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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

Post by nozzpackon Jun 24, 2024 10:37am
211 Views
Post# 36103172

Could Queensway be the next Abitibi ?

Could Queensway be the next Abitibi ?

Coarse bonanza grade ore is found closer you get to the heat engine of Orogenics.
Thats the big pay off as Fosterville and Red Lake orogenics showed.

Just a short distance away at V Lake orogenic , a single hole hit paydirt at 1000 m.

Preliminary analyses of 3D Seismics in the shallow 300 m have been highly elucidative as to what lies below to 2.5 km.
Given that most orogenics have their best grades closest to the heat engine and other ancillary  
and aligned exploration and activity indices, it's much more than an even bet that Queenie will be the next Abitibi..



https://rocksandstocks.substack.com/p/could-newfoundland-be-the-next-abitibi

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