Homepage - New Found Gold Corp.

At the Center of the Newfoundland Gold Rush

650,000m drill
campaign underway

~ $35 million in
cash and marketable securities*

Supportive Large
Strategic Shareholders

About Us

New Found Gold Corp.

New Found Gold is advancing its 100% owned 1,662km² Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 650,000m drill campaign is underway. Drilling is focused on a 9.5km corridor along the Appleton fault and a 12.4km corridor along the JBP fault.

Multiple high-grade targets

16 zones and counting – New Found has made several high-grade gold discoveries along the Appleton Fault Zone. This mineralized envelope now covers an area spanning 4.1km in strike length by 400m wide. The Company is aggressively drilling at Queensway North to further unlock discovery potential, while 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.

~ $35 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 November 2024.

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.

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-23-1210	59.75	86.80	27.05	105
Including	59.75	60.60	0.85	59.0
Including	61.80	62.25	0.45	22.8
Including	63.20	66.35	3.15	38.9
Including	69.65	70.70	1.05	160
Including	71.20	78.50	7.30	235
Including	80.35	81.35	1.00	757

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-23-1120	30.70	33.00	2.30	1.09
And	44.50	47.00	2.50	1.00
And	53.55	57.35	3.80	14.6
Including	55.75	56.70	0.95	54.5
And	63.20	93.05	29.85	49.7
Including	63.70	64.75	1.05	56.1
Including	65.75	66.95	1.20	19.6
Including	67.55	68.55	1.00	31.9
Including	73.10	77.45	4.35	183
Including	78.85	80.35	1.50	31.1
Including	83.75	84.55	0.80	14.7
Including	85.55	86.40	0.85	25.5
Including	90.10	93.05	2.95	158

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-22-960	25.35	35.25	9.90	2.08
And	40.40	44.20	3.80	1.46
And	49.90	55.15	5.25	2.14
And	74.80	78.00	3.20	1.63
And	113.00	115.00	2.00	1.04
And	145.00	177.00	32.00	42.6
Including	151.35	152.30	0.95	14.1
Including	156.65	157.55	0.90	86.6
Including	159.40	161.30	1.90	24.1
Including	162.05	162.95	0.90	29.7
Including	163.75	164.35	0.60	24.5
Including	165.70	167.00	1.30	16.3
Including	170.50	173.10	2.60	122
Including	173.70	177.00	3.30	242

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-21-241	123.65	126.20	2.55	1.12
And	207.85	213.10	5.25	430
Including	207.85	211.35	3.50	644

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-21-201	196.65	208.15	11.5	150
Including	197.25	198.85	1.60	30.2
Including	205.00	207.45	2.45	683
And	210.00	214.00	4.00	1.83

Canada’s Newest
Discovery

At the Center of the Newfoundland Gold Rush

About Us

New Found Gold Corp.

Multiple high-grade targets

~ $35 million in cash and marketable securities*

Drilling Highlights

Recent News

New Found Announces Initiation of Maiden Resource and Preliminary Economic Assessment for the Queensway Project

New Found Reports Positive Phase II Metallurgical Test Results Demonstrating 97% Gold Extraction at Iceberg and Iceberg East

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

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

New Found Announces Acquisition of Remaining Royalty Interests Underlying Keats South at Queensway

New Found Intersects 300 g/t Au Over 5.1m and 215 g/t Au Over 5.2m at Keats With Phase I Trench Channel Samples

New Found Announces Acquisition of Royalty Interests Underlying Keats South and Several Additional Zones at Queensway

New Found Intercepts Nine New Gold Zones Spanning 3km in Strike, Doubles Known Vertical Extent of Gold Mineralization to 820m Depth at Queensway

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Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-21-182	285.85	321.25	35.40	106
Including	291.00	316.60	25.60	146
Including	291.00	292.00	1.00	10.2
Including	296.45	298.45	2.00	748
Including	302.00	312.00	10.00	219
Including	315.00	316.00	1.00	15.9
And	345.00	361.90	16.90	1.07
Including	357.40	358.15	0.75	10.2

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC 20-59	38.65	43.30	4.65	131
And	60.55	64.80	4.25	1.10
And	67.55	69.60	2.05	1.00
And	71.75	89.45	17.70	124
And	94.80	97.55	2.75	1.68

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-21-137	71.50	78.70	7.20	261
And	87.50	92.50	5.00	4.13
And	114.00	116.00	2.00	1.56
And	135.00	137.00	2.00	3.45

Drill Hole	From (m)	To (m)	Interval (m)	Au (g/t)
NFGC-21-122	8.10	10.00	1.90	24.8
And	25.00	27.00	2.00	1.97
And	34.70	49.60	14.90	69.2
Including	34.70	43.85	9.15	106

Canada’s Newest Discovery

At the Center of the Newfoundland Gold Rush

About Us

New Found Gold Corp.

Multiple high-grade targets

~ $35 million in cash and marketable securities*

Drilling Highlights

Recent News

New Found Announces Initiation of Maiden Resource and Preliminary Economic Assessment for the Queensway Project

New Found Reports Positive Phase II Metallurgical Test Results Demonstrating 97% Gold Extraction at Iceberg and Iceberg East

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

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

New Found Announces Acquisition of Remaining Royalty Interests Underlying Keats South at Queensway

New Found Intersects 300 g/t Au Over 5.1m and 215 g/t Au Over 5.2m at Keats With Phase I Trench Channel Samples

New Found Announces Acquisition of Royalty Interests Underlying Keats South and Several Additional Zones at Queensway

New Found Intercepts Nine New Gold Zones Spanning 3km in Strike, Doubles Known Vertical Extent of Gold Mineralization to 820m Depth at Queensway

Subscribe and be first to receive our news!

Canada’s Newest
Discovery