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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 > 59 ounces of gold in one ton of ore wow
View:
Post by Dixiedee on Mar 01, 2024 10:25am

59 ounces of gold in one ton of ore wow

New Found Makes New Discovery with 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”


1910: G/t au that's 59 ounces of gold in a ton on ore not that much ore but a lot of gold that sure increases profit margin on a open pit high grades increase profit margins exponentially and this is what we have all over these open pit potential mines now just think if we have this or better at depth like the geology suggests keep posted company is drilling deep right now and sending to lab exciting times to be a newfound gold shareholder and being able to add at a huge discount

Comment by BUYSilverGold on Mar 01, 2024 10:28am
then WHY are we testing LOWS not seen in 3 years???????????????? very little Volume and we certainly aren't attacking key overhead resistance uugghhhh
Comment by BladeMaster on Mar 01, 2024 10:32am
Amazing isn't it? 2000 grams at 0.3 meters... Now, if your at NFG looking at this core sample, are you thinking "HOLY SH*T", how many more samples like this will we find along that 70 KM stretch...  Very exciting indeed... AND we haven't drilled at DEPTH!!!! 
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