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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

Comment by megacopperon Nov 21, 2021 5:45pm
244 Views
Post# 34151151

RE:Up date

RE:Up date
knoxt wrote: It's going to be exciting to see the next round of results

Golden Joint is a new discovery area approximately 1km north of the Keats Zone. • An intercept of 430.2 g/t Au over 5.25m in hole NFGC-21-241 in new discovery at Golden Joint Zone announced June 30, 2021

High-grade gold now drill defined over 530m down plunge and approximately 300m vertically. • Hole NFGC-21-238 recently returned a new footwall discovery interval: 88.53 g/t Au over 3.35m. • Significant gold mineralization also intercepted at Keats North (200m north of Keats) and Cokes (500m west of Keats).

• Drilling to date at Lotto has defined a zone of high - grade gold mineralization with good continuity to a depth of approximately 130m and open. • Mineralization is hosted in an approximately 65 o dipping vein filled structure. • The mineralization drilled at Lotto is interpreted to display epizonal features similar to the high -grade gold mineralization encountered Keats.

A new zone of high-grade gold mineralization “Big Dave” has been discovered along the Appleton Fault with surface sampling returning up to 1,131 g/t • This showing is located 2km north of the Lotto Zone and 4km north of the Keats Zone • This newly found area illustrates the prospectivity along the Appleton Fault Zone









5.25m of 430.2 g/t Au

Golden Joint


 

 


Yes I was out there recently for a visit and there was a lot of activity on all 3 high grade gold zones with drilling and geophysical work. It was my first visit in about a month. The Golden Joint had two drills turning with one drill on each side of the Appleton Fault. It looks like one drill had just been recently moved over the to the Golden Joint West (GJW) and they have got a fairly large area cleared off with lots of fresh pegs for future holes.  


And they look to be setting up to move a drill back near the Road showing but just west of it. They have got my Godzilla Hill about 1/3 of it cleared off and a lot of fresh pegs in place spotted for more holes and they are headed in the direction of the Road Prospect but a bit to the west where they look to be gearing up to drill in there on a hill. 


I noticed they have got an old existing woods road cleared of trees and alders extending northward from the Lotto heading towards Big Dave. You can actually see it on google earth if you zoom in but it looks like it comes up about 1 km short of Big Dave. There was only the one drill on the Lotto this time. 


The Keats Zone has one drill on both far ends and two drills on the Keats Main Zone. And there is a drill back over on the Cokes Zone opposite of the Keats. The one drill on the far north end of the Keats was set up way back in the woods northeast of the main zone. Could be testing a new target or perhaps the far northern extension of the Keats. 



Still only one drill over on the JBP Fault but it's up northeast of H Pond now. 


The core yard has been enlarged and it is operational now with the security fence going all the way around it. 


So there you have to latest and greatest on Queensway North. There looked to be a piece of heavy equipment that had been on the Big Dave but I wasn't able to drive to the actual site. Stay tuned on that on that one. I'm guessing they are waiting for freeze up to drill that target. She was a tad bit muddy in there by the looks of it. Lol

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