RE:Did not win contest but should have Summary
New Found Gold’s Queensway project has been set up in the middle of a gold-producing region, and the results of its ongoing tilling and drilling program have been consistent with high-quality gold on the surface as well as in the drilling samples that it continues to take. The scientific exploration procedure that New Found is following to identify the best areas of their property and the use of the most up-to-date assay methods means that they are efficiently using their over 100 million in capital to ensure success in their exploration activities. New Found Gold has the backing of some very prominent gold investors who know the Canadian market and are willing to back companies that they feel have potential. At the current price, New Found Gold is sitting at a discount, and if the results of the most recent drilling come back positive, then investors in the company will likely see an excellent return.