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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 Dec 04, 2018 10:24am
86 Views
Post# 29060463

Most explorers don't have eight holes well timed to report

Most explorers don't have eight holes well timed to reportGold is still behaving nicely.  We'll see.  

NUG is also behaving better.  Again, we will see.  U. S. stock markets are closed tomorrow for Bush's funeral.

I'd like to think drilling is near done.  Those steel drills, must be freezing.  Kids don't touch your tongues to steel.  On November 27th, a week ago, they were working on Deep Rift, and had two Foothills holes yet to complete.  There was mention of two, perhaps three rigs.  Perhaps they are working on the final  two holes, then off to assay.  Presumably some assays are underway.

Elko weather.  There was about 1/2" precipitation two weeks ago, and another 1/2" a week ago.  There was .06" in the final days of November, and .16" precip. on the 1st.  My guess is it was light snow.  Around here, Denver, I think the dry air and soil would evaporate it.

Bottom line:  It is really nice to know there are some well timed holes to be announced, that could draw attention to NUG at a favorable time for gold.   We'll see.

Santa, we've been pretty good boys & girls.  For my fellow shareholders, it sure would be nice to have 1 of those 8 holes come back over 10 g/t.   If you can manage that, anytime by January 10th, I know that's asking a lot.  If you think we've been real good, Santa, and if it's not too much to ask, a second hole, maybe 5 g/t would be spectacular.  We'll leave cookies & milk for you.

We promise to behave better next year.  -If you uh, deliver.  You bet we believe.
Bullboard Posts