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 > Does the management have ulterior motives to let SP tank?

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Comment by SkipperTon Nov 02, 2024 1:18pm

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Post# 36293709

RE:RE:RE:Does the management have ulterior motives to let SP tank?

From Google: Free-milling gold is gold ore that can be easily processed to recover the gold using gravity techniques or direct cyanide leaching. It's considered free-milling if more than 90% of the gold can be recovered using these methods.

Free-milling gold is easier, faster, and less expensive to process than complex gold, which is locked together with the ore and requires more complex processing.

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