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.

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New Found Gold Corp > Question on Drilling

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Comment by likeikeon Jun 08, 2021 10:37pm

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Post# 33353149

RE:Question on Drilling

You are only limited by your equipment or if get into some really hard rock.

1000 has been bandied around but could be 2000.

The bedrock in the area has been only touched by Noranda.

Peter Dimmel was one that was in on that hole and he said it

cost them a lot for just one hole. Cannot remember how deep it was.

Remember however we are not drilling straight down.

Keats has 30 degrees angle on its cache but ..... IKE

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