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 [...]
New Found Gold Corp. is pleased to announce that is has been added to the VanEck Vectors Junior Gold Miners ETF pursuant to the GDXJ's Q4 rebalance, with the anticipated rebalancing to be complete by December 18, 2020. "New Found's inclusion in the GDXJ is a milestone for the Company, reflecting successful execution of our exploration program at the Queensway Project in Central Newfoundland," said Craig Roberts, CEO of [...]
New Found Gold Corp. is pleased to announce that it has entered into a purchase and sale agreement with Exploits Discovery Corp. providing for the sale by New Found to Exploits of a 100% interest in two mineral claims representing approximately 12.0 km² of land . The primary claim is Jonathan's Pond , and the second is a 75 Ha claim on Glover Island 210 km to the west of the Queensway project. As consideration for the [...]
New Found Gold Corp. is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone , drilled as part of the Company's ongoing 100,000m diamond drill program at its 100% owned Queensway High-Grade Gold Project , 15km west of Gander, Newfoundland. Highlights An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 [...]
New Found Gold Corp. is pleased to announce initial results from hole NFGC-20-26 at the Keats Zone , drilled as part of the Company's ongoing 100,000m diamond drill program at its 100% owned Queensway High-Grade Gold Project , 15km west of Gander, Newfoundland. Highlights An interval of drill core in Hole NFGC-20-26 displaying abundant quartz veining, sulfides and visible gold was assayed on a rush basis returning 44.5 [...]
New Found Gold Corp. is pleased to announce preliminary results from the first four 2020 drill holes at the Keats Zone as part of an ongoing 100,000 m diamond drill program at its 100% owned Queensway High-Grade Gold Project , 15 km west of Gander, Newfoundland. Highlights Holes NFGC-20-18, 19, 21, and 23 were drilled as part of a 10 m step out pattern around discovery hole NFGC-19-01 with the intention of establishing [...]
New Found Gold Corp. is pleased to announce results from NFGC-20-17, the first drill hole targeting the Lotto Zone as part of New Found's recently commenced 100,000 m diamond drill program at its 100% owned Queensway High-Grade Gold Project , 15 km west of Gander, Newfoundland. Highlights Two separate near surface, intervals of intense quartz veining with significant sulfide and visible gold were assayed on a rush basis [...]
New Found Gold Corp. is pleased to announce it has commenced drilling on the Keats "Discovery" Zone at its Queensway Project, Central Newfoundland. Highlights An initial 12,000 m program at Keats has commenced following up on the intercept of 19.0 m of 92.9 g/t Au starting at 96 m drilled in hole NFGC-19-01 by New Found in late 2019. A second core drill has been added to the Queensway North program and has commenced [...]
New Found Gold Corp. is pleased to announce it has now received all permits required to commence drilling at its Keats "Discovery" Zone at its Queensway Project, Central Newfoundland. Preparatory surface work is now under way and the first drill will be mobilized to the area shortly. Craig Roberts, P.Eng., Chief Executive Officer of New Found, stated: "We are excited to return to the Keats Zone to follow up on the [...]
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