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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 eldrecoon Nov 06, 2022 9:59pm
89 Views
Post# 35077980

RE:Wow

RE:WowThanks GGG,

This makes a great deal more sense that Bucc's ongoing drivel !

So who do we believe, NFG or the Basher Bucco?  The only smear is Bucco smearing NFG with his nonsense. 

Bucc - you are so outed.  Time to hang up the skates.
el d

TheGreekGoldGuy wrote: Does anyone know if this is true?

NFGC 21-162    146,2 g/t over 25.6 m

NFGC 21-241    124.4 g/t over 17.7 m


GGG here, that's called a double wow and there are 15 more just about as good.  So lets talk about NFGC 20-23. Here is how NFG reported the hole. So who do we believe, NFG or the Basher Bucco?  The only smear is Bucco smearing NFG with his nonsense. 

New Found Intercepts 22.3 g/t Au over 41.35m and 31.2 g/t Au over 18.85m in Initial Step-Out Drilling at Keats Zone, Queensway Project, Newfoundland

October 27, 2020

Vancouver, BC, October 27, 2020: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, OTC: NFGFF) is pleased to announce preliminary results from the first four 2020 drill holes (NFGC-20-18, 19, 21, and 23) at the Keats Zone (“Keats”) as part of an ongoing 100,000 m diamond drill program at its 100% owned Queensway High-Grade Gold Project (“Queensway”), 15 km west of Gander, Newfoundland. 

Highlights

  • Holes NFGC-20-18, 19, 21, and 23 were drilled as part of a 10m step out pattern around discovery hole NFGC-19-01 (a 3 hole x 3 hole pattern centered on NFGC-19-01) with the intention of establishing the geometry and orientation of veins making up the high-grade gold mineralizing system (Figure 1).
  • Intervals from these holes displaying significant quartz veining, sulfide mineralization and visible gold were assayed on a rush basis and returned the following results:
  • These intervals start at down hole depths ranging from 82.7 m to 101.7m.
  • An additional four holes (NFGC-20-25, 28, 29 and 32, see Figure 1) have been completed as 10m step outs from NFGC-19-01 and intervals from these holes have also been submitted for assay on a rushed basis.
  • Pending drill holes include step out drilling 50m to the north and south of NFGC-19-01.

Greg Matheson, P.Geo., Chief Operating Officer of New Found, stated: “We are very pleased that our initial step-out drilling at Keats is demonstrating strong continuity of veining and high-grade gold mineralization.  Our 10 m step out pattern around Hole NFGC-19-01 is providing valuable information about the orientation of veining and grade distribution. Historic work and more recent drilling at Keats have demonstrated gold mineralization over at least 300 m of strike and the target remains open along strike and to depth.  Our program will continue systematic step out drilling to test this larger target area.”

Figure 1. Drill hole collar and interval locations
Figure 2. Example gold mineralization in Keats Hole NFGC-20-23 

Drill Collar and Interval Summaries 


 




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