Avocado Zone
Overview
In 2012 an IP survey discovered a chargeability anomaly, which was avocado shaped in plan view, under pediment cover approximately 2 kilometers north of the then recently discovered Iceberg gold deposit. Since 2012, Avocado has grown into one of NuLegacy’s most exciting discoveries. Avocado represents the northern extent of mineralization discovered thus far on the Red Hill property, and is an example of the successful application of NuLegacy’s old-school/new-school exploration philosophy, and the payoff that results from perseverance in pursuing a target. The first test hole drilled in 2014 had only anomalous gold. However, the second test hole (AV-02) drilled over 200 meters of 0.25 g/t gold mineralization. Follow-up drilling in 2016 and 2017 has subsequently identified mineralization exceeding 8 gram/t gold over narrow widths, as well as large zones of Carlin-style alteration and trace elements indicating a powerful gold system is in place at Avocado.