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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 megacopperon Oct 13, 2021 6:43pm
166 Views
Post# 34003214

RE:RE:RE:RE:Bigger bids coming back in on NFG

RE:RE:RE:RE:Bigger bids coming back in on NFG

diabase1 wrote: Mega, the potential is there that the 'fault' that joins up the Keats Zone on the Appleton Fault with the H Pond Zone on the JPL Fault will contain continuous gold!! 

 

 


The Rock Doctor thinks that is entirely possible. I'm here talking to him about that now and he agrees there could be cross cutting faults. It definitely happened down towards the south around the great bend and further south where the faults were offset so something happened geologically years ago to cause that which would definitely allow a lot of fluids to come to surface and allow the gold to precipitate out. He keeps going on about that entire region to the south. I think NFLD, ROX, SIC and BEX have ground covering a lot of these faults further south.



He thinks there definitely would be a lot of faults cross cutting between the Appleton Fault and the JBP Fault as well but it's no easy task finding them but  perhaps the Lotto Zone is one. That drill keeps moving away from the Appleton Fault on each of my visits. I don't think anyone knows for sure. So much overburden across the entire region  


I think NFLD has some really good ground down there to the south and I heard they picked up some of the frozen claims around LAB's Kingsway property so NFLD might come back into play again soon. Who knows for sure but the NL gold play is only in the first couple of innings of the ball game and it wouldn't surprise me if someone besides NFG made a big discovery. We are all assuming Queensway North is the best but we just don't know that because there hasn't been enough advanced exploration work on any of these other properties. It will take years before we know the extent of all of this high grade gold. There sure is a lot of it kicking around. Fun times. Too bad investors are so impatient but that will give some of us more seasoned guys the upper hand. Yeah right. Lol
 

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