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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 > 1st part from NFG didn’t copy here is it in its entirety
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Post by Dixiedee on Aug 23, 2024 5:25pm

1st part from NFG didn’t copy here is it in its entirety

See below 

The deeper drilling, which has been a core focus of ours for the best few months, does take longer to complete. We are getting more efficient with the use of directional drilling, but still, it takes time to get results back. I am unable to guide on timing of the next release except as to say it should not be long.
 
We are currently operating six drill rigs. Employee count is approximately 90 employees.
 
The Company does utilize Chrysos exclusively now at the project through commercial arrangements with ALS Canada.
 
I hope this helps, very best,
Comment by Global1966 on Aug 24, 2024 11:57pm
I expect the next PR will be on the ATM so he's not fibbing. Much
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