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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

Bullboard Posts
Comment by jaysbc44on Apr 28, 2007 12:58pm
346 Views
Post# 12691519

RE: Interesting update

RE: Interesting updateSharif_p, couldn't agree more. NAU's management is taking our Co. to a new level. Full steam ahead, once we start getting the assay results...watch out. With our new additions, feasibility studies will be conducted, NAU is poised to rocket. Remember guys we already know what we have..we are basically just drilling historical sites, we already have the data, we just have to confirm and implement NI 43101 status. With yesterdays updates NAU's management fully expects we'll have a few hundred million tonnes of iron ore.Barsele/Norra 835,000 oz. Au(43101 compliant) Storra 112 million(43101 compliant)Hannukainen 80-100 million tonnes(with copper-gold credits)Lannavarra/Saarijarvi with an estimated 82 million tonnes from the Swedish Geological survey. Pajali another estimated 8 million tonnes(SGU) along with the Sodra 19.5 million tonnes. We aren't hoping to get results..we already know what we have. With Europe starving for iron-ore, our infastructure already in place, Corus helping with marketing...this is a no brainer. Thinking Santa will bring a pricetag of >$10.00 in my opinion. All the best, Jays
Bullboard Posts