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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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 > Source of Iceberg Trench grades
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Post by nozzpack on Nov 27, 2024 1:12pm

Source of Iceberg Trench grades

The grades below are from previously released near surface intercept grades from the area below the  Iceberg Trench that was to be trenched.

The intercept weighted grade is 31 grams per ton.

It is assumed, as stated by management , that there is congruence between the surficial grades of channel sampling and drill core grades in the shallow depths beneath the trench,,





Comment by explogeo on Nov 27, 2024 2:39pm
Thank you for sharing. The weighted average I'm getting is 25.45g/t. Unfortunately, you're just using the drill intercepts instead of using the upper and lower limits of the True Width calculations which endsd up skewing your numbers in my opinion. Technical Report (Nov.1 2024) NFGC-22-1084 TW= 60-90%  NFGC-23-1109 TW=60-90% NFGC-23-1264  TW= 55-85% (20-21.9m=70-95% TW and 22.65 ...more  
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