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 > You tell em wajac

<< Previous

Bullboard Posts

Next >>

Comment by VinnieBarberinoon Oct 11, 2022 10:28am

60 Views

Post# 35017089

RE:RE:You tell em wajac

wajac wrote: Right on Vinnie!

They were smart buggers to buy up all that land with those historical drill holes.

Well, that all depends on how you look at it. The real question is why did Noranda and previous owners drop the claims after finding those ozs.

I suspect they werent interested in veiny rich pods here and there which cant be bulk mined and which will require a lot of dilution to mine. Like Fluffys wm.

But Im new to the biz.

Vinnie

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages