September 13, 2017
To NuLegacy shareholders/stakeholders:
Hole VIO17-01, which is over four kilometers west of the Iceberg gold deposits, returned 33.5 meters (110 feet) of 0.65 grams/t gold and 5.5 grams/t silver starting at 99.2 meters and includes, 9.1 meters (30 feet) of 1.8 grams/t gold and 17.6 grams/t silver. In the process, it discovered what appears to be an epithermal gold system, an entirely different deposit type to that of our Carlin-style gold deposits.
The application of our 'old school/new school' science by our dynamic exploration team and the resulting 2017 summer wildcat drilling program (65% of the 2017 35,000 ft./40 hole drilling program dedicated to exploring for prospective deposits) has been a resounding success," said NuLegacy's Chairman, Albert Matter, "To date we have added the Avocado, Deep Iceberg, Western Slope, Serena and VIO prospects to our original complement of the North, South and Central Iceberg gold deposits. We now have over ten square km of gold mineralization in the central mineralized zone of the Red Hill property".
Thank you and Cheers,
Albert J. Matter
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 | www.nulegacygold.com
The foregoing is not intended to be relied upon as advice to investors or potential investors and does not constitute an offer to sell or the solicitation of an offer to buy any security nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. In addition, the foregoing contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions based on information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation.
You can view the Previous Chairman Updates item: Wed Oct 11, 2017, Heads Up On Fall Drilling Program
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