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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
Post by delta_noon Oct 03, 2007 2:55pm
188 Views
Post# 13515168

Promotion

PromotionThe NAU-story will be better known for customers of many large Norwegian brokerages during the next year. Two of the brokerages are now preparing their initial analysis coverage, and I guess they will be published during 3-6 weeks. A couple of other houses have meet NAU, and may be they will prepare analysis for publishing during the next 3-6 months. I think I heard a hint that a house in America also may look at NAU - do you know anything? NAU have signalled that they are working hard on broadening the analyst coverage. Besides Pareto I know the names of more than a handful Norwegian houses mentioned as actual in connection with analyst coverage during the next 12 months. NAU are now planning to invite a lot of analysts to an excursion to the mine areas in Pajala and Kolari. The timing of the excursion is not confirmed, and can be before the middle of this quarter. There are very positive feedback from the excursion for investors in Pajala and Kolari arranged last month, and the Board of Directors and management made a professional and very good impression. I think NAU-visitors in Pajala and Kolari will receive pieces of information signalling interesting economic potential in both the mature and immature mining projects. Among the numerous immature projects I think Salmivaara (33 km from LKABs Malmberget mine) could have potential to be developed to a mine with a huge deposit of magnetit for producing iron ore and copper as by-product, and NAU are now eager to drill test Salmivaara. delta
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