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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 > Geo 3987 from the other board says.............
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Post by Evenkeel123 on Jul 25, 2024 12:49pm

Geo 3987 from the other board says.............

@geo3987As a geologist that's worked in multiple gold camps in Canada, I strongly disagree. Just averaging out intercepts from core does not equate average grade. He's also saying that an environmental permit for trenching is equal to an environmental permit for mining. That is 100% incorrect. His estimate of ounces in the ground at Keats is....questionable to say the least. I'm not going to sit here and say the ounces aren't real but it's certainly questionable. I'm not a resource geologist and I don't have Leapfrog to crunch the numbers and run my own resource.
Comment by nozzpack on Jul 25, 2024 2:07pm
That's his commentary on my estimates ? Wow. He can't even read . I do not average intercepts . My grades comes from the 2024 TR. Those , both uncut and cut ( above 1 gram ) , are the average grades for each meter drilled, including zero for blanks for both grade estimates. Nearly 500,000 meters of drilling though billions of tons of QWN is a very large sample size within that drilled ...more  
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