More information from MD&A Information below taken from the Management Discussion and Analysis dated May 26. So it looks as if NFG are closing in on 50,000 meters of drilling completed in just over 200 drill holes. Let's hope the remaining 150 000 meters of drilling is as successful as the first 50 000 meters.
NFG’s Current Drill Campaign
The company announced on August 17, 2020 that it had initiated a 100,000m diamond drilling program at its Queensway Gold Project, this program was expanded to 200,000m on January 6, 2021. The drilling program is designed to test multiple exploration targets and zones along the 5 km of the Appleton Fault Zone and 12 km of the JBP Fault Zone.
Drilling to date has focussed along the Appleton Fault zone with seven drilling rigs active at the project as the date of the MD&A. Approximately 46,621m of drilling has been completed in 206 holes targeting the Little-Powerline, Dome, Road, Keats, Knob, 1744 and Lotto zones.
The majority of drilling to date has occurred at three zones along the Appleton Fault; the Keats Zone with 116 drill holes, the Lotto Zone with 24 drill holes and the Knob Zone with 16 drill holes with the balance of 30 drill holes completed at other zones along the Appleton Fault. The Company is also targeting the 1744 and Pocket Pond zone along the JBP Fault zone with 20 holes completed to date.
The Company has reported a number of significant gold assay intervals from the Lotto Zone starting with its first drill hole NFGC-20-17 reporting 16.3/g/t Au over 2.20m, 41.2 g/t Au over 4.75m and a third interval of 25.4 g/t Au over 5.15 m. On January 14, 2021 the Company announced the discovery of a new zone named the “Sunday Zone” proximal to the Lotto zone along the hanging wall of the Appleton Fault zone. The new discovery represents the first known occurrence of gold mineralization along the primary Appleton Fault structure with an intercept in drill hole NFGC- 20-44 grading 18.1g/t Au over 6.5m at a down hole depth of 239m. Additional gold mineralized intercepts were reported on February 23, 2021 and March 23, 2021 highlighted by drill holes NFGC-21-100 reporting 224.7 g/t Au over 2.45m, NFGC-21-109 reporting 51.3 g/t Au over 3.20m and NFGC-21-115 reporting 53.3 g/t Au over 3.10m.