The corporate is the 100%-owner of the Queensway gold mission 15 km west of Gander. A 200,000-metre, eight-rig drill program is underway on the property. It’s centered on a 7.8-km hall alongside the Appleton fault and a 12.4-km hall alongside the JBP fault.
The invention gap on the Keats zone, discovered alongside the Appleton fault, returned 19 metres grading 92.9 g/t gold. The perfect intersection was 5.2 metres of 430.2 g/t gold from the Golden Joint zone at Queensway. One other standout got here from the Lotto zone, 5.2 metres of 430.2 g/t. Excessive grade mineralization has been outlined over 465 metres down plunge and about 200 metres vertically.
Earlier this month, New Discovered accomplished a 3-D mannequin of the Keats-Lotto development. One drill is sequentially testing a number of targets alongside the JBP fault zone 5 km east of the Appleton fault. New Discovered is engaged on an preliminary useful resource estimate for Queensway.
(This text first appeared in The Northern Miner)