B.C's Golden Triangle is not a good comparison.
Prentium Resources is in the Golden Triangle, a remote mountainous area of BC which is a 17 hour drive from Vancouver. There is no comparison between it and the advantages that Newfound Gold has in Queensway.
https://financialpost.com/investing/investors-keep-the-faith-in-b-c-s-golden-triangle-mining-despite-recent-setbacks