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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

Post by megacopperon Aug 29, 2021 5:26pm
439 Views
Post# 33779931

Drill update

Drill update

I was out for a visit to check out the location of the drills and get a feel for the activity happening out there. Much the same as my last visit about a month ago with all kinds of activity. 

Keats Zone 4 drills
Golden Joint 2 drills
Lotto Zone 1 drill
Zone 36. 1 drill
JBP Fault 1 drill
There was one mobile type drill (smaller than the others) parked not drilling near the Golden Valley sign. Perhaps that is the tenth drill??? 

So there wasn't much change although there is lots of activity. The drills have been moved a little (100 feet to 200 feet) on all the zones with the exception of the Golden Joint. Drills have not moved much at all on this zone.  


The Lotto drill continues to move away to the southeast away from the Appleton Fault. The farthest away from the Appleton Fault that I have seen it in all of my visits. 


Meanwhile on the other side of the Appleton fault there is one drill which I'm assuming was at Zone 36 and appeared to be drilling in a direction parallel to the fault. I think in a straight line this zone is not far from the Sunday Zone that hit significant gold at the Appleton Fault itself last winter. 


Two drills on the Keats Zone are well to the south while the other two are more to the Center of the Keats Zone. Looks like they are gearing up to expand the Keats Zone father south because the mulcher is on site at the far southern end and there was a lot of activity at the far southern end of the Keats with young geologists out in the woods between the TCH and the southern end of the Keats. Getting closer and closer to the highway ike so perhaps the sweet spot could be beneath the highway yet. Lol


At the JPB Fault we noticed the guys were doing some downhole geophysics near pocket pond. Meanwhile the drill has been moved closer to the TCH with several new drill pads set up for drilling next to the pond. Lots of blueberry pickers north of all the drilling. Lots of berries this year. 


And we heard there is a 20 man camp down near Caribou Lake prospecting which is east of Eastern Pond. I think there is a hunting lodge at Caribou Lake so perhaps that is the reason they are staying there because that is several miles east of the prospective Appleton and JPB Faults. Actually it isn't far from the new Muskrat Falls power line that runs between Caribou Lake and Dead Wolf pond. 


Anyways there you have it, the latest and greatest from NFG's Queensway project. A bit of an update for my fellow NFG shareholders while we wait for assay results. 

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