CCM Research Issues Update Report on Nayarit Gold Inc.

TORONTO, ONTARIO (PINK SHEETS: NYRTF) is a Canadian gold and silver exploration company. The Company controls over 102,000 hectares of mining concessions, known as the Orion Project, in the State of Nayarit, Mexico. Management's strategy is to build Nayarit Gold Inc. into a profitable resource company and maximize shareholder value through exploration of its high quality mining properties.

In the report the analyst states, "The Orion Project is host to a series of high-grade silver veins with a strong gold credit. NYG has drilled 19 holes at the Animas discovery zone (with two holes still in progress) and acquired seven additional mining concessions totaling 2,730 hectares in Orion Silver-Gold Mining District. The Company delivered Phase I drill program with quick turnaround and solid results, while Phase II is underway."

The analyst continues, "NYG is continuing to strengthen its management team and the current success is viewed as correlated with this group of seasoned and competitive individuals."

A free copy of the report can be found at:

http://www.baystreet.ca/articles/research_reports/ccm_research/NYG_UpdateReport_June%2019_2008.pdf

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $45,000.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalization.

Cronus Capital Markets� (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.

Cronus Capital Markets, Inc. is the sole source of this press Release.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

Contacts: Cronus Capital Markets Peter Soni Chief Information Officer (416) 368-3700 ext 225 Email: Peter@cronuscapitalmarkets.com

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