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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

Post by cybermanon Sep 27, 2021 2:55pm
163 Views
Post# 33925042

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SUDBURY -  A rescue operation is underway for 39 people stuck underground at Vale's Totten Mine in Sudbury, Ont., CTV News has confirmed.
Nick Larochelle, president of Steelworkers Local 6500, told CTV's Lyndsay Aelick 39 people, including 30 Steelworkers, have been stuck underground since Sunday.
Larochelle said the miners went underground Sunday at 7 a.m. to begin their shifts. At 11:30 a.m., an incident occurred that caused damage to the shaft.
 
Mine rescue is on site working to get people to the surface, he added, and at this time, there are no injuries.
Larochelle said medication and food had been sent to the miners, but added he is very concerned for the employees.
In a news release, Vale said the workers are "mobilizing to exit the underground mine after the conveyance for transporting employees was taken offline, following an incident in the shaft.
"The employees will exit via a secondary egress ladder system with support of Vale’s mine rescue team," the release said.
"The incident occurred Sunday afternoon. The employees were underground at the time and immediately went to refuge stations as part of our normal procedures, and we have been in frequent communication with them since the incident."
The company said they are doing everything they can "to ensure the safety of these employees and will provide further updates as they become available."
Situated in Worthington, 40 kilometres west of Vale's Copper Cliff complex, Totten Mine opened in 2014 and employs about 200 people, according to Vale's website.
The northern Ontario mine produces copper, nickel and other precious metals. The main shaft of the mine is 4,130 feet below the surface.
This story will be updated as soon as we have more information

https://northernontario.ctvnews.ca/rescue-operation-underway-for-39-miners-stuck-underground-in-sudbury-ont-1.5602107
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