NuLegacy Gold (NUG.V) has announced it started drilling at its Iceberg project in Nevada. The company plans to drill 9,000 meters of reverse circulation drilling and approximately 600 meters of core drilling in 30-35 holes to test the mineralized zone for higher grade oxide mineralization at depth and to find sulphide mineralization.
This year will be very important for NuLegacy Gold, and we plan to keep an eye on the company’s progress.
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Disclosure: The author holds no position in NuLegacy Gold. Please see our disclaimer for current positions.