NuLegacy Encounters Gold in New Exploration Targets
~ First assays of 2017 Drilling program~
To NuLegacy shareholders/stakeholders:
Today's news release provides the first assays from our 2017 exploration drilling campaign (10,500m, 33,500ft, +/- 40 drill holes).
The program is designed to test high priority drill targets in new areas on the company's 38 square mile/98 square km Red Hill property in the Cortez gold trend of Nevada. These geochemical and geophysical targets are at considerable distances from the known mineralization of the Iceberg gold deposit, and have a high risk/high reward profile.
Early results vary from reasonable (Iceberg deposit grade range of 0.9 to 1.1 gram/ton) to modest intervals of anomalous gold. Management continues to be encouraged that every drill hole in every area drilled to date encounters gold mineralization.
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.