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.

TSXV:NFG - Post by User

New Found Gold Corp > I asked CK why not just buy the mill outright? His answer

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Comment by nozzpackon Nov 10, 2023 5:32am

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Post# 35727706

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

Of course.
Duh.
Throw in too the Nugget Pond Mill, plus 95,000 ounces of high grade low cost HammerDown production per year during during the interim 3 years needed to get Keats producing, add 50,000 ounces from MAE's local deposits once Keats is producing and consolidate mining operations in NL by the Hub and Spoke model.

Afterall, NFG has largely funded Maritime's acquisition of Point Rousse..

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