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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

Comment by Global1966on Aug 24, 2021 7:51am
134 Views
Post# 33753669

RE:Delineating and ore body

RE:Delineating and ore bodyI think they have news but just choosing a time to release it. They have to come up with an initial resource. This isn't necessarily the full orebody. Depth will be a crucial factor because if it goes down to say 1000 metres at Keats, the ounces and grading will be thru the roof. Note that Fosterville only starts at 1000 metres. Assay labs are backed up everywhere but it doesn't fully explain the lack of results over the past 2 months, 2 and a half months at Keats.
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