New Found Gold (NFGC) Delivers High-Grade Results from 2025 Queensway Drill Program

1 week ago 7

Maham Fatima

Wed, March 4, 2026 astatine 10:37 AM CST 2 min read

New Found Gold Corp. (NYSEAMERICAN:NFGC) is 1 of the most promising Canadian stocks according to analysts.On March 1, New Found Gold Corp. released the last results from its 2025 people power drill programme astatine the 100%-owned Queensway Gold Project successful Newfoundland and Labrador. The programme focused connected the Keats and Iceberg zones wrong the Keats-Baseline Fault Zone, delivering high-grade golden intercepts astatine oregon adjacent the surface.

Notable results from the Iceberg excavation see 71.8 g/t Au implicit 31.95 meters and 76.6 g/t Au implicit 16.00 meters, portion the Keats portion yielded 51.3 g/t Au implicit 3.40 meters. These findings corroborate the beardown continuity of mineralization. The 2025 programme utilized a choky 5-meter by 5-meter drill spacing to amended assurance successful golden organisation and validate archetypal mineral assets estimation models. In total, the institution completed 2,773 meters of drilling crossed 84 holes astatine Keats and 2,390 meters crossed 40 holes astatine Iceberg.

New Found Gold Corp. (NYSEAMERICAN:NFGC) has present initiated its 2026 drill programme with 4 progressive rigs, initially targeting assets conversion for the Phase 2 unfastened pit and Phase 3 underground plans. The institution intends to grow people power drilling successful Q2 2026, including caller enactment astatine the Lotto excavation. Approximately 45% of the results from the 2025 drilling play stay outstanding and volition beryllium released arsenic they go available. Additionally, the institution expects to record an updated Technical Report and mineral assets estimation for the Queensway Project successful Q3 2026.

New Found Gold (NFGC) Delivers High-Grade Results from 2025 Queensway Drill Program

New Found Gold Corp. (NYSEAMERICAN:NFGC) is simply a mineral exploration institution that engages successful the identification, evaluation, acquisition, and exploration of mineral properties successful the Provinces of Newfoundland and Labrador, Canada.

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