New Found Gold Reports 71.8 g/t Over 31.95m and 51.3 g/t Over 3.4m
New Found Gold's 2025 grade control program at Queensway returned 71.8 g/t over 31.95 meters at Iceberg and 51.3 g/t over 3.4 meters at Keats, confirming high-grade continuity at near-surface zones in its PEA Phase 1 plan. The 2026 program employs four rigs targeting resource conversion along the Appleton Fault.
1. Final Grade Control Drill Results
New Found Gold's 2025 grade control program at the Queensway project returned 71.8 g/t gold over 31.95 meters at Iceberg and 51.3 g/t over 3.4 meters at Keats, confirming high-grade continuity at near-surface zones planned for early open-pit mining in its PEA Phase 1 plan.
2. 2026 Drill Campaign Plans
The company has deployed four drill rigs in 2026 to focus on resource conversion and expansion along the Appleton Fault Zone, targeting multiple high-grade corridors to upgrade Inferred resources and support the Phase 1 open-pit development schedule.