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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 nozzpackon Sep 01, 2024 9:22am
90 Views
Post# 36204529

RE:Some Swan Zone ETWs

RE:Some Swan Zone ETWsAs is computationally obvious, these dril results of the Swan Zone have highly variable ETW ratioes relative to reported intercept lenghts.

For NFG intercepts, it is stated that most ETW would be mostly in the 70 % to 95 % although short infills could be in the 40 % to 70 % range.

These are no differrent than the ETW ratioes reported for the Swan Zone , so reported intercepts and grades for QWN can be compared directly with those of the SWAN zone without risk of mis- comparsons.

If memory serves me corrrectly , this has been done in one of my posts and  Queenie ranks higher than Swannie due to extended intercept lenghts in QWN.

FWIW
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