Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 BillSmith9on Aug 28, 2018 2:15pm
65 Views
Post# 28530967

RE:one more

RE:one moreRespectfully, please share your basis for expecting one more hole from Spring.  I'd love to hear about another like the first two.

Last Sunday, I reviewed and pulled figures from every drill announcement this year, and I came away uncertain.  The post was something like, "Quick, How many more drill results..."  I am over it, but look for the post with 2 1/2 stars. :)

We've had reports on just two holes.  I suppose they drilled more like ttwenty to twenty five.  Determining what is/was due is complicated by the geologists ongoing analysis of results, and retargeting with their model.  Based on the time passed, I had assumed the other results were less newsworthy than the 4 just mentioned for Avocado & gap, but they haven't said.  I recall GSV had some very late reports last year.

Finally, they mention a 10-12 hole fall program, with at least 4 more in Serena.  Will the others be in VIO?  Don't know.  I also don't know what was being drilled when James said drilling was occuring now in his Aug. 18th Korelin interview.  It would be a nice surprise if numerous holes remain.  Did anyone else notice the two holes reported were numbered SR18-01C, and SR18-02C?  Were those really the first two holes?  Of how many?
.
"This result, coupled with NuLegacy’s previously announced Serena zone hole earlier in the season (SR18-01C: 15.2 meters of 3.27 grams/ton within 51.1 meters of 1.47 grams/ton gold) (NR June 27, 2018) has convinced NuLegacy’s exploration team to focus on the opportunity to expand the Serena zone; the company is planning to drill at least four follow-up holes within the 10-12 drill hole  program beginning mid-September."
Bullboard Posts