Our Story

New Found Gold is an emerging Canadian gold producer with a 100% interest in the Queensway Gold Project, as well as the recently acquired Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Circuit, all of which are located Newfoundland and Labrador – a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce.

New Found Gold is focused on advancing the Queesnway Gold Project to production and bringing the Hammerdown Gold Project into steady-state production by early 2026.

In 2025, the Company completed an initial mineral resource estimate and announced a positive a preliminary economic assessment for the Queensway Gold Project targeting Phase 1 production for 2027. Over 600,000 metres of drilling have been completed on Queensway since 2020 and a 70,000-metre drill program is currently underway, to be completed by year-end 2025. The Company has outlined multiple near-surface, high-grade gold discoveries over a 22 km strike extent and recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the nearly 175,000-hectare property that covers a 110 km strike extent along two prospective fault zones.

New Found Gold is supported by a new management team and Board of Directors possessing a strong technical background in exploration, development and mine operations, and has an aligned group of shareholders, including cornerstone investor Eric Sprott.

Strategic Growth

2025 has been and will continue to be pivotal year in shaping the company’s future. The year started with the appointment of several new executive team members, including our new Chief Executive Officer, Keith Boyle – a proven mining executive and operator – who successfully led several development projects throughout his career. More recently, as Chief Operating Officer, Keith led the advancement of Reunion Gold’s Oko West Gold Project in Guyana, from exploration through to acquisition by G Mining Ventures for $870 million.

With this experience in hand, Keith and the New Found Gold management team intend to advance the Queensway Gold Project from an advanced- stage exploration project to a gold producing mine, as well as bring the Hammerdown Gold Project into full commercial production.

Looking Ahead

The next step towards development of the Queensway Gold Project involves the recently completed preliminary economic assessment results, which was released in July 2025. This study incorporates the project’s mineral inventory, to demonstrate its economic potential, and potential future development scenarios.

Environmental baseline studies and hydrogeological assessments will continue to ensure sustainable project advancement of Queensway. Through cutting-edge exploration techniques, a commitment to responsible mineral exploration, and strong community partnerships, New Found Gold is poised to shape the future of gold discovery in Newfoundland and Labrador.

For more information on New Found Gold, please see our most recent corporate presentation.