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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 nozzpackon Jun 14, 2024 1:43pm
84 Views
Post# 36089569

RE:RE:Sidetracking targets being drilled were well defined

RE:RE:Sidetracking targets being drilled were well definedThat is a very sinsightful comment.


Sidetracking to extend the shallow auriferous structures infield or those structures that had high prospectivity but not drilled could reduce infill drilling costs and in step outs, increase total shallow gold resources.

However, the primary current objective is to get some form of production under way at the high grade KeatsTrench.

The next two weeks could be interesting..
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