November 5th, 2010 - Reno, NV - NuLegacy Gold Corporation reports that Ronald L Parratt, currently CEO and Director of Renaissance Gold, Inc., has joined NuLegacy Gold's Advisory Council.
Ron has an exceptional record of association with discovery and development of North American gold projects. He has over 38 years of diverse exploration experience including all facets of precious metals exploration from reconnaissance to intensive development. Most recently he co-founded and managed AuEx Ventures Inc. from a start-up junior exploration company to the object of a quarter billion dollar merger with Fronteer Gold having successfully participated in the discovery and development of the Long Canyon and West Pequop gold deposits.
His record also includes the Rabbit Creek, Lone Tree and Trenton Canyon gold deposits, via joint ventures, the Marigold, North Peak, Cipoeira and Gold Hill gold deposits and the Trinity silver deposit. As well he managed the development of gold resources to reserves at the Twin Creeks, Mule Canyon, Valmy and Mesquite gold deposits. Cumulatively, these activities resulted in the creation of over 15 million ounces of gold reserves within a 12-year period which established Santa Fe Gold (subsequently merged with Newmont) as North America's fifth largest gold mining company producing over 850,000 oz of gold during 1996. He was also a member of the Executive Due Diligence team that evaluated the Homestake Mining Co. and Newmont Gold Co. offers to acquire Santa Fe via merger in late 1996 and early 1997.
NuLegacy Gold Corporation is a Nevada focused gold exploration company financed and operated by a management and corporate governance team that has successfully identified, discovered and developed numerous gold resources. The company has under option the Red Hill Prospect in the well established and prolific Cortez gold trend and Wood Hills South Prospect in the emerging Pequop gold trend. The company's objective is the discovery and sale of significant multimillion-ounce gold deposits utilizing highly focused exploration programs employing sophisticated techniques for targeting the follow-up drilling to previous exploration successes.
On Behalf Of The Board Of Directors Of NuLegacy Gold Corporation
Albert J. Matter, Chief Executive Officer
For further information please contact Albert Matter at albert@nuggold.com or Roger Steininger, COO at roger@nuggold.com
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. 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.
