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 > Commissioning of Pine Cove Mill

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Post by nozzpackon Aug 01, 2024 4:13pm

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Post# 36159024

Commissioning of Pine Cove Mill

The last preparatory stage for the newly inspected and upgraded Pine Cove mill is re-commisioning .

Maritime has about 100,000 tons of stockpiled ore plus whatever the Gravity circuit can recover from the Aggregates wash plant.

Not much upstream processing of this partially processed ore, so about 2 months through the Pine Cove mill, generating about $14 million in gross sales.

Lets say two months which gets us into early September to start on tolling QW ore starting with Keats Trench .

Those numbers are well known.

Ronnie gets things done.

No more ATM and no more PP..

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