Exploits Engages HiSeis for Interpretation of Seismic Data on its Bullseye Property [Yahoo! Finance]
New Found Gold Corp (NFGC)
Company Research
Source: Yahoo! Finance
pleased to announce that it has engaged HiSeis, an industry leader in hard rock seismic surveys, for the interpretation of the seismic dataset on its Bullseye gold property in Central Newfoundland. This data was provided by the Company's neighbour, New Found Gold Corp. ("NFG"), in March 2024 in exchange for permissions to extend their survey lines through the Bullseye claims. NFG's aggressive 3D seismic survey covered 47km of its Queensway North project area that straddles the Appleton structural zone where seven high-grade gold discoveries have been announced over the past 16 months. The Company anticipates the seismic interpretation will be completed by this summer. Ron Schop, CEO of HiSeis, stated, "We are excited to be working with Exploits at its Bullseye property, with the goal to extract maximum value from the 2D and 3D seismic data that we acquired last year. Seismic is the only geophysical method today that can effectively produce subsurface data at the scale required to un
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NFGC
Sec Filings
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- 4/22/24 - Form 6-K
- NFGC's page on the SEC website