New Found Gold Corp V.NFG

New Found Intercepts 14.8 g/t Au Over 5m at Honeypot

[Betteryear2]

April 17, 2024 06:30 AM Eastern Daylight Time

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 85 diamond drill holes that were completed as part of multiple drill programs designed to expand and follow up on high-grade gold mineralization across several discovery areas located on the east side of the highly prospective Appleton Fault Zone (“AFZ”) spanning a 3km corridor from Golden Joint to Everest. New Found’s 100%-owned Queensway project comprises a 1,665 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

New Found Intercepts 14.8 g/t Au Over 5m at Honeypot & 43.1 g/t Au Over 2m at Jackpot | Business Wire

[Betteryear2]

Melissa Render, VP of Exploration of New Found, stated: “Honeypot and Jackpot were two discoveries that were somewhat of a surprise in terms of their mineralizing strength and continuity given they are 300m and 340m east of the AFZ, respectively. Akin to the neighbouring Lotto discovery, they can concentrate considerable high grade gold. These are important structures, and both are visible in

[1condor]

Gold up today and another news release...but NFG down. Whats with that? Stopped getting played you guys. Buy a producer and make some money.

[nozzpack]

There is no doubt that NFG have uncovered millions of ounces of near surface gold of premium open pit grades . some, like Keats Main, are already stripped exposing the major vein stockworks . Uncle Eric wants production for several reasons as he also owns Maritime . The Pine Cove mill has the gravity separator to fully meet QW mettalurgical tests and can boost processing capacity of the Pine