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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 Evenkeel123on May 23, 2024 6:36pm
98 Views
Post# 36054900

Gee, I just found this, guys.

Gee, I just found this, guys.https://www.mdpi.com/2075-163X/12/11/1465

Lots more at shortcut, but below is a brief synopsis.

Abstract

The demand for deep prospecting has led to an increase in the enthusiasm for seismic techniques in mineral exploration. Reflection seismology applications in the base metal industry have achieved success. For orogenic gold deposits, however, their applicable conditions remain to be investigated. This paper simulated seismic wave propagation based on a finite-difference algorithm with an accuracy of eighth order in space and second order in time to investigate the factors influencing the reflection seismic exploration results. Then, the paper assessed the algorithm’s feasibility for orogenic gold deposits, taking the giant Zaozigou deposit in central China as an example. The forward modeling showed that the petrophysical properties, dimensions, and dip of targets significantly affected the seismic exploration results. In the Zaozigou model, shallowly dipping orebodies were well imaged with precise extension and thickness. Steeply dipping orebodies were recognized but their thickness information was lost. Steeply dipping orebodies at depth were not detectable under a surface configuration. These problems could be effectively solved by increasing the array length and using vertical seismic profiling methods. For small orebodies, multiwave and multicomponent seismic techniques offered more valuable information in terms of mineral exploration. In conclusion, it was possible to locate orogenic gold deposits using the reflection seismology method.
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