New Found Gold Corp V.NFG

Deep, drilling

[Gangsterme]

Obviously the core  looks promising. Will be a very interesting summer when these core analysis start being published.

[Retiredgeo]

People should remember that these are structural holes not step outs.  Their objectives are to validate structures at depth not bring home high assays.  If they happen to hit high grade at depth - Bonus!  In some respects you can consider this a maiden drill programme. The majors will want to see proof of gold at depth and continuity of structures to depth before thery even

[Global1966]

Could you explain a bit more about structural hole. Why bother drilling for it to validate it is there and doesn't have any gold structure similar to successfully drilled structures

[Retiredgeo]

A structure such as the KMZ may or may not be mineralized at depth.  Step 1 is to find the structure at depth.  Step 2 is to find where the gold is hiding.  Step 3 is to find economic concentrations of gold and Step 4 is to flesh out an economic gold discovery at depth.  This is the standard Abitibi flow chart for finding a new underground gold mine. We have been spoiled