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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 megacopperon Nov 02, 2022 11:40am
117 Views
Post# 35066477

RE:Drill results

RE:Drill results

wajac wrote: These are good results and demonstrate that mineralization is open in all directions and at depth. Close spaced holes, 10 to 20 meters, which is the norm in narrow vein systems is enabling them to extend the zone of mineralization. The resource is growing. It appears that Keats, Golden Joint and Lotto will eventually merge as one giant system.

 


Exactly. And the boys will hit at Queensway South. Lots of gold down there too along the Appleton Fault adjacent to that Antimony mine from Pauls Pond to Eastern Pond. Lots of gold down there. Buy more and wait for the buyout in a year or two. Patience is key.


My favourites right now are NFG, SGD, GOT and HIGH. Perhaps a little TECT for fun. QH seems to like it. The next Snowline? I don't know about that. The next Snowline is most likely Snowline themselves. Scott Berdahl and his father did a real good job of getting the best RIRGS targets up in the Yukon. SGD will find more Valley type gold discoveries. 

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