RE:Forest and TreesAuAgLi I refer you to my buddies last post on NFG board below.
All things point though unproven that there is further action deeper. It has yet to proven
but if you follow ES and the drilling they sure make you think it is a slam dunk they think so.
IF proven will really ramp up the possible resources for everyone and get a serious
revaluation by the market.
Hole 118
Hole 118 is the hole that started all the recent excitement on March 16th. Two days later Eric Sprott announced his further investment in NFG at $5.25 and a couple days after that he invested in Sokoman SIC. He invested a further $15 million in NFG and $5 million in SIC within days of that hole. And there had been a lot of holes drilled around hole 118 since that release a month ago. That was the deepest hole to date at the Keats Zone so obviously they liked what they saw in that hole. 13.7 meters of 62 g/t is beautiful but I'm thinking they hit more of the good stuff when they intersected the Appleton fault. Just sayin
- The interval of 61.8 g/t Au over 13.7m in NFGC-21-118 is a 21m down-plunge step-out to the south from the previously furthest south intercept of 29.1 g/t Au over 11.4m in hole NFGC-21-104 (see NFG press release March 1, 2021 ) and is the deepest intercept drilled to date at Keats.
- Drill hole NFGC-21-118 is still being drilled and is targeted to intersect the Appleton Fault Zone. The hole is currently at a depth of 581m . Assay results from the balance of this hole will be reported when received.