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.

TSXV:NUG - Post by User

NuLegacy Gold Corp > one more kick at the can ...

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Comment by BlindBoyon Apr 29, 2022 2:18pm

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Post# 34643172

RE:RE:one more kick at the can ...

that's probably their plan, as reflected by their announced cutbacks in manpower.

regardless, nothing ventured nothing gained.

remember, it took 109 holes before Eskay Creek hit big (Canada's richest gold mine).

it took 133 dry holes before Imperial Oil finally hit with Leduc #1, turning Alberta into a major oil producer in Canada.

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