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 > How much gold is in the Keats zone? From NFG report

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Comment by Dixiedeeon Sep 28, 2024 8:04am

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Post# 36245197

RE:How much gold is in the Keats zone? From NFG report

Evenkeel123 wrote: this was sent to me from someone else to share with you.

Alright gentlemen. This sums it up the best in the main Keats zone. If you take the top 3 bullets which would be included in the resource estimate. It works out to be an average grade of .18 g/t in those samples. Now not using a .3 g/t cutoff but not much in between .3-.99 since average grade between that range is .07 g/t. The cap should be set at 10 g/t for open pit and 30 g/t for underground so would change numbers slightly but you get the idea.

18 April 2024 The QPs review of the gold analytical results for the 85,754 samples assayed shows:

• 82,196 analytical results (95.85%) were lower than 1 ppm Au, with a maximum of 0.99 ppm Au and an average of 0.07 ppm Au,

• 2,900 analytical results (3.38%) were between 1 and 5.00 ppm Au, with an average of 1.93 ppm Au,

• 402 analytical results (0.44%) were between 5.01 and 24.70 ppm Au, with an average of 10.92 ppm Au.

• 160 analytical results (0.19%) were between 25.17 and 97.70 ppm Au, with an average of 49.22 ppm Au.

• 96 analytical results (0.11%) were between 102.59 and 2,197.24 ppm Au, with an average of 350.31 ppm Au. Significant drill intercepts, as reported by NFG between 2019 and 2023, are presented in Tables 10.17 to 10.19 and include:

• Table 10.17: Intercepts specific to the Keats Main Zone which is gold mineralization hosted by the KBFZ. • Table 10.18: Significant drill intercepts, as reported by NFG, for the Keats Footwall (Keats FW), which is mineralization located between the AFZ and the KBFZ, often forming panels of mineralization that trend parallel the AFZ.

• Table 10.19: Significant drill intercepts, as reported by NFG, for the Keats Hanging Wall (Keats HW), which is mineralization located east of the KBFZ

here are the real results for nfg on bonanza grade sorry Bucc ( e K )

New Found Gold Bonanza Quality Drill Holes Over 100 aggregate gram meters

1. 3761.83 gram meters NFGC 21-182

2. 2848.90 gram meters NFGC 23-1210 6/ 5, 2023 at Iceberg

3. 2812.15 gram meters NFGC 20.59.

4. 2261,28 gram meters NFGC 21-241

5. 1911.36 gram meters NFGC 21-137

6. 1765.10 gram meters NFGC 19-01

7. 1681.01 gram meters NFGC 21-201

8 1542.56 gram meters NFGC 23-1120 3/13/ 2023 at Iceberg

9. 1401.72 gram meters NFGC 22-960

10. 1104.46 gram meters NFGC 21-80

11. 1081.29 gram meters NFGC 21-122

12, 978.47 gram meters NFGC 21-462

13. 922.10 gram meters NFGC 20-23

14. 843.57 gram meters NFGC 21-118

15. 810.44 gram meters NFGC 23-1820 3/13/2024 at Iceberg

16. 801.97 gram meters NFGC 20.52

17. 783.91 gram meters NFGC 23-1157 8/09/2023 at Iceberg

18. 733.26 gram meters NFGC 20-41

19. 702.48 gram meters NFGC 23-1100 3/1/2023 at Iceberg

20. 629.07 gram meters NFGC 22-990 12/06/2023 at Keats west

21. 615.36 gram meters NFGC 22-1040 4/25/2023 at K.eats West

22. 605.48 gram meters NFGC 22-705

23. 603.40 gram meters NFGC 20-32

24. 599.54 gram meters NFGC 23-1848 2/29/2024 at Vegas

25. 596.48 gram meters NFGC 22-19

26. 591.25 gram meters NFGC 22-538

27. 589.26 gram meters NFGC 22-143

28. 588.17 gram meters NFGC 22-593

29. 587.53 gram meters NFGC 23-1312 7/5/2023, at Iceberg

30. 586.41 gram meters NFGC 23-1141 4/4/2023, at Iceberg

31. 585.50 gram meters NFGC 22-673

32 582.53 gram meters NFGC 23-1306 7/5/2023, at Iceberg

33. 550.50 gram meters NFGC 20-100

34. 505.62 gram meters NFGC 21-256A

35. 501.04 gram meters NFGC 23-1827 3/13/2024 at Iceberg

36. 499.35 gram meters NFGC 20-45

37. 493.84 gram meters NFGC 23-1541 9/13/2023 at IcebergEast

38. 486.79 gram meters NFGC 23-1425 9/5/2023 at Jackpot

39. 476.11 gram meters NFGC 23-1941 3/26/2024 at Iceberg Alley

40. 474.23 gram meters NFGC 23-1570 9/13/2023 at Iceberg East

41. 467.67 gram meters NFGC 23-1395 8/22/2023, at Iceberg

42. 421.25 gram meters NFGC 20-29

43. 412.88 gram meters NFGC 22-952 8/28/2023, at K-2

44. 403.71 gram meters NFGC 21-401

45 396.01 gram meters NFGC 23-1423 9/5/2023, at Jackpot

46. 370.90 gram meters NFGC 21- 386

47. 363.66 gram meters NFGC 21-204

48. 362.70 gram meters NFGC 20-26

49. 361.96 gram meters NFGC 21-104 updated 3/26/2024, Keats & KFW

50. 351-04 gram meters NFGC 23-1286 6/15/2023, at Iceberg

51. 347.15 gram meters NFGC 20-37

52. 335.88 gram meters NFGC 20-17

53. 330.37 gram meters NFGC 23-1292 6/22/2023, at Jackpot

54. 321.20 gram meters NFGC 20-74

55. 320.60 gram meters NFGC 23-1962 4/10/2024, at K-2

56. 319.80 gram meters NFGC 21-360

57. 317.06 gram meters NFGC 23-1746 3/13/2024, at Iceberg

58. 312.69 gram meters NFGC 23-1128 4/4/2023, at Iceberg

59. 303.27 gram meters NFGC 21-393 8/2//23, Keats and Keats FW

60. 302.77 gram meters NFGC 21-251

61. 302.43 gram meters NFGC 22-703

62. 296.57 gram meters NFGC 21-238

63. 295.10 gram meters NFGC 21-233

64. 289.93 gram meters NFGC 20-21

65. 286.68 gram meters NFGC 21-375

66. 285.98 gram meters NFGC 23-1761 12/06/2023 at Keats West

67. 273.92 gram meters NFGC 22-931 10/04/2023 at Keats West

68. 265.87 gram meters NFGC 23-1089 7/24/23 at Keats S, 4219

69. 281.01 gram meters NFGC 21- 448

70. 274.98 gram meters NFGC 21-251

71. 264.11 gram meters NFGC 21-3513

72. 254.23 gram meters NFGC 23-1741 2/22/2024 at KW

73. 251.11 gram meters NFGC 21-974

74. 250.47 gram meters NFGC 23-1154 8/15/2023 at Iceberg

75. 245.03 gram meters NFGC 23-1261 6/8/2023 at iceberg

76. 239.46 gram meters NFGC 20-417

77. 239.43 gram meters NFGC 22-4918

78. 236.98 gram meters NFGC 23-1838 3/13/2024, at Iceberg

79. 236.18 gram meters NFGC 22-865 3/21/2023, at Keats West

80. 235.70 gram meters NFGC 23-1380 8/22/2023. At Iceberg

81. 233,86 gram meters NFGC 22-728

82. 232.11 gram meters NFGC 21-310

83. 230.09 gram meters NFGC 21-310

84 226.12 gram meters NFGC 22-945 3/21/2023 Keats West

85. 225.74 gram meters NFGC 23-1482 10/23/2023 at Golden Joint

86. 224.97 gram meters NFGC 23-1729 1/31.2024 at K-2

87. 223.27 gram meters NFGC 22-774

88 222.97 gram meters NFGC 23-1264 6/15/2023 at Iceberg

89. 221.16 gram meters NFGC 20-56

90. 216.39 gram meters NFGC 22-101 7/19/2023 at Keats West

91. 215.06 gram meters NFGC 21-311

92. 212.65 gram meters NFGC 23-1914 3/13/2024 at Iceberg

93. 209.75 gram meters NFGC 23-1323 3/13/2024 at Iceberg

94. 204.52 gram meters NFGC 21-120

95. 201.57 gram meters NFGC 23-1810 1/10/2024 at Honeypot

96. 194.82 gram meters NFGC 21-263

97. 194.05 gram meters NFGC 22-684

98 191.42 gram meters NFGC 20-43

99. 190.83 gram meters NFGC 23-1149 8/17/2023 at Keats West

100. 190.39 gram meters NFGC 20-18

101. 187.80 gram meters NFGC 22-515

102. 185.78 gram meters NFGC 21-79

103. 183.72 gram meters NFGC 23-1690 10/11/2023 at Monte Carlo

104. 182.00 gram meters NFGC 20.93

105. 180.21 gram meters NFGC 21-312 at Keats and Keats FW

106. 179.00 gram meters NFGC 22-552

107. 178.82 gram meters NFGC 23-1585 10/23/2023 at Golden Joint

108. 178.44 gram meters NFGC 21-225

109. 177.95 gram meters NFGC 21-385

110. 172.70 gram meters NFGC 20-40A

111. 169.80 gram meters NFGC 20-28

112. 168.77 gram meters NFGC 23-1962 4/10/2024 at K-2

113. 167.55 gram meters NFGC 22-863

114. 165.52 gram meters NFGC 22-844 5/10/2023 at Dome

115. 165.29 gram meters NFGC 21-115

116. 164.78 gram meters NFGC 21-164

117. 164.16 gram meters NFGC 21-109

118. 164.15 gram meters NFGC 22-1084 3/1/2023 at Iceberg

119. 162.49 gram meters NFGC 22-784

120. 162.38 gram meters NFGC 22-922 3/21/2023 at Keats West

121 162.23 gram meters NFGC 20-38

122. 161.83 gram meters NFGC 22-170

123. 161.31 gram meters NFGC 23-1130 9/20/2023 at 421

124. 160.58 gram meters NFGC 21-407

125. 159.05 gram meters NFGC 21-87

126. 156.34 gram meters NFGC 23-1129 9/27/2023 at Keats West

127. 153.93 gram meters NFGC 22-833 3/21/2023 at Keats West

128. 153.59 gram meters NFGC 23-1171 5/17/2023 at Keats West

129. 152.05 gram meters NFGC 21-464

130. 151.25 gram meters NFGC 21-101

131. 148.86 gram meters NFGC 22-911 4/18/2023 at Keats West

132. 148.05 gram meters NFGC 23-1447 10/18/2023 at Jackpot

134. 146.18 gram meters NFGC 23-1997 4/10/2024 at K-2

135. 146.39 gram meters NFGC 23-1805 3/13/2024 at Iceberg

136. 145.75 gram meters NFGC 21-85

137. 145.33 gram meters NFGC 21-257

138. 144.63 gram meters NFGC 21-272

139. 141.79 gram meters NFGC 23-1201 6/8/2023 at iceberg

140 140.74 gram meters NFGC 23-1783 1/31/2024 at K-2

141. 140,28 gram meters NFGC 22-888 5/10/2023 at Everest

142 140.06 gram meters NFGC 23 1708 2/22/2024 at KW

143. 139.92 gram meters NFGC 23-1475 9/13/2023 at Iceberg

144. 139.78 gram meters NFGC 22-616

145. 137.13 gram meters NFGC 20-50

146. 136.32 gram meters NFGC 22-766

147. 131.34 gram meters NFGC 21-103

148. 130.72 gram meters NFGC 23-14 02 8/15/2023 at Iceberg

149. 129.46 gram meters NFGC 23-1088 10/25/2023 at iceberg

150. 127.38 gram meters NFGC 23-1873 3/13/2023 at Iceberg

151. 126.90 gram meters NFGC 21-413A

152. 126.22 gram meters NFGC 22-578

153. 125.69 gram meters NFGC 231217 5/31/2023 at Iceberg

154. 125.54 gram meters NFGC 23-1647 4/10/2024 at K-2/Everest

155. 125.46 gram meters NFGC 22-665

156. 124.60 gram meters NFGC 21-587

157. 123.20 gram meters NFGC 23-1091 9/27/2023 at Ketas West

158 123.05 gram meters NFGC 23-1523 11/15/2023 at Jackpot

159. 122.45 gram meters NFGC 23-1274 6/28/2023 at Iceberg East

160. 122.39 gram meters NFGC 23-1535 10/23/2023 at Golden Joint

161. 122.18 gram meters NFGC 22-672

162. 122.12 gram meters NFGC 23-1967 3/26/2024 at Keats FW

163. 121.65 gram meters NFGC 20-44

164. 121.42 gram meters NFGC 23-1182 7/24/2023 at 421

165 121.01 gram meters NFGC 23-1931 1/10/2024 at Honeypot

166. 120.67 gram meters NFGC 23-1977 3/13/2023 at Iceberg

167. 116.08 gram meters NFGC 21-181

168. 115.42 gram meters NFGC 23-1796 1/31/2024 at K-2

169. 115.41 gram meters NFGC 21-354A

170. 114.86 gram meters NFGC 21-225

171. 114.04 gram meters NFGC 21-90

172 113.73 gram meters NFGC 22-950 6/20/2023 at Pocket

173. 113.45 gram meters NFGC 21-219

174 113.07 gram meters NFGC 23-1331 9/13/2023 at Iceberg

175. 112.26 gram meters NFGC 21-184

176. 111.63 gram meters NFGC 21-1411

177. 111.05 gram meters NFGC 23-1635 11/29/23 AT K2

178. 111.02 gram meters NFGC 22-1109 3/1/2023 at Iceberg

179. 110.28 gram meters NFGC 23-1552 11/29/23 at K2

180. 109.76 gram meters NFGC 21-388

181. 108.78 gram meters NFGC 22-686

182. 108.59 gram meters NFGC 22-825

183. 107.90 gram meters NFGC 23-1738 1/31/2024 at K-2

184. 107.67 gram meters NFGC 21-103

185. 103.53 gram meters NFGC 23-1709 1/31/2024 at K-2

186. 103.14 gram meters NFGC 23-1650 4/10/2024

187. 102.34 gram meters NFGC 20-34

188. 101.77 gram meters NFGC 21.105B

189. 101.73 gram meters NFGC 22-855

190. 101.55 gram meters NFGC 23-1868 at K2

191. 101.99 gram meters NFGC 23-1197 6/14/2023 at Keats West

192. 100.92 gram meters NFGC 23-1235 2/14/2024

193. 101.36 gram meters NFGC 22-550

194. 100.61 gram meters NFGC 23-1630 1/31/2024 at K-2

Note A: Gram meter refers to the gold grade multiplied times the interval length in the drill core for that hole. This chart does not include the yet to be determined footprint of the discovery, which would indicate the strike length and width.

Note B. The World Gold Council defines a high-quality underground mine as having a gold ore density between 8 and 10 g/t (grams per ton), while a low-quality underground mine has a gold ore density of 1 to 4 g/t. Some view Bonanza-grade as more than 34 grams of gold per tonne or more than one troy ounce of gold per ton.

Last Edit: Apr 29, 2024 at 8:05pm by GGG

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