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.

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New Found Gold Corp > Infill results from Swan Zone

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Comment by Retiredgeoon Sep 01, 2024 11:57am

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Post# 36204652

RE:RE:Infill results from Swan Zone

The entire damage zone (<20 m) will be mined out. The channel sampling on the KMZ will give the first indication of an average mill grade. If you go to all the trouble and expense of building an underground gold mine you mine out all the gold that you can.

It's always the highest grade ore that gets the press.

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