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 > Mining our property

<< Previous

Bullboard Posts

Next >>

Comment by Beaubieon Jul 04, 2021 10:27am

275 Views

Post# 33490586

RE:Mining our property

The geology may cause but the logistics will not. The Keats find is only 15 from Gander. Gander access to a highway, international aiports and the town itself had the infrastructure in place to handle growth.

This makes it a lot cheaper to mine than a "remote" mine.

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features