NuLegacy Gold Corporation reports its initial 40 hole (35,000 ft.) 2017 drilling program (to be expanded as warranted) has commenced with the arrival of the first of two drill rigs; the second rig is scheduled to arrive mid-May.
The initial 2017 exploration program will focus on:
- Expanding the extent of the gold mineralization in the Avocado deposit,
- Drilling the Deep Iceberg IP anomaly to confirm it as the third gold deposit identified to date,
- Exploring the VIO and Jasperoid Basin anomalies to establish their prospectivity as deposits, as well as,
- Expanding the gold content of the established near-surface oxide Iceberg gold deposit, an exploration target of 90-110 million tonnes of 0.9 to 1.1 grams of gold per tonne (conceptual numbers.)(i)
Of the initial 35,000 ft. planned, 65% will consist of deeper drilling to explore for additional deposits and 35% will concentrate on expanding the gold footprint of the near-surface Iceberg deposit. Further geophysical and geochemical surveys are contracted for follow up on the success of last year's surveys in generating additional drill targets outside of the five currently confirmed mineralized areas.
We are fortunate to enroll three integral personnel to round out the geo-technical/deposit discovery team; Mr. John Katseanes, Ms. Denise Dowell and Mr. William (Bill) Mounts, all former consultants to Barrick Gold Exploration who have opted to work in the entrepreneurial junior exploration industry.
John Katseanes is a renowned geo-technical database architect; his mission is to ongoingly upgrade our data base architecture and accelerate our ability to analyze, interpret, and visualize (present in 3D models) the Red Hill Project geological environment to improve the targeting of the most prospective areas of gold mineralization in which to drill for high grade gold intercepts.
John will be ably assisted by Denise Dowell as our Geo-Technical Database Administer, who is responsible for the compilation, assimilation and maintenance of all databases relevant to the exploration of our Red Hill Project.
Bill Mounts is our new Drilling Supervisor responsible for overseeing all drilling and drilling contractors' relationships in Nevada. Bill has over 50 years of experience working with Newmont Exploration, Barrick Gold and numerous other major gold miners and is credited with saving these companies millions in their drilling expenses.