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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

Comment by megacopperon May 12, 2021 11:19am
167 Views
Post# 33182642

RE:RE:RE:What The......?

RE:RE:RE:What The......?

AlwaysLong683 wrote:
mega, yes I remember......at the time LAB was already inside the barn, but I didn't expect NFG to do what they did today re. NFLD and you did, so hats off to you my friend......

I wrote a post on the SIC board asking if SIC will be left out of the apparent NFG rollup......?.......One thing both LAB and NFLD have going tor them is they have claims adjacent to NFG's whereas SIC's claims appear to be detached and to the west of NFG's claims package (please correct me if I'm wrong), so perhaps they are not part of the plan....? Then again, I didn't think NFLD was part of the plan, so perhaps you'll run the table and SIC will join the party......?



 

I do think SIC will join the party. They have identical mineralization to that of NFG. You saw the drill results over the past few years. They have had fantastic assay results. But like you say they aren't on trend (Appleton fault) with NFG so investors aren't showing them the love they deserve. The Mt. Peyton granite complex came up through the middle of all the favourable geology. So the orogenic type mineralization has been confirmed in the drill core on the Moosehead property on the other side of Mt. Peyton. Like I have said all along I like SIC, LAB and NFLD. And obviously Eric Sprott and NFG management like them too. 

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