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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

Post by Gangstermeon Aug 12, 2024 2:09pm
381 Views
Post# 36174964

Commodities up

Commodities up

Gold, silver, copper Al up significantly. Large operating mining companies profits up, All this will eventually translate into large increases in exploration and junior mining companies. Just like Osisko being bought today. Question being will NFG be available for a buy out as a whole or in portions. From all appearances it will continue to expand the huge extent of the property for now. 

The next assay results, when posted should significantly influence the share price, which will be up if gold continues upwards.

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