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 > New Press Release - New Found Intercepts 26 g/t Au Over 9.45m, Extends Iceberg Strike Length to 575m and to a Depth Of 160m

<< Previous

Bullboard Posts

Next >>

Comment by Retiredgeoon Jun 08, 2023 8:15am

161 Views

Post# 35486083

RE:RE:New Press Release - New Found Intercepts 26 g/t Au Over 9.45m, Extends Iceberg Strike Length to 575m and to a Depth Of 160m

It might not be the company's startegy to release resorce estimates or 43-101s. President Denis Laviolette is keen on "proving up the district scale of the discovery". Reading between the lines he favors selling the property and letting someone else do the resource estimates. Resource estimates, 43-101s and bankable feasability studies can be prerequisites to a sale but they are not mandatory.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant