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 > Canada’s Top Ten Precious Metals Juniors

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Comment by BlindBoyon Jul 08, 2021 8:32am

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Post# 33510925

RE:RE:RE:RE:RE:RE:Canada’s Top Ten Precious Metals Juniors

diabase - " My point is that NG only has 18M oz, not 36M oz and I don't think Donlin is a public company, so you can't buy shares. "

Jeez ... are you kidding? Novagold is the name of the company. It's been around for many many decades. Barrick now shares ownership with Novagold in Donlin.

And the resource is indeed 39 million ounces of gold (low grade) M&I , and orebody has been common knowledge for decades.
(Similar type of story for Seagate ... huge low grade resource which has been known for decades).

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