New Found Gold Corp V.NFG

There is nothing complicated in mining the Keats main zone

[TheGreekGoldGuy]

Most of trhese holes have been drilled at the Keats main zone, along with near 100 other Bonaza grade holes  in this zone. If you check the New Found Gold website, you can find graphics, indicating that the main Keats is about 800 meters long. You can also find that most of these holes are very shallow, with most intervals starting near the surface. While the overall system at Queensway Nortrh may contain a complicated network of various sized intervals, there is nothing complicated about an open pit retrieva ofl the  high grade gold ore intervals at the Keats Main zone. Itr looks like a similar situation is developing at the Iceebrg zone, where NFG has barely started to drill. Do  not be fooled by the misleading posts on this board. Eventually there could be several open pit mines retrieving  NFG's shallow and extremely high grade gold. Also, do not be misled by frivilous comparisons of NFG to the project at Marathon Gold. 

GGG here, anxiously awaiting the Sewismic Survey graphics and followip confirmation drilling.

• Highlights from Keats drilling to date includes:
•  
  • †124.44g/t over 17.7m from 71.75m in hole NFGC-20-59
  • †75.21g/t over 23.5m from 95.00m in hole NFGC-19-01
  • 190.22g/t over 9.9m from 68.8m in hole NFGC-21-137
  • †65.27g/t over 15.95m from 33.65m in hole NFGC-21-122
  • †49.19g/t over 17.05m from 93.65m in hole NFGC-20-23 

105 g/t Au over 27.05m1	Iceberg	Jun 5, 2023
49.7 g/t Au over 29.90m1	Iceberg	Mar 13, 2023
42.6 g/t Au over 32.00m3	Keats West	Nov 28, 2022
430 g/t Au over 5.25m2	Golden Joint	Jun 30, 2021
150 g/t Au over 11.50m1	Lotto Main	Jun 23, 2021
106 g/t Au over 35.40m3	Keats Main	May 21, 2021
124 g/t Au over 17.70m2	Keats Main	May 4, 2021
261 g/t Au over 7.20m3	Keats Main	Apr 20, 2021
69.2 g/t Au over 14.90m1	Keats Main	Apr 7, 2021
86.2 g/t Au over 20.50m2	Keats Main	Jan 28, 2020

• • 
     

[megacopper]

  Retiredgeo has already explained about who some of these structures can't be mined by open pit methods. You guys need to read up on strip ratios. This Queensway gold system is not like a Snowline bulk tonnage deposit. Entirely different. The Keats West appears like it could be mined with an open pit but I agree with rediredgeo with regards to Iceberg and the main Keats Zone. That

[YeahButts]

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[Flyby1969]

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[TheGreekGoldGuy]

Megacopper, Thanks for commenting, I am confused by your thinking that NFG will not  open pit the Keats main zone . Marathon Gold with it's much lower grades and similar orogenic deposit is going to open pit their project. Also, I seriously doubt that Snowline will be mining before NFG.  Snowline is facing a long grind and will need near a Billion dollars, to get their

[geominer]

the keats west zone certainly looks like it could be an open pit mining operation. maybe not a big open pit but but it is looking good for that type of mining. The other areas look like cut and fill mining with a 2 meter minimum drift size. with the average grade nfg has encountered to date this should be a very profitable mining operation. Having looked at the 43-101 report they put out a while

[megacopper]

    The type of mining that geominer mentioned would be best for a steeply dipping structure of veins like Keats Main Zone. I'm no expert when it comes to mining but with open pit mining it depends on the strip ratio and I agree with rediredgeo that for the Keats Zone that is dipping 30 degrees if I remember correctly would be most cost effective if mined with underground

[AskTheExpat]

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[Thinnegan]

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