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.

TSXV:NFG - Post by User

New Found Gold Corp > Assay results

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Comment by Kewl002on Feb 10, 2022 1:10pm

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Post# 34417307

RE:RE:RE:Assay results

OK -- IR is fantastic and they respond quickly!!

Regarding the 80 cores sent to Australia......as follows:

"The company sent two holes to the laboratory in Australia, one of which has been received fully and released. The other has not yet been released, but we expect to do so as soon as we are in position to be able to. Very best,"

So the 80 cores were from only 2 drill holes -- 1 of which was reported already (with bonanza grade) and a second one that is being held for an undefined reason.

Interesting wording -- "as soon as we are in position to be able to." --> what exactly does this mean? I've asked IR for further clarifiation.

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