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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 Retiredgeoon Aug 09, 2023 7:06am
209 Views
Post# 35578956

Press release

Press releaseHoles 1033, 1095, 1103,1317 and 1346 all tested the SW extension of Iceberg and came up empty.  On the plan view you can see the big thick iceberg red line being truncated to the SW.  All of these holes are SW of that.

Holes 1157 and 1259B were two 25 m stepouts of the 1176-1217 line which did pop in the past.  Hole 1157 now holds the record for the deepest hole at Iceberg to date.

Hole 1203 was a 25 m stepout of the 1283-1241 line which encountered only sniffs in the past.

Lastly, hole 1289 was a fill in of the 1170-1181-1232 line which also encountered only sniffs in the past.

Most of the better holes are to the NE.
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