RE:RE:RE:RE:Halted Why?
likeike wrote: Mega you disagree with a doubling but say it could be more ? These are just wild speculation
on my part and know you take a more geo approach but I still refer to the most knowledgeable
person on Fosterville out there as I know of no other expert and defy you to tell me a better one.
QH said today..
Additionally, the newly discovered high-grade gold and sulphide mineralization in hole NFGC-21-238 is possibly analogous to another feature I observed at Fosterville. In the discovery drilling at the Lower Phoenix and Eagle zones at Fosterville, the grades of sulphide mineralization rapidly increased in proximity to the top of high-grade, quartz-gold lode mineralization. Based on this analogy New Found will drill test below the newly discovered high-grade sulphide mineralization encountered at Keats in hole NFGC-21-238 exploring for similar quartz-gold lode mineralization below this sulphide associated gold mineralization.
having followed QH for sometime I remember his infamous
words for Fosterville as an advisor "Just keep drilling down"
I agree we have more doubled by this finding but it will take
time as we are no longer at surface. IKE
Oh I agree with Quinton Hennigh and what he says about Queensway. I'm just saying that because they hit high grade gold at that deeper intersection you can't make the automatic assumption that the resource has doubled. Mainly because the intersection in today's news release was in the footwall and not the main Keats Zone. It was a separate zone within a zone if that makes any sense.
Yes I said eventually the ultimate resource could end up being much more than double the current resource. It most certainly will just given the huge potential of this gold system and they will undoubtedly find many more zones and extend known zones in all directions and especially at depth. Dr. Quinton Hennigh has given an excellent interpretation of the results and he has been correct about this gold system from day one. The guy is an expert geologist. No doubt about it in my mind.