Permit Approval Received For Red Hill Gold Project

RENO, NV - NuLegacy Gold Corporation has received final approval from the Bureau of Land Management (BLM) of a modified Plan of Operations (POP) on its 100% controlled Red Hill gold project in the Carlin gold-trend of Nevada. With this permit approval, the planned Phase One exploration drill program of the highly prospective Rift Anticline target can commence.

NuLegacy has identified three high-priority drill targets in the northern half of the Rift Anticline and three additional targets extending south along a north northwest-oriented corridor measuring 5.5 km long and up to 1.2 km wide.

The Rift Anticline is a buried ridge of Paleozoic sedimentary rocks considered favorable for discovery of Carlin style gold mineralization. Detailed drill plans have been developed to undertake an initial 16-hole, approximately 11,250 meters drill program that should comprehensively test each target commencing with the most developed northern targets.

NuLegacy plans to drill three to five core holes in the most developed targets commencing mid-October. The balance of the 16-hole program is scheduled for completion in the spring of 2021. Specific details of the drill program will be provided as confirmed.

Mark Bradley, Vice-President, Exploration, said, "Our new structural model for the Rift Anticline is a powerful exploration tool, allowing us to prioritize our initial drilling efforts within the large, 5-6 sq. km Rift Anticline target area thus optimizing chances for early discovery. The trend is our friend – NuLegacy Gold is focused on confirming high-grade Carlin-style gold deposits on its premier 108 sq. km (42 sq. mile) district scale Red Hill Property in the Cortez gold trend of Nevada.”