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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Post by wajacon Aug 20, 2022 10:08pm
375 Views
Post# 34909766

lots of activity!

lots of activity!
I drove by Newfound Gold this afternoon. Even though it's Saturday the place is a hive of activity. Perhaps they're all setting around drinking champaign at ES's expense, eh? On the way to Newfound Gold  I drove by Labrador Gold. Same thing lots of activity. Again drinking champaign on ES's dime I guess!  Truth of the matter is these companies are moving full steam ahead, i.e. gettingthe job done.The results will come, when the results come! 

Most  companies in the area are waiting for assays of one kind or another. Labrador Gold has a 100000 meter drill program and they issued two sets of drill results this summer. Other companies are waiting for assays from grab samples. It's the same in the rest of the country. One company executive said he used to be able to source a drill in one week. Now, he added, it takes a minimum of three months....if you can find one!


 And on it goes. It's all part of the great supply chain snag, a world wide phenomenon!
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