NuLegacy Reports Gold Assays

RENO, NEVADA--(Marketwired - Jan. 27, 2015) - NuLegacy Gold Corporation (TSX VENTURE:NUG)(PINKSHEETS:NULGF) reports gold assays from the last four reverse circulation holes drilled during the fall 2014 exploration program on the Iceberg gold deposit in the Cortez gold-trend of Nevada, USA.

Two of the four holes (RHB-35 and 36) were drilled as extensions of the North zone of the Iceberg and two (RHB-37 and 38) were wildcat step outs. Of the two step-outs RHB 37 was drilled fully 600 meters/1,950 feet to the west of the Iceberg proper to test a gold in soil geochemical anomaly and results indicate a possible western extension (or parallel zone) to the Iceberg gold deposit. RHB 38 is 1,750 meters/5,700 feet to the northeast as an initial test of a CSAMT(i) geophysical anomaly along the range front.

Iceberg extensions - the high grade North zone is open in all directions:

• Hole RHB-35 returned a significant high-grade gold intercept of 3.3 grams of gold/tonne over 10.7 meters/35.1 feet (within a 32.0 meter/105 foot interval of 1.23 grams of gold/tonne) extending the high grade zone 45 meters/150 feet to the northeast with individual samples as high as 12.7 grams of gold/tonne.
• Both holes RHB-35 and 36 encountered significant gold mineralization within the strongly oxidized and altered Horse Canyon (HC) contact zone as reported below.

Assay Details
Hole	Zone	From		To	Length	Grade	Horizon
Number		(m)	(m)	(m)	(ft.)	(g/t)
RHB-35	North Iceberg	77.7	109.7	32.0	105.0	1.23	HC contact
including	"	86.9	97.6	10.7	35.1	3.32	"
including	"	93.0	94.5	1.5	4.9	12.73	"
RHB-36	North Iceberg	85.4	91.5	6.1	20.0	0.41	"
RHB-37	West Iceberg	112.8	123.5	14.1	46.3	0.19	"
RHB-38	Range Front	No significant interval

Wildcats - the 60 sq. km/23 sq. mile property is a target rich environment: