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New Found Gold Corp - NFGC STOCK NEWS

Welcome to our dedicated page for New Found Gold news (Ticker: NFGC), a resource for investors and traders seeking the latest updates and insights on New Found Gold stock.

New Found Gold Corp (NFGC) is a dynamic mineral exploration company dedicated to the acquisition, exploration, and evaluation of gold resource properties. With a strategic focus on the Provinces of Newfoundland and Labrador and Ontario, Canada, the company has positioned itself as a significant player in the gold exploration sector.

The company's flagship project, the Queensway Project, is situated in Newfoundland, Canada. This project is a cornerstone for New Found Gold Corp and has shown promising potential in uncovering substantial gold resources. The exploration efforts at Queensway are aimed at discovering and delineating extensive gold deposits, setting the stage for future developments and potential production.

New Found Gold Corp is committed to leveraging advanced exploration techniques and technologies to maximize the potential of its properties. Recent achievements in the company's exploration programs have highlighted significant progress, with notable discoveries that have drawn attention within the mining industry.

Financially, the company maintains a prudent approach, ensuring robust financial health to support its exploration activities. Strategic partnerships and collaborations with industry leaders have further strengthened New Found Gold Corp's position, providing access to expertise and resources that enhance their exploration capabilities.

As New Found Gold Corp continues its journey, its focus remains on creating value for its shareholders through diligent exploration and the strategic development of its gold properties. The company's commitment to responsible exploration practices and its proactive approach in updating stakeholders on its progress make it a noteworthy entity in the mineral exploration landscape.

News

New Found Files 2023 Year-End Disclosure Documents

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New Found Gold Corp. announces the filing of its 2023 annual financial statements, Management’s Discussion and Analysis, and Annual Information Form with Canadian securities regulators and the SEC. The documents are available on SEDAR, EDGAR, and the company's website.
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New Found Intercepts 36 g/t Au Over 16.7m, 34 g/t Au Over 14.7m, 43 g/t Au Over 7.35m & 41 g/t Au Over 5.85m at Iceberg

Rhea-AI Summary
New Found Gold Corp. announces results from diamond drill holes at Queensway project, revealing high-grade gold mineralization. The company's 100%-owned project in Newfoundland and Labrador shows promising gold grades, with significant intercepts reported in Iceberg and Iceberg East zones.
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New Found Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway

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New Found Gold Corp. announces successful preliminary seismic interpretation results from its Queensway North project, identifying potential new gold-bearing structures and untested lineaments. The 3-D and 2-D seismic program revealed major structures and faults down to 2.5km depth, enhancing exploration targets. The Company has initiated deep drilling to confirm seismic data findings and further refine targeting strategies.
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New Found Makes New Discovery With 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”

Rhea-AI Summary
New Found Gold Corp. reports positive results from diamond drill holes at the Queensway project, including high-grade gold intercepts at the Monte Carlo, Vegas, and Powerline zones. The company's 100%-owned project in Newfoundland and Labrador shows promising mineralization potential.
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New Found Intercepts 7.56 g/t Au Over 13.4m & 15.4 g/t Au Over 5.0m, Extends the Near-surface High-grade Segment of Iceberg-Iceberg East to 655m

Rhea-AI Summary
New Found Gold Corp. announces successful results from the Iceberg East drill program, extending the high-grade zone and increasing the near-surface high-grade segment. The company's 100%-owned Queensway project in Newfoundland shows promising gold mineralization.
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New Found Intercepts 27.5 g/t Au Over 7m & 8.69 g/t Au Over 12m at K2, Extends High-grade to Surface

Rhea-AI Summary
New Found Gold Corp. announces results from 29 diamond drill holes to expand on the recently discovered K2 Zone. The district-scale Queensway Project has a mineralized footprint of 490m long x 395m wide, with gold mineralization beginning at surface and drill-defined down to a maximum vertical depth of 250m. The company is currently undertaking a 650,000m drill program at Queensway, with approximately 7,000m of core pending assay results.
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New Found Makes First New High-Grade Discovery of 2024, Intercepts 26 g/t Au Over 7.65m & 23 g/t Au Over 5.25m at the “Honeypot Zone”

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New Found Gold Corp. (NFG) announces positive results from their drill program at the Honeypot Zone, with high-grade gold mineralization discovered. The Queensway project, located in Newfoundland and Labrador, is proving to be highly prospective.
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New Found Increases Queensway Drill Program to 650,000 Metres, Seismic Interpretation to Guide 2024 Targeting

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New Found Gold Corp. (NFGC) announces expansion of exploration program at its 100% owned Queensway Project, with plans to drill a total of 650,000m in 2024, an increase of 150,000m over the initially planned 500,000m. The company has completed 516,263m of drilling to date and made significant discoveries such as Iceberg, Iceberg East, K2, Monte Carlo, and Jackpot. New Found is focusing on deeper drilling and targeting new areas of mineralization peripheral to the Appleton Fault Zone, highlighting the potential for gold mineralization to persist to depth.
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New Found Intercepts 43 g/t Au Over 11.6m at Keats West

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New Found Gold Corp. (NFG) reports positive results from 16 diamond drill holes to test the Keats West Zone at the Queensway project, with significant gold mineralization found. The company is conducting a 500,000m drill program with 23,000m of core pending assay results.
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New Found Intercepts Significant High-Grade Intervals at K2, Expands Mineralized Footprint of Zone to 490M X 395M

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New Found Gold Corp. (NFG) announced the results from 43 diamond drill holes that expanded on the recently discovered 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. The district-scale Queensway Project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.
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FAQ

What is the current stock price of New Found Gold (NFGC)?

The current stock price of New Found Gold (NFGC) is $1.63 as of December 20, 2024.

What is the market cap of New Found Gold (NFGC)?

The market cap of New Found Gold (NFGC) is approximately 316.3M.

What is New Found Gold Corp's primary focus?

New Found Gold Corp primarily focuses on the acquisition, exploration, and evaluation of gold resource properties in Newfoundland and Labrador and Ontario, Canada.

Where is the company's flagship project located?

The flagship project, the Queensway Project, is located in Newfoundland, Canada.

What is the objective of the Queensway Project?

The objective of the Queensway Project is to discover and delineate substantial gold deposits through advanced exploration techniques.

How does New Found Gold Corp ensure financial stability?

The company maintains financial stability through prudent financial management and strategic partnerships which support its exploration activities.

Who are New Found Gold Corp's strategic partners?

The company collaborates with industry leaders, providing access to expertise and resources that enhance their exploration capabilities.

How does New Found Gold Corp update its stakeholders?

The company proactively updates its stakeholders through regular news releases and reports, keeping them informed of its exploration progress and achievements.

What recent achievements has New Found Gold Corp made?

Recent achievements include significant gold discoveries at the Queensway Project, highlighting the project's potential and attracting industry attention.

Why is New Found Gold Corp significant in the gold exploration sector?

New Found Gold Corp is significant due to its strategic focus on high-potential gold properties and successful exploration initiatives, positioning it as a key player in the sector.

What technologies does New Found Gold Corp use in its exploration?

The company leverages advanced exploration techniques and technologies to maximize the potential of its gold properties.

What is New Found Gold Corp's commitment to responsible exploration?

The company is committed to responsible exploration practices, ensuring sustainable and ethical management of its resource properties.

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New Found Gold Corp

NYSE:NFGC

NFGC Rankings

#3478 Ranked by Market Cap
N/A Ranked by Dividends

NFGC Stock Data

316.26M
113.58M
44.04%
4.83%
2.5%
Gold
Basic Materials
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