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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 Mar 04, 2022 10:23am
147 Views
Post# 34482985

Size Matters

Size MattersJust ask IKE.   

Funny,  the company has said they have 800m strike by 400m deep.   A cubic meter of solid rock is about 2.8 tonnes per meter.  

I see all the high grade intercepts.    They look about 3-4 meters thick on average.     I used 4 meters.       I used an average of 10 gramms per tonne,   and added a bit for the other veins hit in some of the drills,  that are smaller and lower grade.    28 grams make an OZ.

Yet Ike calls it misinformation.      Keats they give a scatter plot diagram.  For the drill intercepts.
With the last 3 PR's on the drill assays.   Anyone can look at it and ballpark and average,  it is color coded.......by grade.
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