New Found Gold is advancing its 100% owned 1,510km2 Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 400,000m drill campaign is underway utilizing nine drills, with plans to ramp up to fourteen drills, focused on a 7.8km corridor along the Appleton fault and a 12.4km corridor along the JBP fault.
Multiple other high-grade targets are now being pursued over 7.8km of strike along the Appleton Fault Zone and 12.4km along the JBP Fault Zone. Work is also underway to define additional drill targets on approximately 70km of prospective strike along the Appleton and JBP fault structures on the southern portion of the Queensway property.
New Found is well funded to pursue its exploration programs.
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