NuLegacy Gold reports that drilling has commenced on the Central Mineralized Zone (CMZ), located on its Red Hill Project, Nevada. As detailed on our website at CMZ Drill-site Map the first hole, RHB-007, is being drilled to the west at -60 degrees from the same drill-site (Site3) as RHB-006, the discovery hole. The angle and direction of the [...]
NuLegacy Gold has arranged a non-brokered private placement of 10 million units at a price of $0.15 per Unit to raise $1.5 million. Each Unit consists of one common share and one-half share purchase warrant, with each full warrant entitling the holder thereof to purchase one additional common share of the Company for a period of 24 months, subject [...]
NuLegacy reports that it has received the drill permits for the second-phase drill program to follow-up the down-dip extension of the recently discovered deposit (NR June 13, 2012) in the Central Mineralized Zone (CMZ), located on the Red Hill Gold Project. Drilling on the CMZ - one of four Carlin-type gold-bearing systems identified to date on our [...]
NuLegacy is pleased to report the addition of Ms. Petra Decher as a director of the Company and Chairperson of its Audit Committee. Ms. Petra Decher adds a wealth of financial and mining industry experience to our board with over ten years of experience in the industry. Ms. Decher has extensive experience in negotiating and completing mergers [...]
NuLegacy Gold Board of Directors is pleased to report that it has appointed Mr. James Anderson as Chief Executive Officer and a director of the Company. Dr. Roger Steininger will continue as Chief Operating Officer, responsible for exploration and property acquisition, while Mr. Albert Matter, CEO since inception of the Company, will serve as [...]
NuLegacy is pleased to announce an exciting new phase in the Company's advancement: an oxide zone development drilling program at the Red Hills gold project located in Nevada. The 100 sq. km Red Hill project is in the Cortez trend adjacent to Barrick Gold Corp.'s recently announced multi-million ounce Goldrush discovery. "We started our Red Hill [...]
NuLegacy reports exploration progress and assays from four of the twelve exploration drill holes recently completed on its Red Hill project in Nevada. The 100 sq. km Red Hill Project is located in the Cortez Gold Trend adjacent to Barrick Gold Corp.'s Cortez property with its recently announced Goldrush discovery. The program was designed to test [...]
NuLegacy reports that it has completed an initial closing of the non-brokered private placement announced June 18, 2012. The Company has sold a total of 2.2 million units of the 3.5 million offered at a price of $0.20 per Unit for gross proceeds of $440,000. Each Unit consists of one common share and one share purchase warrant, each warrant [...]
NuLegacy announces a non-brokered private placement of up to 3.5 million units at a price of $0.20 per Unit to raise up to $700,000. Each Unit consists of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share of the Company for a period of 24 months at a price of $0.30 [...]
