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.

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New Found Gold Corp > Finally some news, kind of..

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Comment by megacopperon Jul 19, 2022 4:01pm

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Post# 34835391

RE:RE:RE:RE:RE:Finally some news, kind of..

Retiredgeo wrote: It is also possible to drill on the lake during the winter with both diamond core and reverse circulation drills.

Unfortunately Gander Lake rarely freezes. It is a very deep lake exceeding 1000 feet in depth in some places. So I don't think drilling out there would be possible. Not even on a barge due to how rough it gets. Lol

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Advancing flagship Ishkõday Gold Project in Ontario