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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 26, 2024 7:03am
203 Views
Post# 36195673

Initiation of Production will triple the share price

Initiation of Production will triple the share priceContemporary valuations of gold producers....currently exhibiting a strong upwave...shows that, the valuation of gold producers are over triple that of explorers with the same gold resources.

Having among the highest grades in the world in just the top 250 meters of drill delineation and already 
more than 10 drill defined shallow deposits amenable to open pit production, to my knowledge , there have never been an open pit gold mine with sustaining grades above 10 grams in a milieu where the average is less than 1.5 gms.

Early production in whatever form willl place NFG shareholders on the parapets of great riches, requiring only the most logical of decision by management .

It is ours to demand..
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