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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 21, 2021 3:53pm
200 Views
Post# 32847393

RE:RE:Knob target 2km south of Keats Zone

RE:RE:Knob target 2km south of Keats Zone

likeike wrote: Northern Miner article has me stoked and I have only read it twice.

It is the most complet article I have read and current on this last week.

Peter Dimmel I think could speak for Noranda very well but I am sure 

they just had no idea what they had happened upon. I think QH was 

still in school doing a paper on the witswaterand at the time.

It still reminds me what they asked him (QH) at Fosterville 7 years ago

and he told them to just drill  deeper.     IKE

 


Lucky for NFG that past exploration companies missed the sweet spot and didn't understand the geology and orientation of the veins. Noranda only drilled to a 50 meter depth back in 1994. I am excited for what will be found deeper down and in other areas of the property, especially with all of those anomalies on the Queensway South near Eastern Pond. If they hit on Queensway South then the sky is the limit for NFG. 

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