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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

Comment by Flyderon Jun 23, 2021 9:02am
256 Views
Post# 33433400

RE:Coarse grained gold

RE:Coarse grained goldQuestion for you Retiredgeo - The nr states that in Hole201 there was a hit of 683 g over 2.45m.  Then they widen the interval to 11.5 m, with a grade of 150.3 g/t.  Do they just arbitrarily pick 11.5 m and average that 683 g over that width?  In other words, is there any gold at all outside of that 2.45m where the 'nugget' was?  Like was there anything else special within that 11.5m? 

150.3 g/t Au over 11.5m is, for sure, a flashy headline, but is the truth of the matter that they hit 683 g/t over 2.45m, and that's the end of the story?  (not that that's bad, by any means!  But it is more true).  

   

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