Shallow High Grade Gold Investers are looking at these shallow high grade gold deposits. Eric Sprott has sunk millions into Sokoman, Newfound Gold, and Labrador Gold. Eric Sprott's latest investment of $48 million @ $9.60/share in NFGlosed at end of November.
Both Newfound Gold and Sokoman Minerals have been finding high grade gold at shallow depth in Newfoundland. For comparison here are the drill intercepts from Newfound Gold and Sokoman Minerals. Which is which is not identified just to illustrate that both companies are equally delineating significant gold deposits. Labrador on the same trend as Newfound Gold has been showing significant drill results also.
A | | | B | |
Interval* (m) | g/t | | Interval* (m) | g/t |
19 | 92.9 | | 2.3 | 79.23 |
7.9 | 24.1 | | 24.9 | 33.56 |
18.9 | 31.2 | | 11.8 | 6.61 |
18.4 | 15.8 | | 9.05 | 70.29 |
41.4 | 22.3 | | 44.96 | 11.9 |
6.9 | 44.5 | | 4.2 | 8.95 |
4.1 | 40.1 | | 4.6 | 47.2 |
16.9 | 25 | | 8.1 | 68.25 |
6.1 | 10.3 | | 3.5 | 12.39 |
13.1 | 45.3 | | 3.05 | 16.54 |
2.4 | 29.3 | | 6.7 | 3.25 |
10.3 | 25 | | 5.1 | 15.51 |
5.8 | 19.8 | | 4.1 | 1.52 |
7.3 | 19.3 | | 42 | 64 |
10.4 | 22.5 | | 1.5 | 6.18 |
15.9 | 31.4 | | 11.6 | 21.07 |
18.2 | 10 | | 3 | 1.82 |
13.8 | 28.4 | | 5 | 26.87 |
3.3 | 20.6 | | 3 | 1.61 |
2 | 17.1 | | 20.95 | 5.15 |
2.9 | 13.7 | | 1.8 | 11.85 |
2.1 | 136.7 | | 5.4 | 2.76 |
14.1 | 31.5 | | 10.4 | 3.09 |
5.6 | 13.7 | | 3.6 | 10.4 |
32.3 | 6.2 | | 4 | 24.92 |
4.7 | 131.1 | | 22.1 | 1.65 |
17.7 | 124.4 | | 3.5 | 11.95 |
4.1 | 45.6 | | 9.5 | 5.7 |
7.9 | 22.7 | | 5.2 | 16.85 |
39.1 | 25.8 | | 1.6 | 30.97 |
2.3 | 41.6 | | 4.1 | 21.6 |
3 | 49.4 | | 7.2 | 22.35 |
4.7 | 27.8 | | 6.4 | 17.34 |
3.9 | 24.5 | | 3 | 7.85 |
6.5 | 37.1 | | 9.8 | 6.65 |
8.5 | 17.9 | | 4.6 | 1.21 |
3.5 | 19.3 | | 1.55 | 5.23 |
11.4 | 29.1 | | 4.6 | 1.21 |
2 | 41.8 | | 1.55 | 5.23 |
13.7 | 61.8 | | 4.95 | 27.7 |
7 | 15.6 | | 1 | 54.63 |
9.2 | 106.5 | | 4.8 | 17.56 |
7.2 | 261.3 | | 9.2 | 6.7 |
2.5 | 16.9 | | 2.35 | 20.39 |
8.4 | 63.7 | | 5.1 | 7.64 |
25.6 | 146.2 | | 2.35 | 20.39 |
8.1 | 21.4 | | 5.1 | 7.64 |
12.9 | 14.9 | | 4.25 | 2.58 |
| | | 2.28 | 13.67 |
| | | 2.4 | 0.75 |
| | | 5.2 | 7.68 |
| | | 3.7 | 9.1 |
| | | 0.8 | 41.01 |
| | | 6 | 6.47 |
| | | 2.2 | 4.35 |
| | | 3.6 | 21.86 |
| | | 2.55 | 22.45 |
| | | 1.7 | 2.73 |
| | | 3.1 | 8.6 |
| | | 1.1 | 4.72 |
| | | 1.2 | 2.94 |
| | | 2 | 1.82 |
| | | 18.9 | 13.09 |
| | | 1.4 | 60.94 |
| | | 2.65 | 1.85 |
| | | 0.5 | 22.72 |
| | | 0.45 | 278 |
| | | 17.11 | 11.05 |
| | | 2.65 | 1.85 |
| | | 0.5 | 22.72 |
| | | 0.45 | 278 |
| | | 17.11 | 11.05 |
| | | 1.53 | 170.31 |
| | | 16.84 | 14.07 |