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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Post by knoxton Mar 10, 2021 9:13am
91 Views
Post# 32761295

New Found drills 46 m of 24 g/t Au at Queensway

New Found drills 46 m of 24 g/t Au at Queensway

Highlights

The drill interval highlights are summarized below:

 

 Hole No. From (m)To (m)Interval (m)*Au (g/t)Zone NFGC-20-52 107.7 109.8 2.1 136.7 Keats And 114.4 128.5 14.1 31.5 Keats And 132.2 137.8 5.6 13.7 Keats NFGC-20-52**107.7 137.8 30.1 27.0 Keats NFGC-21-80 49.5 88.5 39.1 25.8 Keats Including 62.7 72.8 10.1 58.5 Including 78.7 88.5 9.9 39.5 And 93.2 95.5 2.3 41.6 Keats NFGC-21-80**49.5 95.5 46.0 24.0 Keats NFGC-20-49 175.9 180.9 5.0 5.6 Keats FW Including 177.7 178.7 1.0 21.2 NFGC-20-73 25.8 28.0 2.2 7.3 Keats And 191.5 194.0 2.5 21.9 Keats FW Including 191.5 192.2 0.7 83.4 And 292.4 293.8 1.4 2.7 Keats FW 

 Hole No. From (m) To (m) Interval (m)*Au (g/t)Zone NFGC-20-48129.0 132.6 3.6 6.39 Keats And 141.0 143.2 2.2 1.15 Keats And 164.5 167.1 2.6 1.38 Keats FW NFGC-20-49175.9 180.9 5.0 5.55 Keats FW Including 177.7 178.7 1.0 21.2 NFGC-20-52107.7 109.8 2.1 136.7 Keats And 114.4 128.5 14.1 31.5 Keats And 132.2 137.8 5.6 13.7 Keats NFGC-20-7325.8 28.0 2.2 7.26 Keats Including 26.6 27.0 0.5 30.1 And 191.5 194.0 2.5 21.9 Keats FW Including 191.5 192.2 0.7 83.4 And 292.4 293.8 1.35 2.73 Keats FW NFGC-21-8049.5 88.5 39.1 25.8 Keats Including 62.7 72.8 10.1 58.5 Including 78.7 88.5 9.9 39.5 And 93.2 95.5 2.3 41.6 Keats 
 

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