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NEW FOUND GOLD EXPANDS HIGH-GRADE AT DOME AND GOLDEN DOME: 51.2 G/T AU OVER 13.3M & 148 G/T AU OVER 4.1M
NFGCNew Found Gold (NFGC) Prnewswire·2025-02-24 12:00

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]