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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 Oct 13, 2021 6:02pm
205 Views
Post# 34003093

RE:RE:RE:RE:Bigger bids coming back in on NFG

RE:RE:RE:RE:Bigger bids coming back in on NFG

diabase1 wrote: Mega, the potential is there that the 'fault' that joins up the Keats Zone on the Appleton Fault with the H Pond Zone on the JPL Fault will contain continuous gold!! 

 


That thought always crossed my mind that there could be faults cross cutting between the Appleton Fault and JBP Fault. That would be a game changer as there is a lot of real estate between the two main faults. I haven't heard anyone mention it in any news release by any of the NL gold juniors but it could be possible. There are lots of faults throughout NL which has allowed gold to precipitate out in surrounding fractures in the adjacent rock. Still a lot to learn about these geological structures so I wouldn't rule anything out at this early stage of the game. NFG have assembled the best team around to figure this thing out so it will be exciting to watch it unfold. They are off to a spectacular start on this property. 

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