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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 Retiredgeoon Jun 16, 2024 11:06am
102 Views
Post# 36091077

RE:RE:Fosterville in Bullets

RE:RE:Fosterville in BulletsLet's not forget that Fosterville is a gold mine and the Queensway property is a gold district.  Considering that <5% of Queensway has been explored in any meaningful way down to 400 m it can host many Fostervilles just as the Abitibi district has hosted many Dome mines.  NFG is still just scratching the surface of what is there.  It is a damn shame that the last 3 years have coincided with the biggest slump in Canadian mining stocks in the last 50 years.  We are ever so slowly pulling out of it.  The GDXJ has risen from $35 to $45 over the last year.
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