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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 megacopperon May 04, 2021 3:28pm
235 Views
Post# 33125139

Billions of dollars of gold near surface

Billions of dollars of gold near surface

I think investors have finally figured out what most of us here have known for several months. NFG's Queensway property has billions of dollars worth of gold near surface so it is a rare and very valuable high grade gold discovery. I really think the best is still to come.


It's my view that all of these zones are connected deeper down most likely high grade offshoots from the Appleton fault. They haven't released any results from the Knob Zone yet but they reported in the Management Discussion and Analysis that they had 16 holes drilled so that was probably a couple weeks ago. They showed the Knob Zone dipping to the north towards the Keats Zone. Meanwhile the Keats Zone has been confirmed with drilling to be dipping towards the south. I sure hope these two zones come together deeper down. So far we have three zones spread over 5 or 6 km. Actually it's 4 zones if you include the Sunday Zone which is near the Lotto Zone 2 km north of the Keats Zone. Wow is all I can say. What an incredible high grade gold discovery. It's a Voiseys Bay worth of gold!!!

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