XML 140 R30.htm IDEA: XBRL DOCUMENT
v3.24.1

INVESTMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
INVESTMENTS |
Summary of investments | ​
​ | ​ | ​ | ​ | ​
​ |  | December 31, 2023 | ​ | December 31, 2022
​ |  | $ |  | $
Equities held (i) | ​ | 3,408,092 |  | 7,474,287
Warrants held (ii) | ​ | 188,500 |  | 26,868
Total Investments | ​ | 3,596,592 |  | 7,501,155
Summary of equities | The Company held the following equities as at December 31, 2023: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  |  | ​ | Fair Value
​ | ​ | ​ | ​ | ​ | ​ | December 31,
​ | ​ | ​ | ​ | Cost | ​ | 2023
​ |  | Quantity |  | $ |  | $
Exploits Discovery Corp. |  | 13,229,466 | ​ | 8,462,704 |  | 1,587,536
Labrador Gold Corp. |  | 12,555,556 | ​ | 8,850,000 |  | 1,820,556
Long Range Exploration Corporation |  | 5,000,000 | ​ | 500,000 |  | —
Total Equities | ​ | ​ | ​ | 17,812,704 |  | 3,408,092
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  |  | ​ | Fair Value
​ | ​ | ​ | ​ | ​ | ​ | December 31,
​ | ​ | ​ | ​ | Cost | ​ | 2022
​ |  | Quantity |  | $ |  | $
Exploits Discovery Corp. |  | 13,229,466 | ​ | 8,462,704 |  | 3,770,398
Labrador Gold Corp. | ​ | 12,555,556 | ​ | 8,850,000 | ​ | 3,703,889
Long Range Exploration Corporation | ​ | 5,000,000 | ​ | 500,000 | ​ | —
Total Equities |  | ​ | ​ | 17,812,704 |  | 7,474,287
Summary of warrants | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  |  | ​ | Fair Value
​ | ​ | ​ | ​ | ​ | ​ | December 31,
​ | ​ | ​ | ​ | Cost | ​ | 2023
​ |  | Quantity |  | $ |  | $
Maritime Resources Corp. (1) |  | 15,324,571 | ​ | 174,500 |  | 188,500
Total Warrants | ​ | ​ | ​ | 174,500 |  | 188,500
| (1) | Each warrant is exercisable into one common share of Maritime Resources Corp. at a price of $0.07 per warrant until August 14, 2025, subject to extension to August 14, 2026 in the event that the Initial Maturity Date of the notes is extended to the Extended Maturity Date as defined in Note 8.
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  |  |  | Fair Value
​ | ​ | ​ | ​ | ​ | ​ | December 31,
​ | ​ | ​ | ​ | Cost | ​ | 2022
​ |  | Quantity |  | $ |  | $
Exploits Discovery Corp. | ​ | 6,666,667 | ​ | — | ​ | 10,331
Labrador Gold Corp. | ​ | 6,277,778 | ​ | — | ​ | 16,537
Total Warrants |  | ​ |  | — |  | 26,868
Summary of analysis of investments including related gains and losses | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ |  | 2023 |  | 2022
​ | ​ | $ | ​ | $
Investments, beginning of year | ​ | 7,501,155 | ​ | 31,942,458
Purchases of investments | ​ | 174,500 | ​ | —
Proceeds on disposal of investments | ​ | — |  | (4,827,266)
Realized losses on investments | ​ | — |  | (4,675,084)
Unrealized losses on investments | ​ | (4,079,063) |  | (14,938,953)
Investments, end of year | ​ | 3,596,592 |  | 7,501,155
​

X
- References No definition available. + Details
Name: | nfgc_IfrsInvestmentsAbstract
Namespace Prefix: | nfgc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of analysis of investments including related gains and losses. + References No definition available. + Details
Name: | nfgc_ScheduleOfAnalysisOfInvestmentsIncludingRelatedGainsAndLossesTableTextBlock
Namespace Prefix: | nfgc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of equity securities held. + References No definition available. + Details
Name: | nfgc_ScheduleOfEquitySecuritiesHeldTableTextBlock
Namespace Prefix: | nfgc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of investments. + References No definition available. + Details
Name: | nfgc_ScheduleOfTotalInvestmentsTableTextBlock
Namespace Prefix: | nfgc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of warrants. + References No definition available. + Details
Name: | nfgc_ScheduleOfWarrantsTableTextBlock
Namespace Prefix: | nfgc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration