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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 Retiredgeoon Sep 20, 2021 2:54pm
98 Views
Post# 33887386

RE:RE:All China has to do.......

RE:RE:All China has to do.......China does not have 75% of the earth's REE reserves.  It has 30%.

It has 90% of the world's production and accounts for 80% of US REE imports because chinese labour is cheap and chinese environmental controls are non-existant.  If push comes to shove the US could reactivate the Mountain Pass, California deposit and become self sufficient in REEs.

Bow in front of President Xi on your own time!

The Labrador deposits have not been developed and may never be developed so it is irrelevant who owns the cariboo pasture.
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