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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 > Commissioning of Pine Cove Mill
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Post by nozzpack on Aug 01, 2024 4:13pm

Commissioning of Pine Cove Mill

The last preparatory stage for the newly inspected and upgraded Pine Cove mill is re-commisioning .

Maritime has about 100,000 tons of stockpiled ore plus whatever the Gravity circuit can recover from the Aggregates wash plant.

Not much upstream processing of this partially processed ore, so about 2 months through the Pine Cove mill, generating about $14 million in gross sales.

Lets say two months which gets us into early September to start on tolling QW ore starting with Keats Trench .

Those numbers are well known.

Ronnie gets things done.

No more ATM and no more PP..
Comment by Evenkeel123 on Aug 01, 2024 4:41pm
Looks like another wishful thinking dream post, lol.   It's OK Nozz, we are used to your presentations by now, and I can't wait till the crowd turns on you. It's coming.  EK
Comment by nozzpack on Aug 01, 2024 6:07pm
"Maritime has identified approximately 85,000 tonnes to 115,000 tonnes of stockpiled and tailings material grading approximately 1.1 grams per tonne (g/t) gold for approximately 3,000 ounces (oz) to 4,000 ounces of contained gold.   The potential quantity and grade is conceptual in nature and there has been insufficient exploration to define a mineral resource. It is uncertain ...more  
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