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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 Kewl002on Jul 06, 2021 11:54pm
177 Views
Post# 33503868

RE:RE:Road, Sunday, Cokes results

RE:RE:Road, Sunday, Cokes results Question on the video -- when Denis indicated (toward the start of his portion) that NFG has drilled into the Appleton Fault itself (w/rich assay) he indicated that having mineralization within the fault itself puts a different perspective on the potential.

What does he mean by this? What are the implications of a richly mineralized core coming directly from the fault itself. The way he said the comment, it left me with he impression that this is unusual and therefore exceptionally good?

Would appreciate any comments that might shed light on the above.

BTW - I used the price weakness today to buy a second position in NFG. Agree with whomever suggested it, that today's PR may well have been a summary for potential US investors so that they can get up to speed quickly when the US listing begins. IMO - a very impressive PR with significant detail for deep pocketed investors.
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