New Found Intercepts 36 g/t Au Over 16.7m, 34 g/t Au Over 14.7m, 43 g/t Au Over 7.35m & 41 g/t Au Over 5.85m at Iceberg
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Figure 1: Photos of mineralization from Left: at ~112.30m in NFGC-23-1323, Right: at 79.25m in NFGC-23-1766 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-23-1323 and NFGC-23-1766. (Photo: Business Wire)
Iceberg and Iceberg East Highlights:
Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Zone |
NFGC-23-13231 |
109.00 |
125.70 |
16.70 |
12.56 |
Iceberg |
Including |
112.25 |
113.50 |
1.25 |
132.84 |
|
Including |
120.65 |
121.60 |
0.95 |
24.30 |
|
NFGC-23-16132 |
25.20 |
27.45 |
2.25 |
24.89 |
Iceberg East |
Including |
27.15 |
27.45 |
0.30 |
168.52 |
|
NFGC-23-17462 |
50.80 |
58.15 |
7.35 |
42.80 |
Iceberg |
Including |
51.60 |
53.40 |
1.80 |
172.02 |
|
NFGC-23-17662 |
55.35 |
65.00 |
9.65 |
4.89 |
Iceberg |
Including |
59.00 |
60.90 |
1.90 |
18.47 |
|
NFGC-23-18051 |
62.15 |
64.70 |
2.55 |
21.06 |
Iceberg |
And1 |
70.70 |
82.15 |
11.45 |
3.96 |
|
Including |
73.45 |
74.45 |
1.00 |
12.75 |
|
NFGC-23-18201 |
45.30 |
62.00 |
16.70 |
36.18 |
Iceberg |
Including1 |
46.10 |
52.00 |
5.90 |
43.85 |
|
Including1 |
53.00 |
56.40 |
3.40 |
78.82 |
|
Including2 |
59.00 |
61.00 |
2.00 |
24.55 |
|
And2 |
68.30 |
81.45 |
13.15 |
15.50 |
|
Including |
71.40 |
72.15 |
0.75 |
21.00 |
|
Including |
74.00 |
75.80 |
1.80 |
88.76 |
|
NFGC-23-18271 |
87.50 |
102.20 |
14.70 |
33.68 |
Iceberg |
Including1 |
90.20 |
92.20 |
2.00 |
229.26 |
|
Including2 |
99.50 |
101.00 |
1.50 |
12.59 |
|
NFGC-23-18381 |
14.10 |
19.95 |
5.85 |
40.51 |
Iceberg |
Including |
14.10 |
14.80 |
0.70 |
278.00 |
|
Including |
18.40 |
19.95 |
1.55 |
22.56 |
|
NFGC-23-18431 |
27.50 |
29.65 |
2.15 |
22.10 |
Iceberg |
Including |
27.50 |
27.85 |
0.35 |
27.69 |
|
Including |
28.40 |
29.25 |
0.85 |
36.84 |
|
NFGC-23-18731 |
35.00 |
37.45 |
2.45 |
27.77 |
Iceberg |
Including |
36.45 |
37.05 |
0.60 |
110.50 |
|
And4 |
104.60 |
109.10 |
4.50 |
13.19 |
|
Including |
104.60 |
105.25 |
0.65 |
13.80 |
|
Including |
107.50 |
109.10 |
1.60 |
29.34 |
|
NFGC-23-19141 |
29.00 |
41.80 |
12.80 |
13.86 |
Iceberg |
Including1 |
31.60 |
32.20 |
0.60 |
27.90 |
|
Including1 |
33.85 |
35.40 |
1.55 |
69.10 |
|
Including2 |
40.50 |
41.00 |
0.50 |
61.40 |
|
And2 |
51.25 |
53.65 |
2.40 |
14.69 |
|
Including |
52.20 |
53.00 |
0.80 |
42.30 |
|
NFGC-23-19521 |
14.70 |
16.90 |
2.20 |
21.39 |
Iceberg East |
Including |
15.70 |
16.30 |
0.60 |
77.20 |
|
And1 |
23.00 |
25.15 |
2.15 |
11.04 |
|
Including |
23.00 |
23.55 |
0.55 |
25.80 |
|
NFGC-23-19661 |
179.00 |
181.00 |
2.00 |
16.12 |
Iceberg |
Including |
180.00 |
181.00 |
1.00 |
31.68 |
|
NFGC-23-19771 |
121.40 |
129.35 |
7.95 |
10.39 |
Iceberg |
Including |
121.40 |
122.65 |
1.25 |
33.98 |
|
Including |
125.00 |
125.45 |
0.45 |
77.68 |
|
And2 |
146.35 |
160.60 |
14.25 |
2.59 |
|
Including |
155.10 |
155.95 |
0.85 |
12.34 |
|
Including |
157.15 |
157.70 |
0.55 |
20.81 |
Table 1: Iceberg and Iceberg East Drilling Highlights
Note that the host structures are interpreted to be moderately to steeply dipping and true widths are generally estimated to be 170% to 95%, 240% to 70%, and 310% to 40% of reported intervals. 4True widths are unknown at this time. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.
-
36.2 g/t Au over 16.70m in NFGC-23-1820 and 33.7 g/t Au over 14.70m in NFGC-23-1827 are located approximately 45m apart within the high-grade domain of Iceberg where a confluence of high-grade gold veins and associated structures intersect. These holes were drilled from the west to the east to better test this secondary set of gold veins that are partly controlling the high-grade mineralization in this segment of the
Keats-Baseline Fault Zone (“KBFZ”) and to gain a better understanding of their orientations and true widths. - 40.5 g/t Au over 5.85m in NFGC-23-1838 and 13.9 g/t Au over 12.80m in NFGC-23-1914 are located at a vertical depth of just 20m and were designed to extend high-grade gold mineralization to surface at Iceberg. These holes are located 50m to the south and 150m to the north of NFGC-23-1820, respectively.
- Other notable intercepts from today’s release include 12.6 g/t Au over 16.70m in NFGC-23-1323 and 42.8 g/t Au over 7.35m in NFGC-23-1746, located 25m and 80m along strike to the north of NFGC-23-1820. The intercept of 24.9 g/t Au over 2.25m in NFGC-23-1613 is located a further 530m to the east at the far eastern extent of Iceberg East.
-
The near-surface Iceberg-Iceberg East high-grade segment of the KBFZ has a strike length of 655m. When combined with the 400m high-grade segment of
Keats Main , this near-surface, high-grade corridor covers over 1km of strike. This domain of high-grade occurs within the overall KBFZ, a gold mineralized damage zone that is drill-defined over 1.9km of strike, where it remains open.
Drillhole Details
Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Zone |
NFGC-21-194 |
No Significant Values |
Iceberg |
|||
NFGC-22-10654 |
20.10 |
22.40 |
2.30 |
7.39 |
Iceberg |
Including |
21.85 |
22.40 |
0.55 |
30.45 |
|
NFGC-22-10691 |
4.65 |
7.20 |
2.55 |
3.03 |
Iceberg |
Including |
5.80 |
6.20 |
0.40 |
13.89 |
|
And1 |
16.70 |
19.00 |
2.30 |
1.90 |
|
NFGC-23-11521 |
158.35 |
161.00 |
2.65 |
1.09 |
Iceberg |
NFGC-23-11774 |
25.85 |
28.05 |
2.20 |
1.38 |
Keats N |
And4 |
66.55 |
68.95 |
2.40 |
1.02 |
Iceberg |
And1 |
113.45 |
118.95 |
5.50 |
1.76 |
|
And4 |
129.70 |
132.20 |
2.50 |
1.18 |
|
NFGC-23-13231 |
109.00 |
125.70 |
16.70 |
12.56 |
Iceberg |
Including |
112.25 |
113.50 |
1.25 |
132.84 |
|
Including |
120.65 |
121.60 |
0.95 |
24.30 |
|
NFGC-23-13281 |
15.45 |
17.80 |
2.35 |
6.18 |
Iceberg East |
Including |
15.45 |
16.00 |
0.55 |
11.34 |
|
Including |
17.30 |
17.80 |
0.50 |
16.56 |
|
And1 |
37.40 |
40.75 |
3.35 |
2.16 |
|
NFGC-23-13401 |
132.15 |
135.75 |
3.60 |
8.39 |
Iceberg |
Including |
132.15 |
133.10 |
0.95 |
22.63 |
|
And3 |
143.80 |
156.35 |
12.55 |
1.05 |
|
And3 |
184.00 |
186.50 |
2.50 |
1.07 |
|
NFGC-23-13581 |
212.80 |
216.40 |
3.60 |
2.01 |
Iceberg |
NFGC-23-14041 |
109.65 |
121.15 |
11.50 |
1.94 |
Iceberg |
Including |
119.75 |
120.15 |
0.40 |
29.23 |
|
NFGC-23-14274 |
132.90 |
134.95 |
2.05 |
1.11 |
Iceberg |
And4 |
158.80 |
161.25 |
2.45 |
1.27 |
|
And4 |
165.25 |
168.35 |
3.10 |
1.75 |
|
And1 |
213.95 |
216.30 |
2.35 |
1.58 |
|
And1 |
220.00 |
222.50 |
2.50 |
1.04 |
|
NFGC-23-1436 |
No Significant Values |
Iceberg East |
|||
NFGC-23-14431 |
162.85 |
165.30 |
2.45 |
1.06 |
Iceberg |
NFGC-23-14452 |
61.45 |
66.40 |
4.95 |
2.53 |
Iceberg |
NFGC-23-14891 |
157.00 |
159.90 |
2.90 |
1.10 |
Iceberg East |
NFGC-23-15143 |
115.70 |
118.00 |
2.30 |
1.43 |
Iceberg East |
NFGC-23-15251 |
97.00 |
99.20 |
2.20 |
1.70 |
Iceberg East |
NFGC-23-15331 |
90.80 |
102.45 |
11.65 |
1.21 |
Iceberg East |
And1 |
106.35 |
108.35 |
2.00 |
1.03 |
|
NFGC-23-16052 |
76.90 |
79.35 |
2.45 |
1.00 |
Iceberg East |
And1 |
85.60 |
87.60 |
2.00 |
2.90 |
|
NFGC-23-16072 |
12.00 |
14.00 |
2.00 |
1.25 |
Iceberg East |
And2 |
17.00 |
19.00 |
2.00 |
1.17 |
|
NFGC-23-16132 |
25.20 |
27.45 |
2.25 |
24.89 |
Iceberg East |
Including |
27.15 |
27.45 |
0.30 |
168.52 |
|
NFGC-23-1622 |
No Significant Values |
Iceberg East |
|||
NFGC-23-1622A1 |
102.80 |
111.45 |
8.65 |
1.67 |
Iceberg East |
Including |
102.80 |
103.55 |
0.75 |
10.40 |
|
NFGC-23-17462 |
50.80 |
58.15 |
7.35 |
42.80 |
Iceberg |
Including |
51.60 |
53.40 |
1.80 |
172.02 |
|
And2 |
63.10 |
65.30 |
2.20 |
1.13 |
|
NFGC-23-17574 |
71.00 |
74.50 |
3.50 |
1.87 |
Iceberg |
And1 |
91.00 |
107.35 |
16.35 |
1.13 |
|
NFGC-23-17662 |
55.35 |
65.00 |
9.65 |
4.89 |
Iceberg |
Including |
59.00 |
60.90 |
1.90 |
18.47 |
|
And2 |
73.00 |
75.10 |
2.10 |
1.43 |
|
And2 |
79.45 |
86.30 |
6.85 |
1.51 |
|
NFGC-23-1769 |
No Significant Values |
Iceberg |
|||
NFGC-23-1776 |
No Significant Values |
Iceberg |
|||
NFGC-23-17801 |
140.50 |
144.55 |
4.05 |
1.49 |
Iceberg |
NFGC-23-17891 |
146.80 |
149.10 |
2.30 |
2.20 |
Iceberg |
And1 |
183.60 |
186.25 |
2.65 |
1.94 |
|
NFGC-23-18001 |
97.55 |
100.15 |
2.60 |
1.06 |
Iceberg |
And1 |
120.00 |
127.75 |
7.75 |
2.66 |
|
Including |
127.00 |
127.75 |
0.75 |
15.05 |
|
And1 |
152.70 |
155.80 |
3.10 |
1.05 |
|
NFGC-23-18051 |
57.30 |
59.85 |
2.55 |
1.87 |
Iceberg |
And1 |
62.15 |
64.70 |
2.55 |
21.06 |
|
And1 |
70.70 |
82.15 |
11.45 |
3.96 |
|
Including |
73.45 |
74.45 |
1.00 |
12.75 |
|
And1 |
91.00 |
93.00 |
2.00 |
1.02 |
|
And2 |
100.75 |
104.40 |
3.65 |
8.70 |
|
Including |
101.40 |
102.40 |
1.00 |
17.01 |
|
And1 |
114.30 |
117.00 |
2.70 |
1.26 |
|
And1 |
121.20 |
126.40 |
5.20 |
1.04 |
|
NFGC-23-18131 |
140.00 |
142.10 |
2.10 |
1.07 |
Iceberg |
NFGC-23-18201 |
45.30 |
62.00 |
16.70 |
36.18 |
Iceberg |
Including1 |
46.10 |
52.00 |
5.90 |
43.85 |
|
Including1 |
53.00 |
56.40 |
3.40 |
78.82 |
|
Including2 |
59.00 |
61.00 |
2.00 |
24.55 |
|
And2 |
68.30 |
81.45 |
13.15 |
15.50 |
|
Including |
71.40 |
72.15 |
0.75 |
21.00 |
|
Including |
74.00 |
75.80 |
1.80 |
88.76 |
|
And1 |
101.30 |
103.70 |
2.40 |
1.01 |
|
NFGC-23-18272 |
74.00 |
76.25 |
2.25 |
1.35 |
Iceberg |
And1 |
87.50 |
102.20 |
14.70 |
33.68 |
|
Including1 |
90.20 |
92.20 |
2.00 |
229.26 |
|
Including2 |
99.50 |
101.00 |
1.50 |
12.59 |
|
And1 |
106.05 |
108.95 |
2.90 |
1.01 |
|
NFGC-23-18321 |
9.30 |
13.65 |
4.35 |
4.00 |
Iceberg |
Including |
12.75 |
13.65 |
0.90 |
15.50 |
|
NFGC-23-18381 |
14.10 |
19.95 |
5.85 |
40.51 |
Iceberg |
Including |
14.10 |
14.80 |
0.70 |
278.00 |
|
Including |
18.40 |
19.95 |
1.55 |
22.56 |
|
NFGC-23-18431 |
27.50 |
29.65 |
2.15 |
22.10 |
Iceberg |
Including |
27.50 |
27.85 |
0.35 |
27.69 |
|
Including |
28.40 |
29.25 |
0.85 |
36.84 |
|
NFGC-23-18661 |
12.25 |
20.00 |
7.75 |
4.70 |
Iceberg |
Including |
14.60 |
15.20 |
0.60 |
52.90 |
|
And4 |
90.55 |
93.85 |
3.30 |
1.44 |
|
And2 |
171.05 |
173.20 |
2.15 |
1.43 |
Keats N |
NFGC-23-18731 |
35.00 |
37.45 |
2.45 |
27.77 |
Iceberg |
Including |
36.45 |
37.05 |
0.60 |
110.50 |
|
And4 |
104.60 |
109.10 |
4.50 |
13.19 |
|
Including |
104.60 |
105.25 |
0.65 |
13.80 |
|
Including |
107.50 |
109.10 |
1.60 |
29.34 |
|
NFGC-23-18791 |
80.95 |
90.50 |
9.55 |
3.10 |
Iceberg |
Including |
80.95 |
81.95 |
1.00 |
11.95 |
|
And1 |
99.10 |
105.85 |
6.75 |
5.56 |
Keats N |
Including |
100.10 |
101.10 |
1.00 |
25.60 |
|
NFGC-23-18871 |
100.00 |
102.00 |
2.00 |
1.31 |
Iceberg |
NFGC-23-1895 |
No Significant Values |
Iceberg |
|||
NFGC-23-1902 |
No Significant Values |
Iceberg |
|||
NFGC-23-19121 |
24.95 |
31.90 |
6.95 |
7.18 |
Iceberg |
Including |
26.00 |
28.30 |
2.30 |
18.51 |
|
And4 |
40.50 |
46.80 |
6.30 |
2.44 |
|
NFGC-23-19141 |
29.00 |
41.80 |
12.80 |
13.86 |
Iceberg |
Including1 |
31.60 |
32.20 |
0.60 |
27.90 |
|
Including1 |
33.85 |
35.40 |
1.55 |
69.10 |
|
Including2 |
40.50 |
41.00 |
0.50 |
61.40 |
|
And2 |
51.25 |
53.65 |
2.40 |
14.69 |
|
Including |
52.20 |
53.00 |
0.80 |
42.30 |
|
NFGC-23-1915 |
No Significant Values |
Iceberg |
|||
NFGC-23-19201 |
28.00 |
30.00 |
2.00 |
1.35 |
Iceberg East |
And1 |
38.30 |
40.85 |
2.55 |
1.05 |
|
NFGC-23-1922 |
No Significant Values |
Iceberg |
|||
NFGC-23-1924 |
No Significant Values |
Iceberg |
|||
NFGC-23-1925 |
No Significant Values |
Iceberg East |
|||
NFGC-23-1928 |
No Significant Values |
Iceberg East |
|||
NFGC-23-19322 |
64.95 |
67.15 |
2.20 |
3.59 |
Iceberg East |
NFGC-23-1938 |
No Significant Values |
Iceberg |
|||
NFGC-23-1950 |
No Significant Values |
Iceberg East |
|||
NFGC-23-19521 |
14.70 |
16.90 |
2.20 |
21.39 |
Iceberg East |
Including |
15.70 |
16.30 |
0.60 |
77.20 |
|
And1 |
23.00 |
25.15 |
2.15 |
11.04 |
|
Including |
23.00 |
23.55 |
0.55 |
25.80 |
|
NFGC-23-1956 |
No Significant Values |
Iceberg |
|||
NFGC-23-1957A |
No Significant Values |
Iceberg East |
|||
NFGC-23-19661 |
179.00 |
181.00 |
2.00 |
16.12 |
Iceberg |
Including |
180.00 |
181.00 |
1.00 |
31.68 |
|
NFGC-23-19701 |
161.00 |
163.35 |
2.35 |
1.39 |
Iceberg |
And2 |
184.30 |
187.15 |
2.85 |
1.07 |
|
NFGC-23-19771 |
121.40 |
129.35 |
7.95 |
10.39 |
Iceberg |
Including |
121.40 |
122.65 |
1.25 |
33.98 |
|
Including |
125.00 |
125.45 |
0.45 |
77.68 |
|
And2 |
146.35 |
160.60 |
14.25 |
2.59 |
|
Including |
155.10 |
155.95 |
0.85 |
12.34 |
|
Including |
157.15 |
157.70 |
0.55 |
20.81 |
|
And4 |
201.55 |
204.20 |
2.65 |
1.48 |
Table 2: Summary of composite results reported in this press release for Iceberg and Iceberg East
Note that the host structures are interpreted to be moderately to steeply dipping and true widths are generally estimated to be 170% to 95%, 240% to 70%, and 310% to 40% of reported intervals. 4True widths are unknown at this time. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.
Hole No. |
Azimuth (°) |
Dip (°) |
Length (m) |
UTM E |
UTM N |
Prospect |
NFGC-21-194 |
300 |
-45 |
608 |
658587 |
5427560 |
Iceberg |
NFGC-22-1065 |
300 |
-45 |
320 |
658422 |
5427866 |
Iceberg |
NFGC-22-1069 |
308 |
-49 |
251 |
658282 |
5427630 |
Iceberg |
NFGC-23-1152 |
83 |
-45 |
249 |
658284 |
5427850 |
Iceberg |
NFGC-23-1177 |
142 |
-45 |
166 |
658283 |
5427849 |
Iceberg |
NFGC-23-1323 |
300 |
-45 |
275 |
658515 |
5427783 |
Iceberg |
NFGC-23-1328 |
300 |
-45 |
225 |
658848 |
5428140 |
Iceberg East |
NFGC-23-1340 |
300 |
-45 |
305 |
658551 |
5427791 |
Iceberg |
NFGC-23-1358 |
299 |
-45.5 |
479 |
658507 |
5427672 |
Iceberg |
NFGC-23-1404 |
299 |
-45.5 |
161 |
658577 |
5427833 |
Iceberg |
NFGC-23-1427 |
300 |
-45 |
257 |
658347 |
5427592 |
Iceberg |
NFGC-23-1436 |
0 |
-45 |
227 |
658940 |
5428202 |
Iceberg East |
NFGC-23-1443 |
319 |
-53 |
269 |
658571 |
5427779 |
Iceberg |
NFGC-23-1445 |
318 |
-45 |
161 |
658338 |
5427660 |
Iceberg |
NFGC-23-1489 |
313 |
-45 |
230 |
658679 |
5427833 |
Iceberg East |
NFGC-23-1514 |
0 |
-90 |
141 |
658707 |
5428021 |
Iceberg East |
NFGC-23-1525 |
319 |
-45 |
129 |
658680 |
5427948 |
Iceberg East |
NFGC-23-1533 |
318 |
-57 |
150 |
658680 |
5427948 |
Iceberg East |
NFGC-23-1605 |
300 |
-72 |
105 |
658776 |
5428065 |
Iceberg East |
NFGC-23-1607 |
300 |
-60 |
161 |
658881 |
5428149 |
Iceberg East |
NFGC-23-1613 |
299 |
-68 |
140 |
658848 |
5428140 |
Iceberg East |
NFGC-23-1622 |
276 |
-45 |
64 |
658843 |
5428084 |
Iceberg East |
NFGC-23-1622A |
276 |
-45 |
125 |
658844 |
5428083 |
Iceberg East |
NFGC-23-1746 |
119 |
-45 |
107 |
658456 |
5427887 |
Iceberg |
NFGC-23-1757 |
118 |
-54 |
131 |
658442 |
5427896 |
Iceberg |
NFGC-23-1766 |
120 |
-45 |
98 |
658435 |
5427872 |
Iceberg |
NFGC-23-1769 |
118 |
-46 |
155 |
658317 |
5427850 |
Iceberg |
NFGC-23-1776 |
120 |
-45 |
188 |
658316 |
5427883 |
Iceberg |
NFGC-23-1780 |
118 |
-53 |
215 |
658287 |
5427900 |
Iceberg |
NFGC-23-1789 |
120 |
-45 |
224 |
658288 |
5427900 |
Iceberg |
NFGC-23-1800 |
125 |
-49 |
164 |
658360 |
5427865 |
Iceberg |
NFGC-23-1805 |
155 |
-45 |
143 |
658359 |
5427864 |
Iceberg |
NFGC-23-1813 |
114 |
-48 |
176 |
658365 |
5427878 |
Iceberg |
NFGC-23-1820 |
165 |
-55 |
152 |
658407 |
5427858 |
Iceberg |
NFGC-23-1827 |
118 |
-60 |
116 |
658407 |
5427860 |
Iceberg |
NFGC-23-1832 |
299 |
-45.5 |
176 |
658400 |
5427819 |
Iceberg |
NFGC-23-1838 |
299 |
-45.5 |
98 |
658385 |
5427800 |
Iceberg |
NFGC-23-1843 |
299 |
-45.5 |
119 |
658377 |
5427776 |
Iceberg |
NFGC-23-1866 |
299 |
-45 |
191 |
658354 |
5427759 |
Iceberg |
NFGC-23-1873 |
299 |
-45 |
150 |
658375 |
5427747 |
Iceberg |
NFGC-23-1879 |
120 |
-54 |
129 |
658426 |
5427879 |
Iceberg |
NFGC-23-1887 |
119 |
-46.5 |
188 |
658382 |
5427902 |
Iceberg |
NFGC-23-1895 |
119 |
-46 |
173 |
658398 |
5427920 |
Iceberg |
NFGC-23-1902 |
173 |
-65 |
107 |
658310 |
5427784 |
Iceberg |
NFGC-23-1912 |
355 |
-45 |
62 |
658533 |
5427896 |
Iceberg |
NFGC-23-1914 |
16 |
-45 |
86 |
658534 |
5427895 |
Iceberg |
NFGC-23-1915 |
140 |
-56 |
101 |
658292 |
5427767 |
Iceberg |
NFGC-23-1920 |
280 |
-51 |
83 |
658602 |
5427964 |
Iceberg East |
NFGC-23-1922 |
167 |
-63 |
113 |
658292 |
5427767 |
Iceberg |
NFGC-23-1924 |
130 |
-45 |
92 |
658279 |
5427745 |
Iceberg |
NFGC-23-1925 |
335 |
-60 |
65 |
658603 |
5427965 |
Iceberg East |
NFGC-23-1928 |
7 |
-65 |
74 |
658615 |
5427987 |
Iceberg East |
NFGC-23-1932 |
280 |
-45 |
89 |
658685 |
5428004 |
Iceberg East |
NFGC-23-1938 |
299 |
-45 |
161 |
658318 |
5427723 |
Iceberg |
NFGC-23-1950 |
300 |
-50 |
50 |
658681 |
5428035 |
Iceberg East |
NFGC-23-1952 |
300 |
-45 |
50 |
658725 |
5428067 |
Iceberg East |
NFGC-23-1956 |
299 |
-45 |
221 |
658339 |
5427711 |
Iceberg |
NFGC-23-1957A |
300 |
-45 |
47 |
658768 |
5428095 |
Iceberg East |
NFGC-23-1966 |
120 |
-45 |
191 |
658262 |
5427886 |
Iceberg |
NFGC-23-1970 |
121 |
-55 |
215 |
658262 |
5427886 |
Iceberg |
NFGC-23-1977 |
120 |
-45 |
212 |
658255 |
5427861 |
Iceberg |
Table 3: Details of drill holes reported in this press release
Queensway 650,000m Drill Program Update
The Company is currently undertaking a 650,000m drill program at Queensway and approximately 4,500m of core is currently pending assay results.
Sampling, Sub-sampling, and Laboratory
All drilling recovers HQ core. Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.
A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.
Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.
New Found has submitted samples for gold determination by fire assay to
Drill core samples are shipped to ALS for sample preparation in
Drill core samples are also submitted to MSA in Val-d’Or,
At ALS, the entire sample is crushed to approximately 70% passing 2mm. A 3,000-g split is pulverized. “Routine” samples do not have visible gold (VG) identified and are not within a mineralized zone. Routine samples are assayed for gold by 30-g fire assay with an inductively-couple plasma spectrometry (ICP) finish. If the initial 30-g fire assay gold result is over 1 g/t, the remainder of the 3,000-g split is screened at 106 microns for screened metallics assay. For the screened metallics assay, the entire coarse fraction (sized greater than 106 microns) is fire assayed and two splits of the fine fraction (sized less than 106 microns) are fire assayed. The three assays are combined on a weight-averaged basis. Samples that have VG identified or fall within a mineralized interval are automatically submitted for screened metallic assay for gold.
At MSA, the entire sample is crushed to approximately 70% passing 2mm. For “routine” samples that do not have VG identified and are not within a mineralized zone, the samples are riffle split to fill one 450g jar for photon assay. If the jar assays greater than 1 g/t, the remaining crushed material is weighed into multiple jars and are submitted for photon assay.
For samples that have VG identified or are within a mineralized zone, the entire crushed sample is weighed into multiple jars and are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.
All samples prepared at ALS or MSA are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver.
Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs.
Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found’s quality control protocols.
New Found’s quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays.
The Company does not recognize any factors of drilling, sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed.
The assay data disclosed in this press release have been verified by the Company’s Qualified Person against the original assay certificates.
The Company notes that it has not completed any economic evaluations of its
Qualified Person
The scientific and technical information disclosed in this press release was reviewed and approved by
About
New Found holds a 100% interest in the
Please see the Company’s website at www.newfoundgold.ca and the Company’s SEDAR+ profile at www.sedarplus.ca.
Acknowledgements
New Found acknowledges the financial support of the
Contact
To contact the Company, please visit the Company’s website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.
Neither the
Forward-Looking Statement Cautions
This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, relating to exploration, drilling and mineralization on the Company’s Queensway gold project in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240313762569/en/
Per: “Collin Kettell”
Email: ckettell@newfoundgold.ca
Phone: +1 (845) 535-1486
Source: