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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 Gangstermeon Mar 23, 2023 8:53am
373 Views
Post# 35355758

Drilling

DrillingWith the drill core being analyzed and the visual interpretation of the veining, the geologists are getting a better understanding of the geological history of the area. This, combined with the seismic survey results will allow even more targeted drillling. Not to mention the seismic work will, possibly, in the very near future, point to where they might sink exploratory holes in new areas and find more potentially mineable deposits.

The seismic work will allow them to either target even deeper areas of mineralization or where there is near surface potential. Nothing being posted here will have any bearing on what the company decides, they have a goal, and I am happy to be along for the ride.
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