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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

Post by Lafajeton Mar 22, 2021 8:53am
148 Views
Post# 32849016

Time frame

Time frame Would be interesting to know which timeframe they are expecting. I think this will depend on many factors, specially on the individual results and the progress. From the Northern article : "The exploration focus this year will be to accelerate its grid drilling program along 5 km of strike on the Appleton fault zone and test targets along 3 km of strike on the parallel JBP fault zone. So far the companys drilling has been quite shallow roughly 150 metres vertical depth at Keats and about 100 metres at Lotto"
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