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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (3145)11/7/2013 9:48:55 PM
From: Goose94Read Replies (2) of 202925
 
NuLegacy Gold (NUG-V) arranges $2-million share exchange with Global Resources Investments Ltd. (GRIT), a United Kingdom-based company. NuLegacy intends to use the net proceeds from the subsequent sale of GRIT shares, together with the proceeds from its concurrent non-brokered private placement announced on Sept. 26, 2013, to finance further exploration and delineation of its Iceberg gold deposit in Nevada.

NuLegacy Gold optioned the highly prospective 60 sq. km Iceberg Project from Barrick Gold Corporation. The project, located in the heart of Nevada's prolific Cortez Trend, is between Barrick Gold's subsequently discovered and multi-million ounce Goldrush deposit immediately to the north, and US Gold's Tonkin Springs operation to the south.

NuLegacy Gold discovered the Iceberg near-surface oxidized deposit in one of the four gold-bearing Carlin-systems identified to date on property.
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