Sprott realizes that...GSS's Gander Gold Property is approximately 10 km east and northeast of the NFG discovery hole and hosts both parallel and cross-cutting structures.
For those that need an introduction NFG is a billion+ market company who struck it big on the back of some great gold intercepts....and GSS is right next door...with paltry 12M market this one is likely going much much higher:
Greg Matheson, P.Geo., Chief Operating Officer of New Found, stated: “The outstanding intervals of 131.1 g/t Au over 4.65m plus 124.4 g/t over 17.7m in Hole NFGC-20-59 yield the highest width x grade of any hole to date at Keats (cumulative +2800 m*g/t). These intervals provide further drill confirmation of the substantial zone of near surface high-grade gold mineralization at the north end of Keats. We continue our infill and step-out drilling at Keats and look forward to reporting further results in the near future.”