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 > Not an Issue

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Post by geezer21on Nov 05, 2021 11:54am

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Post# 34092328

Not an Issue

The bias in the core assays is not significant. The cores are split. Each lab had a half. Each half is not going to be exactly the same. It is not an issue. It is distracting from this statement in the notice:

"Recognizing the nuggety nature of gold mineralization at Queensway, for the last several months ..."

This tells you there is visible gold in the core samples that have not been assayed yet.

Pay attention. When there is visible gold that is significant.

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