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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 Nov 07, 2021 1:21pm
248 Views
Post# 34097524

RE:RE:RE:RE:RE:RE:Chrysos

RE:RE:RE:RE:RE:RE:Chrysos

GGGsOldFriend wrote: Sorry for my ignorance, but why would the SEC have anything to do with mandating or approving what assay methods are used by exploration companies?

 

All mining and exploration companies in Canada must adhere to the rules and regulations set out in the NI-43-101. See below for details. 

https://www.tsx.com/resource/en/530

Resource Issuers
9.1 All mining Issuers must comply with National Instrument 43-101 - Standards of Disclosure for Mineral Exploration and Development and Mining Properties and the Exchange standards that are set out in Appendix 3F - Mining Standard Guidelines.


National Instrument 43-101 (the "NI 43-101" or the "NI") is a national instrument for the Standards of Disclosure for Mineral Projectswithin Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities.
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