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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 May 07, 2018 5:26pm
99 Views
Post# 27993921

Steininger retiring

Steininger retiringI don't think the market gets what Weakly means, they seem to think Steininger retiring is a bad thing or part of some inside knowledge, although i think the timing was poor on NUG part, but i suspect ABX asked him to work with Weakly's direction and not the other way around, as Weakly is much more experience with gold rush type deposits,  so he decided to step down that and his age. Basicy ABX sent Weakly to get the needle moveing on their investment and trust him to do so,  Just my suspicion,
Bullboard Posts