С$ TSX-V: NFG
$1.54
$ NYSE-A: NFGC
$1.11

Golden Opportunities
Ahead

Advancing the Queensway Gold Project

650,000m drill
campaign underway
~ $14 million in
cash and marketable securities*
Supportive Large
Strategic Shareholders
View Projects

*As of March 2025.

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Download: Technical Report
Latest
News
April 15, 2025 New Found Gold Corp. Provides Queensway Gold Project Overview and Plans; Files Technical Report
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    About Us

    New Found Gold Corp.

    New Found Gold holds a 100% interest in Queensway in Newfoundland and Labrador, a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce. With over 600,000 metres of drilling completed since 2020, the Company has outlined multiple near-surface, high-grade gold discoveries over a 22 km strike extent. Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the 175,600 hectare Project that covers a 110 km strike extent along two prospective fault zones.

    Key Advancements

    • The Company has completed an initial mineral resource estimate and commissioned a preliminary economic assessment, which is scheduled for completion in late Q2/25.
    • Doubled vertical depth extent of Au system with deep drilling.
    • Keats Main and Iceberg Zones uncovered through trenching with channel sampling completed at Keats and planned for Iceberg in Q2/25.
    • Positive metallurgical test results for Keats, Iceberg, Lotto and Golden Joint.

    Upcoming Milestones

    • Technical Report: A Technical Report in support of the MRE will be filed on the Company's website and SEDAR+ within 45 days of the news release (dated March 24, 2025).
    • Drilling: The Company is currently finalizing plans for its 2025 drill program, which will include step-out and infill drilling, target delineation and exploratory drilling.
    • Metallurgical Testwork: Additional testwork is underway to support a PEA.
    • PEA: A PEA, which is also being prepared by SLR, is planned for release in late Q2/25.
    • Permitting and Environmental Baseline Studies: Work is ongoing to support economic studies and future development.

    ~ $14 million in cash and marketable securities*

    New Found is well funded to pursue its exploration programs.

    Visit our Projects Page to Learn More

    *As of April 2025.

    Drilling Highlights

    High-Grade
    Interval     		Zone Date
    Released
    1 105 g/t Au over 27.05m1 Iceberg Jun 5, 2023
    2 49.7 g/t Au over 29.90m1 Iceberg Mar 13, 2023
    3 42.6 g/t Au over 32.00m3 Keats West Nov 28, 2022
    4 69.2 g/t Au over 14.15m3 Golden Joint March 24, 2022
    5 430 g/t Au over 5.25m2 Golden Joint Jun 30, 2021
    6 150 g/t Au over 11.50m1 Lotto Main Jun 23, 2021
    7 106 g/t Au over 35.40m3 Keats Main May 21, 2021
    8 124 g/t Au over 17.70m2 Keats Main May 4, 2021
    9 261 g/t Au over 7.20m3 Keats Main Apr 20, 2021
    10 69.2 g/t Au over 14.90m1 Keats Main Apr 7, 2021
    11 86.2 g/t Au over 20.50m2 Keats Main Jan 28, 2020

    *Additional details for these drilling highlight intervals are provided by clicking on this link.

    Note host structures are estimated fall into one of four categories depending on the zone in which the interval is located: 170% to 95%, 240% to 70%, 310% to 40%, or 4true widths are presently unknown. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

    Recent News

    April 15, 2025

    New Found Gold Corp. Provides Queensway Gold Project Overview and Plans; Files Technical Report

    Vancouver, BC, April 15, 2025 – New Found Gold Corp. (“New Found Gold”or the“Company”)(TSX-V: NFG, NYSE-A: NFGC) is pleased provide an overview of, and plans for, the Queensway Gold Project (“Queensway” or the “Project”) and has filed the technical report for the initial mineral resource estimate (“MRE”) for the Project (the “Technical Report”).  Queensway Highlights:…

    Read More
    April 14, 2025

    New Found Gold Corp. Adds US$2M to Treasury: Sale of Third Party Secured Notes 

    Vancouver, BC, April 14, 2025 – New Found Gold Corp. (“New Found Gold”or the“Company”)(TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the sale of non-convertible senior secured notes of Maritime Resources Corp. (”Maritime”; the “Notes”) held by the Company for gross proceeds of US$2,000,000 (approximately CAD$2,778,000). Keith Boyle, CEO of New Found Gold, commented “We…

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    March 24, 2025

    New Found Gold Corp. Announces Initial Mineral Resource Estimate 

    Highlights: Vancouver, BC, March 24, 2025 – New Found Gold Corp. (“New Found Gold”or the“Company”)(TSX-V: NFG, NYSE-A: NFGC) is pleased to announce an initial Mineral Resource Estimate (“MRE”) for its 100% owned Queensway Gold Project (“Queensway” or the “Project”), located in Newfoundland and Labrador, Canada.  Keith Boyle, CEO of New Found Gold commented: “This initial…

    Read More
    March 21, 2025

    New Found Gold Corp. Files 2024 Year-End Disclosure Documents

    Vancouver, BC, March 21, 2025 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces that it has filed its annual financial statements for the year ended December 31, 2024, the related Management’s Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2024 (together, the…

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    March 3, 2025

    New Found Gold Strengthens Board of Directors

    Vancouver, BC, March 3, 2025 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the appointment of Chad Williams to its board of directors (the “Board”). Effective immediately, Mr. Williams will replace Collin Kettell, Founder of New Found, who is stepping off the Board. Mr. Williams…

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    February 24, 2025

    New Found Gold Expands High-Grade at Dome and Golden Dome: 51.2 g/t Au Over 13.3m & 148 g/t Au Over 4.1m

    Vancouver, BC, February 24, 2025 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce new drill results from the Company’s 100%-owned Queensway Gold Project (“Queensway”) in Newfoundland and Labrador, Canada. Highlights include: Golden Dome Zone (“Golden Dome”): These results are from follow-up drilling that expanded Golden…

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    February 21, 2025

    New Found Gold to Participate in the 34th Annual BMO Global Metals, Mining and Critical Metals Conference, PDAC 2025 and the 37th Annual Roth Conference

    Vancouver, BC, February 21, 2025 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the Company will be participating in several conferences over the next month, beginning with the BMO Global Metals, Mining and Critical Metals Conference (“BMO Conference”). The focus for New Found will be…

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    February 18, 2025

    New Found Gold Continues to Strengthen Management Team

    Vancouver, BC, February 18, 2025 – New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the appointment of Dr. Fiona Childe (Ph.D., P.Geo.) as Vice President, Communications and Corporate Development, Dr. Jared Saunders (Ph.D., CRSP, EP) as Vice President, Sustainability, and Robert Assabgui (P.Eng.) as Study Manager….

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