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 > Lengthy Mineralized Areas

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Post by jimmymacon Jul 11, 2024 11:38am

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Post# 36128400

Lengthy Mineralized Areas

Witwaterstrand - The 'Rand"
56 km. long
Discovered in 1886; by 1899 there were 85 mines.
Has mined 22% of all the gold accounted for today.
Maximum mining depth 4 km.

Carlin Trend
60 km. long
First discoveries were make in 1874.;
first significant mineng started in 1964
90 million oz. mined to date
At least 20 deposits discovered in trend.

Appleton Fault
New Found controls 100 km. of strike.

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