New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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.

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New Found Gold Corp > This year should be interesting for us

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Comment by megacopperon Jan 21, 2022 2:40pm

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Post# 34344082

RE:This year should be interesting for us

hope21 wrote: I agree even if the price of Gold is heavily manipulated will not impact the future potential of NFG. We are starting to show some decent results . Once we get the higher bonanza gold grades we will get much more market attention. The long term potential of NFG is explosive. Good Luck Everyone

I have to correct you and many others invested in New Found Gold because I think as a result of the mind blowing assay results of last spring many think these latest results since September are only decent or average results. I have heard it from many people in person I talk too and now reading it on here. So I have to try and explain it again because many don't understand the significance of these latest drill results.

The latest results are nothing short of phenomenal. Did you guys not listen to Quinton Hennigh's presentation on gold grades and widths??? Anything over 100 gram meters (grade x width) is absolutely fantastic and is among the higher grade gold deposits in the world. I will find that video of his presentation again because it's obvious many investors need a refresher or a tutorial on gold grades. The grades and widths below that have been announced by NFG since September on all 3 Zones spread along a 3 km strike length are indeed bonanza gold grades between 200 gram meters and 400 gram meters.

Golden Joint Zone

The interval of 98.13 g/t Au over 3.85m in NFGC-21-401 extends the high-grade gold zone at Golden Joint to a vertical depth of approximately 305m, extending the zone's vertical depth approximately 20m below the previously reported deepest intercept of 70.65 g/t Au over 5.25m in NFGC-21-386 (Figures 2 and 3).

Keats Zone

The Keats Main Zone now extends 530m down-plunge, an increase of 65m from the previously reported distance of 465m defined by the furthest intercept to date in NFGC-21-360 grading 61.50 g/t Au over 5.20m.

Lotto Zone

The interval of 76.81 g/t Au over 2.80 m in NFGC-21-311 is almost 90 m vertically deeper than the previously reported interval in NFGC-21-201 which yielded 683.1 g/t Au over 2.45 m (see press release dated June 23, 2021) and has doubled the depth of the Main Vein to over 200 m vertically, starting at surface and open to depth.