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 > Phase 1 channel results

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Post by TheGreekGoldGuy on Sep 23, 2024 8:50am

Phase 1 channel results

These results should rattle the why are they here gang, but theyt are not a very smart group. EvenKeel already made a ignorant statement a few minutes ago. Here are the facts.

The Phase I channel sampling program was completed over a stripped bedrock surface that is 200m long by 70m wide with a 27-line sampling grid spaced 7.5m apart, covering a total length of 1,782m that includes 2,200 individual samples.
A Phase II channel sampling program is ongoing at Keats that is designed to increase the sample density along very high-grade veins to provide more certainty about grade variability of these domains. In addition, the Phase II program aims to better assess vein domains oblique to the systematic grid that were not adequately represented in the Phase I program.

GGG here, the phase 2 results will be most interesting

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