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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 > Geo3987 continues his challenge on NFG
View:
Post by Evenkeel123 on Jul 25, 2024 1:20pm

Geo3987 continues his challenge on NFG

@geo3987 They've certainly drilled a significant area, can it justify 650k m...I don't think. They're 12.5m spacing at Keats is scary. The lack of transparency for the drill intercepts worry me. I've talked about this in the past but when companies make a PR with drill results and no clear cross sections to demonstrate continuity, it alarms me a little and makes me ask myself "what are they hiding and why don't they want us to see the sections?" The system is definitely top tier in complexity. They are not easy to understand. Look at the most recent videos showing the deep drill core. You can see the complex tight folds in the core.
Comment by nozzpack on Jul 25, 2024 2:28pm
Re QWN outstandung grades which exceed those of Fosterville,Geo states that " grades mean nothing if they are inconsistently spaced therefore making it uneconomical ". So, 75% of the worlds gold is produced by orogenic gold mines who by their very nature, their gold distribution is vein and stock works.   Yes of course, and excellent geological model is needed, bolstered by ...more  
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