NuLegacy

Gold

  • the five main targets of the Red Hill ~

NuLegacy Gold

CORPORATION

August 2024

Red Hill property: Summary & Conclusions

Summary:

  • 6 primary targets can be drill tested with 6 holes
  • Total of 16,750 feet (10,900 ft RC, 5,850 ft core)
  • Total cost US$2.5 M

Conclusion:

"All of the targets are well thought out, and to be

frank, they all need to be drilled",

Dr. Quinton Hennigh, Advisor, August 26, 2024

NuLegacy Gold

C O R P O R A T I O N

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

1

Red Hill Property Summary

 

Slide #

Summary & Conclusion

 

1

Index

 

2

Location map

 

3

Plan Map, Red Hill Drill Target

 

4

Advancing modelling/targeting of Carlin systems

5

Sweet spot

 

6

Property cross section N4432500

 

7

Targets: (6)

 

 

• AEM and Avocado cross section

(2

8

• SW Rift, S Mid-Rift cross section

(2)

9

• Almas cross section N4432500

(1)

10

• RL's Cambrian/Eureka district analog

(1)

11

Summary & Conclusions

 

12

Appendices

 

13

NuLegacy Gold

C O R P O R A T I O N

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

2

Location map

NuLegacy Gold

C O R P O R A T I O N

Pipeline

 

 

Explanation

 

 

Battle Mountain - Eureka Trend

 

 

 

 

 

 

Northern Nevada Rift

Cortez Hills

 

 

Gold deposit

 

 

Epithermal Gold deposit

 

Goldrush

 

Porphyry deposit

 

Red Hill

 

 

 

Tonkin

N

 

 

 

 

 

 

10 km

 

 

Goldbar

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

NuLegacy Red Hill

Positioned for Discovery

- Cortez section of Battle Mtn- Eureka Trend

  • At intersection with Northern Nevada Rift
  • Stratigraphic link to Cortez block
  • Structural links from Cortez to Goldbar
  • Widespread anomalous Au and alteration
  • Multiple targets with high potential

3

Plan map

Red Hill Drill Target Plan Map

Explanation

 

Steep dipping faults w/ Au

 

 

 

 

 

N. BLT

 

Au zones

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Drill Target

 

 

Avocado

 

 

 

 

 

 

 

 

Secondary Drill Target

 

 

 

 

 

 

 

 

 

 

Cross Section Line

 

 

 

 

 

 

 

 

AEM

 

 

 

 

 

 

Almas

NZ

 

 

 

 

VIO

 

 

 

 

 

 

 

 

 

 

 

 

RL Deep

 

NW Rift

 

 

N 4432500

 

 

 

 

CZ

 

 

 

GC-CC

 

 

 

 

 

 

 

 

 

 

 

S BLT

 

 

 

 

 

SZ

 

Grouse

 

 

 

S Iceberg

 

SW Rift

 

 

N 4430300

 

Creek

 

 

 

 

 

 

 

 

 

 

N

 

S Mid Rift

 

 

 

2 km

 

 

 

 

 

 

 

Patty

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

NuLegacy Gold

C O R P O R A T I O N

Primary Drill Targets

  1. AEM
  2. S Mid Rift
  3. SW Rift
  4. Avocado
  5. Almas
  6. RL Deep

4

NuLegacy's advances modelling/targeting of Carlin systems

ANTIFORMS

Hanging wall antiforms associated with thrusting; thrusts are typically blind below master thrust faults.

NuLegacy Gold

C O R P O R A T I O N

STRUCTURAL INTERSECTIONS

a. In favorable host rocks (Wenban5) at the intersection of high angle faults, or high and low angle faults.

Red Hill is strongly faulted, with both high and low angle faults and has multiple known host horizons (principally the favorable Wenban5 and several more).

b. Structural intersection or antiform fold within metamorphic aureole beneath intrusive overhang.

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

5

The 'sweet spot'

 

 

 

 

 

 

C O R P O R A T I O N

 

 

 

 

 

 

 

NuLegacy Gold

 

9.6 g/t gold in 5.1 m

16.9 g/t gold in 8.7 m

 

25.2 g/t gold in 4.6 m

 

 

(West-rift19-02)

(Serena 18-02)

 

(North Iceberg RHB-58)

 

Thick favorable Dw5 but

 

North Zone

 

 

 

11.0 g/t gold in 12.2 m

 

Serena

 

 

 

(North Iceberg RHB-40)

 

 

 

 

 

 

modest grades west of

WS18-01

 

 

 

 

 

 

 

 

 

 

 

 

 

Mid-rift target area3

 

 

 

 

 

High grade gold but

 

MR22-01

 

 

 

 

 

 

 

thin favorable Dw5 in

 

Gap

 

Iceberg

 

Goldrush 2018, footprint

 

 

 

North Iceberg/Serena

 

 

 

 

 

for comparison

 

 

 

 

 

 

 

4.0 km

 

 

 

 

 

 

 

16.8 m of Dw5

 

South Zone

 

 

 

 

 

 

 

 

 

 

(MR22-01)

 

 

 

 

 

 

 

 

 

 

 

 

 

Red Hill

101 m of Dw5

 

 

South

Drill map legend

 

 

Au occurrences, 0.10 ppm cutoff,

 

 

 

 

 

 

 

(RA20-03C)

 

 

Iceberg

≥ 5 g/t Au

 

 

 

Mid-rift

Dw5 thickness 50-200 m, west

 

 

West-rift

 

 

 

212 m of Dw5

 

 

 

of Iceberg

 

 

 

 

 

Existing drill hole (includes pre-

0 km

(RA21-03C)

 

 

 

 

collars and shallow holes)

 

 

 

 

 

High grade hits

 

 

 

 

 

 

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

 

 

 

 

6

Interpretive cross-section illustrating gold-mineralizing fluid flow

NuLegacy Gold

2 km

C O R P O R A T I O N

Property wide (12.5 km) cross-section5 updated Summer 2023 showing steep 'feeder' zones connecting to low-angle fault zones

 

 

 

 

West Rift Mid-rift Iceberg

 

W

 

low angle faults West dipping dominant

 

 

E

 

 

Tv

Tb

low angle faults with East dips are dominant

 

 

 

 

 

 

 

 

Dw4Dw5

Ovi

 

 

 

 

Wenban

 

 

 

 

 

 

 

 

 

 

Ch

 

 

 

 

Cel

Csg-Cg

 

 

 

 

 

 

 

?

 

 

Ohc

 

 

 

 

 

 

 

 

 

CZpm

 

 

2 km

• Known gold zones occur at the intersections of low and high angle fault zones in the Wenban 5 (Dw5),

 

 

 

 

Horse Canyon 2 (Dhc2), Roberts Mountains (DSrm), and Hanson Creek (Ohc) formations.

 

 

 

• Mid-rift target zone is centered

along Iceberg-parallel steep faults with Cretaceous diorite dikes,

associated metamorphic alteration and anomalous geochemistry from Wenban into Roberts Mountains.

• Preliminary interpretation shows possible Cretaceous diorite intrusive at ~ 800 meter depth.

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

7

AEM - Avocado -Targets: 2 holes

NuLegacy Gold

C O R P O R A T I O N

Avocado - AEM Drill Targets Cross Section

AEMAvocado

Site AV23-03C

East

Avocado

Avocado

Avocado: Intersection of Iceberg fault zone with Jackson and low-angle west dipping faults (main known Avocado area mineralized structures). Thick Dw5, projected Kdi dike zone. The area has permitted sites, not built.

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

8

SW Rift - S Mid Rift Targets: 2 holes

NuLegacy Gold

C O R P O R A T I O N

W SW Rift

Tb

Tv

Dw5

Dw4

Dw3-1

DSrm

Oe

500 m

(*should have steep bedding in DSrm between CMZ-F/CMZ-G)

NuLegacy Red Hill

 

 

E

Cross Section N 4430300

 

 

 

S Mid Rift

 

 

 

 

 

 

 

S. Iceberg

Tb

 

 

 

 

Tv

 

 

 

Tb

 

 

 

 

Dw8-6

 

Tv

Dw8-6

 

Dw5

 

Dw5

Dw5

 

 

 

 

 

 

Dw4

Dw3-1

 

Dw4

 

 

 

 

 

Dw3-1

 

 

Dw3-1

 

DSrm

 

 

DSrm

Kdi

 

Ohc

 

Ohc

 

 

Oe

 

 

 

 

 

 

 

 

 

 

Ohc

 

Ch

 

Ch

 

 

 

 

 

 

 

 

 

 

Oe

Csc-Cg

 

 

Ch

N 4430300

Kdi

Csc-Cg

 

 

 

Cel

 

 

 

 

SW Rift: Re-drill of abandoned RA21-10X (TD'd in str silf bx of Dw5, anomalous Au)

S Mid Rift: Dw5, Migo and CMZ-Fflts

NUG: TSXV | NULGF: OTC

www.nulegacygold.com

9

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

NuLegacy Gold Corporation published this content on 28 August 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on August 28, 2024 at 18:55:04 UTC.