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 > Swan and Eagle Zones at Fosterville

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Comment by Retiredgeoon Aug 26, 2021 3:01pm

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Post# 33770665

RE:RE:RE:RE:RE:RE:RE:Swan and Eagle Zones at Fosterville

I strongly recommend watching the video "Mega Epizonal deposits Part 1". I strongly recommend watching all four videos.

The Appleton fault is an orogenic fault created during or shortly after the collision of North America and Europe some 430 million years ago. These faults are very deep and it is generally believed that the gold bearing fluids came from very deep down.

These Epizonal gold deposits form at a depth of ~3 Km implying that the top 3 Km has been eroded away at Queensway over the last 430 million years.

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