NuLegacy Gold Corp V.NUG

Alternate Symbol(s): NULGF

Metals & Mining Gold

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.

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NuLegacy Gold Corp

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Post by WisGuy1on Dec 16, 2020 5:24pm

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Post# 32124357

QH reply to this post

@Nevada 2020 I sent QH this post from you. @Nevada2020 If you really want to try to get your head around the significance of 0.55 g/t Au over 40 feet and what it signals for experts in Carlin Type Gold Deposits, then take a few hours and read the following research paper from Christopher Herron at UBC. It’s 500 plus pages (much of it data tables). Seems overwhelming but if you are really interested, it is well worth the effort and becomes very very interesting really quick. My guess is they are very very close to some high grade. https://open.library.ubc.ca/cIRcle/collections/ubctheses/24/items/1.0366136

QH: "This is constructive "

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