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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 > Drilling
View:
Post by jwillis9 on Jul 05, 2024 9:46am

Drilling

Having worked in the mining industry for many years, I highly doubt they would have hired a specialized drilling company to come in if the gold wasn't there.
Comment by nozzpack on Jul 05, 2024 10:03am
Absolutely correct. Their own implicit 3D model would have excellent indications of seismic fault identifiers and they may have even obtained Marathons 1000 meter core to provide the initial deep calibration. An expensive project but probably very much derisked by cautionary research..
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