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New Found drills 198 g/t gold over 2m at Queensway, shares up

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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- Gold explorer New Found Gold today reported a high-grade interval the company has drilled at its Queensway project in Newfoundland and Labrador.

VP of Exploration Melissa Render commented, “Drilling at K2 has led to the discovery of a significant gold-bearing structural zone with a large and growing footprint that includes an array of veining and strong associated gold grades. Like Keats West, K2 is located west of the AFZ and gold is generally hosted in a low-angle, gently dipping structure, with the majority of mineralization found close to surface.

 

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