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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
Post by _Highlander_on Nov 09, 2017 1:37pm
99 Views
Post# 26934272

Jr Market

Jr Market
Some good winds coming our way in the whole sector,  with the US tax plan on hold till 2019 this should continue to weaken the US dollar, and the middle east looking at more unstibility should increase golds luster, this will bring back investment to the Canadian Jr sector,  a company like NUG should benifit from this, realize the market is treating it like its a bust, but the reality is of course its sitting on a very good long position with its property.

https://www.canadianbusiness.com/business-news/report-says-canadas-junior-mining-industry-showing-signs-of-recovery/
Bullboard Posts