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 > Its called exploration

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Comment by Valloweenon Oct 07, 2022 1:48pm

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Post# 35012769

RE:RE:Its called exploration

wajac wrote: Yeah, Osisko has, with a number of name changes has been around since 2014. They returned mostly unimpressive drill results from shallow holes and were forced to go deeper at a much greater cost. Deposit may not be economic. Probably why the share price is trading a little over $3.

Youre shallow.

And you dont know mining.

Its economic.

V

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