Chester H. Pond

New Found Provides Exploration Update and Provides 3D Modelling of Keats-Lotto Trend

Retrieved on: 
Thursday, August 12, 2021

Nine drills are currently running on Queensway north, eight on the Appleton fault zone and one on the JBP fault zone.

Key Points: 
  • Nine drills are currently running on Queensway north, eight on the Appleton fault zone and one on the JBP fault zone.
  • To date a total of 301 holes have been completed, totalling 75,025m or approximately 37.5% of the planned 200,000m drill program.
  • Two drills are turning at the newly discovered Golden Joint, while one drill is continuing step-outs at Lotto.
  • New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador.