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NuLegacy Gold Corp V.NUG

Alternate Symbol(s):  NULGF

NuLegacy Gold Corporation is a Canada-based exploration company focused on exploring for high-grade Carlin-style gold deposits on its premier 108 sq. km (42 sq. mile) district scale Red Hill property. The Red Hill is on trend/adjacent to three of Nevada Gold Mines' Carlin-type gold mines; the Pipeline, Cortez, and GoldrushII. Its Red Hill Property is located in the Cortez Gold Trend of north-central Nevada, United States (US). The Red Hill Property encompasses a total of 1,363 unpatented lode mining claims covering approximately 108 square kilometers (km2), of which 881 mining claims totaling approximately 68 km2 are owned, subject to certain underlying royalties, 100% by NuLegacy Gold Corporation and 482 claims comprising approximately 40 km2 are 100% controlled by NuLegacy pursuant to the Idaho Lease. Its Rift Anticline drill target (approximately 10 km2 within the 108 sq. km Red Hill property) has favorable Carlin-type gold system geology located within Nevada's Cortez gold complex.


TSXV:NUG - Post by User

Bullboard Posts
Comment by toroshtoon Jul 23, 2015 1:52pm
238 Views
Post# 23953426

RE:Reports 3rd Set of 2015 Iceberg Drilling Results

RE:Reports 3rd Set of 2015 Iceberg Drilling ResultsExcellent result on the North Zone. I understand the next drilling campaing, already in motion, will be the last before the meeting with Barrick for the earn-in discussion.

it would be interesting to speculate what is in Roger's mind to design the last campaign. Would he go for consolidating the findings in the North Zone, which clearly projects itself as an economical target or drill in the Central Zone with the hope of seeing what is there.

i tend to go for the North Zone. More bang for your buck. He may also want  to better delineate this zone to prove the bonanza holes are not just a small anomaly.

Bullboard Posts