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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 > QH on latest Crescat video speculates on NFG;
View:
Post by cyberman on Sep 10, 2021 4:08pm

QH on latest Crescat video speculates on NFG;

"...back in the saddle..." (not only Aerosmith, NFG ROCKS)

"...i think they have 10 drills going, i'm not sure, they could have more.."

"...still early days there..."

17:21

https://www.youtube.com/watch?v=Db0irMV3kcg
Comment by megacopper on Sep 10, 2021 5:16pm
  Guys there is lots of high grade gold right along the Appleton Fault. And these guys have over 70km of it. Imagine they have found 3 Swan like high grade gold zones near surface in only one year of drilling on a 2km section of the Appleton Fault. Huge success in the first year and they have been cherry picking all the stuff close to surface near the highway and near infrastructure.  ...more  
Comment by likeike on Sep 10, 2021 8:07pm
What do you think they will find on the Queensway South once they get down there drilling. The Rock Doctor says NFG is a slam dunk investment because they will find a lot more high grade zones and of course they all extend deep into the earth's crust. These zones all go deep and there will be narrow sections and wider sections depending on the rock formations surrounding the fault. They have ...more  
Comment by diabase1 on Sep 10, 2021 8:08pm
Megacopper, a question for the Rock Doctor. In this area along the Appleton Fault, what is the source rock for all this gold? Could it be ultramafic intrusives? What else??
Comment by Flyder on Sep 10, 2021 8:32pm
Did you catch QH's little comment at 44:30?  "Just recently found some high grade well, well south of the property." What a carrot he dangled there about Queensway South! Other favorite lines: "Erosion has cut down into the system and you are right at that sweetspot where high grade gold is poking out at surface." "Everything up and down the Queensway Project ...more  
Comment by megacopper on Sep 11, 2021 11:22am
  He says the gold is carried in the hydrothermal fluids that comes up from down deep in the earth's crust and follows the faults and fractures in the host rock. The gold itself is found in the quartz. The host rock could be any type of rock. In the case of Queensway North the guys at New Found Gold say the host rocks are altered sedimentary rocks. See below for details from the NFG ...more  
Comment by diabase1 on Sep 11, 2021 4:16pm
Thanks Megacopper, to you and the Rock Doctor for your response.
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