New Found Gold Corp. is pleased to announce the grand opening of its new 25,000sq ft core shack and office facility in Gander, Newfoundland and Labrador, designed and constructed to support logging and processing of drill core from the ongoing 500,000m drill campaign at its Queensway Project. The 100%-owned Queensway Project comprises an approximately 1,650km2 area with the current area of drilling focused along the [...]
New Found Gold Corp. is pleased to announce the results from 37 diamond drill holes that were completed as part of a program designed to follow up on newly discovered high-grade gold at Keats West located west of the highly prospective Appleton Fault Zone and from expansion drilling at Keats North. New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of [...]
New Found Gold Corp. is pleased to announce the results from 51 diamond drill holes that were completed as part of an ongoing systematic and targeted drill program exploring the highly prospective segment of the Appleton Fault Zone from the south end of the Keats Main Zone to the Knob Zone. New Found's 100% owned Queensway project comprises an approximately 1,650km2 area, accessible via the Trans-Canada Highway [...]
New Found Gold Corp. is pleased to announce the results from forty-eight diamond drill holes that were completed as part of an ongoing systematic and targeted drill program exploring the highly prospective segment of the Appleton Fault Zone from Dome to Lotto North. New Found's 100% owned Queensway project comprises an approximately 1,650km2 area, accessible via the Trans-Canada Highway approximately 15km west of Gander [...]
New Found Gold Corp. is pleased to announce the continuation of its environmental baseline studies and advancement on pre-development evaluations at its 100% owned Queensway Project , located on the Trans-Canada Highway 15km west of Gander, Newfoundland and Labrador. Highlights Environmental baseline studies are entering their third year and will ensure that New Found is in a favourable position to support future [...]
New Found Gold Corp. is pleased to announce an expansion of the exploration program at its 100% owned Queensway Project , located on the Trans-Canada Highway 15km west of Gander, Newfoundland. To date the Company has completed approximately 80% of its current 400,000m diamond drill program at Queensway. Approximately 60,000m of drill core is pending assay. Highlights During 2022, New Found drilled 184,911m of core [...]
New Found Gold Corp. is pleased to review the 2022 year of exploration at its 100%-owned Queensway Project . The Company entered 2022 with significant working capital and an aggressive drill plan to continue to build off initial discoveries made along a 2.7km stretch of the Appleton Fault Zone , which included Keats, Lotto, and Golden Joint. The discovery of multiple zones validated management's working model that gold [...]
New Found Gold Corp. is pleased to announce that it has closed its previously-announced "bought deal" public offering of 6,250,000 flow-through common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of $8.00 per Flow-Through Share for aggregate gross proceeds of $50,000,000 . The Offering was completed pursuant to an underwriting agreement dated December 9, 2022, entered [...]
New Found Gold Corp. has announced today that it has entered into an agreement with BMO Capital Markets, on behalf of itself and a syndicate of underwriters led by BMO Capital Markets, under which the Underwriters have agreed to buy, on a bought deal basis, 6,250,000 charity flow-through common shares of the Company at a price of C$8.00 per Charity Flow-Through Common Share for aggregate gross proceeds of approximately [...]
New Found Gold Corp. is pleased to announce the results from thirty-six diamond drill holes that were completed as part of an ongoing systematic drill program exploring a highly prospective segment of the Appleton Fault Zone immediately north of the Keats Zone. New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This [...]
New Found Gold Corp. is pleased to announce the results from one diamond drill hole that was completed as part of a program designed to follow up on newly discovered high-grade gold at Keats West located west of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This press [...]
New Found Gold Corp. is pleased to announce the results from five diamond drill holes that were completed as part of a program designed to follow up on newly discovered high-grade gold at Keats West located west of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This [...]