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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 for the board...
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Comment by Patient1nvestoron Oct 18, 2024 12:41am
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Post# 36271044

RE:RE:question for the board...

RE:RE:question for the board...Retiredgeo, as NFGC has not yet definition drilled any of the deposits when the management's busy proving the tenement to be numerous deposits of district scale, what's the chance of most, if not all deposits, turning out to be uneconomical, in the definition drillings in the future. I have no background in the field whatsoever, please excuse my ignorance.
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