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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Post by Flyderon Sep 23, 2021 9:04am
162 Views
Post# 33904040

A flood of assay results on their way to us this winter

A flood of assay results on their way to us this winterThat's the third news release in 3 weeks.  The assays are starting to flow again, and with  20,000 meters of core pending assay results, and a 10th rig on its way this quarter, it's going to be one heck of a winter for NFG shareholders.  The prospectors/geologists are obviously scouring the entire length of the Appleton Fault.  And to think we are only getting results so far from the very northern reaches of their entire property.  And we haven't even heard from the JBP fault area yet. 

I liked this comment from Greg M about these 2 rock samples reported on today:


Over 20 years ago a single high-grade float sample was located along the Appleton Fault yielding 1,869 g/t Au; this sample led to the eventual discovery of the nearby Keats Zone. The continued drill expansion of the high-grade Keats Zone demonstrates our ability to find the source of such high-grade samples.
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