Connect with us

Hi, what are you looking for?

Investing

New Found Gold: Emerging Canadian Gold Producer Advancing Assets in Newfoundland and Labrador

New Found Gold (TSXV:NFG,NYSE:NFGC) is an emerging Canadian gold producer with a portfolio of assets in Newfoundland and Labrador. Its holdings include the flagship Queensway gold project, along with the recently acquired Hammerdown mine, Pine Cove mill, and Nugget Pond hydrometallurgical gold plant.

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Queensway’s neighbouring gold projects

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Company Highlights

District-scale land package at Queensway totaling over 230,000 hectares and covering over 110 kilometres of strike along two major fault zones Recently acquired Hammerdown operation, targeted for steady-state gold production in 2026 Ownership of the Pine Cove operation (with a permitted mill and tailings facility) and Nugget Pond hydrometallurgical gold plant, providing processing infrastructure Strengthened management team and solid shareholder base, including cornerstone investor Eric Sprott

This New Found Gold profile is part of a paid investor education campaign.*

Click here to connect with New Found Gold (TSXV:NFG) to receive an Investor Presentation

This post appeared first on investingnews.com

You May Also Like

Uncategorized

Artificial intelligence (AI) is revolutionizing the way we invest in today’s modern world. With the advent of advanced algorithms and automation, AI has the...

Uncategorized

Navigating Crypto Mining Hardware and Pool Selection When it comes to navigating the world of crypto mining hardware and pool selection, there are a...

Uncategorized

Tech Stocks Surge as Big Tech CEOs Testify Before Congress Investors are gearing up for a big day as the CEOs of major tech...

Uncategorized

The automotive industry is experiencing a significant shift as electric vehicles (EVs) continue to surge in popularity. With the growing concerns over carbon emissions...