New Found Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway
The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.
- The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.
- New Found’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.
- View the full release here: https://www.businesswire.com/news/home/20240304736571/en/
Figure 1: Extents of the 3-D cube and 2-D seismic lines. - Based on the initial results of the seismic survey, the Company has initiated deep drilling aimed at collecting geological information that will be used to confirm the presence of structures identified in the seismic data and to further train and understand the dataset.