{"id":689043,"date":"2022-09-27T06:33:04","date_gmt":"2022-09-27T10:33:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-discovers-new-high-grade-gold-zone-west-of-the-appleton-fault-intercepting-10-4-g-t-au-over-10-5m-17-9-g-t-au-over-4-2m-at-keats-west\/"},"modified":"2022-09-27T06:33:04","modified_gmt":"2022-09-27T10:33:04","slug":"new-found-discovers-new-high-grade-gold-zone-west-of-the-appleton-fault-intercepting-10-4-g-t-au-over-10-5m-17-9-g-t-au-over-4-2m-at-keats-west","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-found-discovers-new-high-grade-gold-zone-west-of-the-appleton-fault-intercepting-10-4-g-t-au-over-10-5m-17-9-g-t-au-over-4-2m-at-keats-west\/","title":{"rendered":"New Found Discovers New High-Grade Gold Zone West of the Appleton Fault Intercepting 10.4 g\/t Au Over 10.5m & 17.9 g\/t Au Over 4.2m at \u201cKeats West\u201d"},"content":{"rendered":"

<\/p>\n

New Found Discovers New High-Grade Gold Zone West of the Appleton Fault Intercepting 10.4 g\/t Au Over 10.5m & 17.9 g\/t Au Over 4.2m at \u201cKeats West\u201d<\/b><\/p>\n

VANCOUVER, British Columbia–(BUSINESS WIRE<\/a>)–New Found Gold Corp.<\/b> (\u201cNew Found<\/b>\u201d or the \u201cCompany<\/b>\u201d) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from six diamond drill holes that were completed as part of a program designed to test the west side of the highly prospective Appleton Fault Zone (\u201cAFZ<\/b>\u201d) adjacent to the Keats Zone. New Found\u2019s 100%-owned Queensway project comprises a 1500km2<\/sup> area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220927005513\/en\/<\/a><\/p>\n

\"Figure<\/p>\n

Figure 1. Keats West plan view map (Graphic: Business Wire)<\/p>\n<\/div>\n

Keats West Highlights:<\/b><\/p>\n\n\n\n\n\n\n\n\n
\n

Hole No.<\/b><\/p>\n<\/td>\n

\n

From (m)<\/b><\/p>\n<\/td>\n

\n

To (m)<\/b><\/p>\n<\/td>\n

\n

Interval (m)1<\/sup><\/b><\/p>\n<\/td>\n

\n

Au (g\/t)<\/b><\/p>\n<\/td>\n

\n

Prospect<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

NFGC-22-681<\/b><\/p>\n<\/td>\n

\n

\n116.80\n<\/p>\n<\/td>\n

\n

\n121.00\n<\/p>\n<\/td>\n

\n

\n4.20\n<\/p>\n<\/td>\n

\n

\n17.87\n<\/p>\n<\/td>\n

\n

\nKeats West\n<\/p>\n<\/td>\n<\/tr>\n

\n

Including<\/b><\/p>\n<\/td>\n

\n

\n116.80\n<\/p>\n<\/td>\n

\n

\n117.25\n<\/p>\n<\/td>\n

\n

\n0.45\n<\/p>\n<\/td>\n

\n

\n15.90\n<\/p>\n<\/td>\n<\/tr>\n

\n

And including<\/b><\/p>\n<\/td>\n

\n

\n120.30\n<\/p>\n<\/td>\n

\n

\n121.00\n<\/p>\n<\/td>\n

\n

\n0.70\n<\/p>\n<\/td>\n

\n

\n68.80\n<\/p>\n<\/td>\n<\/tr>\n

\n

NFGC-22-686<\/b><\/p>\n<\/td>\n

\n

\n100.50\n<\/p>\n<\/td>\n

\n

\n111.00\n<\/p>\n<\/td>\n

\n

\n10.50\n<\/p>\n<\/td>\n

\n

\n10.36\n<\/p>\n<\/td>\n

\n

\nKeats West\n<\/p>\n<\/td>\n<\/tr>\n

\n

Including<\/b><\/p>\n<\/td>\n

\n

\n101.30\n<\/p>\n<\/td>\n

\n

\n102.55\n<\/p>\n<\/td>\n

\n

\n1.25\n<\/p>\n<\/td>\n

\n

\n43.84\n<\/p>\n<\/td>\n<\/tr>\n

\n

And including<\/b><\/p>\n<\/td>\n

\n

\n103.05\n<\/p>\n<\/td>\n

\n

\n103.45\n<\/p>\n<\/td>\n

\n

\n0.40\n<\/p>\n<\/td>\n

\n

\n88.20\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Table 1: Keats West Drilling Highlights<\/i><\/b><\/p>\n

1<\/sup><\/i>Note that the host structures are interpreted to be steeply dipping and true widths are unknown at this time<\/i>.<\/i>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 2m consecutive dilution. 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.<\/i><\/p>\n