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 > Latest Napkin Math 6.7 m Oz ..$2.5 billion in ground

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Comment by RockyFelleron Dec 03, 2024 10:09am

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Post# 36342703

RE:RE:Latest Napkin Math 6.7 m Oz ..$2.5 billion in ground

Thanks. I've never seen this 'Napkin Math' before. When all is said and done, I believe there is a lot more than 7 mil ozs. at Queensway. I'm assuming the AISCs will be fantastic as well. A lot of people have lost interest in NFG, so a resource estimate can't come soon enough to get the SP back to all time highs.

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