Tuesday, October 7, 2025

Latest

New Found Gold Reports Results From Single Hole At Keats Footwall Zone

New Found Gold (TSXV: NFG) this morning announced the drill result from a single drill hole, despite the massive 400,000 metre program currently underway on its flagship project. The result came from the Keats zone, one of the major zones at the firms property.

The single drill hole intersected the footwall of the zone, intersecting a highlight value of 2.45 metres of 56.69 g/t gold at a depth of 393.55 metres. The intersect is believed to be related to mineralization found previously that amounted to 88.53 g/t gold over 3.35 metres, and has extended that vein by 20 metres as a result.

The hole is also believed to have intersected a second vein in the Footwall zone, at a depth of 410 metres where it hit 4.89 g/t gold over 2.90 metres. Additional intersects include 1.94 g/t gold over 2.45 metres and 1.10 g/t gold over 2.60 metres.

Currently, a single drill is exploring the Keats Footwall Zone, with more drills expected to be added to the mix. Deformation at the zone is believed to be similar in nature to the Keats Main Zone, and is considered highly prospective.

New Found Gold last traded at $8.42 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. 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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

B2Gold Corp Insiders Sell $5.3 Million Worth Of Shares

B2Gold Corp (TSX: BTO) has seen insiders file several reports over the last several days...

Thursday, September 17, 2020, 10:59:13 AM

Your Next African Gold Mining Champion | Peter Marrone – Allied Gold

In this interview, Peter Marrone, CEO of Allied Gold (TSX: AAUC), outlines the company’s growth...

Saturday, February 1, 2025, 11:34:00 AM

Gold Sent Soaring Following Awful Non-Farm Payroll Data

It appears things might be finally hitting the fan this morning so to speak. Gold...

Friday, September 3, 2021, 08:53:37 AM

Nighthawk Gold Drills 4.64 G/T Gold Over 6.15 Metres At Grizzly Bear

Nighthawk Gold Corp. (TSX: NHK) announced today the assay results of its 18-drill program at...

Monday, June 7, 2021, 09:28:00 AM

Argonaut Gold: Analysts Upgrade Price Targets Following Close Of Financing

Some analysts have recently updated their forecasts on Argonaut Gold (TSX: AR) after the closing of...

Friday, February 19, 2021, 11:55:00 AM