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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 18, 2021 8:35pm
136 Views
Post# 34020529

RE:RE:RE:RE:RE:RE:I like LAB's wording - "a string of pearls"

RE:RE:RE:RE:RE:RE:I like LAB's wording - "a string of pearls"

diabase1 wrote: According to Page 12 in the Presentation, Canada's Newest High Grade Gold Discovery, the Appleton Fault is to the east of the Town of Appleton and thus east of the Gander River. The Town of Appleton is on the Gander River.

Also in checking the topography map of the area, the Appleton Fault is about 2.75 km east of the Town of Appleton. I have the Appleton Fault crossing the TransCanada Highway right where the Newfoundland T'Railway crosses the highway. 

 



Yes that is all 100% factual. I'm just saying that at about 10 km north (plus or minus a few km) the Appleton Fault crosses the Gander River and remains on the western side of the river right out to Dog Bay. The Gander River flows into the North Atlantic into Gander Bay.  And Gander Bay is east southeast of Dog Bay.

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