С$ TSX-V: NFG
$2.02
$ NYSE-A: NFGC
$1.489

Golden Opportunities
Ahead

Advancing the Queensway Gold Project

650,000m drill
campaign underway
~ $12 million in
cash and marketable securities*
Supportive Large
Strategic Shareholders
View Projects

*As of March 2025.

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Latest
News
June 16, 2025 New Found Gold Expands Queensway Gold Project 2025 Work Program
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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.

    ~ $12 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 June 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

    June 16, 2025

    New Found Gold Expands Queensway Gold Project 2025 Work Program

    Vancouver, BC, June 16, 2025 – New Found Gold Corp. (“New Found Gold” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce an expansion of the 2025 Work Program at the Company’s 100% owned Queensway Gold Project (“Queensway” or the “Project”) in Newfoundland and Labrador. Highlights: Melissa Render, President of New Found Gold…

    Read More
    June 12, 2025

    New Found Gold Closes Second Tranche of C$63 Million Bought Deal Financing Including Full Exercise of Underwriters’ Over-Allotment Option

    Vancouver, British Columbia, June 12, 2025 – New Found Gold Corp. (TSXV: NFG | NYSE-A: NFGC) (“New Found Gold” or the “Company”) is pleased to announce that it has closed the second and final tranche of its previously announced “bought deal” public offering of (i) 24,610,000 charity flow-through common shares of the Company (the “CharityFlow-Through Common…

    Read More
    June 3, 2025

    New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million

    Vancouver, British Columbia, June 3, 2025 – New Found Gold Corp. (TSXV: NFG | NYSE-A: NFGC) (“New Found Gold” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced “bought deal” public offering of (i) 21,400,000 charity flow-through common shares of the Company (the “CharityFlow-Through Common Shares”)…

    Read More
    May 28, 2025

    New Found Gold Increases Previously Announced Bought Deal Financing to C$56 Million; Previously Announced Private Placement Remains at C$20 Million

    The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Vancouver, BC, May 28, 2025 – New Found Gold Corp. (“New Found Gold” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce that due to strong demand, it has increased the size of its…

    Read More
    May 27, 2025

    New Found Gold Announces C$49 Million Bought Deal Financing and C$20 Million Private Placement: Continued Support with Lead Orders by Strategic Investor Eric Sprott

    The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+ Vancouver, BC, May 27, 2025 – New Found Gold Corp. (“New Found Gold” or the “Company”)(TSX-V: NFG, NYSE-A: NFGC) has announced today that it has entered into an agreement with BMO Capital Markets and SCP Resource…

    Read More
    May 21, 2025

    New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project:42.8 g/t Au over 14.95 m, 47.6 g/t Au over 3.95 m and 22.9 g/t Au over 2.40 m

    Vancouver, BC, May 21, 2025 – New Found Gold Corp. (“New Found Gold” 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” or the “Project”) in Newfoundland and Labrador, Canada. Highlights include: Melissa Render, President of New Found Gold stated: “In these…

    Read More
    May 13, 2025

    New Found Gold to Participate in Upcoming North American Conferences, Including the 4th Annual Canaccord Genuity Global Metals and Mining Conference and Grants Stock Options

    Vancouver, BC, May 13, 2025 – New Found Gold Corp. (“New Found Gold” 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, including the 4th annual Canaccord Genuity Global Metals and Mining Conference (“Canaccord Genuity Conference”). Canaccord Genuity Conference Keith Boyle,…

    Read More
    May 7, 2025

    New Found Gold Commences 2025 Work Program on the Queensway Gold Project

    Vancouver, BC, May 7, 2025 – New Found Gold Corp. (“New Found Gold” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the start of the 2025 work program on the Company’s 100%-owned Queensway Gold Project (“Queensway” or the “Project”) in Newfoundland and Labrador, Canada.  Highlights: Melissa Render, President of New Found Gold…

    Read More
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