RE:RE:Swan Zone compared to Keats Zone
Retiredgeo wrote: Agreed. It is a WOW gold system. The downplunge mineralization should continue for a long time to come, probably well beyond the scope of this drill campaign.
Yes for sure. Today's news is significant because the Keats main zone continues to be very robust with extremely high grade now confirmed to 525 meters in the down plunge direction or just over 300 meter vertical depth. Myself and the Rock Doctor are very excited by this news today. I think we will be having celebratory drinks tonight for sure. What an incredible gold system.
The vertical component of this deposit is now starting to add a lot of ounces of gold. And the overall footprint is getting larger as well with multiple zones confirmed with yesterday's news of a new zone in the footwall. All very significant. And all of this only on the Keats Zone. And the Lotto Zone looks equally as impressive as well and the Golden Joint will definitely end up with a mineable resource. All of this high grade gold is connected and once it's confirmed with drilling I think New Found Gold has discovered several Fosterville's.
The gold majors will be taking a real hard look at this think now. I'm getting very excited. If NFG doesn't end the week above $10 I think investors must have their heads up their ar*ses on this one. Queensway is big and it's rich. And this Appleton fault goes the entire 100 km length of the Queensway property. How many more Swan Zone Fosterville's will they find? Perhaps Eric Sprott's 10 to 15 target could be correct. It will take years to drill it all. We need more drills and more assay labs. Amazing!!!