April 12, 2011 - Reno, NV - NuLegacy Gold Corporation (NUG:V) is pleased to report the appointment of Keith B. Campbell, PhD, as Exploration Manager.
Dr. Campbell will report to and work closely with Roger Steininger, COO and Director of Exploration and Acquisitions. "Keith will add a strong field management component to our exploration capability," says Dr. Steininger. "He will be responsible for overseeing the drilling of the first phase of targets on the Red Hill Prospect while developing the second phase of targets on the more recently added properties. Having Keith as part of our team will enhance NuLegacy Gold's abilities to make discoveries."
Keith is an experienced geologist with more than 20 years in exploration and mining, principally in the United States and Latin America. He has worked in epithermal (vein) gold production and exploration in southwestern Colorado at the Sunnyside mine, and in central Alaska at the True North mine. He explored for several styles of orogenic gold deposits in Latin America, both in Venezuela just north of Kilometer 88 and in eastern Bolivia. He was also part of the early development team at Cerro Casale in Chile. His Master's degree research focused on the stratigraphy and alteration in the oxide portion of Barrick's Betze-Post deposit on the Carlin Trend, which is particularly relevant to NuLegacy's exploration for Carlin-type replacement deposits in the Cortez.
His exploration experience is field oriented, based on careful geologic mapping, data collection and observations. He then incorporates this information with computer visualization and data analysis techniques to aid in understanding and modeling deposits.
Other news: Soil sampling on the Wood Hills Prospect was just completed and the samples are at American Assays Labs for analyses; drill permitting will get underway on the Wood Hills once the results have been analyzed and targets acquired.
Pending news: Update on the 2011 exploration program will be reported shortly. With a late spring in Nevada, drilling on the Red Hill is expected to start mid-May.
NuLegacy Gold Corporation is a Nevada based exploration company focused on the discovery of Carlin-type replacement gold deposits on:
- its 45 square mile Red Hill Prospect in the well-established and prolific Cortez Segment of the Battle Mountain Eureka trend which hosts four multi-million ounce Carlin-type deposits, and
- its 35 square mile Wood Hills South Prospect which is contiguous to, and geologically similar to, the West Pequop and Long Canyon Carlin-type discoveries that Newmont is acquiring for approximately $800 million.
NuLegacy Gold is executing a multi-faceted, highly focused exploration and drilling program employing sophisticated techniques for targeting multi-million ounce Carlin-type gold deposits
On Behalf Of The Board Of Directors Of NuLegacy Gold Corporation
Albert J. Matter, Chief Executive Officer
For further information please phone 604-638-4959 or contact Albert Matter at email@example.com or Roger Steininger, COO at firstname.lastname@example.org; or visit our website at www.NuLegacygold.com
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This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and 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. See the cautionary statement "Forward-Looking Statements" and "Risk Factors" in the Company's prospectus dated November 10, 2010 available on SEDAR at www.sedar.com. 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. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The technical disclosure in this press release has been reviewed by Dr. Roger Steininger, the Chief Operating Officer of the Company and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.