New Found Gold Strikes Again This is one of my favourite videos (see below) with NFG's big intersection of 25 meters of 146 g/t gold on the Keats Zone. Very informative explanation of quartz flooding and the formation of epizonal deposits.
https://m.youtube.com/watch?v=S6aU-VD_Q54
So I also added this paragraph below from last weeks news release that hit a new high grade zone in the footwall of the Keats Zone. As Quinton Hennigh points out that at Fosterville and now at Queensway there is a high sulphide content in the top of the high grade gold zones. So this is undoubtedly the top of another zone. They will drill below this and hit another zone. There is no doubt in my mind.
Mother Nature has not only repeated all of these zones along the entire length of the Appleton Fault but also at depth. So as I have mentioned so many times before that the vertical component of this gold system is going to blow our minds. How many more of these high grade zones are layered on top of each other as they go deeper? Nobody knows the answer but it looks as if they are already into the top of a second system and they are only down at a vertical depth of 300 meters. Just imagine how many more of these zones they will hit once they get down to 1000 meters or even 1500 meters and beyond like they are at Fosterville.
Guys this gold system is absolutely mind blowing and once the market figures out what Eric Sprott and Quinton Hennigh know is about to happen you will see NFG soar much higher than any of us have dreamed. So just so I am clear and everyone understands the implications of this recent news. And why myself and the Rock Doctor got so excited and had several celebration drinks a couple days ago that carried on into the next day with the recent news release that the market sort of brushed off. Not only do they have zone after zone along the 100 km strike length of the Appleton Fault in the horizontal direction but these zones will be layered zone after zone going deep in the vertical direction. I don't think the market understands it yet but they will eventually. It will take decades to find all the gold on this property. This gold property will go down in history as one of the best on the planet. It will be of Epic Proportions with extremely high grade gold and there will be lots of it. The smart guys who recognize what is happening geologically here recently will become multimillionaires. The best is still to come guys!!!
https://stockhouse.com/news/press-releases/2021/10/13/new-found-discovers-new-high-grade-zone-at-keats-intercepts-88-53-g-t-au-over-3
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.