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 > 7 mill ...you don't say

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Comment by eldrecoon Jul 31, 2022 1:35pm

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Post# 34863188

RE:RE:7 mill ...you don't say

Thanks Braindead,

But it is in our nature to speculate....it's just my imagination (running away with me):

https://www.youtube.com/watch?v=WNnb1NfLrK4&ab_channel=TheTemptationsVEVO

LOL. Best to all.
el d

braindeadoldguy wrote: Ike, everybody and their grandmother has taken a shot at "how much gold is NFG sitting on."
Nobody has a real clue. Every orogenic body has a different model. The only way anyone is going to find out is to be 20 years old now, have a bunch of shares, and wait till they are 70 years old and see what story unfolds in their lifetime. It may be the neverending fountail of riches for a long time, but guessing at it won't raise the price.

B-dog

likeike wrote:

@RealMoney Mega million ticket can only be a dream but NFG will be real if we find box #1

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30 Jul 2022, 05:45

@alwil106 The Swan zone was only 200m compared to NFG 600M, Swan is the highest grade mineralized zone defined at Fosterville to date and contributes 2,340,000oz at an average grade of 49.6g/t Au (1,470,000 tonnes) to the updated December 31, 2018 Mineral Reserve estimate. there were only about 13 high grade news releases from the swan when (I looked at them in 2021) compared to about x3 for Keats, previously you could work out the g/m for Swan but these NR no longer seem to be available to make a comparison with NFG, possibly we could expect a mineral reserve estimate soon as with the Swan Zone, on a pro rata basis NFG Keats should have 7 million ounces.

0
about 4 hours ago

@RealMoney Mega million ticket can only be a dream but NFG will be real if we find box #1

0
30 Jul 2022, 05:45

@alwil106 The Swan zone was only 200m compared to NFG 600M, Swan is the highest grade mineralized zone defined at Fosterville to date and contributes 2,340,000oz at an average grade of 49.6g/t Au (1,470,000 tonnes) to the updated December 31, 2018 Mineral Reserve estimate. there were only about 13 high grade news releases from the swan when (I looked at them in 2021) compared to about x3 for Keats, previously you could work out the g/m for Swan but these NR no longer seem to be available to make a comparison with NFG, possibly we could expect a mineral reserve estimate soon as with the Swan Zone, on a pro rata basis NFG Keats should have 7 million ounces.

0
about 4 hours ago