Drilling around last year’s discovery hole at the Keats zone within New Found Gold’s wholly owned Queensway gold project in Ontario has returned long intervals of high-grade gold.
As the developer prepares its PureGold mine in Ontario for a first gold pour by year-end, the company has reported high-grade intercepts from its 30,000-metre infill and step-out program.
The company has developed a proprietary thermochemical purification technology that it says is very effective at purifying larger particle sizes and will allow it to produce high-purity, carbon-neutral graphite flakes.
Using high-performance, reliable, low-latency private wireless connectivity between the van and Nokia drones, emergency responders can understand what’s happening in critical situations in real time.
The results were highlighted by hole GS-20-75, which hit 1,152 metres of 0.74 g/t gold-equivalent (0.57 g/t gold, 1.75 g/t silver and 0.1% copper) from 112 metres.
The latest intercepts indicate a “large zoned and significantly enriched copper-gold envelope at Gate,” which would be typical for porphyry-hosted mineralization, the company said.
