New Found Gold Announces High-Grade Discoveries at Queensway Project

An announcement from New Found Gold ( (TSE:NFG) ) is now available.

On February 24, 2025, New Found Gold Corp. announced significant high-grade gold drill results from its Queensway Gold Project. The discoveries at the Golden Dome and Dome Zones include notable intervals of 148 g/t Au over 4.10m and 51.2 g/t Au over 13.30m, respectively. These results indicate potential for further expansion and highlight the project’s promising prospects, enhancing the company’s position in the gold exploration market.

More about New Found Gold

New Found Gold Corp. operates in the mining industry, focusing on gold exploration. The company is primarily engaged in developing its Queensway Gold Project located in Newfoundland and Labrador, Canada.

YTD Price Performance: -6.22%

Average Trading Volume: 461,977

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $357.3M

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