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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 megacopperon Sep 08, 2021 8:24am
204 Views
Post# 33823908

RE:RE:The News is in

RE:RE:The News is in

goldanalyst wrote: not spectacular but decent results out of lotto zone
keep on drilling NFG! Just the first inning here

 


The main vein at the Lotto Zone has been almost doubled to a depth of 200 meters and the physical footprint of this zone is huge. It's growing in size which is the most important thing. Any other company that would hit almost 4 oz/t would be jumping up and down with excitement. This is spectacular gold grades. Not mind blowing grades like previous news releases but still significant all the same and the important take away from this news is the zone is growing in size in every direction and at depth. I'm extremely happy with this news release. 

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