RE:430.2 g/t Au over 5.25m - Wow!!!AlwaysLong683 wrote: Another monster core in a third zone: New Found Intercepts 430.2 g/t Au Over 5.25m in New Discovery at Golden Joint Zone, 1km North of Keats
Canada Newswire
VANCOUVER, BC , June 30, 2021 /CNW/ -
New Found Gold Corp. (" New Found " or the " Company ") (TSXV: NFG) (OTC: NFGFF) is pleased to announce assay results from four holes drilled at the Golden Joint zone, a brand new discovery located approximately 1km north of the Keats Zone and approximately 850m south of the Lotto Zone.
These holes were drilled as part of the Company's ongoing 200,000m diamond drill program at its 100%-owned Queensway Project (" Queensway "), located on the Trans-Canada Highway 15km west of Gander , Newfoundland.
The intercept of 430.2 g/t Au over 5.25m in hole NFGC-21-241 represents a grade x width ("metal factor") value of 2,258 g/t Au x meters**, the second highest value encountered to date on the Queensway project. Furthermore, over 700 grains of gold were observed in this 5.25m intercept, representing the most per meter seen to date anywhere at the Queensway Project.
New Found Gold continues to knock them out of the park. Queensway is quickly becoming one of the best gold systems on the planet. Extremely high grade gold. It is simply amazing how much exploration success NFG has had in only one year of drilling. So that is now 3 rivers of gold flowing up out of the ground and I suspect there will be more. The trend is your friend. Great news!!!