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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 May 27, 2022 5:01pm
161 Views
Post# 34713455

RE:RE:RE:RE:RE:321 NFG project PEA

RE:RE:RE:RE:RE:321 NFG project PEA

likeike wrote: You are more than welcome Mega but tell me what points hit you the hardest. IKE

 


What I like the most about this project is it won't take a huge amount of money to put it into production and the profits will be huge once it's up and running due to the very high grade ore. NFG will be a great one to hold onto for years and the return should be substantial and the potential for further high grade gold discoveries is very high given the huge land package of favourable geology. They should be able to progress to the mining phase and still be aggressive with the drills looking for more jewelry boxes. 

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