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 > Devico drilling steerable technology used in 2022 by ame ck

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Comment by nozzpackon Jul 23, 2024 4:23am

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Post# 36143770

RE:Devico drilling steerable technology used in 2022 by ame ck

Thank you.
Directional drilling has been used for decades in the oil and gas sector, with great success.
Some of the side legs reach 2 km in horizontal length.

Multivariate fine tuning of target location and dips has demonstrated excellent success in NFGs Deep program todate as judged by the extraordinary success of their first deep drill holes.

Success breeds success , with these new locational data results being used to update and fine tuning of subsequent targets including Devico's side legs.

NFG technical crew have done a great Geo statistical job , based on initial drilling success in target location.

Hopefully a new update soon.