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 > Chew on this from the other board from that Bullion guy

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Comment by nozzpackon Nov 10, 2024 1:02pm

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RE:Chew on this from the other board from that Bullion guy

No documentation to support that Figure of $65 per ton ?

Why present it then..

If you have suffucient definition drilling and grade control to define ore bodies/ shoots, you can mine direct ship that to the mill.
Any waste ore is used as aggregate and any contained gold could be recovered from the aggregate wash plant .

If NFG we're smart, they would acquire MAE outright and spin out QWN to shareholders as part of the
process....unlocking hidden values of both in the process..

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