New Found Gold Corp V.NFG

Surface trenching

[osmosis]

Within the past couple of weeks the surface trenching has restarted. There is no news release but there are 3 330 excavators and 4 rock trucks back working at the site. They are expanding on the previous areas that were trenched. Also heard from a good source that NFG didn't want to do the MRE/PEA yet but were forced into it by the provincial government. Drilling currently being done to a depth of 2800 meters.

[nozzpack]

That expansion is probably associated with the extension of the massive East West vein and perhaps whether the Keats Ttench and nearby Iceberg Trench are connected and part of a single large ultra high grade system extending over 700 meters. That is, even larger than the Swan and Eagle discoveries combined. The Provincial Govt wants mining jobs of which there are virtually none in NL this past 2

[Global1966]

Why doesn't  the provincial government fund a mine. The pay-off are jobs and a return on capital invested. They appear to be happy enough wasting money on surplus deficits 

[nozzpack]

They are becoming much more compliant in permitting issues . Excavating KT and direct shipping the ore to the Pine Cove Mill is just a matter of signature...

[Retiredgeo]

Go Newfoundland government Go.

[unclebobby]

Seems the govt wanted things to move along, more respect for NFld govt

[Gangsterme]

If actually drilling to that depth and then find gold mineable deposit this will be a game changer with regard to total potential stock price,