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 > From Snidely - re the NR

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Comment by termic1on Aug 04, 2022 12:39pm

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Post# 34871402

RE:RE:From Snidely - re the NR

This is a good point that many people seem to have ignored. Extending the length and the depth regardless of open pit opportunity is very important. Many mining companies are now going back and buying mines where open pit mining existed 20 or 30 years ago or longer because the economics are so much better for deep mining along with the advancing technologies.

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