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Bullboard - Stock Discussion Forum 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... see more

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TSXV:NFG - Post Discussion

New Found Gold Corp > Ah yes, Significant Results From Malmsbury Victorian Project

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Post by bdog123 on Nov 18, 2022 10:08am

Ah yes, Significant Results From Malmsbury Victorian Project

HIGHLIGHTS

New exciting high-grade assay results received from the 11-hole, 3,162 m diamond drilling program recently completed at the 50%-owned Malmsbury gold project (" Malmsbury Project ") located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia.
Significant results generated from the last two holes drilled in the program at Queens Birthday (MD20) and Leven Star (MD21) reefs include:
- 3.1 m @ 9.27 g/t Au from 400.9 m (MD20);
- 8.1 m @ 5.79 g/t Au from 131.9 m (MD21); and
- 6.2 m @ 3.92 g/t Au from 144.6 m (MD21).
Step-out hole MD22 returned 45 m @ 0.23 g/t Au from 134 m successfully intersecting the gold-mineralised felsic intrusive (Missing Link Monzogranite) 80 m north of previous reported drilling (MD17 1 ).