VANCOUVER, BC, June 3, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced "bought deal" public offering of (i) 21,400,000 charity flow-through common shares of the Company (the "Charity Flow-Through Common Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) at a price of C$2.29 per Charity Flow-Th ...

Accessibility StatementSkip Navigation 38.7 g/t Au over 6.55 m1, including 98.9 g/t Au over 2.10 m from the Dome Zone ("Dome"; NFGC-24-2238) 10.3 g/t Au over 8.20 m, including 37.7 g/t Au over 2.00 m from the Keats South Deep Zone ("KSD", NFGC-24-2112-W5), and 6.16 g/t Au over 3.10 m, including 18.4 g/t Au over 0.50 m from the Keats-Appleton Fault Zone Deep Zone ("Keats-AFZ Deep", NFGC-24-2168) Melissa Render, President of New Found Gold, stated: "With these new drill results we continue to intersect gol ...

VANCOUVER, BC, April 15, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased provide an overview of, and plans for, the Queensway Gold Project ("Queensway" or the "Project") and has filed the technical report for the initial mineral resource estimate ("MRE") for the Project (the "Technical Report"). Queensway Highlights: Tier 1 Jurisdiction: Mining-positive government, access to highway, port, airport, low-cost green power and skilled local wo ...

With gold making recent headlines due to its strong performance in turbulent markets, I fell upon New Found Gold Corp. (NYSE: NFGC ) after seeing it share price down 70% in the past year. After investigation, I view NFGC as aAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and high uncerta ...

Core Viewpoint - New Found Gold Corp. has successfully sold non-convertible senior secured notes of Maritime Resources Corp. for gross proceeds of US$2,000,000, which will enhance the company's treasury without diluting shareholders [1][2]. Financial Summary - The sale of the notes generated approximately CAD$2,778,000 in gross proceeds [1]. - The company had previously invested US$1,960,000 (CAD$2,638,500) in the notes, which were issued at a 2.0% original issue discount [2]. - New Found Gold has received approximately CAD$500,000 in interest income from the notes [2]. Warrant Details - The issuance of the notes included a 40% warrant coverage, resulting in the company receiving 15,324,571 warrants [3]. - Each warrant is exercisable into one common share of Maritime at a price of $0.07 per share until August 14, 2025, with an option for Maritime to extend the expiry until August 14, 2026 [3]. Project Development - New Found Gold holds a 100% interest in the Queensway Gold Project, located in Newfoundland and Labrador, which is recognized for its excellent infrastructure and skilled workforce [4]. - The company has completed an initial mineral resource estimate for the Queensway project and is currently conducting a fully funded preliminary economic assessment, expected to be completed by Q2/25 [4]. Exploration Potential - Recent drilling at the Queensway project has led to new discoveries, indicating significant district-scale potential across the 175,600-hectare area [5]. - The project covers a 110 km strike extent along two prospective fault zones, highlighting its exploration upside [5]. Management and Shareholder Base - New Found Gold has a new management team focused on growth and value creation at the Queensway project [5]. - The company has a solid shareholder base, including a 19% holding by Eric Sprott [5].

Accessibility StatementSkip Navigation Keith Boyle, CEO of New Found Gold commented: "This initial mineral resource estimate marks a pivotal moment for the Company, as it represents the first evaluation of gold mineralization at Queensway. The completion of this key step allows us to advance the Project, first with the completion of a PEA in late Q2/25 and potentially on to pre-feasibility and feasibility. While the economic evaluation is advancing, exploration of our highly prospective landholdings will co ...

New Found Gold Corp. Files 2024 Year-End Disclosure Documents EXHIBIT 99.1 Vancouver, BC, March 21, 2025 - 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, 2024, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2024 (together, the "2024 Annual Documents"), with Canadian securities regulators and with the U.S. Securities Exc ...

Core Viewpoint - New Found Gold Corp. has filed its annual financial statements for the year ended December 31, 2024, along with related documents with Canadian and U.S. securities regulators, highlighting the company's ongoing commitment to transparency and regulatory compliance [1][2]. Company Overview - New Found Gold Corp. holds a 100% interest in the Queensway Gold Project located in Newfoundland and Labrador, recognized as a Tier 1 jurisdiction with strong infrastructure and a skilled workforce [3]. - The company has completed over 600,000 metres of drilling since 2020, identifying multiple near-surface, high-grade gold discoveries over a 22-kilometre strike extent, indicating significant district-scale potential across the 175,600-hectare project [4]. Future Plans - An initial mineral resource estimate and preliminary economic assessment have been commissioned, with completion expected in early and late Q2 2025, respectively, demonstrating the company's focus on growth and value creation [5]. - The company has a new management team and a solid shareholder base, including an 18% holding by Eric Sprott, which supports its strategic initiatives [5].

Core Insights - New Found Gold Corp. has reported significant drilling results from the Golden Dome and Dome zones, indicating strong potential for further gold mineralization expansion [3][4][9] - The follow-up drilling program included 13,489 meters across 27 diamond drill holes, revealing high-grade gold intervals [4][11][12] Drilling Results - The highlight intervals include 148 g/t Au over 4.10m and 41.3 g/t Au over 2.40m from the Golden Dome zone, with previous discovery hole NFGC-24-2158 returning 343 g/t Au over 2.15m [9][12] - A multi-vein gold system has been defined over a 170m by 140m area, with mineralization starting at a vertical depth of 300m [9][10] Future Plans - The company plans follow-up expansion drilling at Golden Dome, as the mineralized structure remains open at depth and along strike [10][11] - Additional step-out drilling is also planned for the Dome structure to explore areas currently limited in testing [10][11] Project Overview - New Found Gold holds a 100% interest in the 175,600 hectare Queensway Gold Project, located in Newfoundland and Labrador, with a comprehensive 650,000m drill program underway [33]

Core Insights - New Found Gold Corp. has reported significant drilling results from the Dropkick Zone, indicating high-grade gold mineralization with notable intervals of 89.5 g/t Au over 5.85m and 26.15 g/t Au over 16.15m [5][4][6] - The Dropkick Zone has expanded the historic area by 75m along strike to the southwest, demonstrating the potential for further discoveries within the Queensway Project [5][4] - The company is progressing towards a maiden resource estimate and preliminary economic assessment, with results expected by early Q2 2025 [4][6] Drilling Highlights - The drilling program has revealed high-grade intervals, including 1,128 g/t Au over 0.35m and 514.09 g/t Au over 1.00m, showcasing the potential of the Dropkick Zone [5][6] - The Dropkick Zone is located 11km northeast of the primary discovery area, indicating a significant gold mineral system that extends across a considerable distance [5][4] - The current drilling results are the first from an initial phase, with follow-up expansion drilling planned due to the structure being open along strike and to depth [5][4] Project Development - The acquisition of the Kingsway property has provided access to an additional 13km of prospective strike along the AFZ, enhancing exploration opportunities [6] - The company has engaged SLR Consulting to deliver a maiden resource estimate and preliminary economic assessment, marking an important milestone for the Queensway Project [4][6] - The ongoing exploration program is focused on near-surface targets and discoveries, with a comprehensive drill program of 650,000m planned [24][6]