Core Insights - New Found Gold Corp. announced high-grade gold mineralization results from its ongoing 2025 drill program at the Queensway Gold Project in Newfoundland and Labrador, Canada [1][3] - Significant drill results include 10.4 g/t Au over 20.50 m and 7.47 g/t Au over 13.40 m from the Dome zone, indicating potential for resource expansion [7][9] - The 2025 drill program aims to convert inferred mineral resources to indicated resources, with results expected to be included in a mineral resource update scheduled for H1/26 [3][4] Drill Results Summary - The news release includes results from 11,187 m of drilling across 79 diamond drill holes completed in Q3/25, focusing on infill and exploration at the AFZ Core [4][5] - Key highlights from the Dome zone include: - 10.4 g/t Au over 20.50 m (NFGC-25-2299) - 7.47 g/t Au over 13.40 m (NFGC-25-2265) [7][9] - Lotto zone results include: - 40.6 g/t Au over 2.80 m (NFGC-25-2268) - 30.5 g/t Au over 2.05 m (NFGC-25-2263) [7] - Lotto North zone results include: - 33.8 g/t Au over 2.05 m (NFGC-25-2292) - 8.26 g/t Au over 4.40 m (NFGC-25-2331) [7] Future Plans - The 2025 Queensway drill program, which commenced in May 2025, is approximately 70% complete, with a focus on the AFZ Core area [14][15] - Infill drilling is ongoing to convert remaining inferred resources to indicated resources, with completion expected in Q4/25 [15][16] - Additional drilling in 2026 will target the expansion of the newly identified high-grade domain at the Dome zone [10][12]

Core Insights - i-80 Gold Corp. has announced promising initial assay results from its Granite Creek Underground Project and updates on infill drilling at the Cove Underground Project, indicating high-grade resources and significant growth potential across its Nevada portfolio [1][2][3]. Granite Creek Underground - The infill drilling program at Granite Creek Underground has shown robust high-grade mineralization in the South Pacific Zone, suggesting potential for expansion both to the north and at depth [2][3]. - A total of 20 out of 40 planned drill holes have been completed, with the first six holes returning high-grade gold assays, including 33.6 g/t over 2.9 meters and 29.7 g/t over 3.6 meters [4][5]. - The feasibility study for Granite Creek Underground is expected to be completed in the first quarter of 2026, incorporating updated mineral resource estimates based on recent drilling results [5][6]. Cove Underground - Approximately 45,000 meters of infill drilling have been completed at Cove over the past two years, enhancing the geological model and understanding of gold mineralization [7][8]. - The upcoming feasibility study for Cove, planned for the first quarter of 2026, aims to convert inferred and indicated resources into higher confidence categories [8][9]. - The Cove project is characterized by a Carlin-style mineralized system, with 15% of the known mineralization being oxidized, which will be processed at the Lone Tree facility [7][8]. Overall Company Strategy - i-80 Gold Corp. is focused on building a mid-tier gold producer through a strategic development plan that leverages its high-quality asset portfolio in Nevada [14]. - The company aims to maximize efficiency and growth through a hub-and-spoke regional mining and processing strategy, following the refurbishment of its central processing facility [14].