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 > Chrysos

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Comment by likeikeon Aug 16, 2022 12:34pm

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Post# 34899679

RE:RE:RE:Chrysos

Kewl002 wrote:
RG - the Chrysos portion matches their public statements --- the NFG delay though has no been clarified. Are they still double checking everything (seems like overkill) or is mgmt working on something else that works best if assays are released afterward?

clarification may not be possible without t's crossed etc.

As long as insiders are not buying/selling on the market AND there are no leaks --> they can hold assays unpublished as long as they want (I think that's the rule).

Kewl002 from my understanding they are getting the Chrysos back toot sweet and then sending

on for fire assay. I like this because although they wait for second results to verify the first it

does not hold up their further drilling and not just using VG to steer the drilling in the right

direction. Boo fricking woo we have to wait longer for drill results releases but they are

doing the right thing until Chrysos is accepted in NA on its own merits. IKE

Retiredgeo wrote: I have heard from others who have contacted chrysos that NFG has been receiving their results without delay and that there is no backlog at the Chrysos lab. NFG wants to double check with the fire assay labs. The delay is probably at the fire assay labs.