Discovering Gold in the Cortez Trend, Nevada
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NuLegacy Gold Corp.
4 September, 2023
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Stock Code:
TSXV: NUG, OTC: NULGF
Company Exposure:
Gold, Precious Metals
Project Locations:
USA
NuLegacy Gold’s Red Hill property is located in the North Simpson Park Mountains, Nevada, at the intersection of the Battle Mountain-Eureka (BME) gold trend and the Northern Nevada Rift (NNR), adjacent to three of Nevada Gold Mines’ most profitable multi-billion-dollar, multi-million-ounce Tier 1 Carlin-type gold deposits including Nevada Gold Mines’ Goldrush deposit located just 7km south-east from Red Hill across the Horse Creek Canyon valley.(i)
With NuLegacy’s highly experienced management and exploration teams’ track record of developing world class gold mines, Red Hill represents a unique opportunity to add to the high-grade “elephant sized” Carlin-type gold deposits in the Cortez cluster.
Investment Highlights
- 108km2 of highly prospective mineral claims located within Nevada’s prolific Cortez Gold Trend. Our flagship Red Hill property is on trend and adjacent to three multi-million-ounce Carlin-type gold deposits (the Pipeline, Cortez Hills, and Goldrush deposits).(i)
- Uniquely structured and valuable permits that authorize immediate utilization of significant, currently unused exploration surface disturbance acres with 44 preapproved Greater Sage Grouse conservation credits.
- High quality “senior company” level geological, legal, and accounting databases.
- Geo-team — We recently engaged engaged three former members of Barrick Gold Exploration’s senior leadership team who were intimately involved in the discovery of both the Goldrush and Fourmile deposits (considered by NuLegacy to be analogous to the Red Hill property).
- Numerous geological indications of a large Carlin-type deposit present at Red Hill.
