Taken directly from the news release
Read people. Taken right from the last news release. (See below) And I know for a fact that NFG's burn rate is one million dollars a week. Hopefully you can do the math from there when they will run out or do I have to spell that out for you as well. Hopefully you guys are better at math than you are at reading. Sad state of affairs here on this board lately.
$77 million in cash and marketable securities. You guys want me to go out and find the 14 drills for you as well because nobody seems to be able to read very well on this board. Oh my give me strength.
About New Found Gold Corp.
New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 400,000m drill program at Queensway, now approximately 56% complete. The Company is well funded for this program with cash and marketable securities of approximately $77 million as of August 2022.