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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 eldrecoon Nov 09, 2023 9:28pm
73 Views
Post# 35727494

RE:I asked CK why not just buy the mill outright? His answer

RE:I asked CK why not just buy the mill outright? His answer
Evenkeel123 wrote: While it is potentially possible to buy the mill or the Company outright, moving it would not accomplish our goals. Much of the benefit of utilizing Pine Cove would be the brown field site it is located on which is fully permitted and includes tailings capacity. Using an existing site may result in a far shorter timeline to permitting, and certainly a faster start up time if a permit is received. Rest assured, we have a dedicated team working on this and I am certain we will arrive at the most beneficial path forward. 

EK


One of the more sensible things that you have postedin some time.  Thanks.
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