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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 Jan 10, 2023 8:54pm
197 Views
Post# 35214787

RE:RE:RE:you guys and gals are getting spoiled

RE:RE:RE:you guys and gals are getting spoiled

Retiredgeo wrote: These veins tend to blow out and enrich where they intersect.  Those are the jewelry boxes that they are looking for.  They are following and mapping out the veins.  The vein set is now 630x180 metres and open in all directions.  Not every press release is going to give you a jewelry box!



 



Well said. They already have several jewelry boxes along a very small strike length of the Appleton Fault. They have only explored less than 10% of the strike length of the fault and mostly only on the eastern side of it and only at shallow depths. Hello. There will be more jewelry boxes. It's difficult and expensive to drill this type of gold system and it takes a lot of time and hard work by a lot of people but the rewards are enormous. Once this thing goes into production it will be a license to print money similar to Fosterville. Patience people.

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