NevGold Corp T.NAU

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

Metals & Mining Industrial Metals & Minerals

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.

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NevGold Corp

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Comment by jaysbc44on Jul 09, 2007 8:30pm

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Post# 13060998

RE: NAU valuation

I believe iron pellets sell for around $100.u.s. a ton. NAU has 112 million tons 43101 compliant. Which doesn't include 65 or so million tons from Tapoli, and our best property IMHO of 80 million tons from Hannukainen(which due to gold/copper credits) will be all gravy. Plus we have 1 million ounces AU, open in all directions and at depth. As well we own the entire district, I believe we have 16 more targets, we'd like to drill. Believe me when we start production 6-9 months down the road, it will be multiples of $4.50. Best of luck, Jays. If u have any questions phone or email Ralph, he's excellent at answering questions.

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