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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 > Gold in the ground
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Comment by MAKEITBACKon Jan 13, 2025 5:32am
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Post# 36400610

RE:RE:RE:RE:RE:Gold in the ground

RE:RE:RE:RE:RE:Gold in the ground This is why a merger with MAE is the logical move. Yes, it will cause some share dilution, but their Hammerdown mine is almost ready to go and that will fund the bringing on line of Keats and Iceberg. Once in production, a new mine can be built, but no more dilution. Once in production, as the gold price rises, there will be no looking back!
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