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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 > How much is gold in the ground worth?
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Comment by Dixiedeeon Dec 29, 2024 11:52pm
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Post# 36380353

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?Ounce the MRE comes out it will be repriced maybe at 175 to 200 per ounce but that's not what it will be sold for in a buy out it would be much higher or what it would be if it goes into some form of production .The lows are already in and the repricing is about to start in anticipation of the MRE and PEA and possibly them putting part of the ground into production themselves .Ethier way this thing is going higher in my opinion..
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