#NFGC

StockTitan

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1 week ago

New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development New Found Gold (NYSE American: NFGC) entered a non-binding term sheet for up to US$75,000,000 in senior secured debt to fund development of the 100% owned Queensway project. Funding is in two tranches (US$50M and US$25M), at 9.25% fixed interest for 24 months, with warrants and first-lien security.Proceeds will support long-lead procurement, early construction, Pine Cove mill expansion, and working capital to advance a construction decision toward first production in late 2027.

#NFGC New Found Gold Announces US$75 Million Term Sheet to Advance Queensway Development

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StockTitan

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2 weeks ago

New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway: New Found Gold (NFGC) reported final results from its 2025 grade control drill program at the Queensway project on March 1, 2026, including Iceberg and Keats excavations. Highlights include multiple at-surface, high-grade intercepts (e.g., 71.8 g/t Au over 31.95 m; 76.6 g/t Au over 16.00 m; 51.3 g/t Au over 3.40 m).The 2025 program totaled 74,377 m in 614 holes; results continue to show continuity of high-grade shoots in the AFZ Core that support the PEA Phase 1 open-pit mine plan. An updated MRE and Technical Report are planned for Q3/26.

#NFGC New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway:

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StockTitan

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2 weeks ago

New Found Gold Announces Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Hammerdown Gold Project New Found Gold (NYSE American: NFGC) released a Preliminary Economic Assessment and updated MRE for the Hammerdown Gold Project on February 26, 2026. The PEA shows an after-tax NPV5% of $199.2M (base case) and $415.1M (US$5,000/oz upside), 13-year LOM with 251,287 oz recovered and average LOM AISC US$2,429/oz. Total mill feed 3.2 Mt at post-sorting head grade 2.89 g/t Au. Total capital costs (with contingency) estimated at $24.3M; reclamation $18.0M. Project uses a hub-and-spoke plan centred on the fully permitted Pine Cove mill; exploration planned to start H2/26.

#NFGC New Found Gold Announces Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Hammerdown Gold Project

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StockTitan

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1 month ago

New Found Gold Delivers Key Milestone at Queensway Gold Project: Enters into Phase 1 EPCM Contract 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

#NFGC New Found Gold Delivers Key Milestone at Queensway Gold Project: Enters into Phase 1 EPCM Contract

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StockTitan

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1 month ago

New Found Gold Commences 2026 Queensway Drill Program; Announces K2 Zone Infill Results New Found Gold (NYSE American: NFGC) has restarted its 2026 Queensway drill program with four rigs active and reports further 2025 K2 infill results. The release covers 4,025 m of drilling across 34 holes at K2 (H2/25) and lists multiple high‑grade intercepts, including 18.86 g/t Au over 2.40 m, 5.29 g/t Au over 11.85 m, and 5.22 g/t Au over 14.90 m. Initial 2026 work targets PEA Phase 2 open pit resource conversion and later Phase 3 underground conversion, plus exploration at Bullseye along the Appleton Fault Zone. Approximately 1,632 m of 2025 K2 drilling remain pending, and ~50% of total 2025 Queensway results are outstanding.

#NFGC New Found Gold Commences 2026 Queensway Drill Program; Announces K2 Zone Infill Results

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StockTitan

@stocktitan.net

3 months ago

New Found Gold Announces Infill Drilling at the Monte Carlo Zone, Queensway Gold Project New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (" New Found Gold" or the " Company") is pleased to announce infill drill results from the Monte Carlo zone (" Monte Carlo") in the AFZ Core (" AFZC"), completed as part of the

#NFGC New Found Gold Announces Infill Drilling at the Monte Carlo Zone, Queensway Gold Project

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Small Cap Strategist

@smcapstrategist.bsky.social

3 months ago

Small-cap stocks overbought with declining relative strength, Mon Dec 8th - #NFGC #ELA #ZEUS #PNRG #KALU #DIBS #AXGN #SMRT #SD #HLLY - More: crystalequityresearch.com/trade-alerts... - #smallcap

StockTitan

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3 months ago

New Found Gold Engages Project Finance Advisor for the Queensway Gold Project New Found Gold (TSXV: NFG, NYSE American: NFGC) engaged Cutfield Freeman & Co. Ltd. as project finance advisor for the Queensway Gold Project in Newfoundland and Labrador.CF&Co will evaluate financing alternatives, act as the primary contact with financiers, manage due diligence with short-listed lenders and advise management and the board on final financing selection. The company referenced the 2025 Preliminary Economic Assessment and noted a $155 million initial capital expenditure to fund Phase 1 production currently targeted for H2/27.

#NFGC New Found Gold Engages Project Finance Advisor for the Queensway Gold Project

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StockTitan

@stocktitan.net

3 months ago

New Found Gold Announces Infill and Expansion Drilling at the K2 Zone, Queensway Gold Project New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (" New Found Gold" or the " Company") is pleased to announce new results from infill and expansion drilling at the K2 zone (" K2") and limited infill drilling at the Jackpot

#NFGC New Found Gold Announces Infill and Expansion Drilling at the K2 Zone, Queensway Gold Project

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StockTitan

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4 months ago

New Found Gold Files Third Quarter 2025 Financial Statements; Grants Stock Options and Restricted Share Units New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (" New Found Gold" or the " Company") announces that it has filed its quarterly financial statements for the quarter ended September 30, 2025 and the related Management's

#NFGC New Found Gold Files Third Quarter 2025 Financial Statements; Grants Stock Options and Restricted Share Units

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StockTitan

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4 months ago

New Found Gold Announces Maritime Securityholder Approval of Arrangement; Strengthens Management Team New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (" New Found Gold" or the " Company") is pleased to announce that Maritime Resources Corp. (" Maritime") shareholders (the " Maritime Shareholders") and optionholders of

#NFGC New Found Gold Announces Maritime Securityholder Approval of Arrangement; Strengthens Management Team

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StockTitan

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4 months ago

New Found Gold Expands Dropkick Zone over an 815 m Strike Length: 29.2 g/t Au over 9.25 m and 20.9 g/t Au over 11.10 m New Found Gold (NYSE: NFGC) announced Q3/25 exploration drilling results from the AFZ Peripheral area at its 100%‑owned Queensway project on October 30, 2025. Dropkick step-outs extended the mineralized strike to 815 m and to a vertical depth of 285 m. Key intercepts include 29.2 g/t Au over 9.25 m, 20.9 g/t Au over 11.10 m, 8.31 g/t Au over 18.20 m, and 4.55 g/t Au over 28.55 m. Blue Jay reconnaissance returned 84.4 g/t Au over 2.00 m and 2.94 g/t Au over 16.00 m. The 2025 Queensway drill program is ~70,000 m and reported as >75% complete; follow-up drilling and surface excavation work are ongoing.

#NFGC New Found Gold Expands Dropkick Zone over an 815 m Strike Length: 29.2 g/t Au over 9.25 m and 20.9 g/t Au over 11.10 m

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StockTitan

@stocktitan.net

5 months ago

New Found Gold Intersects High-Grade Gold Mineralization in Dome Zone Step-Out Program: 10.4 g/t Au over 20.50m and 7.47 g/t Au over 13.40m New Found Gold (NYSE American: NFGC) reported results from 11,187 m of Q3/25 drilling (79 DDH) at the 100%‑owned Queensway Gold Project in Newfoundland. 2025 highlights include 10.35 g/t Au over 20.50 m (NFGC‑25‑2299) and 7.47 g/t Au over 13.40 m (NFGC‑25‑2265) in the Dome step‑out program, plus high‑grade infill intercepts at Lotto/Lotto North including 40.62 g/t Au over 2.80 m (NFGC‑25‑2268) and 33.83 g/t Au over 2.05 m (NFGC‑25‑2292).The 2025 program is ~70% complete of a planned 70,000 m campaign; infill drilling to convert inferred to indicated resources is complete for Phase 1 open pits and ~80% complete for Phase 2. Results will be incorporated into a Queensway mineral resource update scheduled for H1/26.

#NFGC New Found Gold Intersects High-Grade Gold Mineralization in Dome Zone Step-Out Program: 10.4 g/t Au over 20.50m and 7.47 g/t Au over 13.40m

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InsiderFinance

@insiderfinance.com

5 months ago

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StockTitan

@stocktitan.net

5 months ago

New Found Gold Confirms At-Surface High-Grade Core in Iceberg Excavation Channel Sampling Program New Found Gold (NYSE-A: NFGC) has announced significant results from its channel sampling program at the Iceberg excavation within the AFZ Core area of its 100%-owned Queensway Gold Project in Newfoundland and Labrador. The program revealed multiple high-grade gold intersections including 64.8 g/t Au over 6.71m and 113 g/t Au over 2.99m.The excavation exposed gold-bearing quartz veins across a 185m strike length, with 964m of channel samples collected at 7.5m intervals in 45 channel lines. This systematic sampling program was designed to analyze grade variability and validate the geological model for zones targeted in Phase I custom milling outlined in the Queensway Preliminary Economic Assessment.The company is advancing with a 70,000m drill program initiated in May 2025, with 80% focused on the AFZ Core area. Additional work includes the Lotto zone excavation sampling program and upcoming 5m x 5m definition drilling at Keats and Iceberg.

#NFGC New Found Gold Confirms At-Surface High-Grade Core in Iceberg Excavation Channel Sampling Program

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StockTitan

@stocktitan.net

6 months ago

New Found Gold and Maritime Enter into Definitive Agreement to Combine; Combination Creates an Emerging Canadian Gold Producer New Found Gold (NYSE-A: NFGC) has entered into a definitive agreement to acquire Maritime Resources in an all-stock transaction valued at approximately $292 million. Under the agreement, Maritime shareholders will receive 0.75 New Found Gold shares for each Maritime share, representing a 32% premium based on the 20-day VWAP.The strategic combination creates a multi-asset near-term gold producer in Newfoundland, Canada. Maritime's Hammerdown Gold Project is expected to begin production in early 2026, while New Found Gold's Queensway Project targets Phase I production in 2027. The merged entity will benefit from significant operational synergies, including access to Maritime's Pine Cove Mill and Nugget Pond facilities.Post-transaction, existing New Found Gold and Maritime shareholders will own approximately 69% and 31% of the combined company, respectively, on a fully-diluted basis.

#NFGC New Found Gold and Maritime Enter into Definitive Agreement to Combine; Combination Creates an Emerging Canadian Gold Producer

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StockTitan

@stocktitan.net

6 months ago

89.2% Gold Recovery Success: New Found Gold's Queensway Project Hits Major Metallurgical Milestone Phase III metallurgical tests at Queensway Project confirm 89.2% gold recovery from Keats West zone, producing saleable concentrate at 37.9 g/t Au. Feasibility study testing planned for H2/26.

#NFGC New Found Gold Announces Results of Phase III Metallurgical Test Work: Confirms Keats West Zone Gold Recovery; Files Technical Report for the Queensway Gold Project

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StockTitan

@stocktitan.net

6 months ago

New Found Gold Announces Results of Annual General and Special Meeting; Adds Experienced Mining Executive to Board; Restart of Exploration Activities at Queensway Gold Project New Found Gold (NYSE-A: NFGC) announced key corporate developments and operational updates. The company held its Annual General and Special Meeting where shareholders approved the appointment of Tamara Brown to its Board of Directors, expanding the board to seven members. Shareholders also approved creating Eric Sprott as a new Control Person in connection with a C$20 million private placement at C$1.63 per share, expected to close by August 27, 2025.Additionally, the company announced the restart of heavy equipment exploration activities at its 100% owned Queensway Gold Project in Newfoundland and Labrador, following a reduction in the Fire Weather Index. These activities, including drilling, mulching, and excavating, had been temporarily suspended due to regional forest fire risks.

#NFGC New Found Gold Announces Results of Annual General and Special Meeting; Adds Experienced Mining Executive to Board; Restart of Exploration Activities at Queensway Gold Project

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StockTitan

@stocktitan.net

7 months ago

Forest Fire Threat Forces New Found Gold to Suspend Major Canadian Mining Operations Gold exploration company suspends heavy equipment operations at Queensway project amid extreme fire conditions in Newfoundland. CEO acknowledges firefighters' efforts. Get updates.

#NFGC New Found Gold Announces Temporary Suspension of Heavy Equipment Exploration Activities on the Queensway Gold Project in Response to Forest Fire Risk in the Region

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StockTitan

@stocktitan.net

7 months ago

New Found Gold Announces Preliminary Economic Assessment for the Queensway Gold Project New Found Gold (NYSE-A: NFGC) has announced a Preliminary Economic Assessment (PEA) for its Queensway Gold Project in Newfoundland, Canada, outlining a 15-year mine life with total production of 1.5 million ounces of gold.The project will be developed in three phases: Phase 1 requires $155 million initial capital for a small open-pit mine producing 69.3koz Au annually at US$1,282/oz AISC (Years 1-4). Phase 2 involves $442 million growth capital to expand production to 172.2koz Au annually at US$1,090/oz AISC (Years 5-9). Phase 3 adds underground mining operations.The PEA demonstrates strong economics with an after-tax NPV(5%) of $743 million and IRR of 56.3% at US$2,500/oz gold. The project shows significant leverage to gold prices, with NPV increasing to $1.45 billion at US$3,300/oz gold. Initial production is targeted for 2027, pending regulatory approval.

#NFGC New Found Gold Announces Preliminary Economic Assessment for the Queensway Gold Project

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StockTitan

@stocktitan.net

8 months ago

New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone New Found Gold (NYSE-A: NFGC) has announced significant drill results from its 2025 Work Program at the 100%-owned Queensway Gold Project in Newfoundland and Labrador. The drilling program revealed impressive high-grade gold intersections at the Keats West zone, including 55.0 g/t Au over 35.05m, 20.7 g/t Au over 18.05m, and 15.4 g/t Au over 16.70m.The results confirm the continuity of multiple high-grade gold domains within Keats West, which has a mineralized footprint of 315m wide by 305m long. The mineralization starts at surface and extends to depths of 150m vertical. The company also identified new gold mineralization regions within the proposed Keats West open pit that are currently outside the mineral resource estimate (MRE) block model.New Found Gold plans to continue infill drilling in H2/25, targeting remaining lower-grade material domains and expansion drilling in new mineralized areas. A preliminary economic assessment (PEA) is ongoing with completion targeted for early Q3/25.

#NFGC New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone

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StockTitan

@stocktitan.net

8 months ago

New Found Gold Expands Queensway Gold Project 2025 Work Program New Found Gold Corp. (TSX-V: NFG, NYSE-A: NFGC) has expanded its 2025 Work Program at the Queensway Gold Project in Newfoundland and Labrador. The program includes a 70,000-meter diamond drill campaign, with 11,750m already completed using five drill rigs. The work plan allocates 80% to resource definition and pre-development, while 20% focuses on exploration. The AFZ Core excavation program is progressing, with Iceberg excavation channel sampling 80% complete. Notable exploration results from the Dropkick zone include high-grade gold intersections of up to 89.5 g/t Au. The company is advancing engineering studies, including a PEA scheduled for late Q2/25, metallurgical testing, and environmental baseline studies for future permitting.

#NFGC New Found Gold Expands Queensway Gold Project 2025 Work Program

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StockTitan

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9 months ago

New Found Gold Closes Second Tranche of C$63 Million Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option New Found Gold Corp (NFGC) has successfully closed the second and final tranche of its C$63 million bought deal financing. The offering included 24.61 million charity flow-through common shares at C$2.29 per share and 4.37 million common shares at C$1.63 per share. The second tranche consisted of 9.345 million charity flow-through shares, raising C$21.4 million. Notable investor Eric Sprott maintained his 19% shareholding through participation. The proceeds will fund Canadian exploration expenses at the Queensway Gold Project before December 31, 2026. The offering was led by BMO Capital Markets and SCP Resource Finance LP, with underwriters receiving a total fee of C$526,413.75.

#NFGC New Found Gold Closes Second Tranche of C$63 Million Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option

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StockTitan

@stocktitan.net

9 months ago

New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million New Found Gold Corp (NFGC) has closed the first tranche of its C$56M bought deal financing, raising C$42M through the issuance of 15,265,000 charity flow-through shares at C$2.29 per share and 4,370,000 common shares at C$1.63 per share. The second tranche, expected to close around June 12, 2025, will raise an additional C$14M through 6,135,000 charity flow-through shares. Notable investor Eric Sprott plans to maintain his 19% stake. The proceeds from flow-through shares will fund Canadian exploration expenses at the Queensway Gold Project before December 31, 2026, while common share proceeds will support project advancement and working capital. The offering was led by BMO Capital Markets and SCP Resource Finance LP, with underwriters receiving a 5.25% fee on general sales and 1% on President's List Sales.

#NFGC New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million

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Small Cap Strategist

@smcapstrategist.bsky.social

9 months ago

Small-cap stocks gapping up in trading, Wed May 28th - #NFGC #VVPR #SPRO #PAYS #OPAL #MBAV #JUNS #IMCC #HOLO #GASS #EVAX #CKPT #BROG #ACRS #VCSA #SOL #RZB #LVWR #HYLN #ANVS - More: crystalequityresearch.com/SmCpStr/ - #smallcap

StockTitan

@stocktitan.net

9 months ago

New Found Gold Increases Previously Announced Bought Deal Financing to C$56 Million; Previously Announced Private Placement Remains at C$20 Million New Found Gold Corp. (TSX-V: NFG, NYSE-A: NFGC) has expanded its previously announced bought deal financing to C$56 million, adding a new hard dollar tranche of 4,370,000 common shares at C$1.63 per share. The offering includes 21,400,000 charity flow-through common shares at C$2.29 per share. Additionally, the company plans a non-brokered private placement of up to 12,269,939 common shares at C$1.63 per share for C$20 million. Notable investor Eric Sprott intends to participate in both offerings to maintain and increase his shareholding above 20%. The proceeds will advance the Queensway Gold Project, with flow-through funds specifically allocated for Canadian exploration expenses to be renounced by December 31, 2025.

#NFGC New Found Gold Increases Previously Announced Bought Deal Financing to C$56 Million; Previously Announced Private Placement Remains at C$20 Million

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StockTitan

@stocktitan.net

9 months ago

New Found Gold Announces C$49 Million Bought Deal Financing and C$20 Million Private Placement: Continued Support with Lead Orders by Strategic Investor Eric Sprott New Found Gold Corp (TSX-V: NFG, NYSE-A: NFGC) has announced a significant financing package totaling approximately C$69 million, consisting of two components: a C$49 million bought deal financing of charity flow-through shares and a C$20 million private placement. The bought deal involves 21,400,000 charity flow-through common shares at C$2.29 per share, with an additional 15% over-allotment option. The private placement will offer up to 12,269,939 non-flow-through common shares at C$1.63 per share. Strategic investor Eric Sprott intends to participate in both offerings to increase his ownership beyond 20%, becoming a new Control Person. The proceeds will advance the Queensway Gold Project to development stage, with the flow-through funds specifically allocated for Canadian exploration expenses to be renounced by December 31, 2025.

#NFGC New Found Gold Announces C$49 Million Bought Deal Financing and C$20 Million Private Placement: Continued Support with Lead Orders by Strategic Investor Eric Sprott

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StockTitan

@stocktitan.net

9 months ago

New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project: 42.8 g/t Au over 14.95 m, 47.6 g/t Au over 3.95 m and 22.9 g/t Au over 2.40 m New Found Gold (NYSE-A: NFGC) reported significant drill results from its Queensway Gold Project in Newfoundland and Labrador. The company announced high-grade gold intersections at the Dropkick zone, including 42.8 g/t Au over 14.95m, 47.6 g/t Au over 3.95m, and 22.9 g/t Au over 2.40m. The Dropkick mineralization has been extended to a 580m strike length and remains open in all directions. A new mineralization domain was discovered east of the Appleton Fault Zone (AFZ), yielding 5.30 g/t Au over 15.20m. At the Pistachio zone, drilling intersected 5.34 g/t Au over 7.30m, extending high-grade mineralization by 40m down-dip. The company has completed its 2024 exploration program totaling 89,974m in 271 diamond drill holes, with follow-up drilling at Dropkick planned for June 2025.

#NFGC New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project: 42.8 g/t Au over 14.95 m, 47.6 g/t Au over 3.95 m and 22.9 g/t Au over 2.40 m

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StockTitan

@stocktitan.net

10 months ago

New Found Gold Commences 2025 Work Program on the Queensway Gold Project New Found Gold Corp. (NYSE-A: NFGC) has launched its 2025 work program at the Queensway Gold Project in Newfoundland and Labrador. The program includes four diamond drill rigs conducting infill drilling at Keats West and Lotto zones, with two additional rigs planned for June 2025. The company is focusing on both infill and exploration drilling, particularly at high-priority targets including the Dome and Dropkick zones. Following a Q1/25 initial mineral resource announcement, the company is progressing towards development with a fully-funded PEA expected later this quarter. The program includes dewatering of the Iceberg zone excavation for channel sampling, and plans for bulk sampling in H1 2026. Notable previous drill results from Dropkick include 89.5 g/t Au over 5.85m and 26.2 g/t Au over 16.2m. The company has also engaged Target IR for investor relations services at $8,500/month starting May 15, 2025.

#NFGC #NFG New Found Gold Commences 2025 Work Program on the Queensway Gold Project

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StockTitan

@stocktitan.net

11 months ago

New Found Gold Corp. Announces Initial Mineral Resource Estimate New Found Gold Corp. (NYSE-A: NFGC) has announced its initial Mineral Resource Estimate (MRE) for the Queensway Gold Project in Newfoundland. The estimate reveals:Indicated Mineral Resources of 18.0 million tonnes grading 2.40 g/t Au for 1.39 million ounces, and Inferred Mineral Resources of 10.7 million tonnes grading 1.77 g/t Au for 0.61 million ounces.Key highlights include:High-grade core containing 73% of ounces in 24% of indicated tonnageInitial MRE covers less than 5% of the 110 km strike extentResource shows potential for expansion both along strike and at depthPreliminary Economic Assessment (PEA) planned for late Q2/25The MRE incorporates multiple high-grade zones, including Keats and Iceberg, with 96% of indicated resources located within the Appleton Fault Zone Core. Metallurgical testing indicates 90% recovery across all deposits using gravity-CIL processing.

#NFGC New Found Gold Corp. Announces Initial Mineral Resource Estimate

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