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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 Jul 01, 2024 5:21pm
78 Views
Post# 36113621

RE:Wondering

RE:WonderingWhere did you get that figure? (I have a lot of people on ignore). There are no resource or reserve figures, just guesstimates of how much gold there might be.  Furthermore, this is underground mine country.  There will be some small open pit mines to start but most of the gold will be extracted by shaft and drift, just like at Fosterville.
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