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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 Margin321on Mar 25, 2025 11:53pm
295 Views
Post# 36509575

Tough report but consider this

Tough report but consider thisYou all know that grades are capped on values used for the resource. With many extremely high grade intersections, that would have an outsized impact here and provide some cost estimates too..

They could do a bulk sample from the Keats/Iceberg trenches which would give them a much better idea of actual grade. That might change overall perception a bit. They should do it right away. I can't think of much else that would help quickly.

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