Post by
PTBailey on Apr 02, 2024 10:15am
552 Zone
Response from Tim to a question I asked re. last NR on their FB page.
"552 Zone is a recent new discovery and is in the early stages of exploration. It is encouraging to see that gold bearing structures continue to be discovered and expand the mineralized footprint at Moosehead to the east and to depth. The presence of coarse (visible) gold grains and higher and increasing gold content suggests that an area of gold enrichment is being traced out."
Comment by
geezer21 on Apr 03, 2024 1:48am
Froude's comment highlights the fact that deposits contiinue to be discovered along the fault structures at Moosehead as has been seen at Newfound Gold and Marathon. After Newfound Gold's discoveries, Moosehead is the second most significant discovery along Newfoundland faulting structures.
Comment by
PTBailey on Apr 03, 2024 11:01am
Hopefully another update will begin to move the stock price.