Significant drilling will commence again this Spring on NuLegacy Gold Corp.’s (TSX-V: NUG; OTCQB: NULGF) highly prospective Rift Anticline target on its flagship 108-sq. km Red Hill gold property in Nevada’s prolific Cortez gold trend. The drilling of 12, perhaps 13 more holes will start in April. These will be much deeper holes than have been drilled in the past, up to ~4,000 ft.
On January 15th management announced the rapid (five business days) subscription for a 100M unit private placement, (gross proceeds = $12.5M), expected to formally close this week. Will 2021 be the year that NuLegacy cracks the code of the Rift Anticline formation on its large property?
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