New Found is advancing its 100% owned 1,510km2 Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 200,000m drill campaign is underway utilizing eight drills, focused on a 7.8km corridor along the Appleton fault and a 12.4km corridor along the JBP fault. On the Appleton fault, following up on an initial discovery hole that returned 19m of 92.9 g/t Au at the Keats Zone, drilling has returned wide intervals of high-grade gold mineralization starting at bedrock surface and extending 465m down plunge and open.
At the Lotto Zone 2km north of Keats, from the initial discovery hole of 41.2 g/t Au over 4.75m and 25.4 g/t Au over 5.15m, follow up drilling is indicating continuity to depth with recent deeper results including 225 g/t Au over 2.5m and more recently 150.3 g/t Au over 11.5m.
On June 29, 2021 New Found announced an interval of 430.2 g/t Au over 5.25m at the Golden Joint Zone, a new discovery approximately 1km north of Keats.
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.
With approximately $80 million in working capital New Found is well funded to pursue its exploration programs.
Collin is the Founder & Executive Chairman of Palisades Goldcorp Ltd., a junior resource focused Canadian merchant bank, with $420M+ AUM and growing.
He comes from a family with deep ties to mining, including co-founding AuEx Ventures, the company responsible for discovering the Long Canyon deposit, a project ultimately acquired by Newmont for $2.3B.
Collin is the Founder & Executive Chairman of Nevada King Gold Corp., the fourth largest mineral claim holder in the State of Nevada (TSX-V:NKG); Collin is also co-Founder of Goldspot Discoveries (TSX-V:SPOT).
Mining engineer with over 30 years of operations, consulting and investment banking experience. Includes work on feasibility studies for numerous mining projects worldwide, investment banking/due diligence roles in over 200 institutional equity financings. Significant experience advising management and boards on merger and acquisition transactions.
Over 10 years of experience in mining and capital markets; worked as a production and exploration geologist in Timmins, Kirkland Lake, Red Lake, Norway and Ghana. Later worked as a mining analyst with Pinetree Capital. Founder, Director and Executive Chairman of Goldspot Discoveries Inc. (TSX.V: SPOT) and also currently serves as a Director for Xtra-Gold Resources Corp. (TSE: XTG).
Economic geologist with 25 years of exploration experience, mainly gold related. Led exploration teams for Homestake Mining Company, Newcrest Mining Ltd. and Newmont Mining Corp. Founder, Chairman and President of Novo Resources, Founder and Director of Irving Resources. Lead role in a number of discoveries including significant involvement in high grade Swan Zone discovery at Fosterville.
Geologist with over 30 years experience as consultant, mining analyst, and senior executive. Part of the founding group of Newmarket Gold, which following discovery of the high-grade Swan Zone at the company’s Fosterville mine was sold to Kirkland Lake Gold in 2016 for $1 billion. Serially successful mining entrepreneur and executive. Founder of International Royalty Corporation, sold in 2010 to Royal Gold for $700 million. Serves as Chairman of Northern Vertex Mining and as a director of Calibre Mining and Newcore Gold.
A professional geologist with over 14 years experience managing grass roots exploration through to advanced exploration projects; former exploration manager of Northern Gold Mining, senior project manager for Oban Mining and Osisko Mining. Responsible for the discovery and delineation of the >2.0M oz. Garrison Gold project in NE Ontario from early stage exploration through trial production mining.
Chartered Professional Accountant with expertise in corporate reporting, financial processes and risk management.
Currently Chief Financial Officer of New Found Gold Corp. (TSX-V:NFG), Mexican Gold Corp. (TSX-V:MEX) and Palisades Goldcorp Ltd.
Over 36 years’ experience in base and precious metal mineral exploration in various management roles; former chief geologist for Kirkland Lake Gold’s Macassa Mine. Extensive experience developing, supervising and implementing exploration campaigns including for Lac Minerals, Kirkland Lake Gold, Kinross Gold and Barrick Gold.
Geologist with more than 14 years of surface and underground exploration experience with senior mining companies. Moved to the financial sector in 1990, and spent 12 years with BMO Nesbitt Burns focused on resource equities, and seven years with PI Financial Corp. in senior resource institutional sales and capital markets. From 2008 to 2015, was President and Chief Executive Officer of Axemen Resource Capital. Currently President & CEO of Liberty Gold.
Serial entrepreneur, geochemist and geologist with over 40 years of experience in the mining industry. Since 2004 as CEO or Chairman, Matysek has primarily focused on the exploration, development and sale of five publicly listed companies, in aggregate worth over $2 billion. Most recently, he was Executive Chairman of Lithium X Energy Corp. which was sold to Nextview New Energy Lion Hong Kong Limited (“Nextview”) for $265 million in cash. Awarded EY Entrepreneur of the Year for Mining & Resources in September 2018.
Finance professional with over 15 years of experience. Since 2008 Mr. Moubarak has been involved in corporate transactions with an aggregate value in excess of $ 800 million and raised in excess of $150 million for mineral asset project development.
THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF NEW FOUND GOLD CORP.’S SECURITIES IN THE UNITED STATES Vancouver, BC, October 21, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has arranged…Read More
Vancouver, BC, October 14, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, OTC: NFGFF) is pleased to announce recently received assay results from eleven holes drilled at the Keats Zone (“Keats”), located along the Appleton Fault Zone. These holes were completed as part of the Company’s ongoing 200,000m diamond drill program at…Read More
Vancouver, BC, October 13, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce recently received assay results from hole NFGC-21-238 drilled at the Keats Zone (“Keats”), located along the Appleton Fault Zone. This hole was completed as part of the Company’s ongoing 200,000m diamond drill program at its…Read More
Vancouver, BC, September 30, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce assay results from eight step-out diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint Zone, a recently made discovery located approximately 1km north of the Keats Zone and…Read More
Vancouver, BC, September 29, 2021 – New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce that, further to its news release dated September 24, 2021, its common shares will commence trading on the NYSE American Stock Exchange (“NYSE American”) under ticker symbol “NFGC” at the open of markets today. New…Read More
Vancouver, BC, Sept 27, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, OTC: NFGFF) is pleased to announce the appointment of Melissa Render, P.Geo. as Vice President of Exploration. As a lead consultant to New Found, Melissa has played an integral role in the planning and execution of exploration activities since inception…Read More
Vancouver, BC, September 24, 2021 – New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) (OTC: NFGFF) is pleased to announce that the Company intends to list its common shares on the NYSE American stock exchange (“NYSE American”) in the United States. New Found expects its common shares will commence trading on the NYSE…Read More
Vancouver, BC, Sept 23, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, OTC: NFGFF) is pleased to announce recent assay results from field sampling along the Appleton Fault Zone. High-grade gold surface grab samples have been found in a new area 2km north of the Lotto Zone at the Company’s 100%…Read More