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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

Post by Maratimeron Jan 27, 2022 11:01pm
205 Views
Post# 34369741

Chrysos in Val d’or

Chrysos in Val d’orI've been checking all over the place for the status of the MSALAB or subsidiary lab that was supposed to be commissioned on the 1st of December 2021. Finally Benz mining just released news today (see below) that it is scheduled to start around end of this quarter. As announced before, NFG also has an commitment from them to process some of their cores too. However, it's starting to sound like to me that NFG will use both assay systems though. This news is on their website. When Benz says exclusive they don't mean all their capacity just up to half leaving room for NFG. I hope this all works out. 

For 2022, we expect our exclusivity deal with MSA Laboratories for the use of their Val d’Or PhotonAssay laboratory to speed up assay turnaround. The laboratory will be commissioned later this quarter and we will be able to submit our core samples then.
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