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NevGold Corp T.NAU


Primary Symbol: V.NAU Alternate Symbol(s):  NAUFF

NevGold Corp. is a Canada-based exploration and development company targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. The deposits of the Limousine Butte Project are Carlin-type deposits, sediment-hosted, with disseminated gold. The Nutmeg property consists of approximately 1,724 hectares and comprises 210 federal unpatented lode mining claims, 12 patented claims, and two leases of private land. Its Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, 75 kilometers southeast of Pioche, on the southern flank of the Clover Mountains. Zeus copper project is approximately 40 kilometers northwest of the Nutmeg Mountain gold project.


TSXV:NAU - Post by User

Comment by mjh9413on Oct 18, 2012 11:07am
230 Views
Post# 20497948

RE: Northland Resources Analysis

RE: Northland Resources Analysis

I have never visited a BB where every post is negative.Sure the share price performance has been awul  and debt and equity financing has been enormous for a non-producing entity BUT do you guys actually appreciate what this team has done to bring NAU from nothing but drilled land to near-production off-take. The financing alone would not have been easy but with all the infrastructure builds (roads, rail, port, port facilities etc.), the timing of events and to actually achieve the prodn timetable on schedule and budget, this as been an incredible feat. On top of this they have additional prospects 'up the road.'  I have not revisiited the feasibilty but NAU will prove out on the current and future projects IMO.

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