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 > How come NFG won't do a trial mine?

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Comment by Gangstermeon May 31, 2023 3:22pm

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Post# 35473344

RE:RE:RE:RE:RE:RE:How come NFG won't do a trial mine?

And only needed to determine recovery. Not required in a gold quartz setting. If a complicated recovery and refining required then this is needed.

Many ore types require a determination of % recovery and best method to achieve the best results so bulk processing required.

In many ore deposits, other minerals have to be separated as well and they can be either a positive or a negative. Ie. cost more or less than their recovered value.

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