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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Comment by Retiredgeoon Sep 09, 2021 7:29am

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Post# 33830007

RE:RE:RE:RE:Bottom line

For the record ladies and gentlemen the Swan zone at Fosterville is 2-5 m in width (the famous photo of the miners standing in front of the white vein). Sometimes they blow out, like at Keates, but that is probably the exception, not the rule. These epizonal gold zones are thin by definition (narrow vein mining).

You cannot count on larger widths at Lotto or elsewhere. The big questions are how wide, how deep and how rich? Lotto is open in all directions.

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