Post by
Antman on Jul 13, 2021 5:14pm
Latest Press Release July 13
https://nulegacygold.com/news/news-releases/update-on-2021-exploration-program/
Main points....
Of the total footage drilled (~11,000 feet) in these first three holes ~6,000 feet is core, of which logging identified ~4,500 feet of altered rock warranting splitting and assaying. These intervals were submitted for assaying between late May and the end of June. Under current conditions, labs are quoting assay turnaround time of 8 to 10 weeks. NuLegacy is expecting to receive gold assays for the first three holes by mid-August and reporting them as soon as fully interpreted by NuLegacy’s geological sta
Comment by
tigris72poo on Jul 13, 2021 5:21pm
another non-news release from NUG
Comment by
Antman on Jul 13, 2021 7:21pm
Everyone knows assay labs are backed up. They just gave you a schedule of when they would expect to begin to hear. What more do you want? There's thousands of junior explorers. Why not move on if you're so dissatisfied?
Comment by
Awarded on Jul 13, 2021 5:41pm
Total drilled in 3 holes = 11,000 feet Of that, collar footage = 5,000 feet Core footage = 6,000 feet Footage warranting splitting and assay = 4,500 Thus 75% (45/60 x 100) of core is prospective and with some potential. That seems like a high percentage. Does anyone with more experieince know whether this percentage is typical, disappointing, or encouraging?