New Found Gold Files Hammerdown Gold Project NI 43-101 Technical Report

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].