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.

TSXV:NFG - Post by User

New Found Gold Corp > Rick Rule's thoughts

<< Previous

Bullboard Posts

Next >>

Comment by Retiredgeoon Aug 25, 2024 7:24pm

133 Views

Post# 36195442

RE:RE:Rick Rule's thoughts

The Queensway property is 60 Km North to South with 120 Km of fault strike length. Of course most of the results are negative. Newfoundland is not made out of gold!

As retail investors we have no info as to who might be interested or at what price or under what conditions. The only fact we know is that no deal has been announced to date.

If you are looking for a mine to invest in I suggest that you look elsewhere. Queensway is a mining district in it's early days.

<< Previous

Bullboard Posts

Next >>

Gold, growth and sustainability in focus for Mandalay Resources