NuLegacy Gold Corporation announced appointment of Mr. Michael Penick, B.S. Geology, to the team of Carlin-type gold system discovery consultants in developing 2023 drilling program for 108 sq.km Red Hill property in Nevada's famed Cortez gold-trend, one of the world's premier gold mining jurisdictions. Mr. Penick was an integral part of the Exploration team that was responsible for the discovery of the multi-million-ounce Goldrush gold deposit just to the northeast of Red Hill property 1. Mr. Penick has had a long and successful career in mineral exploration and management in copper, uranium and most particularly gold. Most notably, Mike held numerous positions in Nevada and globally for Barrick Gold, initially as Chief Mine Geologist at the Betze-Post Open Pit Goldstrike Mine where he was responsible for mine geology, geotechnical engineering, and resource modeling activities.

Later, after serving as Geological Services Manager at Kennecott's Bingham Canyon Copper Mine, he held the position of Chief Exploration Geologist for Barrick's Cortez district. Mike was then promoted to Director-USA Minesite Exploration of numerous Barrick-owned mine camps in the US including the Cortez, Goldstrike, Turquoise Ridge, Bald Mountain and Ruby Hill properties, after which, he became part of Barrick's efforts in exploration support on all global mine sites as Manager-Minex. Both Nancy Richter, formerly US Exploration Manager, Barrick Gold Exploration Inc., who recently became a consultant to NuLegacy Gold, and longtime Exploration Manager, Charles Weakly worked under Mike's guidance while at Barrick.