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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

Comment by diggingdeeperon Feb 11, 2013 8:40am
183 Views
Post# 20967406

RE: northlands restructuring

RE: northlands restructuring

I could almost believe that Northland could be salvaged if a strong management group took over and really kicked the tires and strong armed the suppliers that have been killing the goose that lay the golden egg (I am looking at you PEAB), expeditied ramp up and redrafted some decent logistics contracts and perhaps gave the shareholders another kick at the can via dividending out Hannukainen via a new vehicle.  Given everything that has happened, to keep Hvide/Waplan in place is the final kiss of death.  My prediction is this will all drag out and go sideways until it just collapses.

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