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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 orophilon Nov 13, 2021 10:32pm
221 Views
Post# 34124131

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:chrysos revolutionmy point is Quinton calls the high grade zozes 'burritos"...I think Hurst or one of the other geologists calls them jewelry boxes...I suppose you could call them a tube of high grade ...if you recall fosterville was a 1 billion dollar cmpany until they went deeper and found the swan zone..the actual size of the swan zone is a tiny part of whats underground at fosterville but represents a large amount of the value of the total leasehold.....the swan zone alone and further exploration at depth increased the value increase 10 fold or more....they firmly believe that  nfg shares much of the same geology as fosterville.....in pursuit of that aim it highly appropriate that lower grade holes and cores  not be the primary concern ...the focus with the help of gold spot is the attempt to identify the higher grade intervals and trends
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