RE:My Views On The Current State Of NFGFor those looking for a short summary of NFG, taking a look at the bottom of their latest PR is one way to go about it, though it may not be completely up to date at any given point in time:
About New Found Gold Corp.
New Found holds a 100% interest in the Queensway project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $56 million as of June 2024.