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     121  0 Kommentare New Found Intercepts 3.2 g/t Au Over 43.8m and 10.3 g/t Au Over 13m at Keats West & Defines a New Gold Domain at Cokes Zone

    New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 46 diamond drill holes that were completed as part of a drill program designed to test the Keats West Zone and follow-up on new gold mineralization identified at the Cokes Zone through reconnaissance and targeted drilling. Both prospects are located on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240222149872/en/

    Figure 1: Photos of mineralization, Left: at ~16.5m in NFGC-23-1741, Right: at ~34.2m in NFGC-23-1708 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-23-1708 and NFGC-23-1741. (Photo: Business Wire)

    Figure 1: Photos of mineralization, Left: at ~16.5m in NFGC-23-1741, Right: at ~34.2m in NFGC-23-1708 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-23-1708 and NFGC-23-1741. (Photo: Business Wire)

    Keats West Highlights:

    Hole No.

    From (m)

    To (m)

    Interval (m)

    Au (g/t)

    Zone

    NFGC-23-11441

    53.65

    69.90

    16.25

    4.28

    Keats W

    Including

    53.65

    54.35

    0.70

    11.16

    Including

    55.05

    55.80

    0.75

    12.94

    Including

    61.85

    62.85

    1.00

    15.90

    Including

    63.90

    64.75

    0.85

    10.22

    And1

    74.05

    83.05

    9.00

    2.97

    NFGC-23-17081

    5.70

    49.50

    43.80

    3.20

    Keats W

    Including

    12.70

    13.50

    0.80

    12.25

    Including

    34.00

    35.20

    1.20

    34.47

    Including

    37.50

    38.05

    0.55

    12.10

    Including

    49.15

    49.50

    0.35

    25.40

    NFGC-23-17131

    26.00

    49.00

    23.00

    2.97

    Keats W

    Including

    45.80

    47.15

    1.35

    23.99

    NFGC-23-17181

    9.85

    14.15

    4.30

    4.75

    Keats W

    And

    21.00

    23.70

    2.70

    1.56

    And

    27.40

    31.45

    4.05

    1.69

    And

    45.75

    48.00

    2.25

    1.03

    And

    51.00

    53.50

    2.50

    1.22

    NFGC-23-17411

    9.00

    22.00

    13.00

    10.27

    Keats W

    Including

    16.10

    17.20

    1.10

    98.15

    And1

    34.70

    40.00

    5.30

    8.52

    Including

    36.75

    37.55

    0.80

    47.30

    And1

    49.10

    72.60

    23.50

    3.22

    Including

    71.75

    72.60

    0.85

    57.10

    NFGC-23-17451

    31.30

    34.60

    3.30

    12.79

    Keats W

    Including

    32.30

    32.70

    0.40

    90.10

    NFGC-23-17551

    50.85

    53.00

    2.15

    16.84

    Keats W

    Including

    51.55

    52.10

    0.55

    62.20

    NFGC-23-17651

    3.30

    26.50

    23.20

    3.49

    Keats W

    Including

    12.90

    13.35

    0.45

    10.50

    Including

    14.30

    15.00

    0.70

    15.95

    Cokes Highlights:

    Hole No.

    From (m)

    To (m)

    Interval (m)

    Au (g/t)

    Zone

    NFGC-23-15212

    38.60

    51.05

    12.45

    2.21

    Cokes

    NFGC-23-16093

    39.90

    53.40

    13.50

    2.75

    Cokes

    NFGC-23-18521

    17.10

    30.60

    13.50

    1.94

    Cokes

    NFGC-23-18704

    15.45

    26.55

    11.10

    1.76

    Cokes

    And4

    36.60

    45.15

    8.55

    2.54

    And1

    49.20

    57.10

    7.90

    3.64

    NFGC-23-18911

    35.60

    47.40

    11.80

    4.33

    Cokes

    Table 1: Keats West and Cokes Drilling Highlights

    Note that the host structures are interpreted to be moderately dipping and true widths are generally estimated to be 170% to 95%, 40%-70%, and 10% to 40%. 4True widths are unknown at this time. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

    • Three of today’s highlight intervals were drilled into the westernmost extent of the Keats West zone, intercepting 3.49 g/t Au over 23.20m in NFGC-23-1765, 12.8 g/t Au over 3.30m in NFGC-23-1745, and 16.9 g/t Au over 2.15m in NFGC-23-1755. All three holes hit the structure shallowly starting between 2m and 35m vertical depth, indicating strong near-surface continuity of high-grade gold mineralization over a strike length of 315m at Keats West.
    • Further east, within the Keats West structure, additional results have been received from holes that were designed to test gaps left from the previous drilling campaign. Several thick intervals of high-grade mineralization were intercepted including the highlight intervals 3.20 g/t Au over 43.80m in NFGC-23-1708, 10.3 g/t Au over 13.00m, and 3.22 g/t Au over 23.50m in NFGC-23-1741, and 2.97 g/t Au over 23.00m in NFGC-23-1713.
    • Gold mineralization at Keats West is hosted by a low-angle thrust fault that dips gently to the south-southwest and has a drill-defined mineralized footprint spanning 305m long by 315m wide and starts at surface with all intercepts drilled to date occurring above 130m vertical depth. The zone has a cumulative average thickness of 30m.
    • At Cokes, a historic showing located 300m southwest of Keats West on the west side of the AFZ, drilling has successfully expanded upon the mineralized zone through a combination of grid and targeted drilling. A first-pass program conducted by New Found in 2021 returned encouraging results at Cokes including the highlight interval of 2.40 g/t over 23.70m in NFGC-21-157.
    • Today’s results expand the mineralized footprint at Cokes and define a low-angle and south-dipping gold mineralized structure that is very similar in orientation to the nearby Keats West. Several significant intervals were received including 4.33 g/t Au over 11.80m in NFGC-23-1891, 2.75 g/t Au over 13.50m in NFGC-23-1609, 3.64 g/t Au over 7.90m, 2.54 g/t Au over 8.55m and 1.76 g/t Au over 11.10m in NFGC-23-1870 that together span a domain 65m wide by 90m long. Additional drilling is required to understand the mineralizing controls in this area and to expand on this new discovery.

    Melissa Render, VP of Exploration of New Found, stated: “Our second pass drilling at Cokes has enhanced our understanding of this zone and allowed us to hone into a higher-grade portion of the structure that was previously unknown. This success at Cokes is a great example of where it is often necessary to revisit areas and take a new approach or persist with the drill to produce an improved model that can allow for better targeting. Cokes is in good company with the Keats West structure located just 300m to the north. At Keats West, we are encouraged by today’s results testing the far western extents of the zone where it comes to the surface and continues to produce intervals of near-surface high-grade gold mineralization.”

    Drillhole Details

    Hole No.

    From (m)

    To (m)

    Interval (m)

    Au (g/t)

    Zone

    NFGC-23-11441

    18.45

    25.30

    6.85

    1.74

    Keats W

    And1

    32.00

    34.00

    2.00

    1.66

    And1

    39.65

    48.00

    8.35

    1.25

    And1

    53.65

    69.90

    16.25

    4.28

    Including

    53.65

    54.35

    0.70

    11.16

    Including

    55.05

    55.80

    0.75

    12.94

    Including

    61.85

    62.85

    1.00

    15.90

    Including

    63.90

    64.75

    0.85

    10.22

    And1

    74.05

    83.05

    9.00

    2.97

    NFGC-23-17081

    5.70

    49.50

    43.80

    3.20

    Keats W

    Including

    12.70

    13.50

    0.80

    12.25

    Including

    34.00

    35.20

    1.20

    34.47

    Including

    37.50

    38.05

    0.55

    12.10

    Including

    49.15

    49.50

    0.35

    25.40

    NFGC-23-17131

    26.00

    49.00

    23.00

    2.97

    Keats W

    Including

    45.80

    47.15

    1.35

    23.99

    And1

    55.00

    57.90

    2.90

    1.91

    NFGC-23-17181

    9.85

    14.15

    4.30

    4.75

    Keats W

    And1

    21.00

    23.70

    2.70

    1.56

    And1

    27.40

    31.45

    4.05

    1.69

    And1

    45.75

    48.00

    2.25

    1.03

    And1

    51.00

    53.50

    2.50

    1.22

    NFGC-23-17411

    9.00

    22.00

    13.00

    10.27

    Keats W

    Including

    16.10

    17.20

    1.10

    98.15

    And1

    34.70

    40.00

    5.30

    8.52

    Including

    36.75

    37.55

    0.80

    47.30

    And1

    49.10

    72.60

    23.50

    3.22

    Including

    71.75

    72.60

    0.85

    57.10

    NFGC-23-17451

    12.70

    17.00

    4.30

    4.95

    Keats W

    Including

    15.00

    16.00

    1.00

    10.90

    And1

    31.30

    34.60

    3.30

    12.79

    Including

    32.30

    32.70

    0.40

    90.10

    NFGC-23-17511

    2.30

    5.80

    3.50

    2.03

    Keats W

    And1

    11.40

    16.40

    5.00

    1.50

    NFGC-23-17551

    12.00

    14.00

    2.00

    1.07

    Keats W

    And1

    24.80

    32.60

    7.80

    4.423

    Including

    27.30

    27.70

    0.40

    17.65

    And1

    42.15

    46.05

    3.90

    1.22

    And1

    50.85

    53.00

    2.15

    16.84

    Including

    51.55

    52.10

    0.55

    62.20

    NFGC-23-1758

    No Significant Values

    Keats W

    NFGC-23-17651

    3.30

    26.50

    23.20

    3.49

    Keats W

    Including

    12.90

    13.35

    0.45

    10.50

    Including

    14.30

    15.00

    0.70

    15.95

    And1

    32.55

    35.00

    2.45

    1.02

    And1

    55.75

    62.00

    6.25

    1.67

    Hole No.

    From (m)

    To (m)

    Interval (m)

    Au (g/t)

    Zone

    NFGC-22-8031

    85.00

    88.00

    3.00

    2.07

    Cokes

    NFGC-22-819

    No Significant Values

    Cokes

    NFGC-22-849

    No Significant Values

    Cokes

    NFGC-22-857

    No Significant Values

    Cokes

    NFGC-22-9641

    29.00

    31.40

    2.40

    2.18

    Cokes

    And1

    35.55

    37.60

    2.05

    1.17

    And1

    63.00

    68.55

    5.55

    1.92

    NFGC-23-1116

    No Significant Values

    Cokes

    NFGC-23-11254

    14.00

    16.45

    2.45

    1.85

    Cokes

    NFGC-23-1133

    No Significant Values

    Cokes

    NFGC-23-1142

    No Significant Values

    Cokes

    NFGC-23-1153

    No Significant Values

    Cokes

    NFGC-23-14491

    19.10

    21.70

    2.60

    1.05

    Cokes

    NFGC-23-14634

    13.00

    17.25

    4.25

    1.29

    Cokes

    NFGC-23-1478

    No Significant Values

    Cokes

    NFGC-23-1506

    No Significant Values

    Cokes

    NFGC-23-15211

    12.05

    14.20

    2.15

    4.27

    Cokes

    And2

    38.60

    51.05

    12.45

    2.21

    And2

    56.25

    62.00

    5.75

    1.37

    NFGC-23-1534

    No Significant Values

    Cokes

    NFGC-23-15544

    66.65

    68.80

    2.15

    1.80

    Cokes

    NFGC-23-1563

    No Significant Values

    Cokes

    NFGC-23-1576

    No Significant Values

    Cokes

    NFGC-23-1592

    No Significant Values

    Cokes

    NFGC-23-15961

    8.95

    11.30

    2.35

    1.64

    Cokes

    And1

    17.00

    19.40

    2.40

    1.25

    And1

    23.75

    27.40

    3.65

    2.17

    And1

    43.15

    51.95

    8.80

    1.48

    NFGC-23-1603

    No Significant Values

    Cokes

    NFGC-23-16093

    39.90

    53.40

    13.50

    2.75

    Cokes

    NFGC-23-18351

    32.50

    34.70

    2.20

    1.60

    Cokes

    NFGC-23-1842

    No Significant Values

    Cokes

    NFGC-23-18464

    20.00

    22.70

    2.70

    2.06

    Cokes

    And2

    27.55

    31.25

    3.70

    2.86

    NFGC-23-18521

    17.10

    30.60

    13.50

    1.94

    Cokes

    NFGC-23-1858

    No Significant Values

    Cokes

    NFGC-23-1860

    No Significant Values

    Cokes

    NFGC-23-1864

    No Significant Values

    Cokes

    NFGC-23-18704

    15.45

    26.55

    11.10

    1.76

    Cokes

    And4

    36.60

    45.15

    8.55

    2.54

    And1

    49.20

    57.10

    7.90

    3.64

    NFGC-23-18744

    36.6

    39

    2.4

    1.23

    Cokes

    And4

    75.50

    77.75

    2.25

    1.12

    NFGC-23-18854

    7.90

    14.00

    6.10

    1.43

    Cokes

    And4

    58.65

    61.20

    2.55

    1.69

    NFGC-23-18911

    35.60

    47.40

    11.80

    4.33

    Cokes

    NFGC-24-2008

    No Significant Values

    Cokes

    NFGC-24-20254

    8.80

    12.00

    3.20

    1.11

    Cokes

    And4

    21.50

    23.50

    2.00

    1.17

    And4

    26.25

    29.05

    2.80

    3.11

    Table 2: Summary of composite results reported in this press release for Keats West and Cokes

    Note that the host structures are interpreted to be moderately dipping and true widths are generally estimated to be 170% to 95%, 240% to 70%, and 310% to 40% of reported intervals. 4True widths are unknown at this time. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

    Hole No.

    Azimuth (°)

    Dip (°)

    Length (m)

    UTM E

    UTM N

    Prospect

    NFGC-22-803

    40

    -45

    243

    657632

    5427451

    Cokes

    NFGC-22-819

    300

    -45

    123

    657786

    5427497

    Cokes

    NFGC-22-849

    58

    -61

    237

    657559

    5427459

    Cokes

    NFGC-22-857

    350

    -67

    192

    657558

    5427459

    Cokes

    NFGC-22-964

    24

    -45

    203

    657645

    5427593

    Cokes

    NFGC-23-1116

    20

    -45

    179

    657496

    5427557

    Cokes

    NFGC-23-1125

    80

    -45

    227

    657498

    5427558

    Cokes

    NFGC-23-1133

    20

    -45

    149

    657470

    5427633

    Cokes

    NFGC-23-1142

    20

    -45

    296

    657565

    5427585

    Cokes

    NFGC-23-1144

    58

    -52

    143

    658006

    5427991

    Keats West

    NFGC-23-1153

    20

    -45

    185

    657428

    5427660

    Cokes

    NFGC-23-1449

    345

    -60

    248

    657568

    5427724

    Cokes

    NFGC-23-1463

    75

    -45

    251

    657571

    5427720

    Cokes

    NFGC-23-1478

    75

    -45

    251

    657641

    5427797

    Cokes

    NFGC-23-1506

    345

    -60

    257

    657640

    5427799

    Cokes

    NFGC-23-1521

    75

    -45

    251

    657706

    5427645

    Cokes

    NFGC-23-1534

    345

    -60

    248

    657669

    5427897

    Cokes

    NFGC-23-1554

    75

    -45

    248

    657670

    5427897

    Cokes

    NFGC-23-1563

    345

    -60

    260

    657814

    5427712

    Cokes

    NFGC-23-1576

    345

    -60

    251

    657889

    5427612

    Cokes

    NFGC-23-1592

    13

    -45

    47

    657817

    5427522

    Cokes

    NFGC-23-1596

    335

    -45

    89

    657705

    5427646

    Cokes

    NFGC-23-1603

    180

    -82

    119

    657705

    5427644

    Cokes

    NFGC-23-1609

    120

    -49

    200

    657706

    5427643

    Cokes

    NFGC-23-1708

    55

    -55

    86

    658098

    5428023

    Keats West

    NFGC-23-1713

    352

    -50

    92

    658080

    5428016

    Keats West

    NFGC-23-1718

    5

    -45

    95

    658063

    5428036

    Keats West

    NFGC-23-1741

    45

    -47.5

    104

    658067

    5427983

    Keats West

    NFGC-23-1745

    65

    -67

    71

    657905

    5428067

    Keats West

    NFGC-23-1751

    65

    -67

    68

    657861

    5428087

    Keats West

    NFGC-23-1755

    65

    -50

    87

    657861

    5428087

    Keats West

    NFGC-23-1758

    220

    -45

    73

    657860

    5428087

    Keats West

    NFGC-23-1765

    65

    -67

    68

    657879

    5428036

    Keats West

    NFGC-23-1835

    335

    -45

    105

    657773

    5427570

    Cokes

    NFGC-23-1842

    335

    -45

    138

    657695

    5427556

    Cokes

    NFGC-23-1846

    75

    -50

    138

    657735

    5427672

    Cokes

    NFGC-23-1852

    335

    -45

    87

    657734

    5427674

    Cokes

    NFGC-23-1858

    45

    -45

    75

    657776

    5427695

    Cokes

    NFGC-23-1860

    335

    -45

    87

    657757

    5427708

    Cokes

    NFGC-23-1864

    335

    -45

    69

    657701

    5427697

    Cokes

    NFGC-23-1870

    334

    -45

    95

    657792

    5427603

    Cokes

    NFGC-23-1874

    51

    -45.5

    167

    657788

    5427498

    Cokes

    NFGC-23-1885

    3

    -70.5

    113

    657792

    5427603

    Cokes

    NFGC-23-1891

    37

    -69

    143

    657772

    5427571

    Cokes

    NFGC-24-2008

    12

    -69

    137

    657787

    5427497

    Cokes

    NFGC-24-2025

    335

    -46

    77

    657673

    5427673

    Cokes

    Table 3: Details of drill holes reported in this press release

    Queensway 650,000m Drill Program Update

    The Company is currently undertaking a 650,000m drill program at Queensway and approximately 2,100m of core is currently pending assay results.

    Sampling, Sub-sampling, and Laboratory

    All drilling recovers HQ core. Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.

    A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.

    Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.

    New Found has submitted samples for gold determination by fire assay to ALS Canada Ltd. (“ALS”) and by photon assay to MSALABS (“MSA”) since June 2022. ALS and MSA operate under a commercial contract with New Found.

    Drill core samples are shipped to ALS for sample preparation in Sudbury, Ontario, Thunder Bay, Ontario, or Moncton, New Brunswick. ALS is an ISO-17025 accredited laboratory for the fire assay method.

    Drill core samples are also submitted to MSA in Val-d’Or, Quebec. MSA operates numerous laboratories worldwide and maintains ISO-17025 accreditation for many metal determination methods. MSA is an ISO-17025 accredited laboratory for the photon assay method.

    At ALS, the entire sample is crushed to approximately 70% passing 2mm. A 3,000-g split is pulverized. “Routine” samples do not have visible gold (VG) identified and are not within a mineralized zone. Routine samples are assayed for gold by 30-g fire assay with an inductively-couple plasma spectrometry (ICP) finish. If the initial 30-g fire assay gold result is over 1 g/t, the remainder of the 3,000-g split is screened at 106 microns for screened metallics assay. For the screened metallics assay, the entire coarse fraction (sized greater than 106 microns) is fire assayed and two splits of the fine fraction (sized less than 106 microns) are fire assayed. The three assays are combined on a weight-averaged basis. Samples that have VG identified or fall within a mineralized interval are automatically submitted for screened metallic assay for gold.

    At MSA, the entire sample is crushed to approximately 70% passing 2mm. For “routine” samples that do not have VG identified and are not within a mineralized zone, the samples are riffle split to fill one 450g jar for photon assay. If the jar assays greater than 1 g/t, the remaining crushed material is weighed into multiple jars and are submitted for photon assay.

    For samples that have VG identified or are within a mineralized zone, the entire crushed sample is weighed into multiple jars and are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.

    All samples prepared at ALS or MSA are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver.

    Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs.

    Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found’s quality control protocols.

    New Found’s quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays.

    The Company does not recognize any factors of drilling, sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed.

    The assay data disclosed in this press release have been verified by the Company’s Qualified Person against the original assay certificates.

    The Company notes that it has not completed any economic evaluations of its Queensway Project and that the Queensway Project does not have any resources or reserves.

    Qualified Person

    The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this press release dated February 22, 2024, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

    About New Found Gold Corp.

    New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $53.5 million as of February 2024.

    Please see the Company’s website at www.newfoundgold.ca and the Company’s SEDAR+ profile at www.sedarplus.ca.

    Acknowledgements

    New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador.

    Contact

    To contact the Company, please visit the Company’s website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statement Cautions

    This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to exploration, drilling and mineralization on the Company’s Queensway gold project in Newfoundland and Labrador; assay results; the interpretation of drilling and assay results, the results of the drilling program, mineralization and the discovery of zones of high-grade gold mineralization; plans for future exploration and drilling and the timing of same; the merits of the Queensway project; future press releases by the Company; and funding of the drilling program. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “interpreted”, “intends”, “estimates”, “projects”, “aims”, “suggests”, “indicate”, “often”, “target”, “future”, “likely”, “pending”, “potential”, “encouraging”, “goal”, “objective”, “prospective”, “possibly”, “preliminary”, and similar expressions, or that events or conditions “will”, “would”, “may”, “can”, “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of assay results and the drilling program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management’s discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.


    The New Found Gold Stock at the time of publication of the news with a fall of -3,25 % to 2,98CAD on Tradegate stock exchange (21. Februar 2024, 19:38 Uhr).

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    New Found Intercepts 3.2 g/t Au Over 43.8m and 10.3 g/t Au Over 13m at Keats West & Defines a New Gold Domain at Cokes Zone New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 46 diamond drill holes that were completed as part of a drill program designed to test the Keats West Zone and follow-up on new …

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