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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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.


TSXV:NFG - Post by User

Post by megacopperon Jan 14, 2022 9:07am
204 Views
Post# 34316143

Golden Joint Zone looks spectacular

Golden Joint Zone looks spectacular

 

The Golden Joint is looking every bit as good as the Swan Zone at Fosterville as well. And of course the Lotto Zone is equally as good. Investors will catch on to what NFG has at Queensway eventually. This latest hole below on the Golden Joint has proven yet another Swan like zone. It was extended vertically to the 285 meter depth. This is awesome news and the market simply brushed it off. These are world class intersections comparable to the richest gold mines on the planet. Investors will wake up and take notice sooner or later.
 

  • At the Golden Joint Main Vein, the interval of 70.65 g/t Au over 5.25m in hole NFGC-21-386 extends the drill-defined depth of high-grade gold by approximately 50m vertically from 235m to 285m deep. This vein is developed in the hanging wall to the Appleton Fault Zone and has been drill-defined over a strike length of approximately 250m that remains open in all directions (see Figure 2).
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