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

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Post by jwillis9on Jul 13, 2024 3:09pm

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Post# 36131686

Bulk mining

Directional dill cores will give a much better understanding of the ore body ( technically Not an ore body of yet). Everything depends on grade and width of of the veins/ore body and of course, dilution, orientation of the footwall/hanging wall. Cut and fill/ VBM would be best for a sizable ore body, anybody's guess at this point in time. It is my personal opinion that this will turn out to be a very good investment.....time will tell.

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