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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Correction!
View:
Post by diabase1 on Jul 11, 2021 7:11am

Correction!

Megacopper, you are right. There are only 6 gold in till anomalies in NFG's Queensway South. I was using Golden Ridge's (GLDN) gold in till map that showed 7 anomalies. After checking this map over more clearly, I noticed that NFG's  6 anomalies were on it, located exactly as they should be. However, the 7th anomaly was GLDNs, superimposed with NFGs. The colour scheme was the same too for each anomaly, so I can now see my error in counting 7.
In checking further, I see where Sparton Resources carried out a gold in till and stream sediment survey in 2002, downstream from the center of the Williams property.  GLDN also carried out their own soil survey with the results released on Oct 26, 2020. I believe the combination of the above 2 surveys is what's plotted on their map, shown in their June 2021 Presentation. Check out GLDN's gold in till map. Hope this clarifies the extra gold in till/soil anomaly. The one nice thing about it, is that GLDN's anomaly lies close, if not on the Appleton Fault!!
Comment by freemax1 on Jul 11, 2021 1:09pm
diabase ,mega & others  Thank,s for your informative posts allways pleasant to be well informed ! My only hope in these NFL gold discovery this will stay in the Prov. as the NFG,SIC, NFLD, LAB & others will become MINES owned by the NFL peoples. = best part of the profits for the prov. I am loading,  best luck
Comment by megacopper on Jul 11, 2021 3:11pm
  Yes GLDN is in a key area so when NFG decides to drill on Queensway South they should do well or if they decide to drill themselves sooner. Definitely one to own as is ROX SIC LAB and NFLD. Lots of activity with drills turning everywhere on the island. The race is on for the next big gold discovery. Fun times. 
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