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.

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New Found Gold Corp > From newfound gold on drilling and press release

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Post by Dixiedeeon Feb 22, 2024 2:36pm

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Post# 35893965

From newfound gold on drilling and press release

I asked newfound gold the following questions which some I already new the answer but wanted it right from the company

I asked

Message: In todays press release where any of these holes drilled from information from the siemic or was this all part of the previous drill program
Of the 5 drill rigs on-site how many are being used to drill to depth and how many to expand existing zones or find new zones?

answer to my questions below from COlin Kettell

Today's holes were collared before the receipt of any seismic interpretation.

Currently, two drills are going deep, two are working on existing zones, and one is in a new area.

Very best,

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