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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 Sep 08, 2021 9:31pm
304 Views
Post# 33829335

NFG has bonanza gold grades in every zone

NFG has bonanza gold grades in every zone

The gold grades were ok? Hello!!! Somebody needs a refresher. Please see below for what is considered low, average, high and bonanza gold grades. Guys anything greater than 8 g/t is considered high grade and anything over 31 g/t is considered bonanza gold grades. Tough bunch to please. Holy sh*t


The main vein at the Lotto Zone has just been extended to a 200 meter vertical depth increasing the vertical component by 90 meters with bonanza gold grades throughout the zone. Also, the veins at Lotto have now been confirmed over a 340 meter by 325 meters footprint at surface with consistent bonanza gold grades in all of the veins (just not the main vein) and some guys think it's just ok. What planet are you guys from. Please Quinton Hennigh explain some geology 101 to some of these guys in your next video. These guys are desperately in need of assistance. 



Hasn't anybody been doing any research on the Swan Zone at Fosterville. Ok you can look it up but I can save you the trouble. That particular zone (Swan Zone) for the most part was only between 2 meters and 6 meters wide with average grades of 61 g/t. Yes you read that correctly and that is one of if not the richest gold mines on the planet and NFG just released intersections of 76 g/t and 111 g/t gold over 2.5 meters and some guys thinks it's just ok.

 


Now go back and look at all the drill holes that intersected veins on the Lotto Zone and come back and we'll have a discussion about the results. Yes a couple holes at the Swan Zone at Fosterville were mind blowing high grade but so were a few holes at the Lotto Zone. Never mind the Golden Joint and the Keats Zone. Oh my  I just wish some of you guys would just sell NFG and move on because if you aren't impressed with these types of gold grades you will never be impressed. These are phenomenal gold grades over mineable widths from surface to a 200 meter depth and the mineralization is open in all directions with these veins at Lotto. That means they keep going. They have not found the outer limits. I give up. Please people educate yourselves on some geology. It's not hard to do with the internet nowadays. NFG are finding a lot of gold in a small volume of rock. That is extremely good news. 

 

Gold grade is a term used in gold mining, and should be used as a measure of the quality of gold ore – that is the raw material obtained from mining. ... High grade gold ore contains more gold per tonne; this means that more gold is obtained from every tonne mined.Aug. 9, 2021
Average grade: 5 - 8 gold grams per tonne
High grade: 8 + gold grams per tonne
Low grade: 0 - 5 gold grams per tonne
'Bonanza' grade: Troy Ounces (31.1 grams) per

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