{"id":381746,"date":"2020-11-16T08:33:29","date_gmt":"2020-11-16T13:33:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=381746"},"modified":"2020-11-16T08:33:29","modified_gmt":"2020-11-16T13:33:29","slug":"new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/","title":{"rendered":"New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span>, <span class=\"xn-chron\">Nov. 16, 2020<\/span> \/PRNewswire\/ &#8211;\u00a0<b>New Found Gold Corp.<\/b> (&#8220;<b>New Found<\/b>&#8221; or the &#8220;<b>Company<\/b>&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone (&#8220;<b>Keats<\/b>&#8220;), drilled as part of the Company&#8217;s ongoing <span class=\"xn-money\">100,000m<\/span> diamond drill program at its 100% owned Queensway High-Grade Gold Project (&#8220;<b>Queensway<\/b>&#8220;), 15km west of <span class=\"xn-location\">Gander, Newfoundland<\/span>. <\/p>\n<p>\n        <b><br \/>\n          <u>Highlights<\/u><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 g\/t Au over <span class=\"xn-money\">6.85m<\/span> within a longer interval of 11.8 g\/t Au over <span class=\"xn-money\">29.15m<\/span>, starting at <span class=\"xn-money\">45 m<\/span> down hole (note that the exact orientation of the veins is uncertain but believed to be steeply dipping thus implying true widths in the 70% to 80% range of reported drill lengths).\n<\/li>\n<li>The reported interval in NFGC-20-26 is located on fence line 4750N and is approximately <span class=\"xn-money\">60m<\/span> south-west of the discovery interval in hole NFGC-19-01 (see Figure 1). Two additional holes have now been completed on fence line 4750N and intervals from these holes have been submitted for assay on a rush basis.\n<\/li>\n<li>The high-grade interval in NFGC-20-26 displays characteristics suggestive of an epizonal orogenic depositional environment.\n<\/li>\n<li>The <span class=\"xn-money\">10 m<\/span> step out pattern from NFGC-19-01 roughly centered on fence line 4800N is continuing with ten holes additional to those already reported now completed (Figure 1). Intervals from each of these holes have been submitted or are being prepared for submission for assay on a rush basis.\n<\/li>\n<li>Four holes on fence line 4850N approximately <span class=\"xn-money\">50m<\/span> north of NFGC-19-01 have now been completed and intervals from these holes have also been submitted for assay on a rush basis (see Figure 1).<\/li>\n<\/ul>\n<p>\n        <span class=\"xn-person\">Denis Laviolette President<\/span> of New Found, stated: &#8220;We are delighted to intersect this significant interval of high-grade gold mineralization <span class=\"xn-money\">60m<\/span> south of discovery hole NFGC-19-01. Historic work and more recent drilling at Keats have demonstrated gold mineralization over at least <span class=\"xn-money\">300m<\/span> of strike and the Keats target remains open in each direction along strike and to depth. We are continuing to drill on grid lines at <span class=\"xn-money\">50m<\/span> spacing to the north and south of NFGC-19-01 and anticipate further results from this drilling in the next several weeks.\u00a0 In addition, the closer spaced drilling around NFGC-19-01 is yielding outstanding results and giving us valuable information about the spatial distribution and geometry of the high-grade gold mineralization. Our recent hole at Lotto Zone 2 km north of Keats (41.2 g\/t Au over <span class=\"xn-money\">4.75m<\/span> and 25.4 g\/t Au over <span class=\"xn-money\">5.15m<\/span>) has confirmed the potential for multiple high-grade zones along the 5km of the Appleton Fault Zone that will be grid drilled in our current <span class=\"xn-money\">100,000m<\/span> program.&#8221;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2755\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1334888\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1334888\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg\" title=\"Figure 1. Drill hole collar and interval locations (CNW Group\/New Found Gold Corp.)\" alt=\"Figure 1. Drill hole collar and interval locations (CNW Group\/New Found Gold Corp.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder8501\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1334889\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1334889\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg\" title=\"Figure 2. Example of high-grade gold mineralization in Keats hole NFGC-20-26 (note this is not intended to be representative of the gold mineralization in NFGC-20-26). (CNW Group\/New Found Gold Corp.)\" alt=\"Figure 2. Example of high-grade gold mineralization in Keats hole NFGC-20-26 (note this is not intended to be representative of the gold mineralization in NFGC-20-26). (CNW Group\/New Found Gold Corp.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>Drill Collar and Interval Summaries<\/u><br \/>\n        <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Hole No.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Azimuth (\u00b0)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dip (\u00b0)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Length (m)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>UTM E<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>UTM N<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NFGC-20-26<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">300<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-45<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">269<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">658151<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5427444<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p \/>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Hole No.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>From (m)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>To (m)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Interval (m)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Au (g\/t)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Zone<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-26<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44.7<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73.85<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29.15<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.8<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"3\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Keats Main<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Incl.<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">67.0<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73.85<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.85<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44.5<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Incl.<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73.5<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">73.85<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.35<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">824<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-26<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">194.4<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">197.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.20<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.09<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Keats FW<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-26<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">219.7<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">222.3<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.60<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.02<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Keats FW<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Table 1.\u00a0 Drill hole collar and interval summaries <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>QA\/QC<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>True widths of the new exploration intercepts reported in this press release have yet to be determined but are estimated to be 70% to 80% of reported core lengths. Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cutoff of 1.0 g\/t Au. All HQ split core assays reported were obtained by either whole sample metallic screen\/fire assay or standard 30-gram fire-assaying with ICP finish at ALS Minerals in <span class=\"xn-location\">Vancouver, British Columbia<\/span>. The whole sample metallic screen assay method is selected by the geologist when samples contain coarse gold or any samples displaying gold initial fire assay values greater than 1.0 g\/t Au. Drill program design, Quality Assurance\/Quality Control and interpretation of results is performed by qualified persons employing a Quality Assurance\/Quality Control program consistent with National Instrument 43-101 and industry best practices. Standards and blanks are included with every 20 samples for Quality Assurance\/Quality Control purposes by the Company as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assays.<\/p>\n<p>\n        <b><br \/>\n          <u>Qualified Person<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>The technical content disclosed in this press release was reviewed and approved by <span class=\"xn-person\">Greg Matheson<\/span>, P.Geo., Chief Operating Officer and a Qualified Person as defined under National Instrument 43-101.<\/p>\n<p>\n        <b><br \/>\n          <u>About New Found Gold Corp <\/u><br \/>\n        <\/b>\n      <\/p>\n<p>New Found holds a 100% interest in the Queensway Project, located 15 km west of <span class=\"xn-location\">Gander, Newfoundland<\/span>, and just 18 km from <span class=\"xn-location\">Gander<\/span> International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. With working capital of approximately <span class=\"xn-money\">C$75 million<\/span> the Company is well financed for aggressive exploration with an initial planned drill program of 100,000 meters. New Found has a proven capital markets and mining team with major shareholders include Palisades Goldcorp (33%), <span class=\"xn-person\">Eric Sprott<\/span> (18%), Novo Resources (11%), <span class=\"xn-person\">Rob McEwen<\/span> (7%), other institutional ownership (8%), and management, directors and insiders (4%). Approximately 65% of the Company&#8217;s issued and outstanding shares are subject to escrow or 180-day lock up agreements. <\/p>\n<p>Please see the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2982498-1&amp;h=2272629471&amp;u=http%3A%2F%2Fwww.newfoundgold.ca%2F&amp;a=www.newfoundgold.ca\" rel=\"nofollow noopener noreferrer\">www.newfoundgold.ca<\/a> and the Company&#8217;s SEDAR profile at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2982498-1&amp;h=3702022086&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>Acknowledgments<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of <span class=\"xn-location\">Newfoundland<\/span> and <span class=\"xn-location\">Labrador<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <u>Contact<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>To contact the Company please visit the Company&#8217;s website, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2982498-1&amp;h=2272629471&amp;u=http%3A%2F%2Fwww.newfoundgold.ca%2F&amp;a=www.newfoundgold.ca\" rel=\"nofollow noopener noreferrer\">www.newfoundgold.ca<\/a> 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. <\/p>\n<p>\n        <b>New Found Gold Corp.<\/b>\n      <\/p>\n<p>Per: &#8220;<i><span class=\"xn-person\">Craig Roberts<\/span><\/i>&#8220;<\/p>\n<p>\n        <b>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/b>\n      <\/p>\n<p>\n        <b>Forward-Looking Statement Cautions:<\/b>\n      <\/p>\n<p>\n        <i>This press release contains certain &#8220;forward-looking statements&#8221; within the meaning of Canadian securities legislation, relating to further the exploration and drilling on the Company&#8217;s Queensway gold project in <span class=\"xn-location\">Newfoundland<\/span><\/i><br \/>\n        <i>. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;intends,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;aims,&#8221; &#8220;potential,&#8221; &#8220;goal,&#8221; &#8220;objective,&#8221; &#8220;prospective,&#8221; and similar expressions, or that events or conditions &#8220;will,&#8221; &#8220;would,&#8221; &#8220;may,&#8221; &#8220;can,&#8221; &#8220;could&#8221; or &#8220;should&#8221; occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company&#8217;s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management&#8217;s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company&#8217;s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company&#8217;s business and prospects. The reader is urged to refer to the Company&#8217;s reports, publicly available through the Canadian Securities Administrators&#8217; System for Electronic Document Analysis and Retrieval (SEDAR) at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2982498-1&amp;h=3702022086&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com\" rel=\"nofollow noopener noreferrer\">www.sedar.com<\/a> for a more complete discussion of such risk factors and their potential effects.<\/i>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1334887\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1334887\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg\" title=\"New Found Gold Corp. (CNW Group\/New Found Gold Corp.)\" alt=\"New Found Gold Corp. (CNW Group\/New Found Gold Corp.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA92473&amp;sd=2020-11-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/new-found-intercepts-44-5-gt-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland-301173579.html\">http:\/\/www.prnewswire.com\/news-releases\/new-found-intercepts-44-5-gt-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland-301173579.html<\/a><\/p>\n<p>SOURCE  New Found Gold Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA92473&amp;Transmission_Id=202011160830PR_NEWS_USPR_____VA92473&amp;DateId=20201116\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC, Nov. 16, 2020 \/PRNewswire\/ &#8211;\u00a0New Found Gold Corp. (&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone (&#8220;Keats&#8220;), drilled as part of the Company&#8217;s ongoing 100,000m diamond drill program at its 100% owned Queensway High-Grade Gold Project (&#8220;Queensway&#8220;), 15km west of Gander, Newfoundland. Highlights An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 g\/t Au over 6.85m within a longer interval of 11.8 g\/t Au over 29.15m, starting at 45 m down hole (note that the exact orientation of the veins is uncertain but believed to be steeply &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-381746","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC, Nov. 16, 2020 \/PRNewswire\/ &#8211;\u00a0New Found Gold Corp. (&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone (&#8220;Keats&#8220;), drilled as part of the Company&#8217;s ongoing 100,000m diamond drill program at its 100% owned Queensway High-Grade Gold Project (&#8220;Queensway&#8220;), 15km west of Gander, Newfoundland. Highlights An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 g\/t Au over 6.85m within a longer interval of 11.8 g\/t Au over 29.15m, starting at 45 m down hole (note that the exact orientation of the veins is uncertain but believed to be steeply &hellip; Continue reading &quot;New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-16T13:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1334888\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"New Found Intercepts 44.5 g\\\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland\",\"datePublished\":\"2020-11-16T13:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/\"},\"wordCount\":1351,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1334888\\\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\\\/\",\"name\":\"New Found Intercepts 44.5 g\\\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland - 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(&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone (&#8220;Keats&#8220;), drilled as part of the Company&#8217;s ongoing 100,000m diamond drill program at its 100% owned Queensway High-Grade Gold Project (&#8220;Queensway&#8220;), 15km west of Gander, Newfoundland. Highlights An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 g\/t Au over 6.85m within a longer interval of 11.8 g\/t Au over 29.15m, starting at 45 m down hole (note that the exact orientation of the veins is uncertain but believed to be steeply &hellip; Continue reading \"New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-16T13:33:29+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1334888\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland","datePublished":"2020-11-16T13:33:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/"},"wordCount":1351,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1334888\/New_Found_Gold_Corp__New_Found_Intercepts_44_5_g_t_Au_over_6_85m.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-44-5-g-t-au-over-6-85m-in-60m-step-out-at-keats-zone-queensway-project-newfoundland\/","name":"New Found Intercepts 44.5 g\/t Au over 6.85m in 60m Step-Out at Keats Zone, Queensway Project, Newfoundland - 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