RE:Up date on newshey thanks knoxt, yup, Melissa Render says it all, again !
knoxt wrote: | New Found Gold With Golden Joint Update; Fell More Than 5% on Wednesday |
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07:41 AM EDT, 09/30/2021 (MT Newswires) -- New Found Gold Corp. (NFG.V and NYSE American: NFGC), which has just started trading on the NYSE American, on Thursday reported assay results from eight step-out diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint Zone, a recently made discovery located approximately 1km north of the Keats Zone and approximately 850m south of the Lotto Zone. It said these holes were drilled as part of the company's ongoing 200,000m diamond drill program at its 100%-owned Queensway Project, located on the Trans-Canada Highway 15km west of Gander, Newfoundland. Among highlights, NFG said it intercepted 64.94 g/t Au over 2.10m in step-out drilling at the Golden Joint HW Zone and extended the Golden Joint Main Vein to 235m vertical depth. Melissa Render, VP of Exploration of New Found, in a statement said: "At such an early stage of target advancement it is extremely encouraging to see such robust grades, continuity and strong vein development in two distinct zones at the Golden Joint. This area is of high priority, and it will be both exciting and interesting to see how continued drilling may connect the multitude of mineralized trends through this 2km length of the Appleton Fault Zone." Price: 7.68, Change: -0.42, Percent Change: |