New Found Gold Corp. is pleased to announce the results of a channel sampling program at the Iceberg excavation in the AFZ Core area on its 100%-owned Queensway Gold Project in Newfoundland and Labrador, Canada. Highlights - Iceberg Channel Sampling Program1: 64.8 g/t Au2 over 6.71 m3 23.9 g/t Au over 15.12 m 113 g/t Au over 2.99 m 47.4 g/t Au over 7.36 m 23.0 g/t Au over 13.74 m 117 g/t Au over 2.16 m Melissa Render [...]
New Found Gold is pleased to announce Dr. Andrew Furey has been appointed as an independent Director of the Board effective immediately. The Company continues to strengthen its Management team with the appointment of Hashim Ahmed as Chief Financial Officer and Robert Assabgui, current Study Manager of New Found Gold, as Chief Operating Officer effective immediately. Vijay Mehta will be stepping down from his role as [...]
New Found Gold is pleased to announce the Company will be participating in several upcoming conferences, including the Precious Metals Summit and Mining Forum Americas 2025. The focus of these conferences will be to discuss the recently announced combination with Maritime Resources, the recently announced Queensway Gold Project expansion, Queensway's PEA and to discuss the Company's development strategy going forward [...]
New Found Gold is pleased to announce that it has entered into a property purchase agreement with Exploits Discovery providing for the purchase by New Found Gold of a 100% interest in certain mineral claims in Newfoundland and Labrador held by Exploits. The Claims adjoin New Found's Queensway Gold Project and would increase the size of the Project by up to 33%, to a total of 234,050 ha. Keith Boyle, CEO of New Found Gold [...]
New Found Gold and Maritime Resources are pleased to announce that the Companies have entered into a definitive agreement, pursuant to which New Found Gold has agreed to acquire all of the issued and outstanding common shares of Maritime that it does not already own by way of a plan of arrangement. New Found Gold and Maritime will host a joint conference call and webcast to discuss the Transaction commencing at 10 am [...]
New Found Gold is pleased to announce the results of a Phase III Metallurgical Testing Program on the Company's 100% owned Queensway Gold Project. The Program included test work on newly collected samples from the Keats West zone , and previously tested samples from Keats, Golden Joint, Lotto and Iceberg zones, with a primary focus on Keats West. Highlights: Keats West master composite sulphide samples produced a gold [...]
New Found Gold is pleased to announce that it has completed its previously announced non-brokered private placement of 12,269,939 common shares of the Company for gross proceeds to New Found Gold of C$20,000,000.57. The Common Shares have a hold period of four months and one day from closing, expiring on Dec 27, 2025. Mr. Eric Sprott through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired [...]
New Found Gold is pleased to welcome Tamara Brown to its board of directors. Following the Annual General and Special Meeting of the shareholders of New Found Gold held in Vancouver, on August 20, 2025, the Board now comprises Paul Huet, Keith Boyle, William Hayden, Vijay Mehta, Melissa Render, Chad Williams and Tamara Brown. At the Meeting, disinterested Shareholders voted in favour of an ordinary resolution to approve [...]
New Found Gold announces the temporary suspension of all exploration activities involving heavy equipment in or near forested areas including, drilling, mulching and excavating on the Company's 100% owned Queensway Gold Project in response to the forest fire risk in the region. Keith Boyle, Chief Executive Officer, commented: "The Fire Weather index across the island of Newfoundland is classified as Extreme or Very High [...]
Solid low-cost production profile from year one via a phased mine plan: Phase 1: Low Initial capital cost of $155 million, builds average annual gold production of 69.3koz oz Au1 at an AISC2 of US$1,282/oz Au in Years 1 to 4 planned to fund Phase 2. Phase 2: Growth capital of $442 million, builds average annual gold production of 172.2koz Au at an AISC of US$1,090/oz Au in Years 5 to 9 paid back in less than one year [...]
New Found Gold is pleased to announce the first drill results from the Company's 2025 Work Program at its 100%-owned Queensway Gold Project. Highlights - Keats West1 in the AFZ Core: Keats West open pit infill drilling: 55.0 g/t of Au over 35.05 m 2 20.7 g/t Au over 18.05 m. 15.4 g/t Au over 16.70 m. Confirms continuity of multiple domains of high-grade gold within Keats West. Defines regions of new gold mineralization [...]
New Found Gold is pleased to announce an expansion of the 2025 Work Program at the Company's 100% owned Queensway Gold Project. Highlights: 70,000 metres diamond drill program underway; Approximately 11,750 m in 104 DDH1 has been drilled to date, with five drill rigs currently on site; 80% of planned drilling focused on resource definition and pre-development work and 20% on exploration; The AFZ Core excavation program is [...]
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