New Found Gold Corp. (NYSE:NFGC) earns a place on our list of the 8 best gold penny stocks to buy according to analysts. Analysts See Over 100% Upside for New Found (NFGC) Amid Accelerated Progress At Queensway Gold Project New Found Gold Corp. (NYSE:NFGC) is working to accelerate progress at its 100%-owned Queensway Gold Project. With the company continuing to bolster its growth narrative, all of the covering analysts remain bullish on the stock. Based on analyst consensus, NFGC has an implied upside of ...

Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") announces that it has filed its annual financial statements for the year ended December 31, 2025, the related Management's Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2025 (together, the "2025 Annual Documents"), with Canadian securities regulators and the annual report on Form 40-F (the "Form 40-F"), which i ...

s NEWFOUNDGOLD AN EMERGING CANADIAN GOLD PRODUCER. Corporate Presentation – March 2026 TSX-V: NFG | NYSE-A: NFGC and the information contained herein, has been provided to you by New Found Gold Corp. ("New Found Gold", "NFG", "NFGC" or the "Company") solely for information purposes. With the drimmation contained in this presentainin's believed do accurate. Week sources distanting say and distilish the ray and diatifiling trans lesses, claines contrast theward, In action, novel the stationnels and this prese ...

Core Viewpoint - New Found Gold Corp. has filed a technical report for its Hammerdown Gold Project, indicating progress in its development and compliance with regulatory standards [1][2]. Company Overview - New Found Gold is an emerging Canadian gold producer with full ownership of the Hammerdown and Queensway Gold Projects, focusing on advancing these projects towards commercial production [4]. - The company has a solid shareholder base, including cornerstone investor Eric Sprott, and is committed to growth and value creation [6]. Technical Report Details - The technical report titled "New Found Gold Corp. Hammerdown Gold Project Preliminary Economic Assessment" was prepared by WSP Canada Inc. and includes contributions from multiple qualified professionals [3]. - The report was filed in accordance with National Instrument 43-101, ensuring adherence to standards for mineral project disclosures [2]. Project Developments - In July 2025, the company completed a Preliminary Economic Assessment (PEA) for the Queensway project, which has shown promising drilling results and potential for further discoveries [5]. - The Queensway project covers a strike extent of over 110 kilometers along two prospective fault zones, highlighting its district-scale potential [5].

Core Viewpoint - New Found Gold Corp. has entered into a non-binding term sheet for a loan facility of up to US$75,000,000 to finance the development of its Queensway Gold Project in Newfoundland and Labrador, Canada [1][2]. Financing Details - The loan proceeds will be allocated for the development of the Queensway Gold Project, including procurement of long lead items, early construction activities, and upgrading the Pine Cove Mill for off-site milling [2]. - The loan facility will be structured in two tranches: US$50,000,000 at closing and an additional US$25,000,000 within 15 months after closing, subject to certain conditions [3]. - The loan will bear a fixed annual interest rate of 9.25%, payable quarterly, with a term of 24 months and an option to extend by six months [3]. Warrants and Security - The company will issue non-transferable warrants to the lender, valued at US$3,750,000 for Tranche 1 and US$1,875,000 for Tranche 2, exercisable at a 25% premium to the lower of the volume weighted average price [4]. - All subsidiaries of the company will guarantee the loan facility, secured by first-lien security interests over all present and future properties [5]. Conditions and Advisory - The loan facility is subject to customary conditions, including the negotiation and execution of definitive financing documents and regulatory approvals [6]. - Cutfield Freeman & Co. Ltd. is acting as financial advisors to the company regarding the loan facility and overall project finance strategy [7]. Company Overview - New Found Gold is an emerging Canadian gold producer with a 100% interest in the Queensway and Hammerdown projects, focusing on advancing Queensway to production [9]. - The company completed a Preliminary Economic Assessment (PEA) for Queensway in July 2025, indicating significant exploration potential [10]. - The company has established a new board and management team, with a focus on growth and value creation [11].

Core Insights - New Found Gold Corp. is recognized as a promising Canadian stock, particularly following the release of high-grade gold results from its 2025 drill program at the Queensway Gold Project [1][7] Group 1: 2025 Drill Program Results - The final results from the 2025 grade control drill program highlighted significant gold intercepts, including 71.8 g/t Au over 31.95 meters and 76.6 g/t Au over 16.00 meters from the Iceberg zone, and 51.3 g/t Au over 3.40 meters from the Keats zone [2] - The drilling program confirmed strong continuity of mineralization, utilizing a tight 5-meter by 5-meter drill spacing to enhance confidence in gold distribution and validate initial mineral resource estimates [2] - A total of 2,773 meters of drilling was completed across 84 holes at the Keats zone, and 2,390 meters across 40 holes at the Iceberg zone [2] Group 2: Future Plans and Expectations - New Found Gold Corp. has initiated its 2026 drill program with four active rigs, focusing on resource conversion for Phase 2 open pit and Phase 3 underground plans [3] - The company plans to expand grade control drilling in Q2 2026, including new work at the Lotto excavation, with approximately 45% of the results from the 2025 drilling season still pending [3] - An updated Technical Report and mineral resource estimate for the Queensway Project is expected to be filed in Q3 2026 [3]

Core Insights - New Found Gold Corp. has announced the final results of its 2025 grade control drill program at the Queensway Gold Project, highlighting high gold grades from the Keats and Iceberg zones, which are crucial for early open pit mining plans [1][2][3] Drilling Program Summary - The 2025 drill program included 74,377 meters of drilling across 614 diamond drill holes, with 75% focused on the AFZ Core to support the Phase 1 mine plan [19] - The final results include 907 meters from 32 drill holes at the Keats excavation and 2,390 meters from 40 drill holes at the Iceberg excavation [3][4] Drill Results Highlights - Significant gold intercepts from the Iceberg excavation include: - 71.8 g/t Au over 31.95 meters from 37.80 meters [8] - 76.6 g/t Au over 16.00 meters from 51.45 meters [11] - 44.4 g/t Au over 21.55 meters from 13.40 meters [11] - Notable results from the Keats excavation include: - 51.3 g/t Au over 3.40 meters from 54.60 meters [17] - 11.8 g/t Au over 9.95 meters from 13.20 meters [12] Geological Context - The Keats and Iceberg zones are part of the Keats-Baseline Fault Zone, which has a defined strike length of 1.9 kilometers and has been confirmed to extend to vertical depths of up to 1.1 kilometers [7] Future Plans - The 2026 drill program is currently underway with four drill rigs active, focusing on infill drilling for PEA Phase 2 open pit resource conversion and transitioning to underground resource conversion later in the year [20] - The company plans to expand its grade control drilling in Q2 2026, optimizing drill hole spacing and scope based on 2025 results [21]

Core Viewpoint - New Found Gold Corp. has announced positive results from a Preliminary Economic Assessment (PEA) and an updated mineral resource estimate for its Hammerdown Gold Project, indicating strong cash flow generation and potential for significant gold production [1][2][10]. Project Overview - The Hammerdown Gold Project includes the Hammerdown, Orion, and Stog'er Tight deposits, along with the Pine Cove Mill, all located in Newfoundland and Labrador, Canada [5][6]. - The project is designed using a Hub and Spokes model, with the Pine Cove Mill serving as the central processing facility [1][10]. Economic Metrics - The PEA indicates an after-tax NPV5% of CAD 199.2 million at a base case gold price of USD 3,656 per ounce, and CAD 415.1 million at an upside scenario of USD 5,000 per ounce [10][12]. - The project is expected to produce a total of 251,287 ounces of gold over a 13-year mine life, with average cash costs of USD 2,149 per ounce and all-in sustaining costs (AISC) of USD 2,429 per ounce [10][12]. Production Details - The total potential mill feed tonnage is estimated at 3.2 million tonnes, with an average mined grade of 2.19 grams per tonne (g/t) gold [10][12]. - The Hammerdown deposit is projected to achieve commercial production in the second half of 2026, with the first gold pour expected in November 2025 [6][10]. Mineral Resource Estimate - The updated mineral resource estimate includes Measured and Indicated resources of 3.328 million tonnes at an average grade of 2.43 g/t gold, containing 260,000 ounces of gold, and Inferred resources of 2.132 million tonnes at 2.34 g/t gold, containing 161,000 ounces [19][20]. - The Hammerdown deposit accounts for 75% of the mineralized material mined, while the Orion and Stog'er Tight deposits will contribute in later years [12][10]. Exploration Potential - The project has significant exploration upside, with deposits open laterally and to depth, and additional target areas being evaluated [10][34]. - Exploration activities are planned to commence in the second half of 2026, focusing on resource expansion and new discoveries across the 44,650-hectare land package [34][37].

Core Insights - New Found Gold Corp. (NYSEAMERICAN:NFGC) is identified as an undervalued gold stock with significant potential for investment [1] - The company reported high-grade results from its 2025 grade control drilling at the Keats zone, confirming substantial gold mineralization near the surface [1][2] Group 1: Drilling Results and Resource Confirmation - Notable intercepts from the drilling program include 508 grams per ton (g/t) Au over 2.20 meters and 113 g/t Au over 3.75 meters, aligning with existing mineral resource models [2] - These results are crucial for refining the mine plan for the Phase 1 open pits as outlined in the recent Preliminary Economic Assessment [2] - Approximately 50% of the results from the 2025 drilling program are still pending, with an updated Technical Report expected in mid-2026 [3] Group 2: Future Plans and Exploration - New Found Gold is focusing on resource conversion for Phase 2 open pits and Phase 3 underground targets, supported by a 2026 exploration budget that includes regional drilling at Queensway South [3] - The company has four rigs active and plans to expand grade control drilling to the Iceberg and Lotto excavations starting in the second quarter of 2026 [2]

Core Insights - New Found Gold Corp. announced additional results from grade control drilling at the Keats zone of its Queensway Gold Project, confirming high-grade gold mineralization near the surface [1][2][3] Drilling Program Highlights - The 2025 Keats excavation grade control drill program included 1,230 meters of drilling across 36 diamond drill holes, aimed at enhancing confidence in the distribution of high-grade gold mineralization [3][4] - A total of 84 diamond drill holes are planned for the full program, with 62% of results reported to date [4] Significant Drill Results - Notable drill results include: - 508 g/t Au over 2.20 m from 16.80 m (NFGC-25-GC-024) - 113 g/t Au over 3.75 m from 11.90 m (NFGC-25-GC-025) - 9.29 g/t Au over 37.60 m from 12.00 m (NFGC-25-GC-027) - 27.0 g/t Au over 10.00 m from 0.00 m (NFGC-25-GC-033) [5][7] Geological Context - The Keats and Iceberg zones are located within the Keats-Baseline Fault Zone, a high-grade gold-bearing structure with a defined strike length of 1.9 kilometers [10] - The drilling program is designed to validate resource models and improve confidence in high-grade intersections ahead of a mineral resource estimate update [9] Future Plans - The 2026 drill program is underway, focusing on infill drilling for resource conversion and expanding grade control drilling at the Iceberg and Lotto excavations [15][16] - An updated Technical Report, including a new mineral resource estimate, is expected to be filed in mid-2026 [18]