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NuLegacy Gold Corp.
Summary
| Project: | Red Hill | |
|---|---|---|
| Deposit: | Iceberg | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-7-2016: NuLegacy Gold Corp. announces an Exploration/Drilling Update report for its Iceberg deposit at the Red Hill project. Drilling results incl. 80.8m @ 0.32g/t Au from 132.6m. July 21, 2016 - Reno, NV - NuLegacy Gold Corporation is pleased to repor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | July 21, 2016 - Reno, NV - NuLegacy Gold Corporation is pleased to report assay results for the first ten holes of the 40+ hole (10,000 meter) 2016 exploration program on its 100% owned Iceberg oxide gold deposit. The primary target is the shallow Carlin-style oxidized gold mineralization within the 3 km long and 0.5 km wide Iceberg gold deposit in the Cortez gold-trend of north-central Nevada. Eight of the ten holes were drilled to expand the footprint of the 90-110 million tonnes of 0.9 to 1.1+ grams of gold/t exploration targeti within the Iceberg gold deposit - four into the Central zone and four into the North zone, while two were scout holes. Dr. Roger Steininger comments, “Holes RHB-72 and 73 have encountered some of the longest intervals of continuous gold mineralization on the property to date, and indicate the potential for a distinct gold deposit of sizable dimensions to the west of, and down dip from the Central zone”. Highlights from the 1st set of drill results: Iceberg – Central zone: Of the four holes drilled to expand the Central zone, holes RHB-72 and RHB-73 are the most westerly holes drilled in the Central zone to date as step-outs from last season’s RHB-60 which encountered 1.04 g/t gold over 35.1 meters (115 ft.). | |
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