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NuLegacy Gold Corp.
Summary
| Project: | Red Hill | |
|---|---|---|
| Deposit: | Serena | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 2/18/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-2-2020: NuLegacy Gold Corp. announces an Exploration/Drilling Update report for its Serena deposit at the Red Hill project. Drilling results incl. 5.2m @ 9.6g/t Au from 353m. VANCOUVER – NuLegacy Gold Corporation reports on the winter 2019 exploration | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Steininger (Internal) | |
| ABSTRACT: | VANCOUVER – NuLegacy Gold Corporation reports on the winter 2019 exploration program on its flagship 108 sq. km Red Hill gold property in the Cortez gold trend of Nevada. The winter program consisted of five core holes totalling 2,230 meters (~7,300 ft) on both flanks of the Rift Anticline target and a CSAMT survey over the Rift Anticline. Four holes were drilled on the eastern flank of the Rift Anticline, including two at Western Slope and two at the Serena Offset targets, with one incompletion on the western flank in the 4Mile Look-a-like target. Hole WS19-02, drilled on the eastern flank of the Rift Anticline1 , returned a high-grade interval grading 9.6 grams/ton gold over 5.2 meters starting at 353 meters (with an internal spike to 25 grams/ton gold) within 27.1 meters of the strongly altered (silicification, decarbonatization and brecciation) favourable Wenban5 horizon and contained elevated gold values (greater than 200 ppb) throughout. This is another in the series of the significant high-grade albeit only moderately thick intercepts that have been encountered across a span of ~1,400 meters from the North Iceberg (11.0 grams/ton gold within 12.2 meters) through the Serena zone (16.9 grams/ton gold within 8.7 meters)2 , and now the Western Slope (9.6 grams/ton gold within 5.2 meters) vectoring towards the northeast-southwest trending Rift Anticline. | |
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