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 > NFG vs. SGD

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Comment by Retiredgeoon Sep 15, 2022 7:26am

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Post# 34963717

RE:RE:RE:RE:RE:NFG vs. SGD

There is a big difference between what a company officer can say and what an independant observer will say. Of course the company officer is going to be more conservative.

QH has thrown out a guesstimate based upon assumptions. His point being "this deposit is going to be huge". Huge tonnage, low grade deposits usually are. Some mining companies with 30 year plans prefer them.

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