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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 Retiredgeoon Jul 03, 2024 6:54am
140 Views
Post# 36115822

Press release

Press releaseAs I predicted a year ago they are extensively channel sampling the KMZ in 2024.  I also predicted that the channel sampling would be a prelude to surface mining of the KMZ in 2025.  We shall see.

I see the same pattern repeating at Iceberg.  "The shallow portion of Iceberg demonstrates robust grades".  Sounds like a plum that they want to pick.

Yup, the company was our greatest competitor every time the share price poked above $5 CAD.  On ther flip side the balance has declined only slightly to $54 million.
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