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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 5:21pm
240 Views
Post# 32847557

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

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

likeike wrote: I believe nobody was looking for orogenic gold at that time nor were there any geos that

could have wrapped their heads around it.

Now that the have the angle of the chute at Keat's it will be interesting to see how close

the orientation is at other zones. The closer they are the faster they will find them.

If even close to consistant it will be good for the other companies as well?

What do I know? IKE

 


Yes the geologists like Quinton Hennigh have sure figured out these types of orogenic gold deposits. They are hitting high grade gold deeper down the last few holes at the Keats Zone which gets me excited. So now they are drilling on the Knob Zone, Keats Zone, Lotto Zone and the Sunday Zone. And that is only what we know about. Wait until they start drilling at Queensway South and all the targets they have got down there near Eastern Pond. Absolutely huge potential throughout the 115km of the Queensway South and Queensway North properties. So far they have only been focused on a 5km length of the Appleton and JBP faults at Queensway North. Can't wait until they drill all the other targets. Incredible high grade gold discovery!!!

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