Wednesday, October 8, 2025

Latest

New Found Gold Hits 21.4 g/t Gold Over 8.05 Metres In Step Out Drilling

New Found Gold Corp. (TSXV: NFG) today announced assay results from nine holes drilled at the Keats Zone. The holes were drilled as part of the 200,000 meter diamond drill program at the company’s flagship Queensway Project located west of Gander, Newfoundland.

The company outlined the following highlight results attributed to the drilling program:

  • Hole NFGC-21-204 intersected 21.4 g/t gold over 8.05 metres, 14.9 g/t gold over 12.9 meters
  • Hole NFGC-21-94B intersected 11.69 g/t gold over 3.80 metres
  • Hole NFGC-21-141 intersected 11.17 g/t gold over 7.00 metres
  • Hole NFGC-21-165 intersected 20.74 g/t gold over of 2.05 metres

The intersections in drill hole NFGC-21-204 reportedly represents a 40 meter down-plunge step-out to the southern part of the property. The Keats high-grade zone has been drill defined over 465 meters in the down-plunge direction to date, with the zone remaining open and further step out drilling to the south and north being conducted.

Four drills are reportedly conducting step out and infill drilling at Keats currently.

New Found Gold Corp. last traded on the TSX Venture at $12.65.


Information for this briefing was found via Sedar and New Found Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Newmont To Sell Off Multiple Canadian Assets, Cut Jobs

Newmont Corp (NYSE: NEM) has announced plans to divest six non-core assets and two non-core...

Friday, February 23, 2024, 02:17:00 PM

As Gold Prices Soar to Historic Highs, What Will Become of the US Economy?

As the coronavirus pandemic continues to wreak havoc on many economies across the world, investors...

Tuesday, September 8, 2020, 06:25:00 PM

Venezuela Paying Iran in Gold in Exchange for Help with Collapsing Oil Refineries

The Hudson Institute, a right wing think tank based in Washington DC, recently published a...

Sunday, May 3, 2020, 01:50:00 PM

Xander Resources Acquires Property In Fenelon Gold Camp

Xander Resources (TSXV: XND) has entered into a definitive agreement to acquire what is referred...

Thursday, May 21, 2020, 09:44:33 AM

Inca One Gold: Company Overview

Inca One Gold Corp (TSXV:INCA) is a Vancouver-based gold producer operating two fully permitted gold...

Sunday, June 13, 2021, 04:39:00 PM