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 > Quick ? for RetiredGeo

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Post by Tk11455okon May 20, 2024 11:12am

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Post# 36048686

Quick ? for RetiredGeo

Dear RetiredGeo, If you have the time. Can you tap into an old drill hole and save time drilling to a deeper depth or does the drill have a tendency to skip out and start virgin drilling anyway. In other words, if any of the previous drill holes just happened to line up with a deep target, could they save time that way? Just thinking. Thank you

Tom K

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