New Found Gold Corp

New Found Gold Corp. is a mineral exploration company, which engages in the acquisition, exploration, and evaluation of resource properties. It focuses on gold properties located in the provinces of Newfoundland and Labrador and Ontario. The company was founded by Collin Kettell and Denis Laviolette on January 6, 2016 and is headquartered in Vancouver, Canada.

Earnings data Q3 2022

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VANCOUVER, BC , Nov. 6, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce initiation of work towards a maiden resource estimate and preliminary economic assessment ("PEA") for the Queensway Project ("Queensway" or the "Project"), which comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: The Company has engaged SLR Consulting ("SLR") to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025.

NEW FOUND ANNOUNCES INITIATION OF MAIDEN RESOURCE AND PRELIMINARY ECONOMIC ASSESSMENT FOR THE QUEENSWAY PROJECT

VANCOUVER, BC , Nov. 1, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to report results from the 2024 Phase II Metallurgical Testing Program conducted on drill core samples collected from the Iceberg and Iceberg East zones as part of the exploration program at its 100% owned Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. Highlights: Phase II metallurgical testing commenced in 2024, focused on Iceberg and Iceberg East.

NEW FOUND REPORTS POSITIVE PHASE II METALLURGICAL TEST RESULTS DEMONSTRATING 97% GOLD EXTRACTION AT ICEBERG AND ICEBERG EAST

VANCOUVER, BC , Oct. 31, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce the results from 10 deep diamond drill holes including three wedge holes completed at its Queensway Project targeting depth extensions of gold mineralization along the Appleton Fault Zone ("AFZ") in addition to eight diamond drill holes testing near surface targets adjacent to Iceberg Alley and Keats South. New Found's 100%-owned Queensway Project comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

NEW FOUND MAKES NEW DISCOVERY AT DEPTH WITH 343 G/T AU OVER 2.15M, 40.6 G/T OVER 2.20M & 9.51 G/T AU OVER 7.45M AT "GOLDEN DOME" ZONE

VANCOUVER, BC , Oct. 24, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce the results from six diamond drill holes completed at its recently acquired Kingsway Project ("Kingsway") that adjoins the northern border of the Queensway Project and is on trend with numerous discoveries made further south along the Appleton Fault Zone ("AFZ"). In addition, the Company is pleased to announce the results from 29 diamond drill holes that were completed as part of a drill program designed to follow up on initial grid drilling results in the Everest area and expand on the Honeypot and Jackpot zones.

NEW FOUND INTERCEPTS 105 G/T AU OVER 2.10M & 10.4 G/T AU OVER 4.45M AT "PISTACHIO" ZONE AT KINGSWAY, HITS 36.7 G/T AU OVER 2M AT JACKPOT

VANCOUVER, BC , Oct. 15, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce that further to its press release dated July 30, 2024, the Company has elected to purchase the remaining royalty on its Golden Bullet property from three arm's length royalty holders (together, the "Vendors"). As announced on July 30, 2024 , New Found purchased 0.6% of the Vendors' 1.6% net smelter returns royalty on the Company's Golden Bullet property and had the right to purchase the remaining 1% net smelter returns royalty (the "Remaining Royalty") from the Vendors.

NEW FOUND ANNOUNCES ACQUISITION OF REMAINING ROYALTY INTERESTS UNDERLYING KEATS SOUTH AT QUEENSWAY

New Found Gold Corp. (NFGC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

New Found Gold Corp. (NFGC) Loses -23.16% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

New Found Gold Corp. (NFGC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About New Found Gold Corp. (NFGC) Rating Upgrade to Buy

VANCOUVER, British Colubmia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce that the Company has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report for New Found's 100% owned Queensway Project, entitled “NI 43-101 Technical Report, New Found Gold Corp.'s Queensway Gold Project in Newfoundland and Labrador, Canada: 2024 Exploration Update”, with an effective date of.

New Found Files Queensway Gold Project NI 43-101 Technical Report

Here is how New Found Gold Corp. (NFGC) and Allegheny Technologies (ATI) have performed compared to their sector so far this year.

Is New Found Gold Corp. (NFGC) Stock Outpacing Its Basic Materials Peers This Year?

New Found Gold Corp. receives a "Buy" rating: strong upside potential from exploration in Canada's Newfound province near Gander City, and gold is poised for a bull market. The correlation between New Found Gold and gold spot prices temporarily turned negative due to a lack of safe-haven demand in North America. But now things seem to have normalized. Gold as a safe haven in the North American markets is being boosted by the expected recession in the US, which theoretically also represents an upward catalyst for New Found.

New Found Gold: Interesting Prospects And Low Share Price

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 85 diamond drill holes that were completed as part of multiple drill programs designed to expand and follow up on high-grade gold mineralization across several discovery areas located on the east side of the highly prospective Appleton Fault Zone (“AFZ”) spanning a 3km corridor from Golden Joint to Everest. New Found's 100%-owned Qu.

New Found Intercepts 14.8 g/t Au Over 5m at Honeypot & 43.1 g/t Au Over 2m at Jackpot

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 51 diamond drill holes that were completed as part of a drill program designed to expand and further define domains of high-grade gold mineralization at the K2 Zone located 725m north of Lotto and 2.2km north of Keats West on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found's 100%-owned Queensway projec.

New Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone

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VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- New Found Gold Corp. (TSXV:NFG | NYSE-A: NFGC) (“New Found” or the “Company”) has announced today that it has entered into an agreement with BMO Capital Markets, on behalf of itself and a syndicate of underwriters (collectively, the “Underwriters”) led by BMO Capital Markets and Canaccord Genuity Corp., under which the Underwriters have agreed to buy, on a bought deal basis, 7,725,000 charity flow-through common shares of the Company (the “Charity Flow-Through Common Shares”) at a price of C$7.25 per Charity Flow-Through Common Share for aggregate gross proceeds of approximately C$56 million (the “Offering”). The Company has granted the underwriters an option, exercisable at the offering price up to 30 days following the closing of the Offering, to purchase up to an additional 15% of the Charity Flow-Through Common Shares issued in connection with the Offering. Each Charity Flow-Through Common Share will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada).

New Found Gold Corp. Announces C$56 Million Bought Deal Financing

This analysis produces a Buy rating for New Found Gold Corp., but this rating should not be acted upon immediately as the stock could become cheaper soon. A strong positive correlation with the gold price and expectations of a bull market for the gold price due to recession fears could potentially propel New Found Gold Corp to. Gold will be in high demand as a safe haven against the risk of economic recession, gaining momentum as the Fed Chair assesses the current macroeconomic situation.

New Found Gold Could Perform Strongly If Gold Rallies

New Found Gold Corp.'s latest triumphs include two particularly notable gold hits. The company says it struck 4.43 g/t gold over 43.40 meters at Keats West. New Found Gold is also launching a new 10,000-meter drill program at Queensway South, where it previously hit gold mineralization in 27 of 33 drill holes.

New Found Gold: Is It A Buy Again?

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from seven diamond drill holes that were completed as part of a drill program designed to test the newly discovered Keats West zone, a low-angle thrust fault that dips gently to the south-southwest and is located on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

New Found Intercepts 4.4 g/t Au Over 43m, Extends Strike Length at Keats West to 315m

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from nine diamond drill holes that were completed as part of a drill program designed to test the newly discovered Keats West zone, a low-angle thrust fault that dips gently to the south-southwest and is located on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found's 100%-owned Queensway project comprises a 1,.

New Found Intercepts 5.6 g/t Au Over 16.3M & 3.3 g/t Au Over 15M at Keats West

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 15 diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone (“AFZ”). New Found's 100%-owned Queensway project comprises a 1,662 km2 area, accessible via the Trans-Canada Highway, 1.

New Found Intercepts 26 g/t Au Over 9.45m, Extends Iceberg Strike Length to 575m and to a Depth Of 160m

VANCOUVER, Britsh Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 13 diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone (“AFZ”). New Found's 100%-owned Queensway project comprises a 1,662 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

New Found Extends Strike Length of Iceberg Ten-Fold to 550m With 375m Step-Out North & 110m Step-Out South, Intercepts 19.6 g/t Au Over 5.25m & 21.7 g/t Au Over 4.45m

Kirkland Lake Gold

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found”) reports that on May 25, 2023 (the “Closing Date”), it acquired control of 28,612,500 common shares (each, a “Kirkland Share”) in the capital of Kirkland Lake Discoveries Corp. (“Kirkland”) as consideration pursuant to a property purchase agreement dated February 16, 2023, as amended May 8, 2023, between New Found and Kirkland. (the “Agreement”) New Found entered into the Agreement with Kirkland on February 16, 2023.

New Found Gold Corp. Announces Acquisition of Securities of Kirkland Lake Discoveries Corp.

VANCOUVER, Britsh Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from its inaugural 7,250m, 33 diamond drill hole program at Queensway South (“QWS”) that commenced in August 2022 and was designed to test early-stage exploration targets along an 18.5km long stretch of the Appleton Fault Zone (“AFZ”) approximately 50km south of the Keats Zone (Figure 2).

New Found Hits Significant Gold Mineralization in 27 of 33 Holes Drilled in Inaugural Drill Program at Queensway South Including 19.0 G/T AU Over 3.15M

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 40 diamond drill holes that were completed as part of a drill program designed to expand on known zones and test new target areas along the northern segment of the highly prospective Appleton Fault Zone (“AFZ”). New Found's district-scale Queensway Project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west.

New Found Discovers Three New Gold Zones Along Appleton Fault Zone – Monte Carlo, K2 & Everest; Extends AFZ Mineralized Envelope to 4.1km X 400m

VANCOUVER, British Columbia--(BUSINESS WIRE)--New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces that Newfoundland & Labrador has been ranked the 4th most attractive jurisdiction in the world in terms of mining investment according to the Fraser Institute's 2022 Annual Survey of Mining Companies (the “Report”) released this week. The Report ranks 62 jurisdictions worldwide based on their geologic attractiveness and government policies affecting explorat.

Newfoundland & Labrador Ranked #4 Mining Jurisdiction in the World by Fraser Institute

VANCOUVER, British Columbia--(BUSINESS WIRE)--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, 2022, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2022 (together, the “2022 Annual Documents”), with Canadian securities regulators and with the U.S.

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