CCM Research Issues Technical Research Report on Nayarit Gold Inc.

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 11:54am EDT

  TORONTO, ONTARIO, Apr 10 (MARKET WIRE) -- 
 CCM Research Chief Technical Analyst, Jason Suttmeier, has written a
technical research report on Nayarit Gold Inc.

    Nayarit Gold Inc. (TSX VENTURE: NYG) is a Canadian gold and silver
exploration company formed in May, 2005. The Company controls over
102,000 hectares of mining concessions 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 State of Nayarit, Mexico. The
Company is committed to working with the government and people of Mexico
to achieve a modern and sustainable mining region. The Company follows
best practices in health and safety, environmental and community
engagement.

    In the report the analyst states:

    "Nayarit Gold Inc. (NYG) is currently trading under the key 5- weekly
modified moving average at 0.462. Weekly sentiment is currently rising."

    "My model shows monthly support at 0.313 with weekly resistances at 0.567
/ 0.579."

    "The 50- day moving average provides resistance at 0.635."

    A free copy of the report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/NYG_TechReportApr
l92008.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 capitalizations.

    Cronus Capital Markets(R) (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.


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



 CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS RELEASE.

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

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