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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 AlwaysLong683on Jul 29, 2021 12:56am
126 Views
Post# 33619519

RE:RE:Lab results from anybody?

RE:RE:Lab results from anybody?
AlwaysLong683 wrote:
 

1) No obligation to Report All Assay Results.

Someone please correct me if I'm wrong, but I don't think a gold exploration company is required to report all the assay results they receive via a press release. If this is the case, it may very well be that some of these companies have received who knows how many mediocre results and have decided not to issue a a press release detailing those results.....?



Another possibiliy re. the above comment is perhaps gold exploration companies may be obligated to publicly report all assay results they receive, but not necessarily right away, so they may wait until they get results that are promising, then release the whole lot in a PR with a headline emphasizing these best result(s) in the title of the PR, requiring readers to dig through the document to discover what all other cores bared.....?

Again, does anyone know the actual rules for assay results reporting in Newfoundland / Canada.....?



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