NGD update from earlier today"We tried to maximize the size of the land positions that we have, because in a New Gold district, nobody really knows where all the gold came from. We know that it’s statistically unlikely that you find a 4 or 9 million ounce deposit and there is nothing else in the region. So you steadily built up the size of our land position where Blackwater is now over 1,000 kilometers, Rainy River about 169 square kilometers. We've identified lots of additional targets in the region and we have drilled that work."
https://seekingalpha.com/article/1691842-new-golds-management-presents-at-bank-of-america-merrill-lynch-19th-annual-canada-mining-conference-transcript?page=2