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 > Staying focused

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Comment by nozzpackon May 07, 2024 1:03pm

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Post# 36027091

RE:Staying focused

What garbage.
The entire point of drilling is to estimate both ounces and grade as those two parameters along with physical dimensions enable resource size to be estimated.

Resource and grade parameters are essential to determine if a economic deposit has been drill defined.....which is the entire point of spending millions on drilling.

MRE is not only nice to have, it is essential so that shareholders can determine if their investment is profitable or wasteful.

Make no wonder you and the other relentless poster are hugely underwater.

There are none so blind as those who will not see..

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