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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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

Post by bdog123on Oct 28, 2022 10:01am
136 Views
Post# 35055639

So buck, let's look at the last news release

So buck, let's look at the last news releaseHighlights from the Keats zone.  So, there are 89 holes reported, with 8 being duds, and there's gold, no matter now minimal in your eyes, in all the rest.  You may as well say there is gold everywhere to some extent.  

Any miner worth his salt knows that you don't just scoop the good stuff and leave the low grade in the ground.  You mine it all, so the low grade pays a lot of the bills, and the high grade, most of it, can hit the bank account.  Correct?  So this is only 1 news release.  You got to check them all.  Your job.

Here is the latest one

https://newfoundgold.ca/news/new-found-intercepts-68-19-g-t-au-over-2-05m-45-05-g-t-au-over-2-25m-extends-keats-main-zone-to-over-1km-along-strike/

bdog
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