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 > Fosterville, a mere Junior to Queensland

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Comment by nozzpackon Aug 29, 2023 1:13am

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Post# 35609227

RE:RE:RE:RE:RE:Fosterville, a mere Junior to Queensland

Thank you for that clarification .

This mineralized envelope now covers an area spanning 4.1km in strike length by 400m wide.
Depth easily 400 m.
SG of 2.75 tons per cu m.

Assume waste ore of 90% and 20 grams per ton .

Very rough ounces at this early stage but gives some infield estimates of current mensurated
potential .

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