EXPLORATION & DEVELOPMENT

New Found Gold hitting Queensway discovery hard

New Found Gold has announced assays from the first hole of a recently initiated 100,000m drilling programme at its Queensway gold project near Gander in Newfoundland, Canada, which it says indicates a true greenfield discovery.

 Core from Keats (left) at Queensway in Newfoundland, Canada and from Fosterville (right)

Core from Keats (left) at Queensway in Newfoundland, Canada and from Fosterville (right)

Two separate near surface intervals at the Lotto zone intercepted intense quartz veining with sulphide and visible gold, returning 4.75m grading 41.2 grams per tonne and 5.15m grading 25.4g/t. The Keats...

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