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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Comment by megacopperon Mar 13, 2021 11:51am
213 Views
Post# 32792847

RE:RE:RE:Investor information on NFG

RE:RE:RE:Investor information on NFG

likeike wrote: I fully expect the Keats Zone to surpass the Swan Zone valuation and that is just that one zone. And remember it was the Swan Zone that took KL's valuation from 2.4 billion to 16 billion in a 3 or 4 year timeframe. This discovery by NFG is very rich folks!!! 


That is one pretty rich call Megacopper...I will have to think how you 

figuired that one out......did you get help? IKE

 


Well all available information is out there but I'm going to make it easy for you guys and post a few links so you can put the pieces of the puzzle together because this story at the Queensway property in Newfoundland has already been told in Australia at the Fosterville mine. However, the great news for NFG shareholders is that our future high grade gold mine won't be 1200 meters plus underground, it will be a near surface high grade gold mine.

As best I can tell the Swan Zone at Fosterville had a total of somewhere between 3 and 4 million ounces of gold but of course they are in production so that number has dropped and appears to be less than 2 million ounces presently.  I calculate that the Keats Zone at Queensway already has roughly 2 million ounces based on available drill data and that number will increase drastically very soon if NFG continues to hit intersections similar to the last couple news releases. I'm predicting at least 5 million ounces at the Keats Zone alone and that is being conservative. They have only begun to scratch the surface at Queensway. This deposit is rich and the ounces are adding up quickly. Once the market catches on the share price will move much higher. 

 

https://smallcappower.com/analyst-articles/new-found-gold-kirkland-lake-gold-stock/

https://investingwhisperer.com/is-fosterville-south-fsx-tsxv-the-next-kirkland-lake-gold/
 

https://www.australianmining.com.au/features/kirkland-lake-unearths-golden-era-fosterville/

 

https://amcconsultants.com/experience/kirkland-lake-fosterville-gold-mine/

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