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  1. Default NVGC - Nevada Gold Corp

    NVGC Company Description
    Nevada Gold Corp (OTCQB:NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.

    The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favourable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.

    Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.

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    NVGC Key Company Management
    President and Director – Merrill W. Moses
    -Owned 8 different Restaurants by the age of 23
    -Successfully operated an Oil & Gas company, Intercontinental Oil & Research for over a decade
    -Founding partner of Liberty Capital International (LCI)
    -Merrill stewarded LCI’s acquisitions of over $1.5Billion USD worth of Caspian Sea oil fields in Khuzestan
    -Created Cambridge Financial Services Inc. one of California’s largest and successful Mortgage Banking firms
    -Holds various state Broker licenses
    -Served as President George W. Bush’s Honorary Chairman of the “House Majority Trust”

    Vice President and Director – Charles C. Hooper
    -Graduate Systems Engineer of the UCLA, Master of Science Degree and Doctorate in Finance from U.S. Naval Post Graduate School
    -Began career as a reliability systems engineer for Litton Industries
    Officer in the U.S. Navy, serving two tours in Viet Nam, receiving numerous medals and commendations
    -Owner of Old Town Financial in La Jolla, California, designer, financier and developer of shopping centers, office buildings, resorts.
    -Master planned communities, apartments, health clubs, single family homes and ranch estates valued over $500 Million USD
    -Additionally arranged over $3.3 Billion USD in project financing for clients
    -Registered Investment Advisor by age 21, has held securities, insurance and real estate licenses for over 36 years
    -Over the past 10 years has been CEO of two publicly traded companies

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    News $NVGC to Immediately Send a Three-Man Crew to Northern Nevada's Diamond Jim Mine 11/14/13 http://finance.yahoo.com/news/nevad...send-120000077.html?soc_src=mediacontentstory

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    Message from the president:
    I would like to thank all present and future shareholders for their interest in being part of Nevada Gold Corp. As I look to our future, I am excited to be part of Nevada’s newest gold trend, The Long Canyon Trend. Nevada State has always been the country’s leader in the exploration, development and production of gold and silver. Mining has always played a major role in Nevada’s employment and tax base.

    We are very excited about our most recent option agreement to acquire a 75 percent interest in the former producing Diamond Jim Mine also located in the Northern Nevada. This former operation mine is rich in local history and was quite a going concern many years ago. Nevada Gold Corp intends to prioritize this exploration target as early as late September of this year. The former owners of the Diamond Jim Mine produced very encouraging results in the mid-1980's however metal prices at the time were significantly lower than 2013 prices. It's our desire to eventually re-enter the underground workings of the Diamond Jim mine to confirm these previous results. On our website we have posted old maps and results form the the former owners. We encourage shareholder to have a look at this data.

    Nevada Gold Corp’s recent option agreement to acquire a claim block in the Long Canyon Trend is very timely. While our option properties are of a grass roots nature, they are located in an area of significant exploration activities from start-up exploration companies to that of global mining companies. Nevada Gold Corp’s first endeavour will be to complete a surface and air-born geological survey, to produce an exploration report for moving forward.

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    ALS Chemex Labs Inc. is internationally recognized for the services it provides for mining and mineral exploration companies in North America and internationally. ALS Chemex Labs Inc. is considered to be one of the most reputable geochemical and assaying laboratories operating around the world. Receiving and processing rock and soil samples in a timely manner is of the utmost importance and ALS Chemex Labs is located less than 70 miles from the Diamond Jim Mine project. Field supervisor for the Diamond Jim project expects samples to arrive at the Elko Chemex Lab facility on a daily basis. The Nevada Gold Corp team will be housed in Elko throughout the duration of phase one of this program.

 

 

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