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 > ... Still Accumulating, added more shares yesterday @ $4.63

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Comment by lowlygeoon Jan 09, 2024 11:52am

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Post# 35817492

RE:RE:RE:RE:... Still Accumulating, added more shares yesterday @ $4.63

A decade? NFG has drilled in excess of 300,000 metres and has no resource.Who drills that amount with no resource. And now they are going to drill an additional 650,000 metres on what basis? I have been doing resource development for approx. 50 years mostly in gold with 4 projects into production. This approach is foreign to my experience.

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