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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 Jun 22, 2018 7:50pm
110 Views
Post# 28216818

Source: "The six week drilling delay was a benefit."

Source: "The six week drilling delay was a benefit."One source, However this refers to an interview:
"Originally, drilling was planned to begin March 15, so in total drilling was delayed by about six weeks. However, as chief executive officer James Anderson recently pointed out in an interview, the delay could have served as a benefit for the company. With the additional six weeks, the technical team was able to go back and re-log the drill holes that were previously drilled. With that layover, management had more time to plan on where to drill with the hopes to target some of the higher grades within their deposit."

Gold Telegraph article:

https://www.goldtelegraph.com/nulegacy-gold-corp-a-big-summer-ahead/

PS, a six week delay from March 15 puts you at April 26th.  So this is another reference to drilling perhaps starting at end of April.  Again, that could mean we're almost 8 weeks underway.
Bullboard Posts