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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

TSXV:NFG - Post Discussion

New Found Gold Corp > Devico drilling steerable technology used in 2022 by ame ck
View:
Post by Dixiedee on Jul 22, 2024 8:52pm

Devico drilling steerable technology used in 2022 by ame ck

  • The Company has engaged Devico AS, a division of IMDEX, a leading supplier of directional drilling services, to apply its DeviDrill steerable core barrel technology at Queensway. Devico is in the process of deploying a team of technicians to the project site that will work closely with New Found and onsite drill contractors to apply this directional drilling technology that will enable branch holes. Branching involves single hole re-entry and directional drilling techniques to branch off existing holes at depth and more quickly target and define areas of interest.
you can go to Devico.com for lots of info 
Comment by nozzpack on Jul 23, 2024 4:23am
Thank you. Directional drilling has been used for decades in the oil and gas sector, with great success. Some of the side legs reach 2 km in horizontal length.   Multivariate fine tuning of target location and dips has demonstrated excellent success in NFGs Deep program todate as judged by the extraordinary success of their first deep drill holes. Success breeds success , with these ...more  
Comment by Dixiedee on Jul 23, 2024 2:43pm
Yes directional drilling is decades old around 50 years old but the steerable technology is a lot newer  and this is what newfound gold is now employing in their drill program 
New Found Gold Corp
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