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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 nozzpackon Aug 16, 2024 10:00am
161 Views
Post# 36182362

POG at $2533

POG at $2533Not to monetize by early mining at these prices does not make much Sense.

The only other funding option is more equity dilution including ATM.

A permit for a large bulk sample of 50,000 tons from Keats Trench can be obtained forthright.

Just 500 meters from the Highway, with the Pine Cove mill having all of the other required mining permits, what's not to like.

Drill, blast and excavate..
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