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🪙 New Found Gold Confirms Continuity of Near‑Surface High‑Grade Gold at Keats Zone
New Found Gold Corp. reported further grade control drilling results at the Keats Zone of its Queensway Gold Project in Newfoundland, showing strong continuity of high‑grade gold mineralization near surface, reinforcing confidence in the deposit’s geometry and supporting future mine planning.
Key Facts:
• Multiple high‑grade intervals near surface — including 508 g/t Au over 2.20 m, 113 g/t Au over 3.75 m and 27 g/t Au over 10 m — continue to confirm strong continuity at Keats.
• Results are from 36 diamond drill holes totaling 1,230 m as part of a broader grade control drill program.
• Mineralization lies at or within a few metres of surface and correlates well with existing resource models, enhancing confidence ahead of a planned MRE update and mine planning work.
Expert Insight:
These results, showing broad high‑grade gold closer to surface, improve geological confidence and could strengthen plans for Phase 1 open pit mining — a key step toward advancing Queensway toward production.
#GoldMining #NewFoundGold #QueenswayGold #DrillResults #HighGradeAu $XAG $PAXG $XAU
New Found Gold Corp. reported further grade control drilling results at the Keats Zone of its Queensway Gold Project in Newfoundland, showing strong continuity of high‑grade gold mineralization near surface, reinforcing confidence in the deposit’s geometry and supporting future mine planning.
Key Facts:
• Multiple high‑grade intervals near surface — including 508 g/t Au over 2.20 m, 113 g/t Au over 3.75 m and 27 g/t Au over 10 m — continue to confirm strong continuity at Keats.
• Results are from 36 diamond drill holes totaling 1,230 m as part of a broader grade control drill program.
• Mineralization lies at or within a few metres of surface and correlates well with existing resource models, enhancing confidence ahead of a planned MRE update and mine planning work.
Expert Insight:
These results, showing broad high‑grade gold closer to surface, improve geological confidence and could strengthen plans for Phase 1 open pit mining — a key step toward advancing Queensway toward production.
#GoldMining #NewFoundGold #QueenswayGold #DrillResults #HighGradeAu $XAG $PAXG $XAU
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