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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 > # of drilling rigs operating?
View:
Post by snooker1797 on Sep 13, 2023 10:30am

# of drilling rigs operating?

i heard the number 16  rigs working on queensway on another bulliton board ,
anyone know the real number?
Comment by Retiredgeo on Sep 13, 2023 10:47am
It was 15-16 at the max.  I have not heard a more recent figure.
Comment by Flyder on Sep 13, 2023 11:15am
They don't say anymore what percentage of the 500,000m program is completed, and the number of assays still pending keeps dropping with each nr.  Could be they are close to finishing the 500k program.
Comment by Retiredgeo on Sep 13, 2023 11:36am
Page 9 of the Corporate presentation refers to today as pre-development.  It is another sign that they are getting serious about mining some of this gold.  At some point in time exploration has to give way to development.  They have been exploring for 4 years now.  How many more gold zones do they need?  Can they do better than the KMZ and Iceberg sitting at surface?
New Found Gold Corp
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