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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 > Pine Cove Mill Is State of the Art
View:
Post by nozzpack on May 17, 2024 5:51am

Pine Cove Mill Is State of the Art

The mill has enormous processing capability, including circuits for base metal productiin and Copper, having been modernized , expanded by Anaconda

This was put in place for the for the Deep Water Port being an import and export Center for metal concentrates...the Hub and Spoke Business Model for which Firefly is now a customer and proponent.

With high copper prices and the Nugget Pond copper mill of Firefly needing upgrades, high copper prices might cause Firefly to begin early mining of copper at its Ming copper mine which is right alongside the Pine Cove Mill .

Unless the tolling MOU with MAE has been signed by NFG, it is not binding on MAE.

Every thing is in place for Firefly to resume mining copper, as the Ming mine was operating as late as 2023 .
 

Things are moving very quickly ..

AIMHO

GLTA



Pine Cove Mill Automation NR

https://www.linkedin.com/pulse/anaconda-mining-canadian-firm-completes-mill-automation-

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