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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.

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New Found Gold Corp. announces positive results from diamond drill holes testing the Keats West Zone and Keats North. Keats West has a drill-defined mineralized footprint spanning 305m long by 315m wide, with a cumulative average thickness of 30m. Keats North continues to identify near-surface mineralization. Queensway project comprises a 1,662km2 area. The company is currently undertaking a 500,000m drill program at Queensway. Approximately 30,200m of core is pending assay results.
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New Found Gold Corp. announces positive results from drill program at Keats West Zone, with significant gold intercepts including 3.29 g/t Au over 42.35m and 2.19 g/t Au over 37.30m. The zone has a known footprint of 305m long by 315m wide and starts at surface. The results demonstrate the potential for cumulative widths greater than 60m. The Company is currently undertaking a 500,000m drill program at Queensway.
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New Found Gold Corp. announces results from its drill programs at the 421 Zone and Grouse Zone. High-grade gold mineralization was intersected in both zones, indicating the expansion of gold mineralization footprint. The results provide valuable information for future exploration.
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New Found Gold Corp. announces results from a follow-up drill program at the Jackpot discovery and systematic grid drilling in the Everest region. High-grade gold mineralization was intercepted at shallow depths, indicating the potential for expansion. The Queensway Project remains open in all directions.
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New Found Gold Corp. announces positive results from 36 diamond drill holes at the K2 Zone, part of the Queensway Project in Newfoundland and Labrador. The drilling has expanded the mineralized footprint of the K2 Zone and has identified high-grade gold mineralization. The K2 Zone consists of multiple structures and crosscutting vein orientations, with gold mineralization starting at surface and extending to a depth of 250m. The presence of stibnite, an antimony-bearing mineral, is a new observation at Queensway. The company is currently undertaking a 500,000m drill program at Queensway.
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New Found Gold Corp. announces positive drilling results at the Iceberg discovery, including high-grade gold mineralization. The drilling program successfully linked the Iceberg and Iceberg East zones, spanning 665m in strike length. The company is currently undertaking a 500,000m drill program at its Queensway project.
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New Found Gold Corp. completes 3-D seismic survey on Queensway Project, generating data for interpretation and drill targets
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New Found Gold Corp. announces positive results from diamond drill holes at the Keats West zone, part of the Queensway project in Newfoundland and Labrador. Highlights include 5.81 g/t Au over 30.05m and 7.01 g/t Au over 10.45m. The Keats West zone has a known footprint of 305m long by 315m wide and starts at surface, with potential for further expansion.
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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.

New Found Gold Corp

NYSE:NFGC

NFGC Rankings

NFGC Stock Data

316.26M
113.58M
44.04%
4.83%
2.5%
Gold
Basic Materials
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United States of America
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