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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 eldrecoon Nov 13, 2021 2:55pm
146 Views
Post# 34123547

RE:RE:RE:RE:RE:RE:chrysos revolution

RE:RE:RE:RE:RE:RE:chrysos revolutionRetiredgeo,

Beg to differ - but after the fiasco this summer...and what "delayed assays" cost the companies - to say nothing about the shareholders - in terms of time and money, I would think the backlash will be a ready acceptance of this new tech.  The pluses are extraordinary...whole-core assays...produced in a non-destructive manner (where those samples can be retained for future checks, if need be)...lower staff requirements...faster turn-around time.  What is not to like?

I would offer a "gentleman's bet" ($5) that the present labs will be looking at incorporating this new tech into their services within the next couple of years.  It will move very quickly!
el d

Retiredgeo wrote: All materials submitted by the client remain the property of the client and are either returned to the client or stored on the client's behalf.  There is no free gold for the taking!

Companies adapt.  If fire assay gets phased out it will happen slowly.


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