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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 7:01am
150 Views
Post# 36115835

Does the KMZ trench have millions of ozs?

Does the KMZ trench have millions of ozs?No, it doesn't but it probably has 100,000 ozs of easily exploitable, high grade gold.  That is $230 million USD gross value.  They can make some money off of that.  They can probably make again as much off the Iceberg trench.

If you have high grade gold underneath your boots and you need money you start busting rock!  Duuhhhh!
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