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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

Comment by wajacon Nov 02, 2022 8:27am
120 Views
Post# 35065549

RE:RE:Press release

RE:RE:Press releaseAnd we are not just looking at a small deposit that will be mined out in 8 to 10 years. The entire 100 km Appleton Fault will be mined for decades. And don't forget the JBP Fault that runs parallel to the Appleton Fault. NFG has only scratched the surface on this enormous property. Historical drilling has been minimal. Don't believe the bashers when they say the property has been drilled to death. It's not true. Not only has it not been drilled, most of it has not been explored by prospectors.
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