Nulegacy Gold Corporation

RENO, Nev., May 09, 2023 (GLOBE NEWSWIRE) -- NuLegacy Gold reports it has created a 2% GOR (gross overriding royalty) on its Red Hill Property (the “GOR”) in preparation for a successful 2023 drilling program and the possibility of vending of the property to a producing company. The GOR has been granted by NuLegacy Gold’s US subsidiary NuLegacy Gold Corporation NV, the holder of the Red Hill Property (“NUG NV”), in favour of NuLegacy Gold, the parent company, thereby allowing NuLegacy Gold’s public shareholders to continue to benefit from an...

RENO, Nev., April 11, 2023 (GLOBE NEWSWIRE) -- NuLegacy Gold is pleased to report enrolling the renowned Mr. Robert Leonardson, BSGE, MSG, Michigan Tech thus adding another member of the original “Goldrush discovery” team, with a view to improving the prospects of discovering a major Carlin gold deposit on our flagship 108 sq. km Red Hill property in the Cortez gold-trend of Nevada. One of Mr. Leonardson’s greatest contributions while at Barrick Gold Corp. was as a mentor. Charles Weakly, NuLegacy’s Exploration Manager, and the recently enrolled consultan...

RENO, Nev., March 21, 2023 (GLOBE NEWSWIRE) -- NuLegacy Gold reports on the second of several new consultancies as part of our strategy to expand our geo-team to increase and capitalize on the values we have established. We are pleased to welcome Mr. Michael Penick, B.S. Geology, who has joined our team of Carlin-type gold system discovery consultants in developing our 2023 drilling program for our 108 sq. km flagship Red Hill property in Nevada’s famed Cortez gold-trend, one of the world’s premier gold mining jurisdictions. Mr. Penick was an integral part of the Expl...