![]() The larger bodies of these favorable Cretaceous diorites are interpreted at depth based on strong resistive zones in CSAMT geophysics, and coincident zones of stronger metamorphic alteration mapped at surface and intercepted in drilling. The link between gold mineralization and metamorphic alteration is encouraging, as very-high grades can occur in this setting as at the Cortez Fourmile and the southern margins of the Goldstrike Betze-Post gold deposits.¹ At Red Hill, a Cretaceous diorite intrusive is associated with metamorphic alteration, with dike zones known to occur along the Iceberg Corridor, the Mid Rift target area, and are inferred from surface mapped metamorphic alteration to the east of the Iceberg fault. Prior drilling has shown an approximate 3-kilometer-wide zone of Carlin-type alteration and local gold mineralization under the volcanic cover rocks of the Northern Nevada Rift. The host rocks for the Carlin-type gold mineralization include the Devonian Wenban Unit 5, Devonian Horse Canyon, and Devonian-Silurian Roberts Mountains formations. The gold mineralization found to date at Red Hill is similar to that of the high-grade Cortez Fourmile deposit area, localized at the intersections of high and low-angle faults with associated metamorphic alteration and local to moderate scale folding. As well, the large displacement (>300m) north-northwest trending steep dipping faults with proximal gold mineralization can be traced from the Cortez mine area through NuLegacy’s Red Hill property, providing an additional link between the two properties. km Red Hill property in the Cortez gold-trend approximately 7 km south of Nevada Gold Mines’ multi-million-ounce Tier 1 Goldrush gold deposit¹ concluded that the Cortez-Goldrush-Red Hill block is unique, with continuous deposition of favorable slope facies carbonate rocks from the Roberts Mountains through the Wenban formations. The review of NuLegacy’s flagship 108 sq. ![]() View this news release with graphics displayed at: 21, 2023), and Robert Leonardson (April 11, 2023), have completed their in-depth global review and analysis of the Carlin-style gold mineralizing systems at NuLegacy’s Red Hill property and have agreed on the top 5 priority drill targets for the 2023 drill program. ![]() Roger Steininger (director, and co-founder) and Charles Weakly (Exploration Manager), together with recently enrolled key members of Barrick’s former Goldrush discovery team, Nancy Richter (joined NuLegacy’s team as of Feb. RENO, Nev., J(GLOBE NEWSWIRE) - NuLegacy Gold’s geological team of Dr.
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