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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 25, 2022 8:42pm
191 Views
Post# 34360640

RE:RE:RE:Hermitage

RE:RE:RE:Hermitage
diabase1 wrote: Ha! Ha! That was funny Megacopper. You know that the Rock Doctor loves to talk about the good ole days. But Noranda? Anyway, Canstar (ROX) today announced an option agreement with Altius Minerals for the Hermitage Flexure property. It butts onto the west end of Canstar's Golden Baie property. At the west end of the Hermitage Flexure property, a company by the name of Matador Mining (an Australian company has the property, where they have some very high antimony values. I'm still researching. 




Well if they got some high antimony numbers I'd say there will be some gold kicking around. I've said this before on here but the Rock Doctor's good buddy worked at the Beaver Brook Antimony mine back in the mid 90's and he said there was a lot of gold in that deposit as well. I'm still of the opinion there will be a lot more gold discovered on the Queensway South property than that found on the Queensway North property. I know that might sound like a tall order at the moment but it is a distinct possibility. And those structures continue on down to the south coast so anything is possible. I like Canstar's chances down there but I can't own all of them like Mr. Eric Sprott. Lol

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