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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 cybermanon Aug 30, 2021 1:49am
209 Views
Post# 33780478

RE:RE:Drill update

RE:RE:Drill update ike, here's some Historical info on Pocket Pond

RUBICON MINERALS CORPORATION;
 
During the summer of 2003, Rubicon located abundant quartz float over a 3 km trend between H Pond and Pocket Ponds, including a major, 800 m long, quartz boulder train exposed along H Pond Brook. One sample of quartz vein float from along the brook assayed 159 g/t Au, while 19 of 53 samples averaged better than 3 g/t Au. Visible gold was reported from seven of these samples. The abundance, size, and angularity of the quartz float suggested a very local bedrock source.

and more...

https://www.sec.gov/Archives/edgar/data/1057791/000119907306000176/ex99_2.htm


likeike wrote: Stink if you look at page 28 of presentation  you can see the pocket pond a lot closer to 
TCH then I remember...and still relatively close
JBP fault...makes sense to take a gander there.Downhole ....what could they be looking
for.?
The only thing  I could find in your second last paragraph was Dead Wolf Pond and is 90 min by road to get to from Gander?
From presentation Eastern pond is 45km south of queensway north with high gold grain in till counts and 4 km of strike
Looks like they are taking a serious gander south with a 20 man crew.

FANTASTIC REPORT MEGACOPPER ...IT IS MORE THAN WE DESERVE AND YES WE ARE

NOT WORTHY OF SUCH AN ADMIRABLE SLEUTH AND BLUEBERRY SPOTTER.

I still have to study it more and do some more thinking ....if only I had my new THINKING CAP

Oh well...soon. IKE


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