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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 > Such good news this morning
View:
Post by likeike on Nov 08, 2021 2:17pm

Such good news this morning

  • New Found is pleased to report that it is proceeding immediately with assaying of drill whole-core samples from its Queensway Project utilizing the Chrysos PhotonAssay™ method at Intertek’s facilities in Perth, Western Australia. Novo Resources Corp. (TSX; NVO) ("Novo") a significant shareholder of New Found currently utilizes Intertek’s Chrysos PhotonAssay™ facilities in Perth for production and exploration samples from their Western Australian gold mining and exploration projects and is facilitating priority access for New Found to the Intertek facilities under Novo's arrangement with Intertek.1

  • The Company is planning to send the first shipment of Queensway drill core from Gander this coming week, including intervals from recent drilling that were previously designated for conventional assay on a rush basis. Assay results from these samples are anticipated to be received and reported in the coming weeks.

Comment by likeike on Nov 08, 2021 2:31pm
Dude it will get shipped Fedx and do not bother QH which shipper he prefers. I do think the timing also occurred because NVO had those 2 machines dedicated to its massive backup from the Pilbura that took 4 months and are now more freed up.  NFG will not be able to attack their massive backlog until we have operating photoassay machine in Gander. Anyone care to quess how bad our lab ...more  
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