New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp

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Post by lithomonon Apr 23, 2021 3:37pm

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Post# 33056882

NYSE Listing & 7.6 OZ's Gold Drilled over 23 Feet

Looks like NFG will fly by my initial $10 price target when the Company IPO'd.

With "infill" drilling of well over 7 oz's Gold over almost 24 Feet is clear indication the Gold is in the ground at relatively near surface (Open Pit mining methods) and at depth (underground mining). The best of both world's in any new mining discovery development.

In terms of share price, the sky is the limit now.......

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A PGM mining stock with value written all over it