by accident" going on in the recent spate of NFG videos. Essentially, they're comparing New Found to Fosterville (which may or may not be) and trying to at the same time slide in the QH discovered the Swan zone.
Here are the FACTS:
March 12 2014 Crocodile Gold press release:
Lower Phoenix Structure Drill Intercepts
- 122.35 g/t Au over 6.8m (ETW 6.6m) in hole UDH0755
- 24.00 g/t Au over 33.80m (ETW 7.00m) in hole UDE110
- 32.86 g/t Au over 3.60m (ETW 3.00m) in hole UDH0561
- 12.89 g/t Au over 14.35m (ETW 8.00m) in hole UDH0575
- 19.15 g/t Au over 6.85m (ETW 6.30m) in hole UDH0617
- 16.67 g/t Au over 11.90m (ETW 8.60m) in hole UDH0643
These results are hundreds of meters ahead of the mining front. If someone tells you Fosterville was just running 3-5 g/t until QH arrived in August 2016, they are either misinformed or lying. If they tell you Crocodile/Newmarket was just doing in-fill drilling in front of the mining front, they are either misinformed or lying. Thats 6 meters of over 100 g/t, sitting there, in MARCH 2014.
Then the really big hits started coming. I bought into Newmarket in Feb 2016, based on the drill results Fosterville was turning out, BTW.
July 2015: "Discovery of the Eagle Fault with several holes reporting extremely high-grade gold drill intercepts. In particular, 386 g/t Au (1) over 9.15 m (ETW 3.35 m) in hole UDH1238 (Including 5,283 g/t Au(1) over 0.6 m), 268 g/t Au (1) over 7.85 m (ETW 2.77 m) in hole UDH1255 (Including 5,276 g/t Au(1) over 0.35 m) and 73.15 g/t Au (1) over 8.7 m (ETW 7.78 m) in hole UDH1240A. Visible Gold has also been observed in the upper parts of Eagle zone in underground exposures. Lower Phoenix Footwall Fault returned high-grade intercept 77.87 g/t Au(1) over 6.3 m (ETW 4.33 m) in hole UDH1219A" February 2015: "Lower Phoenix Footwall structure intercepts include 123.10(1) g/t Au over 9.45m (ETW 3.99m), 51.34(1) g/t Au over 6.80m (ETW 6.0m), and 294.23(1) g/t Au over 1.85m (ETW 1.26m). High-grade intercepts have strong potential to extend mineral resources and reserves southwards down-plunge."
My understanding is that QH's 'miraculous visitation' to Fosterville was in August 2016. The KL-Newmarket merge was announced in September.
Make of this what you will, I am posting FACTS. But IMO if you are sensing that the New Found Gold videos are trying to suggest that Fosterville was going nowhere until Hennigh showed them the way, then you have an assessment to make, as to either the level of misinformation of your source, or whether they are for some reason trying to BULLSHIT you. And if it's the latter - why are they doing so, if they think their deposit is so hot?