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 > seismic company

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Comment by eldrecoon Aug 27, 2022 1:27am

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Post# 34924232

RE:RE:seismic company

Hi Global,
Anyone can correct me on this, but I think that what SPOT does - their forte - is to take all the available data - drill results (both contemporary and historic), available grab samples, magnetic surveys, and sesimic data...all that pertinent stuff...and merge all this into one big potpurri of data. From there they extrapolate and come up with the better choices of sites in which to initiate a drill program. To facilitate this they have a large team (50-60) of geos and other very astute guys working for them. Few juniors could afford to have an in-house team with that kind of expertise as part of their explore team...it's kind of "experts on demand" - and it can save a young company millions.

That's what they do.
best,
el d