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 > Napkin Math is Solid if Not Conservative..5 million+ ounces

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Post by nozzpackon Oct 28, 2024 2:21pm

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Post# 36285429

Napkin Math is Solid if Not Conservative..5 million+ ounces

My calculations show that it fits very well with independent calibration using 2024 TR parameters .

Probably Conservative but at average depth of 275 m drillied excluding Deeps, we are talking about over 15 million ounces of above peer grades down to 1000 Meters .

Thats why the huge volumes..

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