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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.

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New Found Gold Corp > Ah yes, Significant Results From Malmsbury Victorian Project

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Comment by BuCcAneErdon Nov 18, 2022 10:11am

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Post# 35110141

RE:Ah yes, Significant Results From Malmsbury Victorian Project

bdog123 wrote:

https://investingnews.com/significant-results-from-malmsbury-victorian-projects-exploration-update/

Significant Results From Malmsbury Victorian Projects Exploration Update

Investing News Network

November 18, 2022

HIGHLIGHTS

New exciting high-grade assay results received from the 11-hole, 3,162 m diamond drilling program recently completed at the 50%-owned Malmsbury gold project (" Malmsbury Project ") located 50 km SSW of the high-grade Fosterville gold mine in Victoria, Australia.

Significant results generated from the last two holes drilled in the program at Queens Birthday (MD20) and Leven Star (MD21) reefs include:

3.1 m @ 9.27 g/t Au from 400.9 m (MD20);

8.1 m @ 5.79 g/t Au from 131.9 m (MD21); and

6.2 m @ 3.92 g/t Au from 144.6 m (MD21).

Step-out hole MD22 returned 45 m @ 0.23 g/t Au from 134 m successfully intersecting the gold-mineralised felsic intrusive (Missing Link Monzogranite) 80 m north of previous reported drilling (MD17 1 ).