NuLegacy Gold Corp V.NUG

Alternate Symbol(s): NULGF

Metals & Mining Gold

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.

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NuLegacy Gold Corp

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Comment by NaturalCurrencyon Feb 18, 2018 12:40am

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Post# 27579532

RE:RE:The phone rang, he said hello this is James Anderson

$1.25 seems uninspiring to me. I know we are languishing at sub 20 cents but 5moz @$200 per should get us in the vicinity of $3. We have multiple partners and there could be healthy competition within them. Gold seems to be on track for $1,600-$1,700 by end of the year, if not higher. Btw, any estimates for the initial resource?

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