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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 > Top ten !!!!!!!
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Comment by BuccsOldBoneson Oct 31, 2022 3:03am
53 Views
Post# 35059364

RE:Top ten !!!!!!!

RE:Top ten !!!!!!!
Analizer wrote:

Here is the list of the world’s top ten open pit gold operations ranked by the gold grade in a tonne of milled ore.

With 7.3 g/t of gold in milled ore, Kingsrose’s Way Linggo mine in Indonesia was the world’s highest-grade open pit gold mine in Q1 2020.

The Way Linggo open pit was designed to mine the remaining Measured Resource above the 1 Level of the Way Linggo underground mine. The open pit recovers the pillars and remnant ore that Kingsrose was unable to mine with underground mining methods.

Endeavour Mining’s Natougou-Boungou mine in Burkina Faso sits second with 5.3 g/t of gold achieved during Q1 2020.

Calibre Mining’s El Limon mine in Nicaragua is third (5.1 g/t), followed by Polymetal’s Svetloye (4.4 g/t) and Highland Gold’s Valunisty mines in Russia (3.6 g/t).

The complete list is below.

Highest-grade open pit gold mines in the world. Source: Mines and Metals.

Mining news

By Vladimir Basov

Contributing to  kitco.com 

Contact info@minesandmetals.com


El Limon. If you bought a new car would you name it Lemon weedhead?


Bucchead

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