NevGold Corp 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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Post by NobodyKnowsOneon Feb 21, 2012 4:54pm

336 Views

Post# 19563342

RE: this company looks alright

I had a looksee on their website. If they are able to connect the dots through exploration this could, once again, be a silver mine with polymetalic credits.

I like the low number of shares outstanding and no debt. Not much trading volume, as yet, however.

I think there's potential for bonanza grades of silver. Measured in ounces per ton, not grams.

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