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NuLegacy Gold: Avocado Discovery Confirmed as Carlin-Type Gold Deposit

RENO, NEVADA--(Marketwired - Sept. 13, 2016) - NuLegacy Gold Corporation (TSX VENTURE:NUG)(OTCQX:NULGF) is pleased to report that the assay results from hole AV

articleNulegacy Gold CorporationSeptember 13, 20163/company/nulegacy-gold-corporation/news/nulegacy-gold-avocado-discovery-confirmed-as-carlin-type-gold-deposit
NuLegacy Gold: Avocado Discovery Confirmed as Carlin-Type Gold Deposit

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[{"type":"text","content":"RENO, NEVADA--(Marketwired - Sept. 13, 2016) - NuLegacy Gold Corporation (TSX VENTURE:NUG)(OTCQX:NULGF) is pleased to report that the assay results from hole AV-02 confirm the Avocado IP/Resistivity anomaly hosts a Carlin-type gold deposit. This is the second Carlin-type gold deposit (Iceberg being the first) discovered within NuLegacy's 100% owned 38 sq. mile Cortez-trend property (the Red Hill project) in Nevada. Hole AV-02, located 1,750 meters north-west of the Iceberg gold deposit, has discovered a massive bloom of gold grading 0.26 g/t over 199.7 meters (655 feet) including 24 and 35 meter intervals of 0.5-gram material, and 10 and 13 meter intervals of better than 1.0-gram material (details in table below). The gold mineralization is continuous from a depth of 415 meters to the bottom of the hole at 615 meters (200 m interval). PDF.js viewer Thumbnails Document Outline Attachments Layers Current Outline Item Previous Next Highlight All Match Case Match Diacritics Whole Words Color Size Color Thickness Opacity Open Print Save Presentation Mode Current Page Go to First Page Go to Last Page Rotate Clockwise Rotate Counterclockwise Text Selection Tool Hand Tool Page Scrolling Vertical Scrolling Horizontal Scrolling Wrapped Scrolling No Spreads Odd Spreads Even Spreads Document Properties… Toggle Sidebar Find Previous Next Open Print Save Text Draw Tools Zoom Out Zoom In Automatic Zoom Actual Size Page Fit Page Width 50% 75% 100% 125% 150% 200% 300% 400% Enter the password to open this PDF file: Cancel OK File name: - File size: - Title: - Author: - Subject: - Keywords: - Creation Date: - Modification Date: - Creator: - PDF Producer: - PDF Version: - Page Count: - Page Size: - Fast Web View: - Close Preparing document for printing… 0% Cancel \"We are very encouraged by the results from Hole AV-02\", says Dr. Roger Steininger NuLegacy's CGO, \"This is the second Carlin-type gold system we have confirmed on the property. It is at the same depth as Barrick Gold's multi-million ounce Goldrush deposit just 9 km to the northwest and on trend with the Avocado and Iceberg depositsii. Compilation and reinterpretation of all available data is underway and additional IP geophysical lines are being surveyed to vector the next drilling for higher grade gold mineralization\". AV-02 is 120 meters north of AV-01 (reported 10/28/2014) which re...

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