Tuesday, November 28, 2017 8:12:10 AM
http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=28434
~ To accelerate resource delineation ~
November 28, 2017 - Reno, NV – NuLegacy Gold Corporation reports that Mr. Charles G.
Weakly has joined our geo-technical and exploration team as District Geologist. His
addition will help accelerate our time table for achieving our goal of establishing a multimillion-ounce
resource at our Red Hill property in Nevada.
Known in Nevada as ‘the gold finder’, Mr. Weakly, BSc, Geo-Eng, has contributed
significantly to the discovery of over ten million ounces of gold for Barrick Gold
Corporation in several of their deposits in the Goldstrike district (19 years) and the Cortez
district (3 years). The Cortez district has three established multi-million-ounce deposits
immediately to the north-west of NuLegacy’s Red Hill gold property.
Mr. Weakly expects to help NuLegacy achieve its stated objective of “establishing a multimillion-ounce
gold resource on the Red Hill property.” His enrollment is part of the ongoing
expansion/acceleration of our geo-technical team’s capacity to follow up on the several
discoveries made during the summer 2017 exploration program. We will likely add one,
possibly two more geo-technical personnel during the winter to handle a much expanded
2018 drilling program.
“I’m very pleased that Charles has joined us”, said Albert Matter, NuLegacy’s Chairman,
“It furthers our mission of expanding our world class exploration team to meet our
exploration and corporate objectives.”
Link to summer’s success: http://nulegacygold.com/i/pdf/2017-10-11_NR_NUG.pdf
About NuLegacy Gold Corporation: NuLegacy is a Nevada exploration company focused on
discovering additional Carlin-style gold deposits on its premier district scale 98-sq. km (38 sq. mile)
Red Hill Project in the prolific Cortez gold trend of Nevada.
To date NuLegacy has discovered the Icebergi Carlin-style gold deposits and has identified several
more highly prospective exploration targets that are being drilled this year.
NUG:TSXV//NULGF:OTC
Page 2 of 2
NuLegacy’s Red Hill Project is located on trend and adjacentii to three multi-million ounce Carlintype
gold deposits (the Pipeline, Cortez Hills and Goldrush deposits) that are amongst Barrick
Gold’s largest, lowest cost and politically safest gold minesiii.
i An established exploration target of 90-110 million tonnes of 0.9 to 1.1 grams of gold per tonne. These
figures are conceptual in nature and derived from a compilation of 149 historic and 111 NuLegacy drill holes. To date, there has been insufficient exploration to define a mineral resource and it is uncertain if further
exploration will result in the target being delineated as a mineral resource. ii The similarity and proximity of these deposits in the Cortez Trend is not necessarily indicative of the gold
mineralization in NuLegacy’s Red Hill Project. To date, there are no known resources or reserves on the Red Hill Property.
iiiAs extracted from Barrick’s Q4-2013 and Q1-2014 reports.
ON BEHALF OF NULEGACY GOLD CORPORATION
James E Anderson, Chief Executive Officer
For further information, please phone 604-639-3640 or contact James Anderson (CEO) at james@nuggold.com,
Albert Matter (Chairman) at albert@nuggold.com or Roger Steininger, (CGO) at roger@nuggold.com, or Frank
Lagiglia (ICM) at frank@nuggold.com or visit www.nulegacygold.com.
Dr. Roger Steininger, NuLegacy’s Chief Geoscience Officer is a Certified Professional Geologist (CPG 7417) and
the qualified person as defined by NI 43-101, Standards of Disclosure for Mineral Projects responsible for
preparing and reviewing the scientific and technical information contained in this news release
Recent NULGF News
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/04/2023 07:22:57 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM