Sunday, September 14, 2025

New Found Gold Intersects 13.1 Metres Of 45.3 G/T Gold

New Found Gold (TSXV: NFG) this morning released its latest drill data from the Keats Zone, and the results are a doozie. The company reported highlight intervals of 45.3 g/t gold over 13.1 metres, along with 25.0 g/t gold over 16.85 metres in step out drilling conducted at the zone.

In total, partial results from six drill holes were released this morning from the firms flagship Queensway project, all of which come from the Keats Zone. The company is currently in the process of conducting a 100,000 metre drill campaign on the large property, which is located near to Gander, Newfoundland.

The highlight results outlined above come from holes NFGC-20-32 and NFGC-20-29, respectively, each of which are located 10 metres south of the initial NFGC-19-01 that hit 92.9 g/t gold over 19.0 metres last year. The full results released this morning are as follows.

HoleGold (g/t)Interval (m)Relative to NFGC-19-01
NFGC-20-3245.313.110m south, 10m below
NFGC-20-2925.016.910m south
NFGC-20-2840.14.110m south, 10m above
NFGC-20-257.32.210m above
NFGC-20-3429.32.425m below 19-01
NFGC-20-3010.36.150m south of 19-01

Mineralization from these holes are said to occur at intervals between 80 metres and 132 metres at depth. Further drill holes from the program, including those taken north of the centre hole, have been sent to the lab to be assayed on a rushed basis. To date, 36 holes have been completed at the Keats Zone, with 12 holes having received partial assays.

New Found Gold last traded at $4.40 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.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

New Found Gold Releases Further Assays At Golden Joint Zone

New Found Gold (TSXV: NFG) this morning reported further drill results from its ongoing exploration...

Thursday, September 30, 2021, 08:31:15 AM

Gold’s Next 12 Months Will Be the Trade of a Lifetime | Simon Marcotte – Northern Superior

FULL DISCLOSURE: Northern Superior Resources is a sponsor of theDeepDive.ca. In this conversation with Simon...

Sunday, August 10, 2025, 01:31:00 PM

Aya Gold & Silver Closes $15.2 Million Algold Acquisition

Aya Gold & Silver Incorporated (TSX: AYA) announced this morning the closing of the previously...

Friday, June 11, 2021, 09:55:00 AM

Equinox: BMO Lowers Price Target After Second Blockade In Nine Months

On June 22nd, Equinox Gold Corp. (TSX: EQX) announced that there has been illegal blockades set...

Thursday, June 24, 2021, 04:14:00 PM

The Most Exciting Gold Story Today! 183M oz Gold, 900M oz Silver! with Rudi Fronk of Seabridge Gold

In this interview, Rudi Fronk, CEO of Seabridge Gold (TSX: SEA, NYSE: SA), provides a...

Saturday, October 19, 2024, 10:00:00 AM