RE:NYSE Listing
AUSTIN48 wrote: Expected 1st Quarter of 2021 with 75 million in the bank and 10 drills turning this is coiled for lift off.
Yes there is nothing but positive things happening with NFG. Everything is pointing to a very valuable high grade gold deposit. All we need to do is sit back and let the drills to the talking. With that much gold kicking around you know they will find a lot more. One drill is over on the Knob prospect on the other other side of the highway where Noranda drilled years ago. Of course they only drilled to a depth of 50 meters. And a couple km's to the northeast you got the Keats Zone with a few drills turning there and another couple km's further you have the Lotto Zone with at least one drill there. So basically you've got a 5 km strike length with high grade gold confirmed with drill results either from recent drilling or past drilling by Noranda and Rubicon. I haven't heard anything else on the Sunday Zone which I think is a few hundred meters northwest of the Lotto Zone but I stand corrected on that because Not much has been reported on that one.
There are so many different zones that I'm thinking they must all be connected deeper down. It's my guess that all of these zones are offshoots from the Appleton fault deeper down but until it's confirmed with drilling it is just a theory. And parallel to all of this there is the JBP fault offset about 5 km to the east which has several gold prospects. It's crazy how much high grade gold is being found near surface between these two faults. If this continues at depth to 1500 meters deep like the similar gold system at Fosterville New Found Gold will need accountants hired on to add up the millions of ounces of gold. What an incredible gold system.