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MEXIVADA samples up to 2.5 g/t Au and 11.25 g/t Ag at Goldstorm in Nevada;Delineates Carlin- and Midas-Style Gold-Silver TargetsTSX-V: MNVOTC: MXVDFFrankfurt: M2QVANCOUVER, May 27 /PRNewswire-FirstCall/ – Mexivada has received gold-silverassays from a sampling program conducted at its 3,700 acre Goldstorm propertyin Nevada. Goldstorm is located within the intersection zone of the Carlin-,Getchell- and Midas (Northern Nevada Rift, “NNR”) Gold Trends in Nevada, 18kilometres (“Km”) northeast of the giant, +20,000,000 oz. Twin Creeks -Getchell gold mine complex of Newmont and Barrick, and 18 Km northwest ofNewmont’s Midas gold-silver mine.Goldstorm has outcropping high grade Midas-style gold mineralization, withprevious sample assays of up to 39 grams per ton (“g/t”) gold reported at thesurface. New geophysical data and a compilation of data acquired by previousowners have led Mexivada to the recognition of a major Carlin-style (“CS”)gold target, more than 7 Km in length that may have multi-million ounce goldpotential. Several +5,000,000 ounce CS gold deposits occur immediately to thesouthwest of Goldstorm in the Getchell-Twin Creeks sector, owned by Newmontand Barrick. Goldstorm may also have excellent potential for the developmentof a stand-alone, high-grade Midas-style gold-silver mine on the sameproperty.Carlin-Style Gold Targets: Mexivada has developed a new model forshallow-depth CS gold mineralization along a 7 Km length of the Goldstormproperty.

Only one previous drillhole has tested part of this large targetarea, and even it was too shallow to intersect the main target horizons ofPaleozoic sedimentary rocks. An uplifted fault block is interpreted from anearby previous drillhole to have favorable Paleozoic host rocks fordisseminated CS mineralization present at as little as 500 feet below surface.Mexivada conducted ground gravity- and magnetics programs during 2008 that ledto definition of these targets. A Touchstone Resources core hole in 1990,situated 350 metres west of the main “Horst” CS gold target, encounteredsilica-epidote replaced calc-silicate hornfels, possibly a slump block ofmineralized Paleozoic basement rocks from the adjoining “Horst” target area,at depths of 373 to 400 feet in the drillhole, with up to 5-10% pyrite andanomalous gold, silver and arsenic. The “Horst” target area at Goldstorm alsoshows highly anomalous gold-in-soil values along possible gold-feeder faults,as assayed by Crown Resources in the late 1990s.Midas-Style Gold Targets: Mexivada has received assays from 9 new surface rockchip samples taken in 2008 at Goldstorm of Midas-style gold-silver mineralizedbanded quartz veins that locally have naumannite (silver selenide)interlayered in the bands. These samples contained up to 2.5 g/t gold, up to11.25 g/t silver, and up to 1.06 g/t mercury, typical of high-levelMidas-style mineralization.Battle Mountain Gold sampled a 3 metre wide surface vein in the late-1990sthat assayed 9.0 grams per ton (“g/t”) gold and 43.9 g/t silver. Surface rocksamples also were collected in the late 1990s by Crown Resources’ that assayedup to 39 g/t (1.14 oz./t) gold and 92.7 g/t silver at the Dome Hill target.These samples in total have led to definition of a complex Midas-style targetarea controlled by northerly- and west-northwesterly-trending vein targetzones over a 5 square kilometer target area that was not well tested byprevious shallow drilling by 3rd parties.

Mexivada believes that the maintargets were never adequately tested at depth by previous drilling. A newstructural model for the Dome Hill target is a zone of intersection ofnorth-northwest and northwest-trending faults, analogous to the GoldCrown-Colorado Grande intersection zone in the Midas mine. The “Prospect Hill”target, on private land leased by Mexivada, contains banded quartz-naumanniteveining and the high-grade Battle Mountain trench. The vein systems here arepoddy, typical of the zone above ore continuity at Midas. Deeper drilling isneeded to test the potential of this target. Several additional new targetshave been developed elsewhere on the Goldstorm property.Mexivada interprets these data to indicate Goldstorm to be a highly favorableexploration area for Midas- and Carlin-style gold mineralization, close toestablished mining infrastructure.