New Found Gold Corp V.NFG

Uncle Eric …The advantages of Superior grade

[nozzpack]

It seems like Maritime will be placing a central proven high tech gold ore sorter at the Pine Cove mill.

Multiple tests by Maritime on the HD ore showed that the ROM ore grading 4.5 grams per ton , subsequent to XRAY sorting would be so efficiently separated that the feed grade entering the Pine Cove mill  would be 6.7 grams per ton ...a 45% increase in grade of ore entering the mill.

Now, let's take my TR 2024 average grades of the 10 major discoveries of QWN todate....see todays table ....12 grams per ton ..very hard numbers.

So, subsequent to Ore separation technology after arriving at the Pine Cove mill, that 12 gram ore will enter the Pine Cove Mill at just above 17 grams per ton.

Lets round it off to 16 grams per ton or better than 1/2 ounces per ton entering the mill.

Very quickly, the Pine Cove mill need only mill 300,000 tons per year of QWN ore to generate 150,000 high grade ounces of QWN per year.

Thats close to $500 million CAD in gross revenues  per year at, by my calculations of 1 gram per ton cutoff grade, about a gross margin above 75%  or about $375 million in CAD per year.

The three year contract would yield nearly $1 billion CAD in unfettered cash flows , sufficient to construct its own Mine and Mill at QWN.

Ronnie, like Uncle Eric , is a bountiful mathematician .

His record speaks for itself .

AIMHO

GLTA

[Patient1nvestor]

Any rough idea when this can happen?