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 > Updated Drilling Results, April13,2022

<< Previous

Bullboard Posts

Next >>

Comment by Stockpicks96on Apr 13, 2022 8:56pm

140 Views

Post# 34602419

RE:RE:RE:RE:RE:Updated Drilling Results, April13,2022

Likeike you are right, with ultra high grade deposits history has shown they do not need resource estimates, PEA's or proven reserves. Anyone remember Airequipa mining from the 90's? I believe it took 16 drill holes for Barrick to swoop in at $29.00 per share. GBR is another example of this, no resource estimate. The majors due a tremendous amount or due diligence behind the scenes and they usually buy these plays before they get too way big. We'll see what happens here.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario