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.

TSXV:NFG - Post by User

New Found Gold Corp > We are # 1 today ! LOL

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Comment by EdinColoradoon Nov 05, 2021 7:26pm

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Post# 34094714

RE:We are # 1 today ! LOL

Drop is supposedly caused... because company is changing to another established assay (nondestructive) method?? Because of splits in core??

The value of the deposit supposedly has been established by assays of halves o multiple cores, not one, all so far assayed by the destructive method. Is that not gold already confirmed as present in the core? It didn't go away. Such a drop in the SP credited to these reasons doesn't seem like a credible reaction.

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