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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 cybermanon Aug 30, 2021 2:57pm
192 Views
Post# 33782586

RE:RE:My question about labs being slow

RE:RE:My question about labs being slowplus the time it takes to "interpret", log and chart the results, doesn't concern me so much, it'd be great sooner but i am sure the labs are operating at full tilt, these aren't the usual mom and pop shoppes managing on down cycles for their bread and butter anymore LOL, i don't think anybody was prepared for, or could have predicted this (except maybe a few). 

considering NFGC is financed for drilling through end of 2022 there's a lot more results to come, as Denis Laviolette said, assays are processed in order of receipt and with respect for their peers, there's no rush-rush service.

this is exactly the current time that folks in a couple of years will wish they had the forsight for that we have now.

whew ! cheers !


Retiredgeo wrote: If they are like most businesses they are expeirencing labour and supply shortages and covid protocol related slowdowns.  Expanding isn't going to solve any of this!

The only good news being if there is now a 2 month lag in the system NFG's early July results should be released soon followed by a steady stream of delayed results.

Too bad that we can't continue at $12 where we left off!


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