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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
Comment by _Highlander_on May 15, 2018 1:42pm
147 Views
Post# 28033843

RE:If NuLegacy

RE:If NuLegacy

If they have a Carlin, and i cant speculate on grading, GOLDRUSH is high at 10 gpt average, but right now, its area is smaller than NUG'S halo zone of gold,  Even if NUG is not averaging as high at GOLDRUSH, the shear volume of gold will make up for it.  The tonnage of gold is what counts not just the grading, The market hasn't fully grasp this yet. Its potential is above 10 dollars a share or more at its current 300 million issued shares, and thats maybe conservitive, we havent even touched the epithermal at VIO yet,  the blue sky on this is totally being overlooked. GLTA
Bullboard Posts