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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 itsjustme1on Feb 10, 2022 1:23pm
183 Views
Post# 34417353

RE:RE:RE:RE:Assay results

RE:RE:RE:RE:Assay results
Kewl002 wrote: OK --  IR is fantastic and they respond quickly!!

Regarding the 80 cores sent to Australia......as follows:

"The company sent two holes to the laboratory in Australia, one of which has been received fully and released. The other has not yet been released, but we expect to do so as soon as we are in position to be able to. Very best,"

So the 80 cores were from only 2 drill holes -- 1 of which was reported already (with bonanza grade) and a second one that is being held for an undefined reason.

Interesting wording -- "as soon as we are in position to be able to." --> what exactly does this mean?  I've asked IR for further clarifiation.



Sounds to me like it could be a dud, but will throw it in with some later better assays. Hope I am wrong
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