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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 jaysbc44on Sep 08, 2009 8:27am
351 Views
Post# 16285365

Production delayed???

Production delayed???Not too sure why we seem to be losing ground on production.  In 06 we were to begin extracting ore in 4th Qr of 09, last year we were scheduled to begin late 10 or 1st Qr of 11, now it seems 2012.  Although I'm excited of our new PEA  these delays aren't helping getting our s/p.  Hannukainen will be our most profittable property   IMHO.(wasn't included in this PEA)  These delays might actually help with the global downturn expected to be non existant by 2012.  Sure would be nice to see some northern pressure on our s/p.  All the best, Jays
Bullboard Posts