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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. The Company is 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 an 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Post by nozzpackon Jul 26, 2024 7:49am
135 Views
Post# 36149394

Aide Memoire to geo@3987

Aide Memoire to geo@3987Surely you must know that the largest open pit gold mine in Canada is orogenic and that's its average mined grade is just 1 gram per ton .
N'cest pas ?

Its Detour Lake which has produced well over 5 million ounces since opened in 2013 and still has over 20 million ounces in its gold pantry and still counting.

There are substantial others in Canada too....

Perhaps you might inform the Detour Group that your analyses of the current 20 million ounce Resource that their masterclass open pit mine contains, indicates that those 20 million ounces cannot be economically mined.

Copy their reply on this BOD but leave out all curse words..


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