NFG Bonanza Gold Discovery (Low Cost Open Pit) Given the history of Macassa, is Makuch & KL buying into one of the highest profile high grade near surface Canadian Gold discovery........New Found Gold (NFG)???
Given the recent rapid rise of NFG's price, it's likely that some major Gold miner is accumulating.
Location, location.....18 km's from Gander International Airport which rarely happens.
Recent drill results of 3.65 oz's Gold over Open Pittable depths of 40 metres & 80 metres respectively, with spectacular bonanza gold grades of 3.85 oz's Gold over 15 Feet and gets more robust at the 80 metre depth of 3.6 oz's Gold over "58" Feet which indicates a very rich "continuous" Gold grade at depth "Open Pit" Gold deposit in the making.
Looks like a solid Gold profile discovery for KL.