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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 Feb 11, 2022 9:57am
165 Views
Post# 34419842

RE:Mega,

RE:Mega,

braindeadoldguy wrote: I am wondering if the rock doctor listened to the geo presentation by Melissa Renders and what is his take on it.  Thanks.

 

 

 


He started to but the Rock Doctor was a little intoxicated at the time and got totally distracted by her beautiful red hair and soft voice and started talking about old girlfriends and totally loss focus Lol. Hopefully I can get him back on track between now and the Super Bowl on Sunday and try again  

 


Needless to say he really likes Melissa and when she started talking about rocks well his mind went elsewhere. Lol I told him I need to know if I should keep buying this NFG sh*t or move on to something else and he goes yes of course keep buying it. They have got a rare high grade gold discovery every bit as good as Fosterville perhaps bigger and better and NFG will find a lot more gold. He says there is high grade gold right along the entire structure and they have only begun to scratch the surface but the system will pinch and swell in different places along strike depending on the host rocks and how fractured they are to have allowed the fluids with the gold to flow outward from the fault. He figures it will only get better the deeper they go.



He really likes the breccia they encountered beneath the Main Keats Zone because it ran 28 g/t and it could add a lot of tonnage and ounces to the overall system because it's possible to have much larger quantities of breccia as opposed to the vein like splays they have encountered so far. I  actually listened to the entire presentation and Melissa did say they were having great success above the main Keats Zone as well so I interpret that as very positive. She is only allowed to tell us so much but obviously they like what they are seeing on the Keats Zone. 


Geologists are still learning a lot about the geology and the patterns that are developing along the structure and the secondary faults offset from the main Appleton Fault and this will help guide future drilling. It's a huge system so this stuff doesn't happen overnight so investors will need to exercise patience. But I'm guessing the pieces of the puzzle are coming together behind the scenes. It's like Quinton Hennigh has said sometimes you can get loss in the sauce. Is it a bunch of small Burittos or one massive Burrito?  I suspect they already know a lot based on what they are seeing visually in the drill core regardless if they have the assays in hand or not. The Queensway story is still in the first few chapters. Lots of excitement ahead for NFG shareholders in my opinion. 

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