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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 > Great news release!
View:
Post by wajac on Jan 19, 2022 10:29am

Great news release!

Looks like the Golden Joint is another Keats and there will be many more zones to test. And that's just Queensway north. Four fifths of the property is on the other side of the TCH waiting to be drilled. There will be many more Keats Zones along the Appleton Fault. And remember the JBP Fault runs almost parallel to the Appleton Fault and has been described in glowing terms by NFG regarding its potential.

They are one third of the way through a 400000 meter drill program with 30000 meters of drill core to be reported. 10 drills are currently operating and 4 more are scheduled to be brought in during the first quarter of 2022. This time next year the current malaise will be viewed as nothing more than a blip.

On the ground here in Gander activity level continues to be high. There's always a ton of activity at the core building. Construction of the new office/core facility is ongoing. NFG is steadily pushing ahead. It has the funding and it has the personnel to accomplish its goals. It all looks good to me.I don't see any negatives. Those who stay the course will be rewarded handsomely.
Comment by megacopper on Jan 19, 2022 10:56am
  Very well said. I agree 100%. Anyone who understands these gold systems and have compared NFG's Queensway discovery to that of Fosterville knows that this is an incredible robust gold system along the Appleton Fault that will keep giving world class high grade gold. The Golden Joint is now being proven to be another spectacular high grade zone. Long and strong on NFG. Enjoy the ...more  
Comment by wajac on Jan 19, 2022 12:31pm
Mega, another plus this year for drilling is the warm weather and lack of snow to date. No difficulty getting around on those old logging roads. I had no difficulty last week checking out the drill on the JBP Fault. The drill has moved back toward H Pond.  To date they have drilled a lot of  holes in the H Pond/Pocket Ponds area. There must be something good there!
Comment by megacopper on Jan 19, 2022 2:06pm
  Yes I'm back out at work now but I was able to get in for a look last week and they are spending a lot of time now out by H Pond with the drill. With hardly any snow the boys are actually getting some ground work done as well taking lots of samples out there and the geophysics guys are steady on the move working hard spotting new drill holes. There will be more high grade gold ...more  
Comment by Global1966 on Jan 19, 2022 6:03pm
Hi to the on ground reporters for this forum. Can you update us on what's happening at Lotto. Drills on the site...... Thanks in advance
Comment by megacopper on Jan 19, 2022 6:45pm
  Here is my drill count as per Jan. 12th 10 drills total. I saw the drills on Queensway North with my own eyes. I am assuming that they moved 2 drills down on the Eastern Pond targets because that was the plan to be drilling down there by February. Someone else can confirm with the company. And the drill locations are very dynamic so they can change locations from week to week.  ...more  
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