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New Found Intercepts 61.50 g/t Au over 5.20m at Keats 65m Step-Out, Extends High-Grade Zone to 530m Down Plunge
New Found Intercepts 61.50 g/t Au over 5.20m at Keats 65m Step-Out, Extends High-Grade Zo...
About this update from New Found Gold Corp
[{"type":"text","content":"\n \n \n \n New Found Intercepts 61.50 g/t Au over 5.20m at Keats 65m Step-Out, Extends High-Grade Zone to 530m Down Plunge\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 14, 2021\n \n /PRNewswire/ -\n \n New Found Gold Corp.\n \n (\"\n \n New Found\n \n \" or the \"\n \n Company\n \n \") (TSXV: NFG) (OTC: NFGFF) is pleased to announce recently received assay results from eleven holes drilled at the Keats Zone (\"\n \n Keats\n \n \"), located along the Appleton Fault Zone.  These holes were completed as part of the Company's ongoing\n \n 200,000m\n \n diamond drill program at its 100% owned Queensway Project (\"\n \n Queensway\n \n \"), located on the Trans-Canada Highway 15 km west of\n \n Gander, Newfoundland\n \n .\n \n \n \n Highlights\n \n \n \n \n Highlight intervals are summarized below.  Additional results are provided in Table 2.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n * Note that the true width of the mineralization is uncertain, but host structures are interpreted to be steeply dipping implying true widths in the range of 85% to 95% of reported intercepts. Intervals are calculated at a 1 g/t Au cut-off grade and minimum width of 2m; grades have not been capped in the averaging.\n \n \n \n \n \n \n \n \n The Keats Main Zone now extends\n \n 530m\n \n down-plunge, an increase of\n \n 65m\n \n from the previously reported distance of\n \n 465m\n \n defined by the furthest intercept to date in NFGC-21-360 grading 61.50 g/t Au over\n \n 5.20m\n \n .\n \n \n \n \n Intercepts of 17.59 g/t Au over\n \n 6.50m\n \n in NFGC-21-312 as well as 63.92 g/t Au over\n \n 3.25m\n \n and 9.10 g/t Au over\n \n 6.25m\n \n in NFGC-21-351 continue to demonstrate the high-g...