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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 Gangstermeon Nov 05, 2022 8:02am
122 Views
Post# 35075475

RE:Press release

RE:Press releaseThis makes total sense to me..... the is going to be a gold mining district here in the future with likely several different mine audits of one sort or another as the area is loaded with veins bearing gold. The company believes this to be the case and is loading up with properties rich in potential before the price goes up. As more and more assays from the area are known the property value will increase, never forget that all exploration company stock is down at the present and even the price of gold itself is off the recent 2000$ price.




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