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

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Comment by nozzpackon Jan 14, 2025 9:03am

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Post# 36402899

RE:What

Have no idea what MOU is but MAE with fair value of $0.50 per share , on conservative production volumes beginning this month , with additional revenue streams and hegemonic control of gold production in NL until at least 2030, is easily the best junior gold producer in Canada and US.

NFG cannot produce a single ounce of gold until about 2030 without the excess milling capacity of MAE's two gold mills..

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