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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 25, 2024 11:43pm
112 Views
Post# 36195567

RE:RE:RE:Rick Rule's thoughts

RE:RE:RE:Rick Rule's thoughtsIf Fosterville style orogenic epizonal type of deposits is what we have in mind here, then eventually we will find that big mother lode for each zone, as in Fosterville in Victoria, Australia. Mind you, as an Australian who happened to own shares well before the discovery of Swan Zone, I was told the company had been drilling for more than 20 years before the discovery of the mother lode. Well, Rick Rule wants to wait until NFGC discovers the mother lodes, that is okay, it is his preference. 
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