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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 hockeyplusgoldon Dec 05, 2021 7:28pm
121 Views
Post# 34200630

RE:Raise over $300M before doing check assays

RE:Raise over $300M before doing check assaysFear mogering and scarce tactics isn't helpful .you can sepculate all you want the facts are there is gold there
along with all the other positive things said by many posters here only question is how big it is going to be and that has always been the question even before the company decided to have another independed lab do sample checks and the fact they came out right away and said they had different results in approx 32 core samples which is the other 1/2 of the core sample that was previously tested 8 of the other 1/2 of the samples came back higher grade than the 1st half  that was reported 23 came back lower than .note there will always be some differance between the 1st half and the 2nd 1/2 .going forward except for samples already in the process of being tested as split core samples the testing will be the complete core leaving no question to the grade 
let's be clear either way this is a large deposit on a vast amount of land question is how high is the grade and how big is the deposit 
there will be a mine here just how big will it be and how profitable Kirkland lake grade or multiples of that 
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