New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interest in the Queensway project comprising 86 mineral licenses and 6,041 claims that covers an area of 151,025 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
IPO Year: 2021
Exchange: AMEX
Website: newfoundgold.ca
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2023 | $9.00 | Buy | ROTH MKM |
| 6/6/2022 | Outperform | BMO Capital Markets |
SC 13D/A - New Found Gold Corp. (0001840616) (Subject)
SC 13D/A - New Found Gold Corp. (0001840616) (Subject)
SC 13D - New Found Gold Corp. (0001840616) (Subject)
ROTH MKM initiated coverage of New Found Gold Corp. with a rating of Buy and set a new price target of $9.00
BMO Capital Markets initiated coverage of New Found Gold Corp. with a rating of Outperform
VANCOUVER, BC, Nov. 6, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce initiation of work towards a maiden resource estimate and preliminary economic assessment ("PEA") for the Queensway Project ("Queensway" or the "Project"), which comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: The Company has engaged SLR Consulting ("SLR") to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025. The ap
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce that Raymond Threlkeld has joined as an independent member of the Company's board of directors. Highlights: Mr. Threlkeld is a geologist with over 40 years of extensive technical expertise managing teams through exploration, reserve estimates, feasibility studies, and construction, leading several operations through to production including Cowal Gold Mine – Australia, Veledaro – Argentina, Lagunas Norte & Pierina – Peru, and Bulyanhulu – Tanzania. The Pierina Mine produced over 8 million ounces of gold in a 20-year period and launched Barrick Gold to the top of the South American mining
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce that Collin Kettell has been appointed CEO of the Company and that Vijay Mehta has joined as a member of the Company's board of directors. As part of a planned transition Craig Roberts has resigned as CEO and as a director of the Company and will continue with the Company as a full-time consultant in the role of Lead Advisor. Stated Collin Kettell, Chair and CEO: "New Found finds itself in an enviable position at a time when investors are showing renewed interest in gold and gold equities. To date we have made multiple high-grade gold discoveries over approximately 2.7km of strike along th
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
VANCOUVER, BC, Nov. 6, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce initiation of work towards a maiden resource estimate and preliminary economic assessment ("PEA") for the Queensway Project ("Queensway" or the "Project"), which comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: The Company has engaged SLR Consulting ("SLR") to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025. The ap
VANCOUVER, BC, Nov. 1, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to report results from the 2024 Phase II Metallurgical Testing Program conducted on drill core samples collected from the Iceberg and Iceberg East zones as part of the exploration program at its 100% owned Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. Highlights: Phase II metallurgical testing commenced in 2024, focused on Iceberg and Iceberg East. A total of 46 Variability Composites were generated from approximately 340 metres of drill core with a combined weight of 1,400 kilograms, from which one Maste
VANCOUVER, BC, Oct. 31, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the results from 10 deep diamond drill holes including three wedge holes completed at its Queensway Project targeting depth extensions of gold mineralization along the Appleton Fault Zone ("AFZ") in addition to eight diamond drill holes testing near surface targets adjacent to Iceberg Alley and Keats South. New Found's 100%-owned Queensway Project comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Results Highlights: Hole No. From (m) To (m) Interval (m) Au (g/t) Zone NFGC-24-21584 48
VANCOUVER, BC, Oct. 24, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the results from six diamond drill holes completed at its recently acquired Kingsway Project ("Kingsway") that adjoins the northern border of the Queensway Project and is on trend with numerous discoveries made further south along the Appleton Fault Zone ("AFZ"). In addition, the Company is pleased to announce the results from 29 diamond drill holes that were completed as part of a drill program designed to follow up on initial grid drilling results in the Everest area and expand on the Honeypot and Jackpot zones. New Found's 100%-owned Queensway Pr
VANCOUVER, BC, Oct. 15, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce that further to its press release dated July 30, 2024, the Company has elected to purchase the remaining royalty on its Golden Bullet property from three arm's length royalty holders (together, the "Vendors"). As announced on July 30, 2024, New Found purchased 0.6% of the Vendors' 1.6% net smelter returns royalty on the Company's Golden Bullet property and had the right to purchase the remaining 1% net smelter returns royalty (the "Remaining Royalty") from the Vendors. The Company has now elected to purchase the Remaining Royalty for aggregate cash
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce the results of the first phase of channel samples from the Keats Trench and an update on the Iceberg Trench at the Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923757524/en/Figure 1. Keats Trench plan map with the simplified geology, channel sample assay results and gold grade contours (Graphic: Business Wire) Keats Trench Highlights: Hole No. From (m) To (m) Interval (m) Au (g/t) Zone KM-24-01-11
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce that it has entered into three royalty purchase agreements (the "Royalty Purchase Agreements") with arm's length royalty holders (together, the "Vendors" and each, a "Vendor"), whereby New Found will purchase part of each Vendor's royalty interest. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730895545/en/Figure 1. Queensway North plan map including location of Golden Bullet royalty. (Graphic: Business Wire) Highlights: Pursuant to the Royalty Purchase Agreements, the Company will purchase, in aggregate, 0.6% of the Vend
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce the first set of results from 11 diamond drill holes that were completed as part of a deep drilling program along the highly prospective Appleton Fault Zone ("AFZ") on its 100% owned Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. The Company commenced deep drilling at Queensway in March to test targets derived from the initial 3-D seismic interpretation and to date, a total of 14,940m have been completed in 15 drill holes ranging in length from 550m to 1,270m. This press release features multimedia. View the full release here: https:
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce the Company has successfully completed its previously announced acquisition of a 100% interest in Labrador Gold Corp.'s ("LabGold") Kingsway Project (the "Kingsway Project"), located in Gander, Newfoundland and Labrador, as well as certain related assets of LabGold (together with the Kingsway Project, the "Purchased Assets") (the "Acquisition"). Pursuant to the Acquisition, New Found has issued to LabGold 5,263,157 common shares as consideration for the Purchased Assets. About New Found Gold Corp. New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, N
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce the initiation of surface trenching at the Iceberg Zone at its Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240703671356/en/Figure 1. 3-D horizontal section (+/- 25m) with planned Iceberg trench outline on bedrock and previously excavated Keats trench outline. (Graphic: Business Wire) Highlights: The Iceberg surface trenching program will focus on excavating between 1-12 meters of overburden that covers the projection of
Pursuant to the Settlement Agreement, the Plaintiffs will receive a total of 3,750,000 common shares of New Found ("New Found Shares") from the Defendants. Palisades will transfer 2,607,434 New Found Shares that it currently owns to ThreeD and 772,566 New Found Shares that it currently owns to 131. New Found will issue 285,429 New Found Shares to ThreeD and 84,571 New Found Shares to 131, subject to the approval of the TSX Venture Exchange (the "TSXV") and the NYSE American.
Roth MKM analyst Mike Niehuser maintains New Found Gold (AMEX:NFGC) with a Buy and maintains $9 price target.
Roth MKM analyst Mike Niehuser maintains New Found Gold (AMEX:NFGC) with a Buy and raises the price target from $8.5 to $9.
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