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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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

New Found Gold Corp > Beat this
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Comment by JRafflesUKon Sep 29, 2023 1:00pm
87 Views
Post# 35662029

RE:RE:RE:RE:RE:Beat this

RE:RE:RE:RE:RE:Beat thiswhy isn't NFG raising enough money to build their own mill and mine it?

The rationale seems to be to proceess ore in the ground as soon as possible in order to demonstrate the money making qualities of the grade.

The building and permiting a mill would cause long delays and it would be best delayed until the most viable location has been located.


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