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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 Oct 25, 2024 12:40pm
95 Views
Post# 36282248

New Found Gold's latest drill results

New Found Gold's latest drill resultsNFG's latest exploratory drill results released on 10/24/2024 included three high grade gold intercepts. NFGC 24-2129 hit 35 gram meters of Au, at the Honeypot zone, NFGC 24-2144 hit 77.32 gram meters at the Jackpot zone and most impressively intercept 24-2153 hit 242.69 gram meters of Au at the newly discovered zone, Pistachio. This new zone is located on the newly acquired property that NFG purchased from Labrador Gold. It's most interesting that NFG hit big, with the only exploratory hole it drilled on this new property. We should expect followup drilling in the Pistachio zone, most likely sooner than later. 

Quick Look at NFG's high grade drill results.

202 intercepts between 3761.83 gram meters and 100 gram meters

150 intercepts between 99,99 gram meters and 50 gram meters

88 intercepts between 49.99 gram meters and 35 gram meters

Add them up folks and you get an impressive 440 drill holes, intercepting between 3761.88 gram meters and 34 gram meters. 


GGG here, NFG is uncovering an Elephant gold project. 
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