New Found Gold Corp. is pleased to announce a non-brokered private placement of 2,857,000 common shares of the Company that qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of $5.25 per FT Share , for gross proceeds to New Found of $14,999,250. Mr. Eric Sprott is purchasing a total of 2,857,000 shares as a result of the Financing. The FT Shares have a hold period of four months and one [...]
New Found Gold Corp. is pleased to announce assay results from three holes drilled at Keats Zone . These holes were drilled 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, Newfoundland. Highlights Highlights of these results include: Hole No. From To Interval * Au NFGC-21-79 133.75 141.65 7.9 22.7 NFGC-21-90 [...]
New Found Gold Corp. is pleased to announce partial assay results from intervals in five holes drilled at the Keats Zone . These holes were drilled 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, Newfoundland. Highlights The drill interval highlights are summarized below: Hole No. From To Interval * Au Zone [...]
New Found Gold Corp. is pleased to announce assay results from an interval drilled approximately 125m down plunge to the south of previously reported intervals at the Keats Zone , doubling the known extent of the high-grade gold mineralization at Keats. This hole was drilled 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 [...]
New Found Gold Corp. is pleased to announce recently received drill results from the Lotto Zone , drilled as part of the Company's ongoing 200,000 m diamond drill program at its 100% owned Queensway Project , located on the Trans-Canada Highway 15 km west of Gander, Newfoundland . Highlights Highlights from these drill intercepts are summarized below. Table 1: Lotto summary results * Note that the true width of the [...]
New Found Gold Corp. is pleased to announce recently received assay results from drilling at the Keats Zone , part of the Company's ongoing 200,000 m diamond drill program at its 100% owned Queensway Project , located on the Trans-Canada Highway 15 km west of Gander, Newfoundland. Highlights Highlights from these results are summarized below and in Figure 1. Keats Zone Summary Results Hole No. From To Interval * Au [...]
New Found Gold Corp. is pleased to announce that it has filed a Form 20-F registration statement with the United States Securities and Exchange Commission with the intention of applying to list its common shares on the NYSE American stock exchange . Subject to the approval of the SEC and the satisfaction of all applicable listing and regulatory requirements, the Company will become an SEC registrant and expects its Common [...]
New Found Gold Corp. is pleased to announce a new high-grade gold discovery at its 100% owned Queensway Project , 15 km west of Gander, Newfoundland. Highlights An interval in what is interpreted to be on the hanging wall side of the main Appleton Fault displaying a broad quartz breccia vein, sulfide mineralization and/or visible gold starting at a down hole depth of 239 m was assayed on a rush basis returning 6.5m [...]
New Found Gold Corp. is pleased to announce partial results from four diamond drill holes recently completed at the Keats Zone and six initial holes drilled at the Little-Powerline Zone , drilled as part of the Company's ongoing 200,000 m diamond drill program at its 100% owned Queensway Project , 15 km west of Gander, Newfoundland. Keats Zone Highlights Intervals displaying significant quartz veining, sulfide [...]
New Found Gold Corp. is pleased to announce that the Company is expanding the current Queensway drill program from 100,000 meters to 200,000 meters and is increasing the rig count from four to eight drills. Highlights The decision to double the current drill program to 200,000 meters was made following an analysis of the multiple high-grade gold intercepts reported from drilling to date and further review of the multiple [...]
New Found Gold Corp. is pleased to announce that: Executive Chairman Collin Kettell has exercised 4,280,000 options at a weighted average exercise price of $1.06 per share for an aggregate investment of $4,553,625. CEO Craig Roberts has exercised 700,000 options at an exercise price of $1.00 for an aggregate investment of $700,000. As a result of the exercises, working capital of the Company has increased by $5.25M to [...]
New Found Gold Corp. is pleased to announce partial results from six additional holes drilled at the Keats Zone drilled as part of the Company' ongoing 100,000m diamond drill program at its 100% owned Queensway Project , 15 km west of Gander, Newfoundland. Highlights Intervals displaying significant quartz veining, sulfide mineralization and/or visible gold are assayed on a rush basis. Recent results received for six [...]
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