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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

Comment by megacopperon Jan 17, 2022 2:27pm
196 Views
Post# 34325417

RE:Crescat 60 at 1hr 12 mins for NFG

RE:Crescat 60 at 1hr 12 mins for NFG

megacopper wrote: Quinton Hennigh sure thinks NFG are onto something really good with this new zone deeper down on the Keats below the Keats Main Zone. Listen to it around 1:12 on Crescat 60. All good in my opinion. See below


https://m.youtube.com/watch?v=_0AiF8ZHqBk

 

 

And for comparison purposes the Swan Zone at Fosterville was only between 2 meters and 5 meters wide for the most part with average grades between 30 and 60 g/t gold. So far NFG's Golden Joint is looking very similar. Just sayin 
 

The Swan Zone, currently the highest grade mineralized zone at Fosterville, is 2-5m in width, dips west and is presently defined over a 275m strike and a 200m vertical extent. The Eagle and Swan Zones remain open down-plunge for potential Mineral Resource expansion.

 

  • 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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