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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 Malpeque2on Jan 29, 2022 8:38am
258 Views
Post# 34374154

1 oz per ton

1 oz per ton Would be a bit better than Fosterville current production and about the best gold grade mine in the world.    Not as good as SWan Zone but Fosterville is pulling from a few different zones in the mine in order to deliver the results we see currently. 

I use 10g/tonne as is both looks reasonable close to the average at Golden Joint and in general is a decent profitable grade above the average of an undeground mine in the world today. 


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