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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 Dixiedeeon Apr 05, 2024 6:38am
86 Views
Post# 35972065

RE:RE:RE:Good post regarding bulk sample

RE:RE:RE:Good post regarding bulk sampleEverything is on the table we have many simultaneously moving parts with many options the results from the drill program will dictate directions we go in and it maybe and most likely ,is in many different directions eventually as they are exploring many scenarios that could play out in what will become a multiple mine gold district with a number of eventual players envoled .I don't wish to speculate on their next move until we get results at depth to suggest they heavily move in one direction or the other at this point and time is just putting the cart before the horse and muddying the water at the current time 
doing mining themselves is one of the early options or partnering up with an strategic partner to do so could be another but until they get enough information at depth it's all just possible future possibilities depending on what happens with the drill bit 
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