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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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 > Does the KMZ trench have millions of ozs?
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Post by Retiredgeo on Jul 03, 2024 7:01am

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!
Comment by Global1966 on Jul 04, 2024 7:28pm
Enough to build a small mine down the track in a few years from the 2 areas. Why bother with the big miners
New Found Gold Corp
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