New Found Gold Corp. is pleased to announce the results of the second phase of channel samples from the Keats Trench and an update on the Iceberg Trench at the Queensway Project. Keats Trench Phase II Highlights: Channel No. From To Interval Au True Width Zone KM-24-01-32 1.75 8.90 7.15 14.78 85-95 Keats Trench Including 2.65 3.35 0.70 126.01 85-95 KM-24-01-35 0.00 3.90 3.90 10.37 80-90 Keats Trench Including 0.00 1.30 [...]
New Found Gold is pleased to announce that the Company has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report for New Found's 100% owned Queensway Project, entitled "NI 43-101 Technical Report, New Found Gold Corp.'s Queensway Gold Project: 2024 Property Expansion and Exploration Update", with an effective date of Nov 1, 2024 The purpose of the Technical Report is to provide [...]
New Found Gold Corp. is pleased to announce initiation of work towards a maiden resource estimate and preliminary economic assessment for the Queensway Project. The Company has engaged SLR Consulting to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025. The appointment of SLR to deliver a maiden resource and PEA is an important milestone for the Project as it will provide the first [...]
New Found Gold is pleased to report results from the 2024 Phase II Metallurgical Testing Program conducted on drill core samples collected from the Iceberg and Iceberg East zones as part of the exploration program at its 100% owned Queensway Project. Phase II metallurgical testing commenced in 2024, focused on Iceberg and Iceberg East. A total of 46 Variability Composites were generated from approximately 340 metres of [...]
New Found Gold Corp. is pleased to announce the results from 10 deep diamond drill holes including three wedge holes completed at its Queensway Project targeting depth extensions of gold mineralization along the Appleton Fault Zone in addition to eight diamond drill holes testing near surface targets adjacent to Iceberg Alley and Keats South. New Found's 100%-owned Queensway Project comprises a 1,756 km2 area, accessible [...]
New Found Gold Corp. is pleased to announce the results from six diamond drill holes completed at its recently acquired Kingsway Project that adjoins the northern border of the Queensway Project and is on trend with numerous discoveries made further south along the Appleton Fault Zone. In addition, the Company is pleased to announce the results from 29 diamond drill holes that were completed as part of a drill program [...]
New Found Gold Corp. is pleased to announce that further to its press release dated July 30, 2024, the Company has elected to purchase the remaining royalty on its Golden Bullet property from three arm's length royalty holders. As announced on July 30, 2024, New Found purchased 0.6% of the Vendors' 1.6% net smelter returns royalty on the Company's Golden Bullet property and had the right to purchase the remaining 1% net [...]
New Found Gold Corp. is pleased to announce the results of the first phase of channel samples from the Keats Trench and an update on the Iceberg Trench at the Queensway Project. Keats Trench plan map with the simplified geology, channel sample assay results and gold grade contours Keats Trench Highlights: Hole No. From To Interval Au Zone KM-24-01-11 14.93 16.98 2.05 10.87 Keats Main Trench Including 15.43 16.18 0.75 [...]
New Found Gold Corp. is pleased to announce that it has entered into three royalty purchase agreements with arm's length royalty holders, whereby New Found will purchase part of each Vendor's royalty interest. Highlights: Pursuant to the Royalty Purchase Agreements, the Company will purchase, in aggregate, 0.6% of the Vendors' 1.6% net smelter returns royalty on the Company's Golden Bullet property. New Found granted the [...]
New Found Gold Corp. is pleased to announce the first set of results from 11 diamond drill holes that were completed as part of a deep drilling program along the highly prospective Appleton Fault Zone on its 100% owned Queensway Project. The Company commenced deep drilling at Queensway in March to test targets derived from the initial 3-D seismic interpretation and to date, a total of 14,940m have been completed in 15 [...]
New Found Gold is pleased to announce the Company has successfully completed its previously announced acquisition of a 100% interest in Labrador Gold's Kingsway Project, as well as certain related assets of LabGold. Pursuant to the Acquisition, New Found has issued to LabGold 5,263,157 common shares as consideration for the Purchased Assets. About New Found Gold Corp. New Found holds a 100% interest in the Queensway [...]
New Found Gold is pleased to announce the initiation of surface trenching at the Iceberg Zone at its Queensway Project. The Iceberg surface trenching program will focus on excavating between 1-12 meters of overburden that covers the projection of the Iceberg Zone at the bedrock surface, exposing 220m of strike length over a 105m wide area, which corresponds to a core segment of the surface expression of the Iceberg Zone [...]