New Found Gold Corp. is pleased provide an overview of, and plans for, the Queensway Gold Project and has filed the technical report for the initial mineral resource estimate for the Project . Queensway Highlights: Tier 1 Jurisdiction: Mining-positive government, access to highway, port, airport, low-cost green power and skilled local workforce Initial Mineral Resource Estimate: 70% of the initial MRE ounces are in the [...]
New Found Gold is pleased to announce the sale of non-convertible senior secured notes of Maritime Resources held by the Company for gross proceeds of US$2,000,000. Keith Boyle, CEO of New Found Gold, commented "We have recently announced the completion of a robust initial mineral resource estimate on our 100% owned Queensway Gold Project. A fully funded preliminary economic assessment is underway, with completion [...]
Highlights: Indicated Mineral Resource: 18.0 million tonnes grading 2.40 g/t Au1, for 1.39 million ounces . Inferred Mineral Resource: 10.7 Mt grading 1.77 g/t Au, for 0.61 Moz. Quality of Asset: High grade veins starting at surface with minimal overburden cover provides for quick, easy access and potential for selective mining opportunities. High-grade core: 73% of the ounces are contained in 24% of the tonnage in the [...]
New Found Gold Corp. announces that it has filed its annual financial statements for the year ended December 31, 2024, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2024 , with Canadian securities regulators and with the U.S. Securities Exchange Commission on Form 40-F, which includes the 2024 Annual Documents as appendices. The 2024 Annual Documents are [...]
New Found Gold is pleased to announce the appointment of Chad Williams to its board of directors. Effective immediately, Mr. Williams will replace Collin Kettell, Founder of New Found, who is stepping off the Board. Mr. Williams is the Chairman and Founder of Red Cloud Mining Capital Inc. He has extensive experience in mining finance and management, having previously held the positions of CEO of Victoria Gold Corp. and [...]
New Found Gold is pleased to announce new drill results from the Company's 100%-owned Queensway Gold Project. Highlights include: Golden Dome Zone: 148 g/t Au over 4.10m1 and 41.3 g/t Au over 2.40m; and 22.4 g/t Au over 2.00m. These results are from follow-up drilling that expanded Golden Dome 18m and 92m along strike, respectively, from the discovery hole NFGC-24-2158; see New Found news release dated Oct 31, 2024. 1 g/t [...]
New Found Gold is pleased to announce the Company will be participating in several conferences over the next month, beginning with the BMO Global Metals, Mining and Critical Metals Conference. The focus for New Found will be the Company's 100% owned Queensway Gold Project. Keith Boyle, CEO of New Found, stated: "With New Found's new senior management team in place and work progressing on our Queensway Gold Project, we [...]
New Found Gold Corp. is pleased to announce the appointment of Dr. Fiona Childe as Vice President, Communications and Corporate Development, Dr. Jared Saunders as Vice President, Sustainability, and Robert Assabgui as Study Manager. All appointments are effective immediately. Keith Boyle, CEO of New Found, stated: "On behalf of the board, I am excited to welcome Fiona and Robert to the New Found team and congratulate [...]
New Found Gold Corp. is pleased to announce the results from five diamond drill holes completed as part of a step-out program at the Dropkick Zone. Dropkick is located at the recently acquired Kingsway property that now forms the most northern extent of the Queensway Project and is on trend with numerous discoveries made further south along the Appleton Fault Zone . New Found's 100%-owned Queensway Project comprises a [...]
New Found Gold Corp. is pleased to announce the appointment of Keith Boyle as Chief Executive Officer of New Found. Mr. Boyle is a highly experienced executive and operator, having successfully helped lead several development projects throughout his career. Most recently, as Chief Operating Officer, Keith led the accelerated advancement of Reunion Gold's Oko West discovery through to acquisition by G Mining Ventures for [...]
New Found Gold is pleased to welcome Paul Huet, William Hayden, and Melissa Render to its board of directors. Following the Annual General Meeting of the shareholders of New Found held in Vancouver, on Dec 17, 2024, as part of a planned transition, Paul Huet was appointed Chair of the Board, and Melissa Render as President of the Company. The Board now comprises Paul Huet, Collin Kettell, Vijay Mehta, William Hayden, and [...]
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 [...]