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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 TheGreekGoldGuyon Jul 05, 2023 6:47pm
145 Views
Post# 35528237

NFG's compilation of high grade drill results is staggering

NFG's compilation of high grade drill results is staggering
NFG has been using a mixture of targeted and systematic grid drilling. As mentioned in their latest news release, Jackpot was found from targeted drilling efforts. Systematic grid drilling has been responsible for finding some of the other zones. That being said, the concentration of gold at Queensway North along the Appleton is pretty staggering. 
 
Some posters continue to claim that New Found Gold is using Blind drilling and/or Wildcat drilling to find most of their high grade targets. The reality is, finding gold at this speed, does it matter what method is being utilized to do so? The GGG would like to pose this question to the likes of RetiredGeo and others, who love to use the term Blind drilling. Could one not argue that if NFG is continuously producing staggering high grade gold intercepts  using Blind/Wildcat drilling, that would seem to be even more impressive, right ? 
 
Melissa Render, VP of Exploration of New Found, stated: “Our targeted drill program continues to successfully outline new zones of gold mineralization. Jackpot is the sixteenth near surface zone identified along a 4.1km stretch of Appleton North, starting at the south end of Keats and running up to Everest. Initial drilling at Jackpot is reminiscent of our early findings at Lotto, a structural zone associated with a strong presence of visible gold. Looking at Figure 2, Jackpot is located 280m east of the AFZ, demonstrating the distal strength of the AFZ. We have locked onto something new here and our ability to interpret and act quickly will allow us to rapidly assess this new and exciting target.”
 
https://newfoundgold.ca/news/new-found-makes-new-high-grade-at-surface-discovery-intercepting-95-7-g-t-au-over-3-25m-at-jackpot-zone/
 
 
GGG here. Could there be a hidden message in this video?  Will 2023 be the year?
 
https://www.youtube.com/watch?v=1MS-0mIZ2OE
 
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