type of business list

Type of Business List

Watch List: NuLegacy Gold Corporation. NuLegacy Gold Corporation (TSXV: NUG / U.S. OTC: NULGF) – NuLegacy Gold is a gold exploration company focused on the discovery of Carlin-type gold deposits in Nevada, United ...

Type of Business List

NuLegacy Gold Corporation (TSXV: NUG / U.S. OTC: NULGF) – NuLegacy Gold is a gold exploration company focused on the discovery of Carlin-type gold deposits in Nevada, United States. The company’s business model is to vend deposits to gold producers that will bring them to production. The company has secured two unique exploration properties, the Red Hill project in the Cortez segment of the Battle Mountain- Eureka trend and the Wood Hills project in the emerging Pequop trend. The company’s Wood Hills project is near Newmont’s Long Canyon discovery and its Red Hill project is adjacent to Barrick’s Goldrush discovery. The company has discovered near-surface Carlin-type oxidized gold mineralization at its Wood Hills project. At the company’s Red Hill project, preliminary exploration discovered near-surface gold mineralization in the Central Mineralized Zone (CMZ), which is a permitted, high priority drilling target. The company’s COO, Roger Steininger, who is a NI 43-101 Qualified Person, is credited with the discovery of the 21M oz Au South Pipeline and Long Valley gold deposits. Clients of Mr. Steininger’s former consulting practice included Royal Gold and Phelps Dodge. The company’s CEO, James Anderson, spent 19 years as an investment banker obtaining financing for numerous micro-cap public companies in the area of mineral exploration. The company currently has roughly $700,000 USD in cash and liquid investments and is raising $1.5 million in a non-brokered private placement. Insiders own 20% of the company.