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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 Jan 19, 2022 10:56am
193 Views
Post# 34332659

RE:Great news release!

RE:Great news release!

wajac wrote: Looks like the Golden Joint is another Keats and there will be many more zones to test. And that's just Queensway north. Four fifths of the property is on the other side of the TCH waiting to be drilled. There will be many more Keats Zones along the Appleton Fault. And remember the JBP Fault runs almost parallel to the Appleton Fault and has been described in glowing terms by NFG regarding its potential.

They are one third of the way through a 400000 meter drill program with 30000 meters of drill core to be reported. 10 drills are currently operating and 4 more are scheduled to be brought in during the first quarter of 2022. This time next year the current malaise will be viewed as nothing more than a blip.

On the ground here in Gander activity level continues to be high. There's always a ton of activity at the core building. Construction of the new office/core facility is ongoing. NFG is steadily pushing ahead. It has the funding and it has the personnel to accomplish its goals. It all looks good to me.I don't see any negatives. Those who stay the course will be rewarded handsomely.












 



Very well said. I agree 100%. Anyone who understands these gold systems and have compared NFG's Queensway discovery to that of Fosterville knows that this is an incredible robust gold system along the Appleton Fault that will keep giving world class high grade gold. The Golden Joint is now being proven to be another spectacular high grade zone. Long and strong on NFG. Enjoy the ride. 

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