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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...
) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.
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TSXV:NFG - Post Discussion
New Found Gold Corp
> Seismic Initial Interpretation Very Soon
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nozzpack
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Post by
nozzpack
on Nov 01, 2023 9:27am
Seismic Initial Interpretation Very Soon
The final phase of the program, consisting of data cleaning, compilation and interpretation, is now under way with a targeted completion date of October, 2023, while more detailed interpretive work will continue into Q1 2024.
We are now Fully Funded so...
Upon receipt of the initial interpretation, the company intends to generate drill targets for immediate testing in Q4 2023.
(3922)
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nozzpack
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Comment by
nozzpack
on Nov 01, 2023 9:59am
The Choice and type of Drilling will be significant Imo. Extensional or infill, shallow or ultra deep . First to Production is obvious..
Thank You
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