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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Delineating and ore body
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Post by rummager on Aug 24, 2021 7:42am

Delineating and ore body

To get an arcuate 3-D picture of an ore body, I assume it means drilling depth, width, and length, until drill core comes up empty. Can we assume that that is what is now happening given the absence of news??? My ignorance may be showing!!!
Comment by Global1966 on Aug 24, 2021 7:51am
I think they have news but just choosing a time to release it. They have to come up with an initial resource. This isn't necessarily the full orebody. Depth will be a crucial factor because if it goes down to say 1000 metres at Keats, the ounces and grading will be thru the roof. Note that Fosterville only starts at 1000 metres. Assay labs are backed up everywhere but it doesn't fully ...more  
Comment by Flyder on Aug 24, 2021 8:58am
Not 2.5 months since last news from Keats, but 1.5 months.  Below Fig. 4, under "Keats Main" are new results they reported in the July 6th news release: https://stockhouse.com/news/press-releases/2021/07/06/new-found-provides-appleton-fault-zone-exploration-update
Comment by Retiredgeo on Aug 24, 2021 8:36am
I doubt that they would publish any kind of data in any form before it is released to the share holders.  The video looks like a compilation of published drill holes, perhaps with some of that fancy SPOT AI.
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