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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 nozzpackon Jan 12, 2025 9:47am
150 Views
Post# 36399890

Something Happening at Maritime

Something Happening at MaritimeThis past week, volume has increased , resulting in a progressive increase in the share price from 5 cents to 8 cents.

Lots of production resumption  news backed up for release, but other possibilities could be implementation of the Tolling agreement with NFG, mergers or buyouts with Firefky or NFG, price establishment for HD mine Re opening, acquiring BRAU 's stranded 1.5 million ounce gold/ copper deposit , acquiring LAB for its cash / NFG shares, acquisition of Fireflys 2 Nuggett Pond mills etc.

Most likley is the congruent news that the Pine Cove mill has been fully upgraded and tested , stockpiled ore has been been crushed and ready to mill and that grade control of the  HD mine has been completed.

But, it could be the tolling agreement ....good a guess as any..
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