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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 > Adding Drills is aggressive+good sign
View:
Post by goldanalyst on Apr 11, 2022 7:40am

Adding Drills is aggressive+good sign

"Queensway 400,000m Drill Program Update
 
Approximately 40% of the planned 400,000m program at Queensway has been drilled to date with approximately 19,120m of the core with pending assay results. Eleven core rigs are currently operating and New Found is targeting an increase in the drill count to 14 rigs."
Comment by megacopper on Apr 11, 2022 7:48am
  Yep and these drill intersections below are every bit as good as the Swan Zone at Fosterville consistently above 100 gram meters with some over 200 gram meters. NFG shareholders were spoiled early on with spectacular mind blowing intersections so these results, are world class but when compared to the best at Queensway make investors yawn. Nice problem to have when 200 gram meters ...more  
Comment by megacopper on Apr 11, 2022 8:05am
    Please see below for details on the Swan Zone which was and still is one of the richest gold zones on the planet and compare it to these latest results by NFG.    https://www.agnicoeagle.com/English/operations/operations/Fosterville-Gold-Mine/default.aspx The Swan Zone, currently the highest-grade mineralized zone at Fosterville, is 2-5m in width, dips west ...more  
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