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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 hankhenry44on Apr 09, 2016 3:22pm
192 Views
Post# 24748354

RE:Investor out of the blue...

RE:Investor out of the blue...Barrick didn't spend the $15million because they are a big debt reduction program. They had to after overpaying for an African Copper miner and having their construction budget blow out by billions on the disasterous Pascua Lama project on the Chilean/Argintine border. Even so I was surprised they didn't they didn't take the 70%. This is a great project and with a huge drilling budget it has a ton of upside.

Bullboard Posts