{"id":414863,"date":"2021-01-14T08:04:09","date_gmt":"2021-01-14T13:04:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414863"},"modified":"2021-01-14T08:04:09","modified_gmt":"2021-01-14T13:04:09","slug":"new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/","title":{"rendered":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone"},"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\">Jan. 14, 2021<\/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 a new high-grade gold discovery at its 100% owned Queensway Project (&#8220;<b>Queensway<\/b>&#8220;), 15 km 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 in what is interpreted to be on the hanging wall side of the main Appleton Fault displaying a broad quartz breccia vein, sulfide mineralization and\/or visible gold starting at a down hole depth of <span class=\"xn-money\">239 m<\/span> was assayed on a rush basis returning <b><span class=\"xn-money\">6.5m<\/span> @ 18.1g\/t Au including <span class=\"xn-money\">2.95m<\/span> @ 38.7g\/t Au <\/b>(see Figures 1 and 2). This new discovery has been named the &#8220;<b>Sunday Zone&#8221;<\/b>. <\/li>\n<li>To date the Company has focused drilling targets along a 2km corridor typically <span class=\"xn-money\">200m<\/span> to <span class=\"xn-money\">400m<\/span> to the east of the main Appleton Fault with only five holes to date having intersected the main <span class=\"xn-location\">Appleton<\/span> fault. <b>This is the first discovery interval drilled in or immediately adjacent to the main Appleton Fault structure and opens a new target zone along the Appleton Fault itself.<\/b><\/li>\n<li>This discovery hole was drilled as a step-out <span class=\"xn-money\">50m<\/span> to the north of two altered and mineralized intervals that returned up to 1.3 g\/t Au in the hanging wall and footwall of the main Appleton Fault in drill hole NFGC-20-17, which was extended to depth to drill test the Appleton Fault itself (see the Company&#8217;s <span class=\"xn-chron\">October 2, 2020<\/span> news release). <\/li>\n<li>A number of observed features of this new discovery interval including the style of alteration and mineralization and the affiliation of high-grade gold with a breccia unit are reminiscent of what has been observed in high-grade drill intervals at Keats.<\/li>\n<\/ul>\n<p>\n        <span class=\"xn-person\">Greg Matheson<\/span>, P.Geo., Chief Operating Officer of New Found, stated: &#8220;We are excited to have intersected this new high-grade discovery on the hanging wall side of the Appleton Fault itself. Our work to date has focused on targets offset from the main Appleton Fault Zone including the Keats Baseline Zone, which are likely affiliated with a network of secondary structures related to the primary regional Appleton Fault. This opens the entire Appleton Fault itself as a primary target for high-grade gold mineralization, adding significantly to the already extensive prospective target area at Queensway North. <\/p>\n<p>A program of follow-up step-out drilling to this discovery interval is now underway. The recent decision to increase our drill count from four to eight drills early in 2021, and to expand our current program to <span class=\"xn-money\">200,000m<\/span>, will allow us to aggressively follow up on this new discovery without detracting from plan to continue grid drilling of multiple defined high grade targets along 5 km of strike on the Appleton Fault Zone and 3 km of strike on the JBP fault Zone.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <u>Lotto Zone Hole NFGC-20-17 Update<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">October 2, 2020<\/span>, the Company announced two separate intervals in its first hole at the Lotto Zone, 2 km north of the Keats Zone. As reported NFGC-20-17 returned <b>41.2 g\/t Au over <span class=\"xn-money\">4.75m<\/span><\/b>starting at <span class=\"xn-money\">35 m<\/span> down hole depth and <b>25.4 g\/t Au over <span class=\"xn-money\">5.15 m<\/span><\/b>starting at <span class=\"xn-money\">57 m<\/span> down hole depth. <b>The Company has now received assay results for an additional high-grade interval in NFGC-20-17 of 16.3g\/t Au over <span class=\"xn-money\">2.2m<\/span> starting at <span class=\"xn-money\">30 m<\/span> down hole depth<\/b>, with three high-grade intervals now reported between <span class=\"xn-money\">30m<\/span> and <span class=\"xn-money\">62 m<\/span> down hole depth. The Company is continuing to drill at the Lotto Zone including step-out holes from the NFGC-20-17 and intervals from this drilling have been submitted to the lab for assay on a rush basis.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder5447\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg\" title=\"Figure 1. Sunday Zone \/ Lotto Zone map (CNW Group\/New Found Gold Corp.)\" alt=\"Figure 1. Sunday Zone \/ Lotto Zone map (CNW Group\/New Found Gold Corp.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder8691\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1420616\/Figure_2.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1420616\/Figure_2.jpg\" title=\"Figure 2. Photo of reported NFGC-20-44 interval, orange indicates visible gold mineralization (CNW Group\/New Found Gold Corp.)\" alt=\"Figure 2. Photo of reported NFGC-20-44 interval, orange indicates visible gold mineralization (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=\"prnsbts prnrbrs prnvam prnsbbs prntac prnpl6 prnsbls prnpr6\">\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=\"prngen3\">\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=\"prngen3\">\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=\"prngen3\">\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=\"prngen3\">\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=\"prngen3\">\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=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-44<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">238.55<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">245.05<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.5<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">18.1<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Sunday<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Including<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">242.10<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">245.05<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.95<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">38.7<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-17<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29.80<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">32.0<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.20<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16.3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Lotto<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Previously Reported Results<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-17<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">35.25<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">40.00<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.75<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">41.2<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Lotto<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Including<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">35.25<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">36.9<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.65<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">108.7<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">NFGC-20-17<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">56.95<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">70.75<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13.8<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10.1<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"3\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Lotto<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Including<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">56.95<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">62.1<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.15<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25.4<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Including<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">61.0<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">61.8<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.8<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">138.3<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p><\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prnvab prntar prnpl6 prnpr6\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\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=\"prngen8\">\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=\"prngen8\">\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=\"prngen8\">\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=\"prngen8\">\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=\"prngen8\">\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 nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NFGC-20-44<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">300<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-45<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">294<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">658956<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5429030<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NFGC-20-17<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">302<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-46<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">354<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">658931<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5428990<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <i>Note that the exact orientation of the veins and the true width of the reported intervals is uncertain at this time<\/i>.<\/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. Any samples that returned over-limit values (&gt;100 g\/t silver) were analyzed with the Ag-OG62 procedure (Ag by HF-HNO3 -HClO4 digestion with HCl leach, ICP-AES or AAS finish). 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$67M<\/span> the Company is well financed to continue its current <span class=\"xn-money\">200,000m<\/span> program, with a planned increase from the current four drills to eight drills by <span class=\"xn-chron\">February 2021<\/span>. New Found has a proven capital markets and mining team with major shareholders including 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=3037377-1&amp;h=2152054353&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=3037377-1&amp;h=3684201288&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>New Found Gold at the 2021 Cordilleran Roundup<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>New Found Gold will be attending the 2021 AME Remote Roundup with a Core Shack booth <span class=\"xn-chron\">January 18-22<\/span>. Visit New Found Gold&#8217;s virtual booth for the following presentations: <span class=\"xn-person\">Greg Matheson<\/span>, P.Geo. our Chief Operating Officer will be presenting the Queensway Project on January\u00a018 and 21 at <span class=\"xn-chron\">10:30 am PST<\/span>, and <span class=\"xn-person\">Denis Laviolette<\/span>, P.Geo, President, and <span class=\"xn-person\">Craig Roberts<\/span>, P.Eng., Chief Executive Officer will provide a corporate presentation on <span class=\"xn-chron\">January 20<\/span> at <span class=\"xn-chron\">10:30 am<\/span>.<\/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=3037377-1&amp;h=2152054353&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 \/>\n<p>Per: &#8220;<i><span class=\"xn-person\">Craig Roberts<\/span><\/i>&#8221; <br \/><span class=\"xn-person\">Craig Roberts<\/span>, P.Eng., Chief Executive Officer<\/p>\n<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>.\u00a0 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 href=\"http:\/\/www.sedar.com\" rel=\"nofollow\">www.sedar.com<\/a> for a more complete discussion of such risk factors and their potential effects.<\/i>\n      <\/p>\n<p \/>\n<p \/>\n<p \/>\n<p \/>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1420614\/nfg.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1420614\/nfg.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=VA48755&amp;sd=2021-01-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/new-found-intercepts-18-1-gt-au-over-6-5m-including-38-7-gt-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone-301208458.html\">http:\/\/www.prnewswire.com\/news-releases\/new-found-intercepts-18-1-gt-au-over-6-5m-including-38-7-gt-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone-301208458.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=VA48755&amp;Transmission_Id=202101140800PR_NEWS_USPR_____VA48755&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC, Jan. 14, 2021 \/PRNewswire\/ &#8211;\u00a0New Found Gold Corp. (&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce a new high-grade gold discovery at its 100% owned Queensway Project (&#8220;Queensway&#8220;), 15 km west of Gander, Newfoundland. Highlights An interval in what is interpreted to be on the hanging wall side of the main Appleton Fault displaying a broad quartz breccia vein, sulfide mineralization and\/or visible gold starting at a down hole depth of 239 m was assayed on a rush basis returning 6.5m @ 18.1g\/t Au including 2.95m @ 38.7g\/t Au (see Figures 1 and 2). This new discovery has been named the &#8220;Sunday Zone&#8221;. To date the Company has focused drilling targets &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone&#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-414863","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &quot;Sunday Zone&quot; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - 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-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &quot;Sunday Zone&quot; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC, Jan. 14, 2021 \/PRNewswire\/ &#8211;\u00a0New Found Gold Corp. (&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce a new high-grade gold discovery at its 100% owned Queensway Project (&#8220;Queensway&#8220;), 15 km west of Gander, Newfoundland. Highlights An interval in what is interpreted to be on the hanging wall side of the main Appleton Fault displaying a broad quartz breccia vein, sulfide mineralization and\/or visible gold starting at a down hole depth of 239 m was assayed on a rush basis returning 6.5m @ 18.1g\/t Au including 2.95m @ 38.7g\/t Au (see Figures 1 and 2). This new discovery has been named the &#8220;Sunday Zone&#8221;. To date the Company has focused drilling targets &hellip; Continue reading &quot;New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T13:04:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.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=\"8 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-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"New Found Intercepts 18.1 g\\\/t Au over 6.5m including 38.7 g\\\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone\",\"datePublished\":\"2021-01-14T13:04:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/\"},\"wordCount\":1639,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1420615\\\/Figure_1.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/\",\"name\":\"New Found Intercepts 18.1 g\\\/t Au over 6.5m including 38.7 g\\\/t Over 2.95m in New \\\"Sunday Zone\\\" Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1420615\\\/Figure_1.jpg\",\"datePublished\":\"2021-01-14T13:04:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1420615\\\/Figure_1.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1420615\\\/Figure_1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Found Intercepts 18.1 g\\\/t Au over 6.5m including 38.7 g\\\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New \"Sunday Zone\" Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/","og_locale":"en_US","og_type":"article","og_title":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New \"Sunday Zone\" Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - Market Newsdesk","og_description":"PR Newswire VANCOUVER, BC, Jan. 14, 2021 \/PRNewswire\/ &#8211;\u00a0New Found Gold Corp. (&#8220;New Found&#8221; or the &#8220;Company&#8220;) (TSXV: NFG) (OTC: NFGFF) is pleased to announce a new high-grade gold discovery at its 100% owned Queensway Project (&#8220;Queensway&#8220;), 15 km west of Gander, Newfoundland. Highlights An interval in what is interpreted to be on the hanging wall side of the main Appleton Fault displaying a broad quartz breccia vein, sulfide mineralization and\/or visible gold starting at a down hole depth of 239 m was assayed on a rush basis returning 6.5m @ 18.1g\/t Au including 2.95m @ 38.7g\/t Au (see Figures 1 and 2). This new discovery has been named the &#8220;Sunday Zone&#8221;. To date the Company has focused drilling targets &hellip; Continue reading \"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-14T13:04:09+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone","datePublished":"2021-01-14T13:04:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/"},"wordCount":1639,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/","name":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New \"Sunday Zone\" Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg","datePublished":"2021-01-14T13:04:09+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/1420615\/Figure_1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"New Found Intercepts 18.1 g\/t Au over 6.5m including 38.7 g\/t Over 2.95m in New &#8220;Sunday Zone&#8221; Discovery in the Appleton Fault Hanging Wall, 2 km North of Keats Zone"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/414863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=414863"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/414863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=414863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=414863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=414863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}