Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Press release
View:
Post by Retiredgeo on May 31, 2023 7:41am

Press release

The number of gold veins on the east side of the Appleton fault continues to grow.  The map is turning into a mess of red lines.  I'm beginning to think that open pitting the entire KMZ-Keates North-Iceberg- Keates West area will be the way to go.  Some of the larger, richer veins can be pursued to depth by underground methods.  I shall not be surprised if both sides of the AFZ are mineralized in this manner down the entire length of the property.  Reading between the lines, I think that they are now in a hurry to prove this.

While it is true that they encountered minalization along the KBF far to the northwest there are a number of dead holes in between.  Their new aggrsssive approach comes at a price.

Over at Keates West the number of minor faults has increased.  All of the gold veins remain shallow and fairly flat but they have been broken up and moved around.  This will make any gold calculation far more difficult.  I would like to see them punch some deep, vertical holes to determine just how deep the mineralized layers go.
Comment by Retiredgeo on May 31, 2023 7:43am
Sorry, Keates should be Keats. Old habit!
Comment by Global1966 on May 31, 2023 8:58am
The strategy for the future will be interesting. Capital raising and another 12 months of drilling is my bet
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities