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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 Malpeque2on Jan 29, 2022 8:30am
274 Views
Post# 34374144

Golden Joint Press Release dated Jan 19th, 2022

Golden Joint Press Release dated Jan 19th, 2022New Zones are NOT being discovered all the time.   This is BS.     IF you look at the PR mentioned here particlularly FIG 2.   They have the color coded Drill Hits.

Godlen  Joint reported results are only about 100M Wide along the Appleton Fault Strike.  I would be way more interested in Drills #443, 461, and 416 along the strike lenght than what they found at depth direclty under the 100M wide interval along strike.   

Would also be more interested in what is at Keats North and Dome zones to see more continuity along strike.    Other than Keats I am not seeing these drill results that show me the continuity along strike is getting big.  

So for Golden Joint lets give it 10g/ton for 3 Meters.   Average of all the drills.   300M deep.   100M wide along strike.   The main vein is 3M wide.  2.8 ton/ cubic meter.     We have about 250,000 oz at 1 ounce per cubic meter!     At about 10g ton we have about 1/3rd of that or 85K oz.

At 20g/ton the ounces double.   At 4 meters wide and 20g /tonne we have about 225K oz.   

Looks like the "TRUTH" detector has some work ahead of it.   

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