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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 19, 2021 6:20pm
191 Views
Post# 33884949

RE:RE:RE:RE:RE:“Mind the Gap”

RE:RE:RE:RE:RE:“Mind the Gap”

AUSTIN48 wrote: Thank you for a fantastic reality check as we witness the share price erode.
I have bought more this week when cash permits i will continue to increase my position.
Pondering this morning the "what if's"like a 4th discovery larger than Keat's.
As QH states these are early days.




 


They will find a lot more gold. They have only partially drilled a 2km section of a gold system that stretches the entire length of the 90 km Queensway property. And they have extended 3 gold zones to a 200 meter vertical depth which most likely go to a depth of 1000 meters and beyond. Yet to be determined but highly likely the gold system goes down very deep. And all of this on the Appleton Fault and they also have a sniff of high grade gold on the JBP Fault which also extends the entire length of the property. Absolutely huge potential and already dozens of extremely high grade gold intersections announced over the past year. The best is yet to come. Still very early in the discovery phase of this property. 

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