New Found Gold Corp V.NFG

laba dabba doo

[likeike]

Outlook for 2022

LabGold will continue to explore the entire 12km strike length of the Appleton Fault Zone during 2022 including:

• Continued diamond drilling at Big Vein and the “Pristine” target testing along strike and at depth.

• Initial drilling at Golden Glove following receipt of survey results and drill permit.

• Upgrading of gold anomalies and generation of new targets using the same techniques that produced discoveries during 2020 and 2021.

“2021 was an exciting year for us as the LabGold team built on the exploration success achieved in 2020. The drilling at Big Vein demonstrated the presence of high grade epizonal style gold mineralization at Kingsway and the discovery of visible gold at Golden Glove and pristine gold grains at the “Pristine” target reinforces the prospectivity of the Appleton Fault Zone,” said Roger Moss, President and CEO of Labrador Gold. “Given the number of gold anomalies we have uncovered along the 12km length of the Appleton Fault Zone 2022 is shaping up to be another year of discovery for LabGold. Many assays remain outstanding from 2021 which, together with our continued drilling, will result in a steady flow of news next year. With over $30 million in cash and no debt the Company is well capitalized for its planned exploration programs. I would like to express my thanks to the LabGold exploration team for their commitment to the project and to the Newfoundland government for their continued support and assistance. Finally, to our shareholders, we wouldn’t be here without you, and we look forward to sharing with you what we expect to be another year of discovery in 2022.

[Malpeque2]

Ike:       Did you get your pom poms for Christmas? Is this the LabGold Blog? I bought a few Novo for grins,   maybe QH can find something in Victoria. What are the top 5 drill intercepts here for Gold Labrador?      Can this dog hunt? How many km along strike do they have locked up.  You know this Presser from the President is a Puff Piece

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[Malpeque2]

BDOG: Thanks.    I own a few NFG.    Looks much better than SOK or LAB so far.   NFG has two dimensions pretty good.     Depends on the step outs  from each of these 3 zones,  what is in between,   and whatever else they find along a long long strike.     More expensive yes.  I guess you get what you pay for

[megacopper]

    You are exactly right. Quinton Hennigh was adamant about drilling very tight spacing between holes with these high grade epizonal type deposits. He suggested 10 meter spacing or even less because you could easily lose track of the direction of the high grade gold. They are like rivers of gold that twist and turn through the fractures in the rock. The fluids carrying the gold

[Kewl002]

BDOG - perhaps LAB is in exactly the same position as every other explorer in Nfld whereby they cannot get assay lab results?? As such, how do we know how many meters of core they have awaiting processing or whether such core is bonanza grade?

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[Kewl002]

"Here is something I did with most of these NL stocks.  I took a long term look at the daily shares traded.  If I bought 50K or so of most, would I have to chase the ask to get filled, and correspondingly would I have to chase the bid to get out?  Only Lab has the necessary volume, most days, to play in that department and feel reasonably certain one can do a trade at market

[braindeadoldguy]

This post has been removed in accordance with Community Policy