 ounce of gold. Metallurgical Recoveries and Net Smelter Returns are assumed to be 100%. No capping. The intervals recorded above are core lengths

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Several drill holes targeted the western portion of the discovery zone, including holes OR-09-160 and OR-09-178. These holes illustrate expansion potential at depth on the western portion of the mineralized zone. Previously released drill hole OR-08-74 (2.75 metres of 1.33 g/t gold and 236.5 g/t silver) along with new data from OR-09-160 and 178 suggest there may be additional mineralization in this area and the company has initiated drill testing, with one hole completed and submitted for assay results.

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The above holes are illustrated below:

*Equivalent Values were calculated based on 60 ounces of silver = 1 ounce of gold. Metallurgical Recoveries and Net Smelter Returns are assumed to be 100%. No capping. The intervals recorded above are core lengths

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The Company has been targeting several other mineralized targets within the discovery zone. A series of drill holes have been completed on the Pantaleona and Sebastiana Targets with ongoing drilling continuing in all areas with 2 core rigs and 1 reverse circulation rig. All of the targets are along a 4.2 km structure which hosts the Animas/Del Norte Discovery Zone.

For additional information including the long section and data, please click on the link below:

http://www.nayaritgold.com/projects_...

Pantaleona

The Pantaleona target is approximately 700 metres East of the Animas/Del Norte Discovery Zone. The mineralization and geologic characteristics at Pantaleona are similar to the Animas/Del Norte Discovery Zone. The Company has been focused on extensive mapping and carrying out soil and rock samples in the area, and further mapping has outlined approximately 1.1 kilometres of additional vein structure to the East which is still open.

A total of 11 holes have been completed, with data from drill hole OR-08-121 previously released (see press release November 18, 2008). The drilling to date has outlined a mineralized zone approximately 180 metres in length, and open to the East along the newly mapped vein structure. The Company has been focused along a shallow horizon and has intersected mineralized structure.

Highlights from selected holes are illustrated below:

*Equivalent Values were calculated based on 60 ounces of silver = 1 ounce of gold. Metallurgical Recoveries and Net Smelter Returns are assumed to be 100%. No capping. The intervals recorded above are core lengths

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For additional information including the long section and data, please click on the link below:

http://www.nayaritgold.com/projects_...

Sebastiana

The Sebastiana target is approximately 600 metres west of the Animas/Del Norte Discover Zone. The Company completed three drill holes, with two holes intersecting significant mineralization. Drill hole OR-08-144 recorded 9.89 g/t gold and 467 g/t silver (17.67 g/t gold equivalent or 1,060 g/t silver equivalent) over 1.1 metres, and drill hole OR-08-147 recorded 4.05 g/t gold and 501 g/t silver (12.40 g/t gold equivalent or 744 g/t silver equivalent) over 1.0 metre. The holes were drilled along strike, and are 120 metres apart with mineralization open in all directions, with the mineralized intercepts at 50-60 metres below surface. Previous exploration in the area returned two grab samples taken from surface assaying 6.1 g/t gold and 917 g/t silver near drill hole OR-08-144, and 3.9 g/t gold and 516 g/t silver near drill hole OR-08-147. Drill hole OR-08-149 may have been terminated short of the mineralized zone, therefore the Company will perform further testing to depth.

Highlights from the holes are illustrated below:

*Equivalent Values were calculated based on 60 ounces of silver = 1 ounce of gold. Metallurgical Recoveries and Net Smelter Returns are assumed to be 100%. No capping. The intervals recorded above are core lengths

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For additional information including the long section and data, please click on the link below:

http://www.nayaritgold.com/projects_...

Mr. Hall Stewart, Vice President, Exploration is a Qualified Person (QP) as defined in NI 43-101 and has reviewed this release.

QA/QC Procedures: The Company has implemented a quality control program to ensure best practices in sampling and analysis of the core samples. The core is first logged then sawn in half during the sampling process with the remaining half being retained for verification and reference purposes. Duplicates, standards and blanks are inserted randomly into the sample stream. The samples are delivered directly in security sealed bags to ALS-Chemex Laboratories preparation facility in Hermosillo, Sonora (Certification ISO 9001). Sample pulps are shipped from there to ALS-Chemex Laboratories in North Vancouver, Canada for analysis. Gold is determined by fire assay with an atomic absorption finish, silver is analyzed by ICP techniques with high grade values being confirmed by fire assay. Gold equivalent values are calculated using a 60:1 ratio.

ABOUT NAYARIT GOLD INC.

Nayarit Gold Inc. is a junior resource company dedicated to gold exploration in the proven precious metal districts of Mexico. Management's goal is to build a profitable resource company and maximize shareholder value through successful exploration programs and continued development.

For further information on Nayarit Gold please visit the company's website at www.nayaritgold.com or contact:

Mr. Colin P. Sutherland
President & CEO
(902) 252-3833
info@nayaritgold.com

CAUTIONARY STATEMENT

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Nayarit, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Nayarit's expectations are exploration risks detailed herein and from time to time in the filings made by Nayarit with securities regulators.

Source: Nayarit Gold Inc. (NYG - TSX-V) http://www.nayaritgold.com
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