New Found Identifies Continuation of the Keats-Baseline Fault Zone With 187 g/t Au Over 2.55m at “Iceberg Alley”
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Figure 1: Photos of mineralization from Left: at ~97.6m in NFGC-23-1730, Right: at 59.0m in NFGC-23-1941, Bottom Left: at ~63.3m in NFGC-23-1967, Bottom Right: at ~15.3m in NFGC-22-914 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-22-914, NFGC-23-1730, NFGC-23-1941, and NFGC-23-1967. (Photo: Business Wire)
Iceberg Alley Highlights:
Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Zone |
|||||
NFGC-23-19271 |
90.50 |
93.00 |
2.50 |
28.95 |
|
|||||
Including |
90.50 |
91.45 |
0.95 |
42.20 |
||||||
Including |
91.80 |
92.10 |
0.30 |
105.00 |
||||||
NFGC-23-19361 |
48.95 |
52.65 |
3.70 |
6.04 |
|
|||||
Including |
48.95 |
49.45 |
0.50 |
10.51 |
||||||
Including |
52.00 |
52.65 |
0.65 |
21.51 |
||||||
NFGC-23-19411 |
58.20 |
60.75 |
2.55 |
186.71 |
|
|||||
Including |
58.80 |
59.55 |
0.75 |
632.42 |
||||||
NFGC-23-19721 |
60.40 |
63.70 |
3.30 |
9.51 |
|
|||||
Including |
61.55 |
62.05 |
0.50 |
14.80 |
||||||
Including |
63.25 |
63.70 |
0.45 |
50.80 |
||||||
NFGC-24-20352 |
150.90 |
152.90 |
2.00 |
12.46 |
|
|||||
Including |
150.90 |
151.45 |
0.55 |
25.89 |
||||||
Including |
152.10 |
152.90 |
0.80 |
10.62 |
Table 1: Iceberg Alley Drilling Highlights
Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be 170% to 95% and 240% to 70%. 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.
-
The highlight interval of 187 g/t Au over 2.55m in NFGC-23-1941 is part of a newly discovered zone called
Iceberg Alley that was intersected as part of a targeted program to follow the eastern continuation of the Keats-Iceberg-Iceberg East corridor along the high-grade KBFZ. Based on the fault characteristics observed atIceberg Alley , as well as the zone’s orientation, intensity, and width of the damage zone, the Company’s preliminary interpretation indicates that it is another displaced segment of the KBFZ, in a northward direction. - Additional highlights from immediate follow-up drilling include 29.0 g/t Au over 2.50m in NFGC-23-1927, 9.51 g/t Au over 3.30m in NFGC-24-1972, and 12.5 g/t Au over 2.00m in NFGC-24-2035.
-
These intervals currently define a high-grade domain that spans 30m wide by 60m deep, starting close to surface. Follow-up drilling is planned at
Iceberg Alley to follow this structure along strike to the east.
Keats Highlights:
Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Zone |
|||||
NFGC-22-8861 |
192.15 |
194.20 |
2.05 |
23.82 |
Keats FW |
|||||
Including |
192.55 |
193.35 |
0.80 |
60.95 |
||||||
NFGC-22-8991 |
47.60 |
49.90 |
2.30 |
10.49 |
|
|||||
Including |
47.60 |
48.05 |
0.45 |
38.94 |
||||||
NFGC-22-9141 |
11.85 |
26.15 |
14.30 |
1.71 |
|
|||||
Including |
12.15 |
12.60 |
0.45 |
15.65 |
||||||
And4 |
578.25 |
584.00 |
5.75 |
7.85 |
Keats FW |
|||||
Including |
582.35 |
584.00 |
1.65 |
25.34 |
||||||
NFGC-22-9341 |
46.70 |
49.00 |
2.30 |
10.98 |
|
|||||
Including |
46.70 |
47.35 |
0.65 |
37.63 |
||||||
NFGC-23-14872 |
13.95 |
25.25 |
11.30 |
1.15 |
Keats N |
|||||
NFGC-23-17301 |
96.35 |
98.65 |
2.30 |
31.89 |
Keats N |
|||||
Including |
97.00 |
97.65 |
0.65 |
112.50 |
||||||
NFGC-23-17772 |
107.00 |
109.00 |
2.00 |
15.87 |
Keats FW |
|||||
Including |
108.00 |
109.00 |
1.00 |
31.40 |
||||||
NFGC-23-17934 |
85.30 |
87.55 |
2.25 |
12.52 |
Keats FW |
|||||
Including |
85.30 |
85.80 |
0.50 |
56.30 |
||||||
NFGC-23-18592 |
121.35 |
131.05 |
9.70 |
2.77 |
Keats N |
|||||
Including |
129.40 |
130.40 |
1.00 |
11.00 |
||||||
NFGC-23-18621 |
58.85 |
68.95 |
10.10 |
4.09 |
|
|||||
Including3 |
67.15 |
67.90 |
0.75 |
33.60 |
||||||
NFGC-23-19672 |
61.45 |
65.00 |
3.55 |
34.40 |
Keats FW |
|||||
Including |
63.25 |
64.05 |
0.80 |
148.96 |
Table 2: Keats Drilling Highlights
Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be 170% to 95%, 240% to 70%, and 310% to 40%. 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.
-
At Keats, all results have now been received from a shallow step-out program that utilized a barge-mounted drill situated on
South Hermans Pond . This program was designed to test the shallow continuation of the KBFZ that was inaccessible from land. Today’s results confirm the near-surface continuation of theKeats Main Zone , a gold-mineralized segment of the KBFZ that has a strike length of 575m and starts at surface. -
Highlights from the barge program include 34.4 g/t Au over 3.55m in NFGC-23-1967 which is hosted by the East-West Vein, a known high-grade vein that was exposed by the Keats Trench and found to contain a high concentration of coarse gold (
November 17, 2023 ). This interval is 275m along strike, west of the exposed segment in the trench. -
Drilling from both the barge and from on-land extensions of drill holes originally targeting the
Keats Main Zone expanded on a series of mineralized structures located between theKeats Main Zone and the AFZ. Within this domain of rock, there are several lower-grade structures that trend parallel to the AFZ but also contain domains of localized high-grade gold. Example highlight intervals include 1.71 g/t Au over 14.30m in NFGC-22-914 located ~350m down-dip of NFGC-22-825, containing 20.8 g/t Au over 2.00m and 11.6 g/t Au over 2.55m (December 5, 2022 ). NFGC-23-1777 located a further 155m along strike to the southwest graded 15.9 g/t Au over 2.00m. This area of mineralization immediately east of the AFZ remains poorly tested at depth and will be a focus of future deep drilling efforts.
“Meanwhile, at Keats, we have now received all of the results from the barge program and we are pleased with the outcome, adding critical information and delineating the up-dip extent of mineralization associated with the
Drillhole Details |
||||||||||
Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Zone |
|||||
NFGC-21-842* |
87.00 |
89.25 |
2.25 |
1.15 |
|
|||||
And1* |
101.40 |
106.50 |
5.10 |
1.17 |
||||||
And1* |
155.00 |
157.15 |
2.15 |
1.12 |
Keats FW |
|||||
And2 |
264.35 |
270.15 |
5.80 |
3.86 |
Keats N |
|||||
Including |
264.35 |
264.85 |
0.50 |
30.36 |
||||||
NFGC-21-1041* |
214.50 |
225.90 |
11.40 |
29.11 |
|
|||||
Including* |
214.50 |
215.10 |
0.60 |
89.40 |
||||||
Including* |
216.00 |
217.10 |
1.10 |
236.21 |
||||||
And2 |
253.80 |
256.40 |
2.60 |
2.40 |
Keats FW |
|||||
And4 |
347.45 |
354.95 |
7.50 |
1.65 |
||||||
And4 |
390.05 |
392.60 |
2.55 |
1.50 |
||||||
And4 |
445.45 |
447.55 |
2.10 |
3.66 |
||||||
NFGC-21-3241* |
96.20 |
99.45 |
3.25 |
2.14 |
|
|||||
And1* |
103.00 |
105.00 |
2.00 |
1.34 |
||||||
And1* |
115.70 |
119.20 |
3.50 |
2.48 |
||||||
Including* |
115.70 |
117.90 |
2.20 |
3.35 |
||||||
And4* |
314.90 |
317.30 |
2.40 |
9.68 |
Keats FW |
|||||
Including* |
315.90 |
316.40 |
0.50 |
46.35 |
||||||
And4* |
329.90 |
333.30 |
3.40 |
1.57 |
||||||
And4* |
336.20 |
340.55 |
4.35 |
1.31 |
||||||
And4* |
344.15 |
346.70 |
2.55 |
2.18 |
||||||
And4* |
352.00 |
354.70 |
2.70 |
3.23 |
||||||
And4 |
370.65 |
372.70 |
2.05 |
2.41 |
||||||
NFGC-21-410B1* |
139.65 |
142.00 |
2.35 |
1.18 |
|
|||||
And1* |
174.20 |
176.50 |
2.30 |
1.81 |
||||||
And4 |
407.00 |
409.45 |
2.45 |
1.01 |
Keats FW |
|||||
NFGC-22-8292 |
18.00 |
21.40 |
3.40 |
1.58 |
Keats N |
|||||
And2 |
237.65 |
240.15 |
2.50 |
1.03 |
||||||
NFGC-22-8383 |
26.85 |
28.85 |
2.00 |
1.12 |
Keats N |
|||||
NFGC-22-862 |
No Significant Values |
|
||||||||
NFGC-22-8694 |
644.00 |
648.30 |
4.30 |
1.06 |
|
|||||
And2 |
703.00 |
705.00 |
2.00 |
1.17 |
||||||
And4 |
741.00 |
743.00 |
2.00 |
3.55 |
||||||
NFGC-22-8781 |
126.00 |
128.00 |
2.00 |
1.37 |
|
|||||
And4 |
292.00 |
294.00 |
2.00 |
2.08 |
||||||
NFGC-22-8861 |
192.15 |
194.20 |
2.05 |
23.82 |
Keats FW |
|||||
Including |
192.55 |
193.35 |
0.80 |
60.95 |
||||||
And1 |
262.90 |
265.00 |
2.10 |
1.10 |
||||||
And1 |
302.00 |
304.00 |
2.00 |
1.88 |
||||||
NFGC-22-8871 |
59.30 |
63.60 |
4.30 |
6.28 |
|
|||||
Including |
59.30 |
60.30 |
1.00 |
14.35 |
||||||
Including |
62.45 |
62.95 |
0.50 |
10.36 |
||||||
And1 |
159.80 |
162.00 |
2.20 |
2.43 |
||||||
And4 |
216.00 |
218.00 |
2.00 |
2.11 |
Keats FW |
|||||
NFGC-22-8894 |
453.80 |
456.20 |
2.40 |
1.95 |
Keats HW |
|||||
And4 |
625.60 |
627.80 |
2.20 |
1.91 |
|
|||||
NFGC-22-8903 |
15.00 |
17.00 |
2.00 |
1.59 |
Keats FW |
|||||
And3 |
51.00 |
53.00 |
2.00 |
1.60 |
||||||
And4 |
171.00 |
174.00 |
3.00 |
2.36 |
||||||
And4 |
190.00 |
192.00 |
2.00 |
8.77 |
||||||
NFGC-22-8991 |
47.60 |
49.90 |
2.30 |
10.49 |
|
|||||
Including |
47.60 |
48.05 |
0.45 |
38.94 |
||||||
And3 |
72.50 |
77.00 |
4.50 |
2.80 |
||||||
And3 |
91.00 |
93.00 |
2.00 |
1.71 |
||||||
And2 |
105.00 |
107.00 |
2.00 |
1.06 |
||||||
NFGC-22-9031 |
132.75 |
135.00 |
2.25 |
1.15 |
Keats S |
|||||
NFGC-22-9141 |
11.85 |
26.15 |
14.30 |
1.71 |
|
|||||
Including |
12.15 |
12.60 |
0.45 |
15.65 |
||||||
And4 |
293.80 |
296.20 |
2.40 |
1.40 |
Keats FW |
|||||
And4 |
578.25 |
584.00 |
5.75 |
7.85 |
||||||
Including |
582.35 |
584.00 |
1.65 |
25.34 |
||||||
And4 |
597.75 |
600.80 |
3.05 |
1.00 |
||||||
NFGC-22-9164 |
44.00 |
46.65 |
2.65 |
6.03 |
|
|||||
Including |
46.00 |
46.65 |
0.65 |
24.34 |
||||||
And1 |
55.35 |
57.40 |
2.05 |
1.23 |
||||||
NFGC-22-9341 |
46.70 |
49.00 |
2.30 |
10.98 |
|
|||||
Including |
46.70 |
47.35 |
0.65 |
37.63 |
||||||
And1 |
53.75 |
59.80 |
6.05 |
1.17 |
||||||
And2 |
73.85 |
77.00 |
3.15 |
1.44 |
||||||
NFGC-22-991 |
No Significant Values |
Keats N |
||||||||
NFGC-22-10684 |
234.50 |
237.00 |
2.50 |
1.16 |
|
|||||
And4 |
249.10 |
251.55 |
2.45 |
4.56 |
||||||
Including |
249.10 |
250.00 |
0.90 |
11.68 |
||||||
NFGC-23-10991 |
78.70 |
80.80 |
2.10 |
1.21 |
421 |
|||||
And1 |
88.50 |
90.55 |
2.05 |
2.29 |
||||||
NFGC-23-11401 |
89.75 |
92.00 |
2.25 |
1.61 |
421 |
|||||
NFGC-23-1457 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1474 |
No Significant Values |
Keats N |
||||||||
NFGC-23-14792 |
16.10 |
20.30 |
4.20 |
1.04 |
Keats N |
|||||
And2 |
28.55 |
33.15 |
4.60 |
1.12 |
||||||
And3 |
56.65 |
60.00 |
3.35 |
5.62 |
||||||
Including |
57.65 |
58.40 |
0.75 |
11.33 |
||||||
NFGC-23-14872 |
13.95 |
25.25 |
11.30 |
1.15 |
Keats N |
|||||
And3 |
47.20 |
49.50 |
2.30 |
1.51 |
||||||
NFGC-23-15021 |
25.45 |
28.00 |
2.55 |
1.17 |
Keats N |
|||||
NFGC-23-1504 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1510 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1513 |
No Significant Values |
421 |
||||||||
NFGC-23-1527 |
No Significant Values |
421 |
||||||||
NFGC-23-1547 |
No Significant Values |
421 |
||||||||
NFGC-23-15561 |
60.00 |
62.25 |
2.25 |
2.34 |
421 |
|||||
NFGC-23-1560 |
No Significant Values |
421 |
||||||||
NFGC-23-1565 |
No Significant Values |
421 |
||||||||
NFGC-23-1638 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1643 |
No Significant Values |
Keats N |
||||||||
NFGC-23-16521 |
80.15 |
82.20 |
2.05 |
1.07 |
Keats N |
|||||
NFGC-23-1665 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1672 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1674 |
No Significant Values |
Keats N |
||||||||
NFGC-23-16791 |
133.30 |
135.85 |
2.55 |
3.01 |
Keats N |
|||||
NFGC-23-16851 |
113.00 |
115.30 |
2.30 |
1.36 |
Keats N |
|||||
And1 |
138.50 |
140.70 |
2.20 |
1.66 |
||||||
NFGC-23-1692 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1695 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1699 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1702 |
No Significant Values |
Keats N |
||||||||
NFGC-23-17111 |
172.80 |
175.30 |
2.50 |
4.48 |
Keats N |
|||||
Including |
173.70 |
174.35 |
0.65 |
15.00 |
||||||
NFGC-23-17171 |
132.10 |
134.85 |
2.75 |
4.54 |
Keats N |
|||||
Including |
134.00 |
134.85 |
0.85 |
11.81 |
||||||
NFGC-23-1723 |
No Significant Values |
Keats N |
||||||||
NFGC-23-17301 |
75.15 |
78.05 |
2.90 |
1.03 |
Keats N |
|||||
And1 |
96.35 |
98.65 |
2.30 |
31.89 |
||||||
Including |
97.00 |
97.65 |
0.65 |
112.50 |
||||||
NFGC-23-17371 |
102.50 |
105.00 |
2.50 |
2.05 |
Keats N |
|||||
NFGC-23-1739 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1749 |
No Significant Values |
Keats N |
||||||||
NFGC-23-17533 |
48.60 |
51.40 |
2.80 |
1.03 |
Keats FW |
|||||
And2 |
95.10 |
101.35 |
6.25 |
1.25 |
||||||
NFGC-23-17601 |
59.35 |
61.50 |
2.15 |
1.00 |
Keats FW |
|||||
NFGC-23-1767 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1770 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1774 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-17772 |
65.90 |
68.25 |
2.35 |
6.01 |
Keats FW |
|||||
Including |
65.90 |
66.65 |
0.75 |
18.10 |
||||||
And2 |
96.00 |
98.00 |
2.00 |
1.69 |
||||||
And2 |
107.00 |
109.00 |
2.00 |
15.87 |
||||||
Including |
108.00 |
109.00 |
1.00 |
31.40 |
||||||
And2 |
137.15 |
140.90 |
3.75 |
1.19 |
||||||
NFGC-23-17821 |
94.25 |
96.40 |
2.15 |
1.88 |
Keats FW |
|||||
NFGC-23-17871 |
81.70 |
83.70 |
2.00 |
1.17 |
Keats N |
|||||
And2 |
103.60 |
105.80 |
2.20 |
1.08 |
||||||
And1 |
113.00 |
116.80 |
3.80 |
1.23 |
||||||
NFGC-23-17934 |
85.30 |
87.55 |
2.25 |
12.52 |
Keats FW |
|||||
Including |
85.30 |
85.80 |
0.50 |
56.30 |
||||||
And4 |
174.90 |
179.00 |
4.10 |
1.46 |
||||||
NFGC-23-1795 |
No Significant Values |
Keats N |
||||||||
NFGC-23-17981 |
94.20 |
96.75 |
2.55 |
1.25 |
Keats N |
|||||
NFGC-23-1804 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1808 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1815 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-18193 |
57.85 |
62.95 |
5.10 |
2.00 |
|
|||||
And3 |
93.75 |
95.75 |
2.00 |
2.11 |
||||||
NFGC-23-1824 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1825 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1830 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1831 |
No Significant Values |
Keats HW |
||||||||
NFGC-23-1834 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1839 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-1840 |
No Significant Values |
Keats HW |
||||||||
NFGC-23-1845 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-18492 |
29.60 |
31.70 |
2.10 |
6.11 |
|
|||||
Including |
31.00 |
31.70 |
0.70 |
16.56 |
||||||
NFGC-23-1850 |
No Significant Values |
421 |
||||||||
NFGC-23-18512 |
21.00 |
23.50 |
2.50 |
1.04 |
Keats N |
|||||
NFGC-23-1854 |
No Significant Values |
|
||||||||
NFGC-23-1856 |
No Significant Values |
421 |
||||||||
NFGC-23-18572 |
11.40 |
14.30 |
2.90 |
1.07 |
|
|||||
And2 |
18.50 |
20.80 |
2.30 |
1.21 |
||||||
NFGC-23-18592 |
121.35 |
131.05 |
9.70 |
2.77 |
Keats N |
|||||
Including |
129.40 |
130.40 |
1.00 |
11.00 |
||||||
NFGC-23-18623 |
11.50 |
13.85 |
2.35 |
1.03 |
|
|||||
And1 |
58.85 |
68.95 |
10.10 |
4.09 |
||||||
Including |
67.15 |
67.90 |
0.75 |
33.60 |
||||||
And1 |
78.15 |
80.95 |
2.80 |
1.87 |
||||||
NFGC-23-1863 |
No Significant Values |
Keats S |
||||||||
NFGC-23-18674 |
26.90 |
29.40 |
2.50 |
1.40 |
|
|||||
And2 |
35.60 |
40.40 |
4.80 |
1.35 |
||||||
And1 |
99.10 |
101.65 |
2.55 |
1.78 |
||||||
NFGC-23-18753 |
30.85 |
33.10 |
2.25 |
1.12 |
|
|||||
NFGC-23-1878 |
No Significant Values |
421 |
||||||||
NFGC-23-18824 |
153.55 |
155.90 |
2.35 |
1.84 |
Keats FW |
|||||
NFGC-23-18921 |
77.55 |
80.50 |
2.95 |
1.80 |
Keats N |
|||||
NFGC-23-1896 |
No Significant Values |
Keats N |
||||||||
NFGC-23-19011 |
37.85 |
39.85 |
2.00 |
4.14 |
Keats N |
|||||
NFGC-23-19062 |
27.80 |
30.00 |
2.20 |
1.16 |
Keats FW |
|||||
NFGC-23-1907 |
No Significant Values |
Keats N |
||||||||
NFGC-23-1911 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-19163 |
69.65 |
74.25 |
4.60 |
1.01 |
|
|||||
NFGC-23-19231 |
62.40 |
70.00 |
7.60 |
1.68 |
|
|||||
Including |
67.40 |
68.00 |
0.60 |
10.50 |
||||||
And1 |
83.00 |
89.25 |
6.25 |
1.98 |
||||||
Including |
83.00 |
83.50 |
0.50 |
14.95 |
||||||
NFGC-23-19294 |
26.75 |
30.55 |
3.80 |
1.70 |
Keats N |
|||||
NFGC-23-1930 |
No Significant Values |
|
||||||||
NFGC-23-19341 |
76.35 |
79.10 |
2.75 |
1.43 |
|
|||||
And2 |
100.95 |
104.15 |
3.20 |
1.77 |
||||||
NFGC-23-19372 |
88.60 |
90.60 |
2.00 |
1.14 |
|
|||||
NFGC-23-19441 |
39.90 |
41.95 |
2.05 |
1.25 |
|
|||||
And1 |
44.80 |
47.40 |
2.60 |
1.25 |
||||||
NFGC-23-1947 |
No Significant Values |
Keats N |
||||||||
NFGC-23-19493 |
60.00 |
62.50 |
2.50 |
1.62 |
Keats FW |
|||||
NFGC-23-1953 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-19583 |
61.85 |
64.00 |
2.15 |
1.16 |
|
|||||
And3 |
77.55 |
81.20 |
3.65 |
2.92 |
||||||
Including |
80.45 |
81.20 |
0.75 |
10.40 |
||||||
NFGC-23-1961 |
No Significant Values |
Keats FW |
||||||||
NFGC-23-19672 |
61.45 |
65.00 |
3.55 |
34.40 |
Keats FW |
|||||
Including |
63.25 |
64.05 |
0.80 |
148.96 |
||||||
NFGC-23-19694 |
23.00 |
25.75 |
2.75 |
1.44 |
Keats FW |
|||||
NFGC-23-19744 |
42.10 |
45.40 |
3.30 |
1.88 |
Keats FW |
|||||
NFGC-23-19783 |
42.75 |
45.65 |
2.90 |
1.07 |
Keats N |
|||||
And3 |
73.50 |
77.45 |
3.95 |
1.09 |
||||||
And1 |
123.65 |
126.65 |
3.00 |
1.31 |
||||||
NFGC-23-19842 |
41.25 |
44.65 |
3.40 |
2.10 |
Keats N |
|||||
NFGC-23-19892 |
56.60 |
63.40 |
6.80 |
1.20 |
Keats N |
|||||
NFGC-23-14224 |
75.25 |
77.30 |
2.05 |
2.37 |
Road |
|||||
NFGC-23-18971 |
149.50 |
152.00 |
2.50 |
1.80 |
|
|||||
NFGC-23-1905 |
No Significant Values |
|
||||||||
NFGC-23-19101 |
58.75 |
60.75 |
2.00 |
17.68 |
|
|||||
NFGC-23-1917 |
No Significant Values |
|
||||||||
NFGC-23-19271 |
90.50 |
93.00 |
2.50 |
28.95 |
|
|||||
Including |
90.50 |
91.45 |
0.95 |
42.20 |
||||||
Including |
91.80 |
92.10 |
0.30 |
105.00 |
||||||
NFGC-23-19331 |
98.30 |
101.15 |
2.85 |
1.14 |
|
|||||
NFGC-23-19361 |
48.95 |
52.65 |
3.70 |
6.04 |
|
|||||
Including |
48.95 |
49.45 |
0.50 |
10.51 |
||||||
Including |
52.00 |
52.65 |
0.65 |
21.51 |
||||||
NFGC-23-19411 |
58.20 |
60.75 |
2.55 |
186.71 |
|
|||||
Including |
58.80 |
59.55 |
0.75 |
632.42 |
|
|||||
NFGC-23-1948 |
No Significant Values |
|
||||||||
NFGC-23-1954 |
No Significant Values |
|
||||||||
NFGC-23-1959 |
No Significant Values |
|
||||||||
NFGC-23-1963 |
No Significant Values |
|
||||||||
NFGC-23-19721 |
60.40 |
63.70 |
3.30 |
9.51 |
|
|||||
Including |
61.55 |
62.05 |
0.50 |
14.80 |
||||||
Including |
63.25 |
63.70 |
0.45 |
50.80 |
||||||
NFGC-23-19761 |
60.45 |
62.55 |
2.10 |
3.58 |
|
|||||
Including |
60.45 |
60.80 |
0.35 |
18.65 |
||||||
NFGC-23-19801 |
72.20 |
74.40 |
2.20 |
2.96 |
|
|||||
NFGC-23-1983 |
No Significant Values |
|
||||||||
NFGC-23-1988 |
No Significant Values |
|
||||||||
NFGC-23-1991 |
No Significant Values |
|
||||||||
NFGC-23-1994 |
No Significant Values |
|
||||||||
NFGC-23-1995 |
No Significant Values |
|
||||||||
NFGC-23-1998 |
No Significant Values |
|
||||||||
NFGC-23-2001 |
No Significant Values |
|
||||||||
NFGC-23-2005 |
No Significant Values |
|
||||||||
NFGC-24-2006 |
No Significant Values |
|
||||||||
NFGC-24-20121 |
106.25 |
108.65 |
2.40 |
1.37 |
|
|||||
NFGC-24-2016 |
No Significant Values |
|
||||||||
NFGC-24-2022 |
No Significant Values |
|
||||||||
NFGC-24-2023 |
No Significant Values |
|
||||||||
NFGC-24-2032 |
No Significant Values |
|
||||||||
NFGC-24-20352 |
150.90 |
152.90 |
2.00 |
12.46 |
|
|||||
Including |
150.90 |
151.45 |
0.55 |
25.89 |
||||||
Including |
152.10 |
152.90 |
0.80 |
10.62 |
||||||
NFGC-24-2040 |
No Significant Values |
|
||||||||
NFGC-24-2044 |
No Significant Values |
|
||||||||
NFGC-24-2046 |
No Significant Values |
|
||||||||
NFGC-24-2052 |
No Significant Values |
|
||||||||
NFGC-24-2054 |
No Significant Values |
Road |
||||||||
NFGC-24-2065 |
No Significant Values |
|
||||||||
NFGC-24-20754 |
125.55 |
129.25 |
3.70 |
2.45 |
|
|||||
And4 |
135.50 |
137.50 |
2.00 |
1.33 |
||||||
And4 |
146.25 |
148.65 |
2.40 |
1.39 |
Table 3: Summary of composite results reported in this press release for Keats and
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. *Previously reported interval.
Hole No. |
Dip (°) |
Azimuth (°) |
Length (m) |
UTM E |
UTM N |
Prospect |
||||||
NFGC-21-104 |
-45 |
300 |
471 |
658208 |
5427295 |
Keats |
||||||
NFGC-21-324 |
-45.5 |
299 |
515 |
658067 |
5427348 |
Keats |
||||||
NFGC-21-410B |
-46.5 |
297 |
542 |
658075 |
5427285 |
Keats |
||||||
NFGC-21-84 |
-45 |
300 |
362 |
658253 |
5427490 |
Keats |
||||||
NFGC-22-1068 |
-90 |
0 |
296 |
658058 |
5427279 |
Keats |
||||||
NFGC-22-829 |
-45 |
300 |
299 |
658311 |
5427813 |
|
||||||
NFGC-22-838 |
-45 |
300 |
440 |
658150 |
5427590 |
|
||||||
NFGC-22-862 |
-45 |
297 |
407 |
657800 |
5426839 |
Keats South |
||||||
NFGC-22-869 |
-47 |
338 |
836 |
657845 |
5426815 |
Keats South |
||||||
NFGC-22-878 |
-45 |
300 |
387 |
657844 |
5426936 |
Keats South |
||||||
NFGC-22-886 |
-49 |
132 |
417 |
657887 |
5427612 |
Keats |
||||||
NFGC-22-887 |
-57 |
10 |
228 |
657913 |
5427243 |
Keats |
||||||
NFGC-22-889 |
-46 |
297 |
881 |
657842 |
5426410 |
Keats South |
||||||
NFGC-22-890 |
-45 |
300 |
482 |
658151 |
5427559 |
Keats |
||||||
NFGC-22-899 |
-45 |
345 |
150 |
657912 |
5427244 |
Keats |
||||||
NFGC-22-903 |
-79 |
305 |
821 |
657801 |
5426839 |
Keats South |
||||||
NFGC-22-914 |
-45 |
300 |
614 |
658199 |
5427532 |
Keats |
||||||
NFGC-22-916 |
-56 |
350 |
240 |
657895 |
5427200 |
Keats |
||||||
NFGC-22-934 |
-45 |
275 |
144 |
657894 |
5427200 |
Keats |
||||||
NFGC-22-991 |
-45 |
300 |
581 |
658480 |
5428005 |
|
||||||
NFGC-23-1099 |
-53 |
329 |
152 |
657756 |
5426958 |
Keats South |
||||||
NFGC-23-1140 |
-45 |
300 |
188 |
657790 |
5427056 |
Keats South |
||||||
NFGC-23-1422 |
-45 |
334 |
101 |
658980 |
5428285 |
Road |
||||||
NFGC-23-1457 |
-45 |
32 |
48 |
658127 |
5427603 |
|
||||||
NFGC-23-1474 |
-45 |
90 |
47 |
658129 |
5427602 |
|
||||||
NFGC-23-1479 |
-78 |
355 |
95 |
658115 |
5427580 |
|
||||||
NFGC-23-1487 |
-68 |
18 |
74 |
658114 |
5427581 |
|
||||||
NFGC-23-1502 |
-76 |
68 |
62 |
658115 |
5427581 |
|
||||||
NFGC-23-1504 |
-53 |
82 |
71 |
658115 |
5427581 |
|
||||||
NFGC-23-1510 |
-62 |
127 |
74 |
658116 |
5427580 |
|
||||||
NFGC-23-1513 |
-48 |
60 |
200 |
657889 |
5427018 |
Keats South |
||||||
NFGC-23-1527 |
-45 |
70 |
113 |
657884 |
5426987 |
Keats South |
||||||
NFGC-23-1547 |
-49 |
61 |
137 |
657823 |
5426971 |
Keats South |
||||||
NFGC-23-1556 |
-45 |
70 |
101 |
657917 |
5426947 |
Keats South |
||||||
NFGC-23-1560 |
-50 |
64 |
176 |
657891 |
5426900 |
Keats South |
||||||
NFGC-23-1565 |
-45 |
51 |
212 |
657846 |
5426814 |
Keats South |
||||||
NFGC-23-1638 |
-45 |
120 |
74 |
658100 |
5427681 |
Keats |
||||||
NFGC-23-1643 |
-67 |
120 |
89 |
658100 |
5427681 |
|
||||||
NFGC-23-1652 |
-45 |
120 |
203 |
658117 |
5427710 |
|
||||||
NFGC-23-1665 |
-65 |
120 |
80 |
658117 |
5427710 |
|
||||||
NFGC-23-1672 |
-45.5 |
119 |
128 |
658061 |
5427713 |
|
||||||
NFGC-23-1674 |
-56 |
119 |
152 |
658060 |
5427713 |
|
||||||
NFGC-23-1679 |
-70 |
119 |
182 |
658060 |
5427713 |
|
||||||
NFGC-23-1685 |
-45.5 |
119 |
179 |
658069 |
5427679 |
|
||||||
NFGC-23-1692 |
-60 |
120 |
155 |
658069 |
5427680 |
|
||||||
NFGC-23-1695 |
-45.5 |
120 |
128 |
658055 |
5427663 |
|
||||||
NFGC-23-1699 |
-58 |
120 |
143 |
658055 |
5427663 |
|
||||||
NFGC-23-1702 |
-45 |
120 |
158 |
658020 |
5427649 |
|
||||||
NFGC-23-1711 |
-60 |
88 |
185 |
658023 |
5427647 |
|
||||||
NFGC-23-1717 |
-45 |
120 |
182 |
658009 |
5427627 |
|
||||||
NFGC-23-1723 |
-65 |
120 |
155 |
658009 |
5427627 |
|
||||||
NFGC-23-1730 |
-45 |
100 |
149 |
658034 |
5427584 |
|
||||||
NFGC-23-1737 |
-45.5 |
165 |
122 |
658042 |
5427585 |
|
||||||
NFGC-23-1739 |
-45.5 |
120 |
176 |
657984 |
5427581 |
|
||||||
NFGC-23-1749 |
-67 |
120 |
140 |
657984 |
5427581 |
|
||||||
NFGC-23-1753 |
-83 |
120 |
125 |
657984 |
5427581 |
|
||||||
NFGC-23-1760 |
-45 |
120 |
125 |
657954 |
5427540 |
Keats |
||||||
NFGC-23-1767 |
-80 |
120 |
131 |
657956 |
5427540 |
Keats |
||||||
NFGC-23-1770 |
-45 |
75 |
83 |
657993 |
5427517 |
Keats |
||||||
NFGC-23-1774 |
-45 |
68 |
83 |
657990 |
5427527 |
Keats |
||||||
NFGC-23-1777 |
-80 |
120 |
185 |
657929 |
5427517 |
Keats |
||||||
NFGC-23-1782 |
-45 |
120 |
128 |
657929 |
5427516 |
Keats |
||||||
NFGC-23-1787 |
-45 |
120 |
140 |
657998 |
5427523 |
Keats |
||||||
NFGC-23-1793 |
-68 |
155 |
182 |
657998 |
5427527 |
Keats |
||||||
NFGC-23-1795 |
-62 |
120 |
219 |
658287 |
5427901 |
|
||||||
NFGC-23-1798 |
-54 |
155 |
110 |
658036 |
5427582 |
|
||||||
NFGC-23-1804 |
-47 |
120 |
137 |
658034 |
5427584 |
|
||||||
NFGC-23-1808 |
-54 |
105 |
137 |
658032 |
5427584 |
|
||||||
NFGC-23-1815 |
-45 |
65 |
50 |
657877 |
5427296 |
Keats |
||||||
NFGC-23-1819 |
-48 |
44 |
110 |
657861 |
5427280 |
Keats |
||||||
NFGC-23-1824 |
-54 |
7 |
69 |
657862 |
5427275 |
Keats |
||||||
NFGC-23-1825 |
-45 |
300 |
122 |
657854 |
5427278 |
Keats |
||||||
NFGC-23-1830 |
-46 |
274 |
137 |
657857 |
5427279 |
Keats |
||||||
NFGC-23-1831 |
-45 |
125 |
123 |
658194 |
5427015 |
Keats |
||||||
NFGC-23-1834 |
-45 |
225 |
101 |
657855 |
5427274 |
Keats |
||||||
NFGC-23-1839 |
-70 |
340 |
80 |
657890 |
5427325 |
Keats |
||||||
NFGC-23-1840 |
-45 |
125 |
225 |
658139 |
5427047 |
Keats |
||||||
NFGC-23-1845 |
-45 |
300 |
149 |
657886 |
5427326 |
Keats |
||||||
NFGC-23-1849 |
-45 |
68 |
86 |
657894 |
5427326 |
Keats |
||||||
NFGC-23-1850 |
-45 |
10 |
81 |
658074 |
5426897 |
Keats South |
||||||
NFGC-23-1851 |
-45.5 |
299 |
135 |
658355 |
5427788 |
|
||||||
NFGC-23-1854 |
-55 |
106 |
93 |
657890 |
5427328 |
Keats |
||||||
NFGC-23-1856 |
-45 |
135 |
165 |
658075 |
5426895 |
Keats South |
||||||
NFGC-23-1857 |
-60 |
85 |
98 |
657865 |
5427276 |
Keats |
||||||
NFGC-23-1859 |
-45 |
299 |
140 |
658333 |
5427772 |
|
||||||
NFGC-23-1862 |
-72 |
27 |
101 |
657864 |
5427271 |
Keats |
||||||
NFGC-23-1863 |
-45 |
85 |
249 |
658077 |
5426898 |
Keats South |
||||||
NFGC-23-1867 |
-88 |
35 |
116 |
657865 |
5427272 |
Keats |
||||||
NFGC-23-1875 |
-75 |
319 |
143 |
657855 |
5427269 |
Keats |
||||||
NFGC-23-1878 |
-45 |
95 |
177 |
657904 |
5426895 |
Keats South |
||||||
NFGC-23-1882 |
-72 |
292 |
185 |
657861 |
5427280 |
Keats |
||||||
NFGC-23-1892 |
-52 |
115 |
116 |
658062 |
5427608 |
|
||||||
NFGC-23-1896 |
-62 |
115 |
122 |
658062 |
5427608 |
|
||||||
NFGC-23-1897 |
-46 |
345 |
206 |
659080 |
5428468 |
|
||||||
NFGC-23-1901 |
-45 |
120 |
95 |
657935 |
5427488 |
Keats |
||||||
NFGC-23-1905 |
-45 |
300 |
77 |
659080 |
5428585 |
|
||||||
NFGC-23-1906 |
-46 |
120 |
71 |
657969 |
5427449 |
Keats |
||||||
NFGC-23-1907 |
-45 |
300 |
116 |
658309 |
5427757 |
|
||||||
NFGC-23-1910 |
-60.5 |
14.5 |
98 |
659081 |
5428585 |
|
||||||
NFGC-23-1911 |
-45 |
300 |
101 |
657962 |
5427451 |
Keats |
||||||
NFGC-23-1916 |
-50 |
120 |
131 |
657880 |
5427368 |
Keats |
||||||
NFGC-23-1917 |
-65 |
302 |
230 |
659137 |
5428550 |
|
||||||
NFGC-23-1923 |
-45.5 |
120 |
152 |
657843 |
5427329 |
Keats |
||||||
NFGC-23-1927 |
-47 |
329 |
149 |
659137 |
5428551 |
|
||||||
NFGC-23-1929 |
-45 |
299 |
318 |
658297 |
5427735 |
|
||||||
NFGC-23-1930 |
-68 |
138 |
149 |
657843 |
5427327 |
Keats |
||||||
NFGC-23-1933 |
-42 |
353 |
152 |
659137 |
5428551 |
|
||||||
NFGC-23-1934 |
-45.5 |
156 |
113 |
657841 |
5427327 |
Keats |
||||||
NFGC-23-1936 |
-45 |
325 |
77 |
659127 |
5428614 |
|
||||||
NFGC-23-1937 |
-49 |
195 |
131 |
657844 |
5427324 |
Keats |
||||||
NFGC-23-1941 |
-70 |
306 |
86 |
659127 |
5428614 |
|
||||||
NFGC-23-1944 |
-45.5 |
121 |
71 |
657907 |
5427365 |
Keats |
||||||
NFGC-23-1947 |
-45 |
299 |
164 |
658278 |
5427746 |
|
||||||
NFGC-23-1948 |
-42 |
6 |
95 |
659128 |
5428616 |
|
||||||
NFGC-23-1949 |
-45.5 |
121 |
107 |
657901 |
5427398 |
Keats |
||||||
NFGC-23-1953 |
-65 |
341 |
104 |
657925 |
5427390 |
Keats |
||||||
NFGC-23-1954 |
-51 |
333 |
92 |
659148 |
5428601 |
|
||||||
NFGC-23-1958 |
-45 |
120 |
86 |
657935 |
5427410 |
Keats |
||||||
NFGC-23-1959 |
-43 |
5 |
98 |
659149 |
5428602 |
|
||||||
NFGC-23-1961 |
-45 |
120 |
92 |
657931 |
5427439 |
Keats |
||||||
NFGC-23-1963 |
-64 |
5 |
95 |
659149 |
5428601 |
|
||||||
NFGC-23-1967 |
-70 |
340 |
80 |
657939 |
5427407 |
Keats |
||||||
NFGC-23-1969 |
-45 |
300 |
89 |
657903 |
5427397 |
Keats |
||||||
NFGC-23-1972 |
-42 |
12 |
80 |
659081 |
5428586 |
|
||||||
NFGC-23-1974 |
-45 |
300 |
116 |
657934 |
5427412 |
Keats |
||||||
NFGC-23-1976 |
-45 |
338 |
104 |
659080 |
5428586 |
|
||||||
NFGC-23-1978 |
-45 |
120 |
215 |
658172 |
5427880 |
|
||||||
NFGC-23-1980 |
-65 |
323 |
92 |
659081 |
5428585 |
|
||||||
NFGC-23-1983 |
-45 |
336 |
107 |
659055 |
5428602 |
|
||||||
NFGC-23-1984 |
-45 |
94 |
122 |
658175 |
5427881 |
|
||||||
NFGC-23-1988 |
-45 |
336 |
77 |
659070 |
5428623 |
|
||||||
NFGC-23-1989 |
-45.5 |
78 |
137 |
658176 |
5427839 |
|
||||||
NFGC-23-1991 |
-45 |
336 |
71 |
659095 |
5428629 |
|
||||||
NFGC-23-1994 |
-45 |
336 |
50 |
659115 |
5428647 |
|
||||||
NFGC-23-1995 |
-43 |
316 |
138 |
659136 |
5428551 |
|
||||||
NFGC-23-1998 |
-57 |
317 |
149 |
659137 |
5428551 |
|
||||||
NFGC-23-2001 |
-59 |
344 |
134 |
659137 |
5428552 |
|
||||||
NFGC-23-2005 |
-61 |
336 |
146 |
659069 |
5428532 |
|
||||||
NFGC-24-2006 |
-46 |
335 |
125 |
659069 |
5428533 |
|
||||||
NFGC-24-2012 |
-66 |
3 |
146 |
659072 |
5428533 |
|
||||||
NFGC-24-2016 |
-48 |
314 |
143 |
659071 |
5428534 |
|
||||||
NFGC-24-2022 |
-65 |
20 |
59 |
659118 |
5428647 |
|
||||||
NFGC-24-2023 |
-59 |
310 |
221 |
659028 |
5428384 |
|
||||||
NFGC-24-2032 |
-45 |
327 |
164 |
658991 |
5428411 |
|
||||||
NFGC-24-2035 |
-62.5 |
350 |
173 |
658991 |
5428411 |
|
||||||
NFGC-24-2040 |
-60 |
320 |
122 |
658949 |
5428406 |
|
||||||
NFGC-24-2044 |
-42 |
314 |
74 |
658968 |
5428452 |
|
||||||
NFGC-24-2046 |
-70 |
344 |
152 |
658909 |
5428380 |
|
||||||
NFGC-24-2052 |
-49 |
318 |
95 |
658909 |
5428381 |
|
||||||
NFGC-24-2054 |
-57 |
2 |
215 |
658916 |
5428318 |
Road |
||||||
NFGC-24-2065 |
-70.5 |
256 |
244 |
659050 |
5428486 |
|
||||||
NFGC-24-2075 |
-66 |
295 |
239 |
659078 |
5428467 |
|
Table 4: 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 3,500m of core is currently pending assay results.
Sampling, Sub-sampling, and Laboratory
All drilling recovers HQ core. The 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 for fire assay, 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.
Samples submitted to ALS beginning in
For samples that have VG identified, the entire crushed sample is riffle split and weighed into multiple jars that are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.
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 0.8 g/t, the remaining crushed material is weighed into multiple jars and submitted for photon assay.
For samples that have VG identified, the entire crushed sample is weighed into multiple jars and 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/20240326753015/en/
Per: “Collin Kettell”
Email: ckettell@newfoundgold.ca
Phone: +1 (845) 535-1486
Source: