New Found Gold is pleased to announce that it has entered into three royalty purchase agreements with arm's length royalty holders, whereby New Found will purchase 100% of each Vendor's royalty interests, each equal to 0.2%, for an aggregate of 0.6% of net returns from the Company's Linear and JBP Linear properties. New Found had previously granted the Vendors the Royalty Interests under a Net Smelter Royalty Agreement [...]
New Found Gold is pleased to provide an update regarding the previously announced non-brokered private placement with Mr. Eric Sprott of 5 million common shares of New Found, at a price of C$9.60 per Common Share, for gross proceeds of C$48 million. The Company has agreed with Mr. Eric Sprott that the Common Shares will qualify as "flow-through shares" of the Income Tax Act. All other terms of the Offering remain the [...]
New Found Gold Corp. is pleased to provide an update on fieldwork and reporting of drill results from its 100%-owned Queensway Project, located on the Trans-Canada Highway 15km west of Gander. New Found is pleased to report that it is proceeding immediately with assaying of drill whole-core samples from its Queensway Project utilizing the Chrysos PhotonAssay™ method at Intertek's facilities in Perth, Western Australia [...]
New Found Gold is pleased to provide an update regarding its QA/QC Program at Queensway and to announce its plans to proceed with Chrysos whole-core PhotonAssayTM methods for the assaying of core samples from its 100%-owned Queensway Project, located on the Trans-Canada Highway 15km west of Gander. This press release features multimedia. Scatter Plot, 30 Half-Core Verification Samples versus 30 Original Half-Core Samples [...]
New Found Gold 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 51% of its current 200,000m diamond drill program at Queensway. Approximately 24,000 m of drill core is pending assay results. Highlights Nine core rigs are currently operating, with a tenth [...]
New Found Gold Corp. is pleased to announce that it has arranged a non-brokered private placement with Mr. Eric Sprott of 5 million common shares of New Found, at a price of C$9.60 per Common Share, for gross proceeds of C$48 million. New Found intends to use the proceeds of the Offering to fund exploration of New Found's 100% owned Queensway Project and for working capital and general corporate purposes. The Offering is [...]
New Found Gold is pleased to announce recently received assay results from eleven holes drilled at the Keats Zone, located along the Appleton Fault Zone. These holes were completed as part of the Company's ongoing 200,000m diamond drill program at its 100% owned Queensway Project, located on the Trans-Canada Highway 15 km west of Gander. Highlights Highlight intervals are summarized below. Additional results are provided [...]
New Found Gold is pleased to announce recently received assay results from hole NFGC-21-238 drilled at the Keats Zone, located along the Appleton Fault Zone. This hole was completed as part of the Company's ongoing 200,000m diamond drill program at its 100% owned Queensway Project, located on the Trans-Canada Highway 15 km west of Gander. Highlights The NFGC-21-238 discovery interval is summarized below and in Table 2 [...]
New Found Gold Corp. is pleased to announce assay results from eight step-out diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint Zone, a recently made discovery located approximately 1km north of the Keats Zone and approximately 850m south of the Lotto Zone. These holes were drilled as part of the Company's ongoing 200,000m diamond drill program at its 100%-owned Queensway [...]
New Found Gold Corp. is pleased to announce that, further to its news release dated September 24, 2021, its common shares will commence trading on the NYSE American Stock Exchange under ticker symbol "NFGC" at the open of markets today. New Found's common shares will continue trading on the TSX Venture Exchange under ticker symbol "NFG". Concurrent with the start of trading on the NYSE American, New Found's common shares [...]
New Found Gold Corp. is pleased to announce the appointment of Melissa Render, P.Geo. as Vice President of Exploration. As a lead consultant to New Found, Melissa has played an integral role in the planning and execution of exploration activities since inception of the Company's ongoing 200,000m drill program on its Queensway Project in Newfoundland. Melissa's background includes extensive senior supervision and [...]
New Found Gold Corp. is pleased to announce that the Company intends to list its common shares on the NYSE American stock exchange in the United States. New Found expects its common shares will commence trading on the NYSE American on or about September 29, 2021, under ticker symbol "NFGC". New Found's common shares will continue trading on the TSX Venture Exchange under ticker symbol "NFG". Concurrent with the start of [...]