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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 likeikeon Mar 16, 2021 8:17am
147 Views
Post# 32805963

RE:RE:RE:Early days

RE:RE:RE:Early daysThe thing that has not been said enough is the shallow hits.

All through the Victoria region they are trying to hit these structures and especially 

those close to Fosterville. I know one  geologist personally working on them.

They are deep things and the Swan zone did not start till 7 or 8 thousand feet.

The deal here is they are hitting so close to surface. Everyone is focused on 

cheaper costs but really there is so much less groping to do on some really 

complicated structures where if you are off a couple of meters you can miss 

the whole thing.With this in mine NFG could define a resource in such quick

time it may very well snap a few geos necks. Now add to this that may be able

to go deep just following these structures at surface. What the heck?

I know if the structures are fragmentd it mite get messy but in time they 

will figuire it out. IKE
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