Post by
AlwaysLong683 on Apr 27, 2021 8:19am
Another Excellent New Assay
NFG Press Release today (April 27) revealed a 63.7 over 8.45m step-out hole at Keats.
This time It only took them 7 days from the last assay results press release (April 20).
From today's press release:
Greg Matheson, P.Geo., Chief Operating Officer of New Found, stated:
“The intervals of 63.7 g/t Au over 8.45m and 16.9 g/t over 2.5m in Hole NFGC-21-143 extend the Keats high-grade zone approximately 50m down plunge from the deepest previously reported hole NFGC-21-118, which returned 61.8 g/t over 13.7m.
We are very encouraged that we continue to hit high grade as we step out in this direction, with the zone remaining wide open in the down plunge direction.
The interpreted south plunging dilation zone is now drill defined over 350m down plunge and two drills are continuing step-outs in this direction, with results pending from several additional holes in the down plunge direction (Figure 1).
Drilling has also continued to intercept high-grade gold mineralization outside of this dilation zone within the broader host Keats Baseline fault zone, particularly between this dilation zone and surface, and one drill is dedicated to infilling this area.
We are excited that the size of the drill defined high grade gold mineralization at Keats continues to build with the ongoing step out and infill drilling.”
Comment by
megacopper on Apr 27, 2021 9:02am
And the great drill results keep on coming. Gotta love it. NFG is onto an awesome high grade gold discovery. The best in decades in my opinion.