It said the first five holes drilled this quarter were "visually encouraging" and had confirmed the correlation of a low-resistivity zone with known alteration and possible gold mineralisation.
"I am gratified to see these intensely silicified and brecciated rocks supporting the reinterpretation of the geological model," VP exploration Thomas Klein said.
RC drilling was limited by abundant groundwater, NV Gold said, adding further drilling would depend on core rig availability.
It said initial analytical results were expected in mid to late January, depending on laboratory constraints related to COVID-19 and staffing.
After Slumber, the company planned to shift the RC rig to its Discovery Bay project, 50km south of Battle Mountain.
The explorer has a strategic relationship with GoldSpot Discoveries for project generation.
London-listed Hochschild Mining has a US$10 million option on NV Gold's SW Pipe project in Nevada, announced in April.
NV Gold had about C$4 million in cash at June 30.
Its shares have spanned 11.5-39.5c and closed up 43.4% yesterday to 16.5c, capitalising it at $10.7 million (US$8.4 million).
