New Found Gold is pleased to provide a deep drilling update on its 100% owned Queensway Project. In early March, the Company announced commencement of its deep drilling program at Queensway to test targets derived from the initial 3-D seismic interpretation. To date, a total of 10,345m have been completed in 12 drill holes ranging in length from 550 to 1,230m. The program is ongoing an...
New Found Gold announces that it has entered into a settlement agreement with respect to the lawsuit filed by ThreeD Capital Inc. and 1313366 Ontario Inc. against New Found, Palisades Goldcorp Ltd. and Mr. Collin Kettell in the Ontario Superior Court of Justice. The Settlement Agreement resolves the Lawsuit completely and avoids the expense, burden and uncertainty associated with litigation. The settlement of the Lawsuit [...]
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 Exploration Update", with an effective date of April 18, 2024. The Technical Report is available under the Company's SEDAR+ profile [...]
New Found Gold is pleased to announce that it has entered into a property purchase agreement with Labrador Gold Corp. providing for the sale by LabGold to New Found of a 100% interest in LabGold's Kingsway Project, as well as certain related assets of LabGold. As consideration for the Purchased Assets, New Found will issue to LabGold such number of common shares in New Found equal to CDN$20,000,000 divided by the closing [...]
New Found Gold is pleased to announce the results from 85 diamond drill holes that were completed as part of multiple drill programs designed to expand and follow up on high-grade gold mineralization across several discovery areas located on the east side of the highly prospective Appleton Fault Zone spanning a 3km corridor from Golden Joint to Everest. New Found's 100%-owned Queensway project comprises a 1,665 km2 area [...]
New Found Gold Corp. is pleased to announce the results from 51 diamond drill holes that were completed as part of a drill program designed to expand and further define domains of high-grade gold mineralization at the K2 Zone located 725m north of Lotto and 2.2km north of Keats West on the west side of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,665 km2 area [...]
New Found Gold is pleased to report results from the 2023 Phase I Metallurgical Testing Program conducted on drill core samples collected as part of the exploration program at its 100% owned Queensway Project. Phase I metallurgical testing commenced in 2023 and focused on three mineralized zones - Keats Main, Golden Joint, and Lotto. A total of 116 Variability Composites were generated from approximately 1,000 metres of [...]
New Found Gold Corp. is pleased to announce the results from 38 diamond drill holes that were completed as part of a program designed to expand on a new discovery called 'Iceberg Alley' that is located 1km along strike of Iceberg, as well as 114 diamond drill holes that were completed to test a segment of the Keats Baseline Fault Zone that trends under South Hermans Pond at the Keats Zone adjacent to the highly [...]
New Found Gold Corp. announces that it has filed its annual financial statements for the year ended December 31, 2023, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2023 , with Canadian securities regulators and with the U.S. Securities Exchange Commission on Form 40-F, which includes the 2023 Annual Documents as appendices. The 2023 Annual Documents are [...]
New Found Gold Corp. is pleased to announce the results from 61 diamond drill holes that were completed as part of a program designed to infill gaps, extend high-grade to surface, and test opposing vein orientations to the main east-northeast striking orientation of the Keats-Baseline Fault Zone at Iceberg-Iceberg East, a high-grade zone located 300m northeast of Keats along the highly prospective Appleton Fault Zone [...]
New Found Gold Corp. is pleased to announce that it is in receipt of the final dataset and preliminary interpretation of its 3-D and 2-D seismic program completed in late 2023. The seismic program covers a 47km2 core segment of the Queensway North project area and was conducted by HiSeis, an industry leader in hard rock seismic surveys. New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the [...]
New Found Gold Corp. is pleased to announce the results from 97 diamond drill holes that were completed as part of a drill program designed to test targets generated by systematic grid drilling in proximity to the Monte Carlo Zone located 800m southwest of the K2 Zone on the west side of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the [...]