New Found Gold Corp. (NFGC) Transitions into Emerging Canadian Gold Producer

The Canadian golden miner completed a C$63 cardinal bought-deal financing and a C$20 cardinal backstage placement, thereby strengthening its fiscal position. It besides completed the acquisition of Maritime Resources, adding highly prospective claims astir Queensway, thereby boosting its prospects arsenic an emerging Canadian golden producer.

“As we participate 2026, our absorption is clear: ramp up Hammerdown safely and efficiently, beforehand Queensway done engineering, permitting, and task concern toward a targeted 2027 start-up, and proceed disciplined, high-impact exploration crossed the territory – gathering connected our occurrence astatine targets similar Dropkick – to unlock the afloat camp-scale imaginable of this emerging Canadian golden camp,” said CEO Boyle.

New Found Gold Corp. (NYSE:NFGC) is simply a Canadian precious metals institution focused connected golden exploration, development, and production, chiefly successful Newfoundland and Labrador, Canada, and is transitioning from an explorer to an emerging shaper with assets specified arsenic the high-grade Queensway project.

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