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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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

Post by Dixiedeeon Nov 20, 2024 9:21am
117 Views
Post# 36321425

Does anyone really doubt there will be a mine or multiple

Does anyone really doubt there will be a mine or multiple

Does anyone really doubt that there will be a mine or multiple mines on this property some day ?
What is in question is when? How many? By who and how big and profitable they will be ? 

personally I think Newfound Gold will be mining the shallow stuff themselves while they continue to 
expand the resource and there will be one more raise for this to happen .maybe a buy in from someone maybe not .a buyin at this point would be very inexpensive for someone to get in with a foot in now could eventually take it all a piece at a time will have to see the MRE and PEA is the thing that will either open or close the door on the next chapter either way the shallow stuff iam sure will be mined by someone what that is worth is to be seen 

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