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

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Post by nozzpackon Mar 26, 2025 4:39am

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Post# 36509638

Gold continues to rise, now $4350 in CAD

Those 1.1 million ounces at 4.3 grams per ton, easily recoverable by gravity concentrator and leached into gold dore at the Pine Cove mill, now have a market value in excess of $4.5 Billion.

Did you know that Gmin has built a market cap of $4.4 billion on just 3 million ounces of Reserves, on early production of less than 75,000 ounces ?

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A Canadian oil and gas stock with outsized production upside