New Found Gold Corp V.NFG

New Press Release - New Found Intercepts 26 g/t Au Over 9.45m, Extends Iceberg Strike Length to 575m and to a Depth Of 160m

New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 15 diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the...read article.

[MrDales62]

Another excellent hit. Companies would die for these numbers. Can't wait to see the first resource estimates. GLTA

[Retiredgeo]

It might not be the company's startegy to release resorce estimates or 43-101s.  President Denis Laviolette is keen on "proving up the district scale of the discovery".  Reading between the lines he favors selling the property and letting someone else do the resource estimates.  Resource estimates, 43-101s and bankable feasability studies can be prerequisites to a sale