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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 eldrecoon Jun 08, 2023 12:37am
125 Views
Post# 35485865

RE:Not yet discussed

RE:Not yet discussedHey MatMan,
With all due respect...I think this post is a bit of a red herring (no pun intended).

It is my understanding that there are no fish issues.  There is some concern with Queensway South in that they will have to keep their distance from the lake that serves as a reservoir for ?Gander or another community.  You can look all that stuff up as well as we can.
best,
el d

MaterialsMan wrote: Something that I have not yet seen brought to light is whether there are any potential enviromental issues involved where the gold is being found.
I recall an exploration company called Northern Dynasty that made a huge discovery in AK. 
The stock flew, and everything seemed to be falling into place.
That is until there was concern about potential environmental degradation. The stock is now practically worthless.
Pretty certain that there may be some pristine free flowing salmon rivers up that way.
Not sure as to whether this is any reason for concern.
Anyone have feedback?
Otherwise, NF looks like a can't miss proposition.




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