Friday, May 30, 2025

Latest

New Found Gold Intersects 106.46 G/T Gold Over 9.15 Metres At Keats

New Found Gold (TSXV: NFG) has released drill results from ten additional holes that were conducted at its flagship Keats Zone at the Queensway project in Newfoundland. Highlights from the program include 106.46 g/t gold over 9.15 metres within hole NFGC-21-112.

Drill results released this morning come from the ongoing 200,000 metre exploration campaign currently being conducted at the firms property. The latest drill holes were focused on infilling between the firms deepest interval to date and near surface high grade results up-plunge.

Highlight results from the latest release include:

  • NFGC-20-74: 32.27 g/t gold over 2.00 metres, 3.36 g/t gold over 21.35 metres, and 45.59 g/t gold over 4.05 metres
  • NFGC-21-85: 49.41 g/t gold over 2.95 metres
  • NFGC-21-119: 15.57 g/t gold over 6.95 metres
  • NFGC-21-122: 24.75 g/t gold over 1.90 metres, 69.15 g/t gold over 14.90, with the latter including 106.46 g/t gold over 9.15 metres

Current drilling at the property is now focused on extending the zone down-plunge, testing additional zones of mineralization which includes footwall veining, and providing further definition of mineralization near surface.

New Found Gold last traded at $4.58 on the TSX Venture.


Information for this briefing was found via Sedar and New Found Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Massive Gold Deal: Northern Star Secures Hemi Project in $3.3 Billion Acquisition

Northern Star Resources Ltd. (ASX: NST), Australia’s largest listed gold miner, has announced a $3.3 billion...

Monday, December 2, 2024, 08:01:00 AM

McLaren Resources Reveals 2021 Exploration Plans

McLaren Resources (CSE: MCL) this morning announced its 2021 exploration plants for its wholly owned...

Tuesday, February 16, 2021, 09:34:51 AM

X-Terra Resources Closes “Strategic” Financing At 50% Discount To Market Price

X-Terra Resources Inc (TSXV: XTT) announced this evening that it has closed a “strategic” private...

Friday, August 7, 2020, 05:14:14 PM

Falcon Gold Begins Field Work At Spitfire-Sunny Boy Project

Falcon Gold Corp (TSXV: FG) was out with an update this morning, identifying that it...

Monday, June 8, 2020, 12:15:13 PM

Lundin Mining: BMO Maintains $13.00 Price Target Following Chapada Resumption

Yesterday Lundin Mining (TSX: LUN) announced that they had resumed full production at their Chapada...

Tuesday, December 22, 2020, 11:51:00 AM