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New Found Gold Corp (NFGC) delivers timely updates on gold exploration activities through this comprehensive news hub. Track press releases, operational developments, and strategic initiatives from the Canadian mineral exploration leader.
This resource provides investors with essential updates including drilling results from the Queensway Project, corporate announcements, and technical insights. Discover detailed reports on resource evaluation progress, exploration methodology enhancements, and partnership developments.
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New Found Gold Corp. announced promising drill results from six holes targeting the Appleton Fault Zone, revealing a new high-grade gold discovery at Keats West. Drillhole NFGC-22-681 intersected 4.20m at 17.87 g/t Au, while NFGC-22-686 showed 10.50m at 10.36 g/t Au. The new findings extend a 9.45km target corridor and indicate significant potential for further exploration. Currently, approximately 66% of the 400,000m drill program has been completed, with ongoing assays pending for 44,445m. The company remains optimistic about expanding the Keats West Zone.
New Found Gold Corp. has released promising results from nine diamond drill holes in the Lotto Main Vein, located within its 100% owned Queensway project in Newfoundland and Labrador. Significant intercepts include 16.13 g/t Au over 3.60m and 152.08 g/t Au over 3.85m. The Lotto Main Vein has now been defined over a strike length of 220m and remains open in all directions. Approximately 63% of the planned 400,000m drill program has been completed, with further exploration aimed at understanding mineralization controls and expanding high-grade corridors.
New Found Gold Corp. announced positive results from 17 diamond drill holes in its ongoing drilling program at the Queensway project, uncovering high-grade gold mineralization along the Appleton Fault Zone. Notable intercepts include 10.72 g/t Au over 2.60m and 18.95 g/t Au over 5.75m. The Keats North area is showing significant geological continuity and potential for further discoveries, with ongoing drilling targeting high-grade zones. A total of 247,520m have been drilled so far out of a planned 400,000m, and assays for 38,090m are pending.
New Found Gold Corp. (AMEX:NFGC) has granted incentive stock options to directors and officers, allowing them to acquire 300,000 common shares at an exercise price of
New Found Gold Corp. has announced promising results from 17 diamond drill holes at the Appleton Fault Zone, part of its 100% owned Queensway project in Newfoundland and Labrador. The drilling highlights include multiple high-grade gold intercepts, with notable results such as 45.9 g/t Au over 2.75m in hole NFGC-22-578. The project has drilled approximately 56% of its planned 400,000m program, with further assays pending. VP of Exploration Melissa Render emphasized the extensive mineralization and interconnected vein systems, highlighting the potential for significant discoveries.
New Found Gold Corp (AMEX:NFGC) has filed its Amended Annual Information Form with Canadian regulators and the SEC on Form 40-F. The company previously submitted its Original Annual Information Form and Consolidated Annual Financial Statements for the year ending December 31, 2021. New Found holds a 100% interest in the Queensway Project in Newfoundland, which is currently undergoing a 400,000m drill program, now 48% complete. As of June 2022, the company is well-funded with approximately $87 million in cash and marketable securities.
New Found Gold Corp. (NYSE-A: NFGC) announced a significant new high-grade gold discovery at the Lotto prospect, identifying 89.5 g/t Au over 2.00m in drill hole NFGC-22-552, located 55m below surface. This discovery is part of a systematic drilling program targeting the Appleton Fault Zone. Approximately 48% of the planned 400,000m drill program at the Queensway Project is complete, with ongoing drilling expected to further define high-grade mineralization.
New Found Gold Corp. announces the appointment of Ron Hampton as Chief Development Officer, enhancing its leadership in the ongoing Queensway Project. Hampton brings over 25 years of experience in project and engineering leadership, previously managing major mining projects valued at over $2 billion. The company is currently halfway through a 400,000m drill program at Queensway, which has already yielded high-grade gold discoveries. Additionally, Dr. Quinton Hennigh has stepped down from the Board but will continue to serve as a Technical Advisor.
New Found Gold Corp. (NFGC) reports assay results from 39 diamond drill holes aimed at enhancing the gold vein network at the Keats Zone, part of a 400,000m drilling program at its 1500km² Queensway project in Newfoundland. Significant findings include NFGC-21-364A reporting 56.3 g/t Au over 2.05m and NFGC-22-593 with 9.12 g/t Au over 8.20m, indicating high-grade mineralization extending to the surface. Currently, 48% of the drilling program has been completed. The exploration team focuses on optimizing drilling targets and understanding mineralization controls.
New Found Gold Corp. (NFGC) has initiated shipments of drill core samples from its Queensway project to MSALAB's Chrysos PhotonAssay lab in Val d'Or, Quebec. This follows a significant 400,000m drill campaign on their 100% owned project near Gander, Newfoundland. The initial samples aim to validate the Chrysos PhotonAssay method, which is expected to enhance assay turnaround times and reduce costs. Additionally, New Found is advancing its new core processing facility in Gander and is increasing its drilling capacity to fourteen rigs.
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