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Post by likeike on Jan 10, 2024 11:51:36 GMT
ca.finance.yahoo.com/news/found-makes-first-high-grade-113000210.html
Melissa Render, VP of Exploration of New Found, stated: “Our first pass grid drilling reconnaissance program working north of Jackpot intersected a near-surface, brittle fault with characteristics similar to the other epizonal high-grade gold-bearing faults found along this segment of the AFZ. In following this structure to depth, we are finding that Honeypot is delivering encouraging high-grade results over significant widths. There is limited drilling in this area and we are eager to expand upon these high-grade results as we kick off our 2024 drill program.”
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Post by likeike on Jan 10, 2024 12:21:04 GMT
newly discovered Honeypot Zone located 230m north of Jackpot
Then exploits discovery says NFG's Jackpot mineralized trend is located within 200-300 metres of the Bullseye claim boundary.
Man we knocking on each others doors? help me out guys
ca.finance.yahoo.com/news/exploits-commences-drilling-target-area-110000924.html
"With the success at NFG's Jackpot, its close proximity to our Bullseye's eastern border, and the various second order faults that appear to track from Jackpot onto the southern region of Bullseye gave us confidence that south Bullseye is a compelling high-priority drill target. Therefore, we decided that now is the time to start the new drill program targeting the potential extension of Jackpot."
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Post by likeike on Jan 10, 2024 17:26:19 GMT
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Post by likeike on Jan 10, 2024 17:31:51 GMT
The guy that posted the queensway project map must have inserted Honepot himself as it is in error. Honeypot is 230 m north of Jackpot and is south
of Everest.
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Post by likeike on Jan 10, 2024 22:56:02 GMT
@coolmintkev NFG announces results closer and closer to this property, this is getting fun. Does anyone remember Paycore Minerals next to I-80 Gold recently. Paycore announced a drill program and 5 days later were bought by I-80 Gold. Not saying it's gonna happen but with a majority of this Exploits Discovery Bullseye property receiving seismic and now a 10 hole diamond drill program, it can be picked up for pocket change! I'm taking a gamble... also what intrigued me for the #stockpickingcontest. One drawback I can see is if this dips deeper beyond the planned 250 meter depth they are targeting or we miss the structure and have limited funds for continued drilling. Certainly need input from those on here with a geo background.
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Post by likeike on Jan 10, 2024 22:57:36 GMT
@gollygee SGD won't be mined for a decade minimum once they figure out the infrastructure and capital cost. I'm betting NFG will start producing in 2025 or 2026 at a scale to make it self financing until permanent infrastructure is built.. 4 41 minutes ago
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