Chairman's Chats

Expanding The Serena Zone

~ 3.27 grams/ton gold over 15.2 meters ~

~  3.27 grams/ton gold over 15.2 meters ~

To NuLegacy shareholders/stakeholders:

Hi Folks,

Things are heating up in the Serena zone as reported in the linked news release.

The assay from SR18-01C, the first of seven holes drilled to date (five in the Serena-North zones, two in the Avocado zone) is an excellent interval of 3.27 grams/ton over 15.2 meters (within 51.1 meters of 1.47 grams/ton) and demonstrates that the Serena-North zones have:

  • Good to excellent grades, good thickness and are showing good continuity,
  • Are open in several directions with the important northwest ‘orientation’, and
  • That the newly developed geological model is working well having been used to site this drill hole location.

Our analysis suggests that we may have several such targets in the two km Avocado-Serena gap shown here.

A description of the model’s targeting methodology is presented at the following link:

All the best to you and cheers,

Albert J. Matter 
Chairman, Director 
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 |

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. 

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