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 exploration drilling just 18 months ago," says Dr. Roger Steininger [...]
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 three targets(1) that have geology similar to that hosting Goldrush.
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 entitling the holder thereof to purchase one additional common share of the [...]
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 during the first 12 months and $0.45 during the last 12 months.
+4100,00 %
-72,50 %
