NuLegacy Gold Corporation (TSXV:NUG) announced that the focus of its 2013 exploration programs be on further investigating the 2012 discoveries made in the Central Mineralized Zone of its Red Hill Project and the pediment of its Wood Hills Project.
As quoted in the press release:
The Wood Hills project is at a lower elevation allowing access earlier in the year. Therefore the exploration program is planned to commence with a 5 hole drilling program on the Wood Hills in February, followed by a 10-12 hole program on the Red Hill Project starting late-March/early April, 2013.
NuLegacy’s COO, Roger Steininger, said:
We have discovered a high grade near-surface oxide gold deposit (the Iceberg deposit) that has the potential in and of itself to become economic, and there is also the potential for deeper and higher grade sulphide gold mineralization.