~ Updates Investor Presentation ~
NUG:TSXV / NULGF:OTC
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NuLegacy Gold
C O R P O R A T I O N
- NuLegacy Reports Executive Changes -
~ Updates Investor Presentation ~
April 16, 2019 - Reno, NV – NuLegacy Gold is pleased to announce the following changes to its
leadership team:
• Mr. Alex Davidson is appointed as Chairman of the Board. Alex is a former Executive VP
of Barrick Gold.
• Mr. Albert Matter resumes his founding role as CEO of the Company.
• Mr. James Anderson is retiring as CEO of NuLegacy Gold to pursue a new career as
Chairman, President and Chief Executive Officer of Vangold Mining Corp ; he will
continue as a Director of NuLegacy.
• Mr. Alan Hill, a former EVP of Barrick Gold and currently a NuLegacy Director will
oversee Engineering studies/evaluations.
Mr. Edward Cope will maintain his responsibility for Discovery and Evaluation. Edward was the
former VP for Northern American Exploration for Barrick Gold. Mr. John Budreski will continue
as Lead Independent Director and Dr. Roger Steininger co-founder of NuLegacy remains a
Director and the Company’s “QP”.
As founding partner, together with Dr. Roger Steininger , Mr. Matter was instrumental in
assembling and acquiring the Company’s current 108 sq km Red Hill property in the famed Cortez
Trend; the second largest gold trend1 in Nevada after the Carlin Trend located parallel and 40
miles to the north-east, for which these behemoth Carlin-style gold deposits are named.
Initially enrolled as directors, the above three former Barrick executives are now proactive
participants in NuLegacy. These gent lemen helped guide Barrick Gold’s most dramatic growth
period in the late 1990’s and early 2000’s through its acquisition of Sutton Resources, Arequipa
Resources, Homesta ke Mining, Lac Minerals and Placer-Dome, as well as the discovery of 50
million ounces of gold, and the building of four of the world’s largest gold mines.
In 2017-18, with the help of these former Barrick executives, NuLegacy was able to enroll four of
Barrick’s world class geo-technical team (listed below). These individuals, under Ed Cope’s direct
supervision, contributed to finding that 50 million ounces of gold in the Carlin and Cortez gold
trends of Nevada on behalf of Barrick over the past 15 years.
1 The three major Carlin-style gold deposits (on trend or adjacent to NuLegacy’s property) of the more recently discovered
Cortez trend (1998 to date) have produced in excess of 30 million ounces of gold with currently estimat ed remaining
endowment of >20 million ounces while the much longer exploited Carlin-trend (1965 to date) has produced > 88 million
ounces with an estimated remaining endowment of >30 million ounces.
NUG:TSXV / NULGF:OTC
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NuLegacy’s Barrick Alumni
Name Position with NUG Position at Barrick Period Other
Alex Davidson Dir, Chairman EVP of Exploration & Corporate Development 1996-2009 Chair, Yamana Gold
Ed Cope Dir, Discovery VP North American Exploration (NV) 1996-2016 n.a.
Alan Hill Dir, Engineering Executive VP 1984-2003 Chair, Teranga Gold
Charles Weakly District Geologist Regional Geologist 1996-2017 n.a.
Bill Mounts Drilling Supervisor Drilling Coordinator 1993-2016 n.a.
Denise Dowell Database Manager GIS Technician 2014-2016 n.a.
John Katseanes Deposit Modeling Exploration Technical Supervisor 1992-2016 Extrados, LLC
Together with NuLegacy’s long -standing exploration team members of Dr. Roger Steininger,
Garrett Frey, Bryan Kellie, Robert Spring, and JoAnn Newbury this former Barrick Gold geo -
technical team is transforming the prospects of our Red Hill property.
Please follow this link to updated Investor presentation: http://bit.ly/NUGInvestorPresentation
About NuLegacy Gold Corporation: NuLegacy is a Nevada exploration company focused on discovering additional
Carlin-style gold deposits on its premier district scale 108 sq. km (42 sq. mile) Red Hill Property in the prolific
Cortez gold trend of Nevada.
To date NuLegacy has discovered the Iceberg Carlin -style gold deposits and has identified several more highly
prospective exploration targets that are being drilled this year.
NuLegacy’s Red Hill Property is located on trend and adjacent i to the 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 minesii.
i The similarity and proximity of these deposits in the Cortez Trend is not necessarily indicative of the gold mineralization
in NuLegacy’s Red Hill Property.
ii As extrac ted from Barrick’s Q4 -2013 and Q1 -2014 reports. As reported by Barrick, t he Goldrush resource contains
8,557,000 indicated ounces of gold within 25.78 million tonnes grading ~10.57 g/t and 1,650,000 inferred ounces within
5.6 million tonnes grading ~9.0 g/t.
ON BEHALF OF NULEGACY GOLD CORPORATION
Albert J. Matter, Chief Executive Officer
For further information, please phone 604 -639-3640 or contact Albert Matter ( CEO) at [email protected] or visit
www.nulegacygold.com.
Roger Steininger , a Director of NuLegacy 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 approving the scientific and technical
information contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Service s 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 (including, but not limited to,
future management roles and personnel and upcoming exploration plans for the Red Hill Property) and reflect management’s current
expectations and assumptions. Such forward -looking statements reflect management’s curr ent 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
including, but not limited to, changes in personnel, actual results of exploration activities, environmental risks, future prices of gold,
operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, availability of financing and other risks
in the mining industry. There are no known resources or reserves in the Red Hill Property and the proposed exploration progra ms are
exploratory searches for commercial bodies of ore. In addition, the presence of gold resources on properties adjacent or near the Red
Hill Property (including, but not limited to, Barrick’s Goldrush property) is not necessarily indicative of the gold minerali zation on the
Red Hill Property. 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. 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.