RENO, NEVADA--(Marketwired - Apr 4, 2017) - NuLegacy Gold Corporation is pleased to announce that it has engaged Hybrid Financial Ltd., an independent marketing and branding company providing marketing, distribution and branding services focused on introducing NuLegacy to registered dealers and advisors through direct (telephone) and email marketing campaigns.
With offices in Toronto and Montreal, Hybrid was founded in early 2011 to provide retail-focused origination and distribution services to the investment advisory industry throughout North America. Hybrid has a dedicated team of over 70 sales professionals with access to ~300,000 retail advisors across North America.
The engagement is for a term of three months expiring June 30, 2017, subject to extension on a month to month basis by agreement, at a fee of C$7,500 per month and will be funded out of the Company's general working capital.
About NuLegacy: NuLegacy Gold Corporation is an advanced stage Nevada exploration company focusing on the discovery of district scale Carlin-style gold deposits on its premier 98-sq. km (35 sq. mile) Cortez-trend Project in the prolific Cortez gold trend of Nevada.
To date we have discovered the Icebergi and the Avocado Carlin-style gold deposits and have identified three more highly prospective exploration targets (The Deep Iceberg, VIO and Jasperoid Basin geo-physical anomalies) to be drilled this year.
NuLegacy's Cortez-trend Project is located on trend and adjacentii to three multi-million ounce Carlin-type gold deposits (the Pipeline, Cortez Hills and Goldrush deposits) that are amongst Barrick Gold's largest, lowest cost and politically safest gold assetsiii.
|i||An established exploration target of 90-110 million tonnes of 0.9 to 1.1 grams of gold per tonne. These figures are conceptual in nature and derived from a compilation of 149 historic and 34 NuLegacy drill holes. To date, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.|
|ii||The similarity and proximity of these deposits in the Cortez Trend is not necessarily indicative of the gold mineralization in the Cortez-trend Project.|
|iii||As extracted from Barrick's Q4-2013 and Q1-2014 reports.|
On Behalf Of NuLegacy Gold Corporation
James E Anderson, Chief Executive Officer
For further information, please visit www.nulegacygold.com.
Dr. Roger Steininger, NuLegacy's Chief Geoscience Officer is a Certified Professional Geologist (CPG 7417) and the qualified person as defined by NI 43-101, Standards of Disclosure for Mineral Projects, responsible for preparing and reviewing the scientific and technical information contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. There are no known resources or reserves in NuLegacy's Cortez-trend Project and the proposed exploration programs are exploratory searches for commercial bodies of ore. In addition, the presence of gold deposits on properties adjacent or near the Cortez-trend Project is not necessarily indicative of the gold mineralization on the Cortez-trend Project. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com including our annual management's discussion and analysis dated July 28, 2016 for the year ended March 31, 2016. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation.