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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 TheGreekGoldGuyon Sep 23, 2024 8:50am
129 Views
Post# 36236056

Phase 1 channel results

Phase 1 channel resultsThese results should rattle the why are they here gang, but theyt are not a very smart group. EvenKeel already made a ignorant statement a few minutes ago.  Here are the facts.

  • The Phase I channel sampling program was completed over a stripped bedrock surface that is 200m long by 70m wide with a 27-line sampling grid spaced 7.5m apart, covering a total length of 1,782m that includes 2,200 individual samples.
  • A Phase II channel sampling program is ongoing at Keats that is designed to increase the sample density along very high-grade veins to provide more certainty about grade variability of these domains. In addition, the Phase II program aims to better assess vein domains oblique to the systematic grid that were not adequately represented in the Phase I program.

GGG here, the phase 2 results will be most interesting
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