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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

Comment by explogeoon Aug 07, 2024 3:05pm
90 Views
Post# 36168032

RE:RE:RE:RE:RE:RE:Don’t be Afraid..Calculate QWN ounces of gold

RE:RE:RE:RE:RE:RE:Don’t be Afraid..Calculate QWN ounces of goldAh yes, avoided the main questions in true pumper style.

I never once said I have a completed estimate, I'm simply going off of multiple (4) other geos with 25-40 years experience each that told me they ran calculations on Leapfrog and Micromine and not a single one of them got above 2 million onces in QWN. I'm adding ounces to my estimate because they did their models in late 2022 to early 2023 so lots of drilling since then.

I have yet to acquire a Leapfrog license to do a resource estimate. Once I have the software, I'll be sure to provide my estimates and model. Hoping that I can get it done at some point in September. 
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