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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 Gangstermeon Sep 04, 2023 10:34am
96 Views
Post# 35618682

RE:RE:RE:RE:The Clock is Ticking

RE:RE:RE:RE:The Clock is TickingNot to mention the 1500 or so metres deep that has yet to be explored. They could proceed to extending some of the existing drill holes. Assuming deposit does extend to this depth, the amount of ore would be several times what has been discovered so far. Even if the seismic study shows that this is likely the share price will increase significantly.
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