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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 BillSmith9on May 14, 2018 7:19pm
117 Views
Post# 28029618

With all the talk about Charles Weakly, let's revisit...

With all the talk about Charles Weakly, let's revisit...His arrival, last November 28th, Press Release:

NuLegacy Gold Enrolls Mr. Charles Weakly


~ To accelerate resource delineation ~

November 28, 2017 - Reno, NV - NuLegacy Gold Corporation reports that Mr. Charles G. Weakly has joined our geo-technical and exploration team as District Geologist. His addition will help accelerate our time table for achieving our goal of establishing a multi-million-ounce resource at our Red Hill property in Nevada.

Known in Nevada as 'the gold finder', Mr. Weakly, BSc, Geo-Eng, has contributed significantly to the discovery of over ten million ounces of gold for Barrick Gold Corporation in several of their deposits in the Goldstrike district (19 years) and the Cortez district (3 years). The Cortez district has three established multi-million-ounce deposits immediately to the north-west of NuLegacy's Red Hill gold property.

Mr. Weakly expects to help NuLegacy achieve its stated objective of "establishing a multi-million-ounce gold resource on the Red Hill property." His enrollment is part of the ongoing expansion/acceleration of our geo-technical team's capacity to follow up on the several discoveries made during the summer 2017 exploration program. We will likely add one, possibly two more geo-technical personnel during the winter to handle a much expanded 2018 drilling program.

"I'm very pleased that Charles has joined us", said Albert Matter, NuLegacy's Chairman, "It furthers our mission of expanding our world class exploration team to meet our exploration and corporate objectives."

Link to summer's success: https://nulegacygold.com/i/pdf/2017-10-11_NR_NUG.pdf


Bullboard Posts