Listen to the words of Dr. Quinton Hennigh. Still early days guys but it's already shaping up to be bigger and better than Fosterville. The Swan Zone at Fosterville only averaged 60 g/t gold over a 2 meter to 5 meter width. They will find a lot more high grade gold as they drill deeper. And this is just the Keats Zone. Imagine what they will find beneath the Golden Joint and Lotto Zones. And who knows what they will get at the Big Dave or at the JBP Fault or down at Eastern Pond on Queensway South. Absolutely huge high grade gold discovery. And Dr. Quinton Hennigh knows it and so does Eric Sprott.
Dr. Quinton Hennigh, Director of New Found, stated: "The progression of drilling at Keats including the recognition of the potential for multiple zones of high-grade gold mineralization in veining and associated structures at different orientations very closely parallels the discovery progression I observed in the high-grade discoveries at the Fosterville Mine. The initial drilling focused on the Lower Phoenix and Eagle zones leading to their discovery. As drilling progressed, multiple subsequent high-grade gold discoveries were made including the Swan Zone. I believe there is good potential for the discovery of multiple zones of high-grade gold mineralization at Keats and that we are starting to see evidence that we are moving in this direction.
Additionally, the newly discovered high-grade gold and sulphide mineralization in hole NFGC-21-238 is possibly analogous to another feature I observed at Fosterville. In the discovery drilling at the Lower Phoenix and Eagle zones at Fosterville, the grades of sulphide mineralization rapidly increased in proximity to the top of high-grade, quartz-gold lode mineralization. Based on this analogy New Found will drill test below the newly discovered high-grade sulphide mineralization encountered at Keats in hole NFGC-21-238 exploring for similar quartz-gold lode mineralization below this sulphide associated gold mineralization.
I believe that the progression and modelling at Fosterville is a valuable analogy to pursue at Keats and my excitement for the discovery potential at Keats continues to build as these new results come in."
Well Mega my brother that is certainly worth reading again and to
extrapolate on what your saying that as well as an analogous Ealgle
zone we could very well have eaglets.....as well as the Swan we may
very well have cignets.....but are we talking a cob and and a pen as
well?
This increased sulfide mineralization according to QH sure implies a
Swan zone as a shoe in if the analogy holds true.
Don't get me going on the Phoenix.
QH is the man and I do think I will post these words again and
hopefully with the reverance they deserve. IKE