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.

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New Found Gold Corp

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Comment by nozzpackon Mar 26, 2025 4:50am

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Post# 36509640

RE:Tough report but consider this

Absolutely.
Maybe just 5000 m of closely spaced grade control on 10 spacing would sufficiently define the higher grade economic gold that surgical mining would enable the recovered ore to be directly shipped to the Pine Cove mill.

My analyses of Keats Trench showed that economic grades of ore were discretely concentrated in just 11% of the space.

A crusher and grinder can be had from the recently moth balled metal plant in NW Gander ...

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