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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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 > Marathon Gold Feasibility
View:
Post by suregold2 on Jul 23, 2022 11:08am

Marathon Gold Feasibility

Take a look at their last technical report/feasibility since it is next door to NFG. They have a LOM grade of just 1.36 grammes  and mine thoughput will be 6850 TPD. All in costs of approx $800 per ounce! Initial Capex is $305 million!
No wonder  ES is drooling all over NFG!
Comment by JoanWick on Jul 23, 2022 12:03pm
Oh cmon. Any mining contactor can tell you aisc wont be 800$ at that grade.  Joan
New Found Gold Corp
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