New Found Gold Corp V.NFG

Assay results

[Gangsterme]

Like many I am surprised at the length of time between any published core results. On a 200 meter core I would think that they are only sending the lengths that have any reasonable likelyhood of having any mineralization of interest.
Thus we are not waiting on hundreds and hundreds of metres of core to be analyzed. This should not be taking so long, only answer is they are waiting for the results of the original lab results to be explained. That being said why then the three results published so far this year? I do not have any logical explanation, does anyone?

[Global1966]

They said they would not release anything other than full core results until the QAQC results issue is resolved. They originally said it would be before this time but it looks like it will take longer. Whatever that means, is open to interpretation. 80 cores were sent to Perth.for double core assays. At the current rate of results being obtained we could have the results of these by 2029.. 

[Kewl002]

Unless the 80 cores were part of the same bonanza drill hole that was already released........I've asked IR for clarification.........

[Kewl002]

OK --  IR is fantastic and they respond quickly!! Regarding the 80 cores sent to Australia......as follows: "The company sent two holes to the laboratory in Australia, one of which has been received fully and released. The other has not yet been released, but we expect to do so as soon as we are in position to be able to. Very best," So the 80 cores were from only 2 drill

[itsjustme1]

Sounds to me like it could be a dud, but will throw it in with some later better assays. Hope I am wrong

[Flyder]

Could also be interepreted to mean Australia hasn't released them to the company yet.

[Global1966]

Very cryptic use of language.

[Kewl002]

UPDATE -- and an endorsement of NFG IR who are easy to work! Should you have questions for our NFG team, I encourage you to ask IR for comment. It is what we pay them to do and they seem quite good at it! Per the attached, the requested clarification on wording of their original response has been received. It seems logical to me and sounds  like the Australia experiment was a beast to deal

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[itsjustme1]

[/quote Great job Kewl002. Appreciate your efforts In the end though IR just did there job. Put out a positive spin and kick the can down the road. Conclusion coming in the coming days. Not much changed. Still waiting     and waiting        and waiting      ZZZZZZ

[Kewl002]

No insight on why it is taking so long -- however -- in the response to a shareholders question of a week ago -  IR commented that they could not release any 1/2 core assays until the lab review was complete and the results published. Based on the wording, I am speculating that they continue to receive 1/2 core assay results that they are using to help define future drill hole locations and

[likeike]

Kewl002 very good post. You have articulated what I could not but thought also. So many here cannot grasp that they may very well be setting a new industry  standard for assays concerning nuggety gold which is problematic by definition. Good on you for following up on management. Kudos.  So nice to hear then this constant moaning of when we are going to get drill  results. You&