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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 Patient1nvestoron Aug 09, 2024 1:46am
74 Views
Post# 36170815

RE:Buck

RE:BuckMRE will happen. Patience will pay off. Our tenement is of district scale, so it will take more time to get there than others, when most of them are relatively fairly small. You Canadians often don't appreciate the size of 1,600 squares kilometres. I, as an Australian, have committed the same sin, until I recently came over to Hong Kong and have stayed here for business for about a year. Hong Hong covers about 1,100 square kilometres ONLY, yet it has all the features we commonly associate with modernity; and it can accommodate more than 6 million people. So, a tenement of NFG's size is roughly 50% bigger than the entirety of Hong Kong. It will take time to explore, and come up with MRE.
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