Barrick Gold To Become NuLegacy's Largest Shareholder
To friends, family and NuLegacy shareholders/stakeholders,
Hi Folks,
I think the headline says it all - Barrick Gold has entrusted the development of 'one of the best undeveloped gold projects in Nevada' to your company! This is the first of several significant announcements planned for 2016.
One of the significant features of these Carlin-type deposits (in both the Carlin & Cortez trends) is that once you've found one, they are like the Eveready battery, they keep going and going and going.
For example, deposits discovered in the last great exploration cycle of the late '80s to early '90s initially had resources of one to three million ounces. They grew to between five and 50 million ounces. [See link to Iceberg's potential, particularly slides # 9 to 12 & slide 18]
For further confirmation of this phenomena you might read Barrick's very comprehensive Feb 22, 2016 news release reporting on its "Project Study Results".
Cheers,
Albert
Albert J. Matter
Chairman, Director
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 | www.nulegacygold.com
The foregoing does not constitute an offer to sell or the solicitation of an offer to buy any security and is not intended to be relied upon as advice to investors or potential investors. 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. The proximity of Barrick's gold mining operations in the Cortez Trend is not necessarily indicative of the gold mineralization in the Iceberg project.
