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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 nozzpackon Oct 04, 2023 9:17am
110 Views
Post# 35668668

RE:Highlights of NFG's exploding resource, updated 10/4/2023

RE:Highlights of NFG's exploding resource, updated 10/4/2023These new shallow results from Keats West down to about 30 m of depth continues to confirm the emerging case that Open pit mining of these gold resources including the other 2 discoveries is being planned.

The mill, infrastructure and skilled labor force is already in place and observer reports of QW ore conveyance , although speculative, would not be inconsistent with this intent.

Things are going to get very interesting here over the next while as we have the Keats Trench study coming , along with the Seismics , along with more of these infil and extension shallow drill results..


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