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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 > Was this the ground they did siemic on
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Post by Dixiedee on Apr 22, 2024 5:27pm

Was this the ground they did siemic on

Was the property that NFG would acquire in this deal was it the property that they did the siemic on I Haven't had a chance to check but I recall they where also doing siemic on property that bordered their property if this is the case they must of seen something in that 3D siemic survey results that prompted this bought out of this additional property
Comment by Retiredgeo on Apr 22, 2024 5:54pm
According to the August 21, 2023 PR they did very little seismic work on the Kingsway property.
Comment by Dixiedee on Apr 22, 2024 5:58pm
Retiredgeo do you know if they did any siemic on any of this property I recall they where doing some on property that boarded them just can't recall if it was LAB or not Inwill have to look it up when I have more time 
Comment by Retiredgeo on Apr 22, 2024 6:25pm
Please go to the home page and look up the PR.  It's all there.
Comment by Torontohomer1 on Apr 22, 2024 6:10pm
Don't think so. That would be the Exploits property (they put out a press release that they recived the data from NFG)  https://money.tmx.com/en/quote/NFLDF:US But they butt up against it and run the lenth on one side. Should be enough to data to make some resonable estimates. Obviously information was good enough that they felt it was worth a $20 mil investment. Knowledge is power ...more