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NuLegacy Gold Corp V.NUG

Alternate Symbol(s):  NULGF

NuLegacy Gold Corporation is a Nevada exploration company focused on discovering additional Carlin-style gold deposits on its premier district scale 108 sq. km (42 sq. mile) Red Hill Property in the prolific Cortez gold trend of Nevada. NuLegacy’s Red Hill Property is located on trend and adjacent to the three multi-million ounce Carlin-type gold deposits (the Pipeline, Cortez Hills and Goldrush deposits) that are amongst Barrick Gold’s largest, lowest cost and politically safest gold mines.


TSXV:NUG - Post by User

Comment by BlindBoyon Feb 19, 2021 10:45am
272 Views
Post# 32609087

RE:QH on NR

RE:QH on NRthat's a true statement by QH. So far, they've gotten indications that their geological theories are holding up, but so far, no big hit, as they work at trying to zero in to their perceived target.
* let's recall 2 of the most significant gold discoveries in Canada over the past 4 decades.
  * It took 76 holes for the Hemlo discovery to be taken seriously.
  * It took 109 holes for the Eskay Creek discovery to finally make the big bonanza strike (on their final hole of that planned drill program)
  * On the oil front, it took 133 dry holes before the discovery at Leduc #1, leading to the beginning of Alberta's role as the leading O&G producer in Canada.
* with NUG, at least we won't have such a long wait to arrive at an answer, one way or the other. This drilling year (2021) should provide that answer.
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