Highlights from recent drilling at Lotto North include intervals of 37.36 grams gold per tonne from 69.45 to 71.5 metres depth in NFGC-22-690, 33.79 grams gold per tonne from 74.6 to 77 metres depth in NFGC-22-661, and 22.18 grams gold per tonne from 49.8 to 52 metres depth in NFGC-22-717, the company said in a news release on Wednesday.
Lotto is part of the Vancouver-headquartered junior’s larger, 100%-owned Queensway gold project, about 15 km west of Gander, N.L. The company has completed about 74% of a planned 400,000-metre drill program, exploring prospective segments of the Appleton Fault Zone, west of Lotto. Assay results for about 60,000 metres of core remain pending.
Melissa Render, New Found’s VP Exploration said the reconnaissance drilling has been designed to find new discoveries within the more than 200-metre-wide window surrounding Appleton.
“The program is working, adding more discoveries along this 3.2 km-long…
