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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

Comment by Dixiedeeon Dec 29, 2024 11:41pm
83 Views
Post# 36380346

RE:RE:RE:RE:RE:How much is gold in the ground worth?

RE:RE:RE:RE:RE:How much is gold in the ground worth?If it isn't economically sound it is worth zero in the ground .I'am talking about an economically sound discovery in a friendly mining jurisdiction with high grades and accessible infrastructure ( roads ,airports,electricity,water ,etc) We have all of that with Newfound Gold . All the factors that go into a higher price in the ground can be checked off already it's just how many ounces to start with is the question and in what category will they be placed each category has a different price per ounce 
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