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NuLegacy Completes Earn-in to 70% working interest in Iceberg Gold Deposit

December 23, 2015

ViewPDF
To view today's news release.
~ Barrick to retain 30% working Interest ~
~ NuLegacy Preps for 2016 Exploration Program ~

Dear friends, family and NuLegacy shareholders/stakeholders,

Hi Folks,

We are delighted to have Barrick confirm that NuLegacy has completed its earn-in to 70% of the Iceberg gold deposit, and that it has elected to retain its 30% minority working interest (as detailed in the linked news release). NuLegacy owning a 70% interest provides several new opportunities which we will explore in the New Year.

The 2015's drilling returned the best results yet (links to the highlights are provided in the news release) and we are busy processing the results in preparation for the 2016 exploration program. We expect to have a definitive report on the 2015 program and an outline of 2016 program ready for presentation by mid-February 2016.

Meanwhile, we wish you a very Merry Christmas and a Happy and Prosperous New Year.

As well we have posted an updated video on the Iceberg project showing it in the context of Barrick's huge gold mining operations in the Cortez trend at:

www.youtube.com/watch?v=vsCDz66CBgA&feature=youtu.be

Thank you and all the best,

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.
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