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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 16, 2024 8:06am
65 Views
Post# 36090981

RE:3D Implicit Modelling of QWN

RE:3D Implicit Modelling of QWNBased on the originating feeder systems of these orogenics, the gold content would be expected to get richer the deeper you go down .

This is what we see at Fosterville and our surface grades are already several times richer than Fosterville .

The implicit 3D modelling of QWN must have been diagnostically affirming in order to conduct such a broad scale 3D Seismics down to 2.5 km with side tracking already set up to test the multiple structures that had been high lighted.

With a tolling agreement secured, all that remains is trial mining of the topsides to provide best quality PEA resource and grade estimates

AIMHO

GLTA
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