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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > The Multilateral drilling Ability of DeviTool
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Post by nozzpack on Jun 24, 2024 8:07am

The Multilateral drilling Ability of DeviTool

This is an amazing drilling tool backed by an integrated windows software package used to design, plan and control the borehole as well as to manipulate and report surveying data.

This allows  designing new bore and multilateral holes from the same drill hole.

. Devico's DeviDrill is a hydraulically operated triple steerable core wireline barrel that performs the borehole steering.

The wireline barrel consists of main body with packer assembly, locking tube assembly and eccentric busing, drive shaft and inner tube assembly with muleshoe, onboard measurement-while-drilling system and latches.

The company's DeviTool is a family of surveying instruments that Devico has developed to serve the DeviDrill system as well as to perform borehole surveying and core orientation.

The package consists of standard magnetic type inclinometer, Pee Wee probe, DeviFlex probe and DeviCore.

These drilling options means greater survey accuracy and more than one lateral from the same core hole.

Testing and core sampling rate are therefore going to be accelerated which means faster drilling results.

Comment by nozzpack on Jun 24, 2024 8:21am
DeviTool was used in the MRE estimation process by another of my gold investments . Here is an excerpt showing how the down hole was continously  surveyed using a Devi Tool digital multi-shot camera or a Devico gyroscope tool, providing measurements every 3 m downhole. Core processing involves photography, logging (geology, structural and geotechnical) and sampled based on sample ...more  
Comment by Evenkeel123 on Jun 24, 2024 8:55am
Is it painted red? EK
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