New Found Gold Corp V.NFG

2023 Composite Average Grades-200 to 400m, 400 to 650 m

[nozzpack]

I got bleary eyed once I had collated and did the statistics on  average grades for  all intersects in 2023.
There are lots of more holes previous to that which I did not include from sheer fatigue.

These include all zones of QWN.....

But, here are the results ..

200 meters depth to 400 m Depth ............3223 grams in 103 intersects avearaged 31.3 grams per ton ( 1 ounce per ton).

401 m depth  to 660 m depth...................848 grams in 18 intersects  averaged  47 grams per ton ( 1.5 ounces per ton ) 


Combined 200 m to 660 m ....4071 grams in 121 intersects averaged 33.5 grams per ton  ( 1.1 ounces per ton )

The statistical lanes encompassing 401 to 660 m are quite wide due  to very small sampling rate , so the average grade has quite wide sigmas.

But, it does show that QWN has economic grades down to the limit of current drilling ..660 m ...and that those average grades are probably no different than the top  400 m .

It would not be unexpected to see QWN a reprise of other orogenic gold discoveries which are being mined below 1 km of depth.

More Later..

[Dixiedee]

  just a matter of time for the market to recognize what we have here once they drill to depth and results come back as more of the same this will be the game changer for interest to start to boil over 

[suregold2]

Thanks Nozz! I know how much work this is. Was going to attempt myself but got lazy! Thanks again!

[Magheurita]

This post has been removed in accordance with Community Policy

[Daugaard]

Hi Nozzpack. i´m sorry but i cant figure out where you see all these deep intersects in 2023. And do you count all low and highgrade ? 

[nozzpack]

I wish to correct the drill  depths of my previous post. I assumed that the quoted depths were angle corrected..ie TVD ( true vertical depth. An informed poster corrected that assumption . In fact those depths are (MD) measured lenghts of the intercept. The three classes of depths listed for interpretation of TVD are 1..79-95 % 2....40-70 % and 3 ...10 to 40 % . A quick random check