New Found Gold Corp V.NFG

Breccia zones

[Retiredgeo]

Breccia zones seldom match Quartz veins in grade but their volumes and tonnages can be far greater.  This press release probably doesn't mean anything to a speculator but to a mine builder it can be a nexus moment.

[Gangsterme]

Read what retiredgeo wrote, this is very important as when a fund looks at this company it will mean a massive in flow of cash and this, after all, is what we are all expecting to happen as more of the drilling assays continue to show an ever increasing size to these deposits.

[megacopper]

  It's interesting that the Rock Doctor had the same reaction to this news as you and was really excited by this news. He said anytime you can get that kind of grade in breccia type rock is a really good thing and he said this could add a lot of tonnage to the deposit if they find a lot more of it.  Well duh thanks for that one Captain Obvious. Lol Personally I wasn't

[diabase1]

Great point Retiredgeo! Any ideas as to what the rocktype may be in this area, when you get brecciation?

[Retiredgeo]

The rock should be the same sedimentary rock as everywhere else along the Keates-Lotto corridor.  It can be difficult to think of rocks as being elastic but under pressure and often heat many will warp, bend and contort into bizarre 3D patterns.  Some layers are nonelastic and will shatter before they bend creating fold breccias.  This breccia zone could have been an exceptionally

[Gangsterme]

So Retiredgeo, what do you think, a few majors have or are calling NFG and expressing a serious interest only to be told call us back in a year or so when we have completed our drilling program and have a much better and more complete idea of the overall extent off this massive property.  My interpretation is based solely on the amount of drilling completed so far and the amount still to be

[Retiredgeo]

If I was in charge of a major I would buy up NFG and lock up the entire property.  A rich, near surface Orogenic gold system next to civilization in a friendly, first world jurisdiction comes along once in a life time.  All of this requires boldness and a willingness to put your butt on the line.  In the grande scheme of things I don't think majors are pestering NFG at this time

[diabase1]

Thanks Retiredgeo. That was very helpful. I initially thought about mafic volcanics (basalts?), but I wasn't sure if there were any in this area.