NuLegacy Gold (OTC Other: NULGF; TSX-V: NUG) has assayed ten holes of a planned twenty hole reverse circulation reconnaissance drilling program on the Wood Hills South gold project, Elko County, Nevada. The Wood Hills South Project, optioned from Renaissance Gold Inc. (TSX:REN), is located eight miles southwest of and contiguous to the West Pequop and Long Canyon gold deposits (in the Pequop Gold district of north-central Nevada) that were acquired in 2011 by Newmont Mining Corp. for approximately $2.3 billion.
The most significant hole, WHS11-007, returned a near surface oxidized 10.7 meter interval from 83.8 to 94.5 meters down hole that averaged 0.40 g/t gold within approximately 60 meters of anomalous gold (>10 ppb) mineralization and the associated Carlin-type style trace elements. This mineralization occurs in iron oxide bearing silicified inter-layered silty limestones and dolomites (carbonates). Immediately below the higher grade interval is an altered and gold-bearing mineralized intrusive, which is an important relationship in the Pequop Gold District.