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     273  0 Kommentare NuLegacy Reports Gold Assays - Seite 2

    • Hole RHB-37 encountered gold mineralization in silicified siltstone/limestone within the HC contact zone. As an initial test of either a western extension or parallel zone to the Iceberg gold deposit, this is an important hole; it confirms gold mineralization beneath a large 'gold in soil anomaly' to the west of Iceberg. Additional drilling is needed to adequately test this anomaly.
    • While hole RHB-38 detected no reportable gold, it did encounter 23 meters/75 feet of silicified siltstone and limestone with associated Carlin-type trace elements. This is the first hole in this large range front CSAMT anomaly which is being reassessed to identify additional drill targets.

    Reverse circulation drilling by Boart Longyear Company of Elko, NV under the supervision of David Mallo, Exploration Manager and Dr. Roger Steininger, COO (CPG 7417). Samples were analyzed by American Assay Labs of Sparks, NV. Sufficient commercially prepared standards, blanks, and duplicates were inserted to assure quality analytical results. Data verification of the analytical results included a statistical analysis of the duplicates, standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

    About NuLegacy: NuLegacy Gold has discovered a classic Carlin-type oxidized gold deposit (the Iceberg) with an exploration target(ii) of 90 to 110 million tonnes grading between 0.90 gram and 1.10 gram of gold/tonne in the famed Cortez gold-trend of Nevada. The Iceberg is on a 60 sq. km portion of the Cortez optioned from Barrick Gold Corporation and is on trend with three of Barrick's multi-million ounce Carlin-type systems that are its largest, lowest cost and politically safest gold deposits(iii) in the world. The Iceberg is adjacent(iv) to the third of these, the Goldrush deposit,(v) which is the most significant green-field discovery by a major gold producer in the past five years.

    On Behalf Of NuLegacy Gold Corporation

    James E Anderson, Chief Executive Officer

    Dr. Roger Steininger, NuLegacy's chief operating officer is a Certified Professional Geologist (CPG 7417) and the qualified person as defined by NI 43-101, Standards of Disclosure for Mineral Projects responsible for preparing and reviewing the scientific and technical information contained in this news release.

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    Verfasst von Marketwired
    NuLegacy Reports Gold Assays - Seite 2 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 …