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 > reality 888

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Comment by Retiredgeoon Feb 26, 2023 6:15am

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Post# 35305607

RE:RE:reality 888

Depending on your time line you will do well. NFG has a **** load of gold in the ground which will only appreciate in value as time goes by. The Keates West story is just beginning.

In the short term, mining industry capex is way down. Investor sentiment is way down. It is the worst of times for junior explorers. NFG is one of the lucky ones. When any of this will reverse is anyone's guess.

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