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.

TSXV:NFG - Post by User

New Found Gold Corp > Question I asked of CK of newfound gold

<< Previous

Bullboard Posts

Next >>

Comment by nozzpackon Oct 15, 2024 7:23pm

152 Views

Post# 36267283

RE:RE:RE:Question I asked of CK of newfound gold

With high density grade control and GLS designed mining equipment, over 90% of the ore within the optimized pit can be excluded as waste ore.

For Valentine Lake, out of 609 million tons of rock within the open pits, only 51 million tons were to be mined and milled.

So, while reduced to gold concentrate would be desirable, direct shipping of mined ore separated by an optimized mining program would be quite adequate imo..

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec