“This first phase of near surface exploration drilling is complete at Iceberg East, and we are very pleased with the success of this shallow program that extended the KBFZ to 1.9 km of strike and identified new zones of continuous high-grade, near-surface gold mineralization,” said VP exploration Melissa Render.
“With only a few assays pending we are now ready to expand on what we know and target the Keats-Baseline Fault deeper down. There is currently over 1.9 km of strike to test at depth and the company will be utilizing the recently acquired seismic data to identify locations of interest within the KBFZ for immediate drilling.”
New Found has had many bonanza assays from the various zone at the Queensway project, some over 100 g/t gold.
