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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 > Aide Memoire to geo@3987
View:
Post by nozzpack on Jul 26, 2024 7:49am

Aide Memoire to geo@3987

Surely you must know that the largest open pit gold mine in Canada is orogenic and that's its average mined grade is just 1 gram per ton .
N'cest pas ?

Its Detour Lake which has produced well over 5 million ounces since opened in 2013 and still has over 20 million ounces in its gold pantry and still counting.

There are substantial others in Canada too....

Perhaps you might inform the Detour Group that your analyses of the current 20 million ounce Resource that their masterclass open pit mine contains, indicates that those 20 million ounces cannot be economically mined.

Copy their reply on this BOD but leave out all curse words..
Comment by Evenkeel123 on Jul 26, 2024 8:09am
I thought the largest open pit mine and operating gold mine was Malartic  They have about 5 years to go, and then they go underground.  They are running at about 1.78 grams per ton.  Correct? EK
Comment by nozzpack on Jul 26, 2024 8:27am
Go to Agnico website and there you will find that DL ...is the largest producing gold mine in Canada