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New Found Gold Confirms High-Grade Gold Mineralization Over Broad Widths from Keats Zone Initial Grade Control Drilling, Queensway Gold Project: 219 g/t Au over 9.35 m from 19.00 m and 160 g/t Au over 10.30 m from 15.80 m
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce initial results from grade control drilling at the Keats zone ("Keats") excavation in the AFZ Core ("AFZC"), completed as part of the Company's ongoing 2025 drill program on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Highlights include: Keats excavation grade control program: 219 g/t Au1 over 9.35 m2 from 19.00 m (NFGC-25-GC-005) 160 g/t Au over 10.30 m from 5.10 m (NFGC-25-GC-009) 105 g/t Au over 10.20 m from 15.80 m (NFGC-25-GC-007) 24.7 g/t Au over 26.25 m from 34.25 m (NFGC-25-GC-007) 35.3 g/t Au over 12.85 m from 36.25 m (NFGC-25-GC-006) 27.1 g/t Au over 12.85 m from 14.65 m (NFGC-25-GC-012) 142 g/t Au over 2.25 m from 4.15 m (NFGC-25-GC-004) 50.8 g/t Au over 4.10 m from 0.00 m (NFGC-25-GC-003) 17.1 g/t Au over 11.85 m from 21.45 m (NFGC-25-GC-009) 9.61 g/t Au over 18.05 m from 25.25 m (NFGC-25-GC-003) 9.29 g/t Au over 15.40 m from 1.10 m (NFGC-25-GC-008) 38.3 g/t Au over 3.40 m from 4.10 m (NFGC-25-GC-011) Melissa Render, President of New Found Gold stated: "We are excited to share these first results from grade control drilling at the Keats excavation, which continue to define the high-grade tenor of the near-surface portion of this zone.