New Found is advancing its 100% owned high-grade Queensway gold project, located on the Trans-Canada highway 15 km west of Gander, Newfoundland. A 100,000 m drill campaign is underway, focused on a 5 km trend of the Appleton fault, and will soon expand to test additional targets along +100 km of prospective strike on the 1,500 km2 Queensway property.
Results to date at Appleton include 19 m of 93 g/t Au at the Keats Zone, as well as 41.2 g/t Au over 4.75 m and 25.4 g/t Au over 5.15 m at the Lotto Zone. Recent work suggests that the high-grade gold at Queensway is epizonal similar to the high-grade Swan Zone at Kirkland Lake’s Fosterville mine in Australia, one of the highest-grade and lowest-cost producers globally. With approximately $75 million in working capital New Found is well funded to continue and expand its drilling program.
New Found Gold corp. set out to assemble a strong portfolio of exploration stage projects in safe mining friendly jurisdictions in North America. We have identified one core project in the famed Abitibi region of Ontario and our flagship project in the emerging mining district of Newfoundland, Canada.Projects Overview
Collin is the Founder & Executive Chairman of Palisades Goldcorp Ltd., Canada’s newest resource focused merchant bank, with $175M AUM and growing. He comes from a family with deep ties to the 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 Mining Ltd., the fifth largest mineral claim holder in the State of Nevada; Co Founder & CEO of Victory Metals (TSX- V:VMX); CoFounder 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.
Over 25 years of capital market experience specializing in the resource sector. A founder and financier of a number of startup companies with experience on the TSX. NYSE, NASDAQ, London AIM and Swiss Stock exchanges; Founder of Deep 6 PLC, American Eagle Oil and Gas,Inc. Founding general partner in Aquastone Capital LLC. Executive Chairman of Triumph Gold Corp. and Chairman of EXM Farming Corp.
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.
A Chartered Professional Accountant with nine years of post- designation professional experience working with public and private companies. Expertise in corporate reporting, financial processes and risk management. Began his professional career in the audit and assurance practice at Deloitte.
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.
Vancouver, BC, October 2, 2020: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) is pleased to announce results from NFGC-20-17, the first drill hole targeting the Lotto Zone (“Lotto”) as part of New Found’s recently commenced 100,000 m diamond drill program at its 100% owned Queensway High-Grade Gold Project (“Queensway”), 15 km…Read More
Vancouver, BC, September 9, 2020, New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) is pleased to announce it has commenced drilling on the Keats “Discovery” Zone at its Queensway Project, Central Newfoundland. Highlights An initial 12,000 m program at Keats has commenced following up on the intercept of 19.0 m of 92.9…Read More
Vancouver, BC, September 3, 2020, New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) is pleased to announce it has now received all permits required to commence drilling at its Keats “Discovery” Zone at its Queensway Project, Central Newfoundland. Preparatory surface work is now under way and the first drill will be mobilized…Read More
New Found Gold Corp (C:NFG) Shares Issued 142,000,231Last Close 9/2/2020 $2.07Wednesday September 2 2020 – Miscellaneous Further to the TSX Venture Exchange bulletin dated Aug. 7, 2020, the exchange has been advised that the agents have exercised in full their overallotment option to purchase an additional 3.15 million common shares of New Found Gold Corp….Read More
Vancouver, BC – August 27, 2020, New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) is pleased to announce that its 2020 infill gold-grains-in-till sampling program has defined a new discovery area named the Eastern Pond target on its Queensway South project (see Figure 1 for location). Highlights: The newly defined Eastern Pond…Read More
Vancouver, BC – August 17, 2020, New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG) is pleased to announce it has commenced drilling at its Queensway Project, located in Central Newfoundland. Highlights: Diamond drilling commenced at the Little/Powerline Zone, along the Appleton Fault Zone, on Monday, August 17 (see Figure 1). An initial…Read More
NOT FOR DISTRIBUTION IN THE UNITED STATES Vancouver, Canada (August 14, 2020) – New Found Gold Corp. (“NFG” or the “Company”) (TSXV: NFG) is pleased to announce that, further to its successfully completed initial public offering (the “Offering”) of an aggregate of 21,000,000 common shares of NFG at a price of CDN$1.30 per common share,…Read More
Vancouver, British Columbia – (Newsfile Corp. – August 12, 2020) – New Found Gold Corp. (TSXV: NFG) (“NFG” or the “Company“) is pleased to announce that, further to its successfully completed initial public offering (the “Offering“) of an aggregate of 21,000,000 common shares of NFG at a price of $1.30 per common share, the Agents…Read More