New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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.

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New Found Gold Corp > $48 Million Investment by Eric Sprott

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Comment by Retiredgeoon Oct 21, 2021 3:08pm

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Post# 34034107

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$48 Million Investment by Eric Sprott

I remember the Voisey's Bay play well. I lost a pile of money betting on juniors who drilled 1000 m holes in magnetic Anorthosite! When everything was said and done Voisey's Bay was/is a one deposit wonder.

A cumulate of Olivine and calcic plagioclase is called Troctolite. Troctolite was all the rage back then. I'm sure the rock doctor remembers it.

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