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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 BladeMasteron Mar 22, 2024 12:29pm
138 Views
Post# 35947391

Don't be WEAK... the 1st Deep Hole Drill Results OTW...

Don't be WEAK... the 1st Deep Hole Drill Results OTW... A confirmation of grades extending to depth will provide NFG & investors with data needed to model out the structures along the AFZ...

We'll be able to estimate ounces (crudely), AISC, Profitability, etc... ES is banking a HUGE discovery, and I'm betting he's right (Holding 188k shares @ $5.5 across family accounts)

We all know the surface grades (up to 250 meteres)  are equal or better than anything discovered at Fosterville so far ~ Should grades extend beneath another 1KM to 2KM, SP could easily run 5X

Personally, I think they will find concentrations of gold that will blow our minds, Nuggets by the kilo, just watch... 
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