New Found Gold Corp. is pleased to announce the appointment of Ron Hampton as Chief Development Officer of the Company. Ron will be based in St. John's, Newfoundland and will report to Collin Kettell, Chair and CEO of New Found. Ron brings over 25 years of project and engineering leadership experience to the role including extensive experience through the study, construction, and operational phases of project development [...]
New Found Gold Corp. is pleased to announce assay results from 39 diamond drill holes designed to further delineate and expand the network of high-grade gold veins and associated structures at the Keats Zone. These holes were drilled as part of the Company's ongoing 400,000m diamond drill program targeting +20km of prospective strike along the regional-scale Appleton and JBP fault zones at its 100% owned ~1500km2 [...]
New Found Gold Corp. is pleased to announce that it has commenced shipping drill core samples from its Queensway project to MSALAB's newly commissioned Chrysos PhotonAssay™ lab in Val d'Or, Quebec. New Found is conducting a 400,000m drill campaign on its 100% owned approximately 1500km2 Queensway project accessible via the Trans-Canada Highway approximately 15km west of Gander, Newfoundland. This press release [...]
New Found Gold Corp. is pleased to announce two new high-grade gold near surface discoveries hosted by two separate structures within ~65m of the north end of the Keats Zone. Both holes were drilled as part of a planned systematic program to drill test along the Appleton Fault Zone . New Found's 100% owned Queensway project comprises an approximately 1500km2 area, accessible via the Trans-Canada Highway approximately 15km [...]
Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 8,250,000 common shares of New Found Gold Corp. at $8.35 per Share for consideration of $68,887,500 in connection with the first tranche closing of the private agreement transaction announced by him on April 12, 2022. A second tranche closing is expected to occur on or about August 5, 2022 for 6,750,000 [...]
New Found Gold Corp. is pleased to announce that Collin Kettell has been appointed CEO of the Company and that Vijay Mehta has joined as a member of the Company's board of directors. As part of a planned transition Craig Roberts has resigned as CEO and as a director of the Company and will continue with the Company as a full-time consultant in the role of Lead Advisor. Stated Collin Kettell, Chair and CEO: "New Found [...]
New Found Gold Corp. is pleased to announce a new high-grade gold discovery between the Keats and Golden Joint zones, located approximately 440m north of the Keats Zone. NFGC-22-515 was the first hole drilled as part of a planned systematic program to drill test along the Appleton Fault Zone and returned 9.21g/t over 2.15m and 43.9 g/t over 3.85m. This hole is located in the Keats North area and this discovery has been [...]
Eric Sprott announces that, on April 11, 2022, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, entered into an agreement to purchase 15,000,000 common shares of New Found Gold Corp., which will result in an increase of ownership of approximately 9.1% of the outstanding Shares since the filing date of the most recent Early Warning Report, assuming the number of outstanding Shares remains at [...]
New Found Gold Corp. is pleased to announce assay results from 45 diamond drill holes designed to expand the high-grade gold mineralization at the Keats discovery located within a 9.45km segment of the +100km regional-scale Appleton Fault Zone on the northern portion of Queensway project that New Found is targeting with a 400,000m drill campaign. The Queensway project comprises an approximately +1500km2 area with initial [...]
New Found is issuing this press release as a result of a review by the British Columbia Securities Commission to clarify its disclosure in its March 24, 2022 news release which has been amended to include the changes outlined below. To meet the requirements of section 3.3 of NI 43-101 the Company has added additional higher-grade intervals within lower grade intersections to Tables 1, 2 and 3. Additionally, the Company [...]
New Found Gold Corp. is pleased to announce assay results from 23 diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint and Lotto discoveries located within a 1km segment of the Appleton Fault Zone north of the Keats Zone. This corridor is part of the +20km of prospective strike along the regional-scale Appleton and JBP fault zones on the Queensway project that New Found is [...]
New Found Gold Corp. is pleased to announce assay results from 51 diamond drill holes designed to test for epizonal style high-grade gold mineralization along the JBP Fault Zone . These holes were drilled as part of the Company's ongoing 400,000m diamond drill program at its 100%-owned Queensway project located on the Trans-Canada Highway 15km west of Gander, Newfoundland. This press release features multimedia. View the [...]