New Found Gold Corp. reported final infill drilling results from the Queensway Gold Project confirming gold mineralization continuity, alongside step-out drilling intercepts and pre-development data collection totaling 22,796 meters.
Key takeaways
Keats West zone yielded 9.51 g/t Au over 19.85 m, confirming continuity for the Phase 1 mine plan.
Step-out drilling below Phase 2 pits identified new mineralization, including 9.15 g/t Au over 7.15 m at Keats.
2025 program completed 74,377 m of drilling with approximately 6% of results still outstanding.
Pre-development work included 9,435 m of condemnation drilling confirming absence of mineralization under infrastructure sites.
2026 program is underway with four rigs targeting resource conversion and expansion at the AFZ Core and Dropkick zone.