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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Comment by geezer21on Nov 05, 2021 1:21pm

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Post# 34092973

RE:RE:Not an Issue

"VG can be significant especially if their is a lot but it is still only regarded as an indicator in most cases that you might have something significant."

I totally agree with you that a few nuggets can skew assay results.

However, VG is a significant indicator especially if there are a lot evenly distributed over considerable lengths of core. But, only an indicator as you say.

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Calibre discovers significant gold in Newfoundland