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 > Bashers

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Comment by Retiredgeoon Jun 10, 2023 12:03pm

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Post# 35489963

RE:RE:RE:RE:Bashers

A good 40% of the worlds gold production comes out of the paleogravels of South Africa. South Africa was once connected to Western Australia. The theory is that the same paleogravels also exist in Western Australia buried underneath the overburden. The theory generated a lot of excitement back in 2017 when NVO started to find gold but the discoveries haven't yet matched the dreams. Exploration continues. It remains on my watch list.

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