New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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.

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New Found Gold Corp

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Post by hockeyplusgoldon Jan 08, 2022 9:20pm

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Post# 34296984

Table 4 comparing the 2 half core samples

Table 4 compares the composite gold grade of each half of the core when reviewed independently. Note that for the results reported, the highest grade samples had higher grades reported for the second half of the core.
It is not the intention for the Company to always release whole core assay results; certain gold grade composites will be reported on a whole-core basis to build additional confidence in selected mineralized zones.

Hole No.	From (m)	To (m)	Interval (m)*	Au (g/t)** 1st Half-Core	Au (g/t)*** 2nd Half-Core	Au (g/t)**** Weighted Avg.
NFGC-21-244	245.30	247.30	2.00	1.48	0.92	1.21
And	250.60	253.30	2.70	2.02	2.04	2.03
And	264.00	266.15	2.15	1.30	1.88	1.60
NFGC-21-274	164.65	166.75	2.10	26.62	39.98	33.10
NFGC-21-386	424.75	430.00	5.25	56.73	83.16	70.65