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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 ukermannon Jan 01, 2018 1:52pm
164 Views
Post# 27256933

New Year -- New Hope

New Year -- New HopeSo, here we are starting a new year with continued hope and promise that this property will truly develop to the elephant that we hope it will be. Hopefully as promised, drills from the fall campaign will be released from soon, which should give us an indication of what's to come. We're going to need to raise some $$ this year to keep the seach going, so this first set of news will be critical to that effort. Lots of the big boys on the street believe this is the year for commodities, be it gold, silver, copper, or whatever. Bitcoin, cannabis, will correct, so hopefully money flows back to the safety of gold. $1400+ should be reachable in '18, which will make our easy leachable oxide desireable. I see us going over $.75 a share this year with a shot at a buck,(US) if the drill gods are good to us.
Bullboard Posts