NFGC

New Found Gold

Positive
Neutral
Negative
Sentiment 3-Months
Positive
Neutral 80%
Negative

Neutral
Newsfile Corp
8 days ago
New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development
Toronto, Ontario--(Newsfile Corp. - March 5, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has entered into a non-binding term sheet for an up to US$75,000,000 loan facility (the "Loan Facility"). The proceeds from the Loan Facility will be used as financing for the development of the Company's 100% owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada, including the procurement of long lead items, early construction activities, upgrading and expanding the Company's 100% owned Pine Cove Mill to accommodate Queensway Phase 1 off-site milling, and general working capital purposes.
New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development
Positive
Seeking Alpha
9 days ago
New Found Gold: A Maverick With A Veteran In The Driver's Seat - Moderate Risks, Higher Reward
New Found Gold Corp. is transitioning from explorer to producer, leveraging strategic acquisitions and a hub-and-spoke model to fast-track Queensway's development. NFGC's Queensway project boasts 2 million ounces of high-grade gold, with a low AISC of $1,256/oz and significant cash flow potential if permitting succeeds. A current P/NAV of 0.37 reflects a 30% discount to peers, but permitting delays or operational hiccups could trigger a 50% downside toward exploration-stage multiples.
New Found Gold: A Maverick With A Veteran In The Driver's Seat - Moderate Risks, Higher Reward
Positive
Seeking Alpha
10 days ago
New Found Gold: Why This $1B Gold Developer Could Be Worth 3x More
New Found Gold has transformed from explorer to emerging Canadian gold producer, driven by the Queensway project and Maritime Resources acquisition. Queensway's PEA shows robust economics: C$743M after-tax NPV (5% DR) at US$2,500/oz gold, with significant leverage to spot prices above US$5,000/oz. The Maritime deal delivers near-term cash flow from Hammerdown and enables capital-efficient toll milling, reducing Phase 1 capex to C$155M.
New Found Gold: Why This $1B Gold Developer Could Be Worth 3x More
Neutral
Newsfile Corp
12 days ago
New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway:
71.8 g/t Au over 31.95 m and 76.6 g/t Au over 16.00 m at Iceberg 51.3 g/t Au over 3.40 m and 11.8 g/t Au over 9.95 m at Keats Vancouver, British Columbia--(Newsfile Corp. - March 1, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the final results of the Company's 2025 grade control drill program on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada, including results from the Keats zone ("Keats") and Iceberg zone ("Iceberg") excavations in the AFZ Core ("AFZC"), completed as part of the Company's 2025 drill program. Iceberg excavation highlights include: 71.8 g/t Au over 31.95 m from 37.80 m (NFGC-25-GC-069)[1] 76.6 g/t Au over 16.00 m from 51.45 m (NFGC-25-GC-055) 44.4 g/t Au over 21.55 m from 13.40 m (NFGC-25-GC-072) 35.4 g/t Au over 21.20 m from 34.95 m (NFGC-25-GC-061) 31.6 g/t Au over 18.65 m from 3.60 m (NFGC-25-GC-106) 40.6 g/t Au over 12.70 m from 40.35 m (NFGC-25-GC-118) 41.1 g/t Au over 11.40 m from 40.40 m (NFGC-25-GC-079) 55.4 g/t Au over 8.30 m from 21.75 m (NFGC-25-GC-107) 43.2 g/t Au over 19.85 m from 16.80 m (NFGC-25-GC-082)   Keats excavation highlights include: 51.3 g/t Au over 3.40 m from 54.60 m (NFGC-25-GC-115) 11.8 g/t Au over 9.95 m from 13.20 m (NFGC-25-GC-065) 9.73 g/t Au over 11.30 m from 9.75 m (NFGC-25-GC-063) 15.9 g/t Au over 5.85 m from 4.90 m (NFGC-25-GC-115) 40.3 g/t Au over 2.25 m from 23.95 m (NFGC-25-GC-068) 16.9 g/t Au over 3.90 m from 1.00 m (NFGC-25-GC-071)   Melissa Render, President of New Found Gold stated: "These final results from our highly successful 2025 grade control drill program at the Keats and Iceberg excavations continue to deliver consistently high gold grades over broad widths, returning some of the best intercepts we have drilled to date at Queensway.
New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway:
Neutral
Newsfile Corp
14 days ago
New Found Gold Announces Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Hammerdown Gold Project
Hub and Spoke Mine Plan in Central Newfoundland: Three deposits, Hammerdown, Orion and Stog'er Tight, centered around the Company's Pine Cove Mill Robust Economics: After-tax NPV5% [1] of $199.2 M[2] using a base case scenario (variable price deck: long-term price of US$3,475/oz averaging US$3,656/oz Au[3]) After-tax NPV5% of $415.1 M using an upside scenario (US$5,000/oz Au) Solid Production over an Extended Mine Life: 251,287 oz Au produced over a 13-year LOM[4] Average LOM total cash costs[5] and AISC[6] of US$2,149/oz Au and US$2,429/oz Au Total after-tax free cash flow[7] of $243.3 M Additional Value Potential from Exploration Upside: Deposits open laterally and to depth; additional target areas being evaluated Exploration planned to commence H2/26 All amounts in Canadian dollars unless stated otherwise Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the results of a positive Preliminary Economic Assessment ("PEA") and updated mineral resource estimate ("MRE") for the Company's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project"), which includes the Hammerdown deposit, Orion deposit and Stog'er Tight deposit (collectively, the "Deposits") and the Pine Cove Mill ("Pine Cove" or the "Mill"), located in Newfoundland and Labrador, Canada. The Deposits are evaluated with a Hub and Spokes model centred around Pine Cove, with the Hammerdown deposit currently being ramped up to commercial production.
New Found Gold Announces Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Hammerdown Gold Project
Neutral
Newsfile Corp
1 month ago
New Found Gold Continues to Confirm Continuity of At-Surface High-Grade Gold at Keats Zone, Queensway Gold Project
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce additional results from grade control drilling at the Keats zone ("Keats") excavation in the AFZ Core ("AFZC"), completed as part of the Company's 2025 drill program on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Keats excavation grade control drill program highlights include: 508 g/t Au1 over 2.20 m2 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) 31.5 g/t Au over 6.10 m from 0.60 m (NFGC-25-GC-021) 17.2 g/t Au over 9.05 m from 2.70 m (NFGC-25-GC-042) 24.5 g/t Au over 6.35 m from 24.65 m (NFGC-25-GC-031) 7.33 g/t Au over 19.80 m from 4.70 m (NFGC-25-GC-026) 3.75 g/t Au over 21.40 m from 0.10 m (NFGC-25-GC-035) Melissa Render, President of New Found Gold, stated: "Building on the initial Keats zone grade control drill results released in late 2025, these new results continue to demonstrate the high-grade tenor of this zone.
New Found Gold Continues to Confirm Continuity of At-Surface High-Grade Gold at Keats Zone, Queensway Gold Project
Neutral
Newsfile Corp
1 month ago
New Found Gold Delivers Key Milestone at Queensway Gold Project: Enters into Phase 1 EPCM Contract
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce key advancements at its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada, which includes entering into a Phase I engineering, procurement and construction management services ("EPCM") contract. Highlights of Key Project Advancements: EPCM Scope: The Company has entered into an EPCM contract with WSP Canada Inc., a world-leading professional services and engineering consulting firm, for Queensway Phase 1 project development as outlined in the Company's 2025 preliminary economic assessment ("PEA")1.
New Found Gold Delivers Key Milestone at Queensway Gold Project: Enters into Phase 1 EPCM Contract
Neutral
Newsfile Corp
1 month ago
New Found Gold Commences 2026 Queensway Drill Program; Announces K2 Zone Infill Results
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the 2026 drill program is underway at its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada and reports further results from 2025 infill drilling at the K2 zone ("K2") in the AFZ Core. Highlights include: 5.22 g/t Au1 over 14.90 m2 from 58.45 m (NFGC-25-2547) 3.42 g/t Au over 19.85 m from 100.80 m (NFGC-25-2555) 5.29 g/t Au over 11.85 m from 34.00 m (NFGC-25-2535) 2.75 g/t Au over 20.60 m from 108.90 m (NFGC-25-2504) 8.51 g/t Au over 6.65 m from 125.45 m (NFGC-25-2555) 1.71 g/t Au over 30.90 m from 116.25 m (NFGC-25-2547) 2.29 g/t Au over 21.65 m from 113.80 m (NFGC-25-2556) 18.9 g/t Au over 2.40 m from 79.90 m (NFGC-25-2509) 2.10 g/t Au over 12.00 m from 23.50 m (NFGC-25-2596) 11.5 g/t Au over 2.05 m from 120.90 m (NFGC-25-2596) 1.47 g/t Au over 11.55 m from 26.30 m (NFGC-25-2544) Melissa Render, President of New Found Gold stated: "Following a successful 2025 program, we have recommenced drilling at Queensway with four rigs currently active.
New Found Gold Commences 2026 Queensway Drill Program; Announces K2 Zone Infill Results
Neutral
Newsfile Corp
2 months ago
New Found Gold Celebrates Milestone Year: Transformation to an Emerging Canadian Gold Producer
Toronto, Ontario--(Newsfile Corp. - January 7, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to highlight a transformational 2025 in which the Company has evolved from an early-stage exploration company to an emerging Canadian gold producer with a multi-asset portfolio focused on a top-tier mining jurisdiction, Newfoundland and Labrador, Canada. Over the past year, New Found Gold has delivered multiple significant milestones including: New board of directors and management team: Led by Chairman Paul Andre Huet and Chief Executive Officer, Keith Boyle, the Company has a new and highly experienced board of directors, along with a new management team of mine builders and operators to complement its existing exploration strength.
New Found Gold Celebrates Milestone Year: Transformation to an Emerging Canadian Gold Producer
Neutral
GlobeNewsWire
2 months ago
Dundee Corporation Announces Closing of Sale of New Found Gold Corp. Units
TORONTO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce that it has closed its previously announced sale (the “Sale Transaction”) of 24,480,000 units (the “Units”) of New Found Gold Corp. (“New Found”) to qualified purchasers for gross proceeds to Dundee of C$97,920,000 (see press release dated December 8, 2025). The Units were sold through BMO Capital Markets Inc. and SCP Resource Finance LP.
Dundee Corporation Announces Closing of Sale of New Found Gold Corp. Units