Dr. Quinton Hennigh Compares New Found’s NFG.V Queensway Project to Kirkland Lake’s Fosterville Mine
Over the weekend, Dr. Quinton Hennigh recorded the video linked below to explain the genesis of an epizonal gold deposit.
At the time Kirkland Lake acquired Newmarket and its Fosterville Mine, the Swan Zone at Fosterville was in an early stage of discovery.
The epizonal model for high-grade gold emplacement in an orogenic system was not widely understood. Quinton’s recognition that newly intersected high-grade gold in the Swan Zone was epizonal in nature implied to him that the Swan Zone had significant size potential for high-grade gold resources and was the basis for his strong recommendation to Kirkland Lake that they proceed with the acquisition.
Following a review of photographs of core from New Found’s Queensway project, Quinton concluded that the high-grade gold mineralization intercepted in New Found’s hole NFGC-19-01 was epizonal in nature – almost identical to what he had observed at Fosterville’s Swan Zone.
He concluded that Queensway had the potential for a significant high-grade, near-surface discovery and proceeded to negotiate a $15 million investment by Novo Resources, which he founded and Chair’s, into New Found.
Ongoing fieldwork at Queensway has continued to bolster the conclusion that the high-grade gold at Queensway has an epizonal genesis, supporting New Found’s very successful IPO and increase in market valuation post-IPO.
For further information visit:
https://www.newfoundgold.ca
TSX-V:NFG
-
1:14:12
Palisades Gold Radio
24 days agoMartin Armstrong: The Hidden Cost That Could Devastate Equities, Real Estate & Long-Term Investments
32.2K17 -
DVR
The Dan Bongino Show
2 hours agoThe Secret Service Has A New Leader, Same As The Old Leader (Ep. 2295) - 07/26/2024
182K535 -
LIVE
Benny Johnson
1 hour agoI Just Left The Trump Assassination Site | The TRUTH Is Far Worse Than You Can Possibly Imagine
15,798 watching -
1:04:15
Steven Crowder
3 hours agoThe Kamala “Surge” Myth: Should Trump be Worried?
146K220 -
UPCOMING
Film Threat
19 hours agoDEADPOOL & WOLVERINE PROVES MALE AND PALE IS MONEY!!! | Film Threat Livecast
554 -
2:58:18
Wendy Bell Radio
6 hours agoIt Won't Be Kamala
52.6K70 -
UPCOMING
Midnight's Edge
2 hours agoDisney's Gina Carano loss, and Deadpool & Wolverine Win! | MEiTM #592
150 -
LIVE
Caleb Hammer
16 hours agoVile Cheater Steals Married Men And Loses Everything | Financial Audit
573 watching -
LIVE
Tactical Advisor
1 hour agoBest Do It All Rifle & RMA Armor - Vault Room Live Stream
282 watching -
1:33:20
The Podcast of the Lotus Eaters
6 hours agoThe Podcast of the Lotus Eaters #965
35.2K22