New Found Gold Announces Enhancements to Board Leadership
New Leadership at New Found Gold Corp.
New Found Gold Corp. (NFG and NYSE-A: NFGC) has made an exciting announcement regarding its Board of Directors. The company is thrilled to welcome Chad Williams as a new Independent Director. He takes over from Collin Kettell, the company's founder, who is stepping down from the board, marking a new chapter for New Found.
Chad Williams: A Valuable Addition
Chad Williams brings a wealth of experience in mining finance and management. As the Chairman and Founder of Red Cloud Mining Capital Inc., he has proven himself a key player in the mining sector. Williams's impressive background includes previous roles as CEO of Victoria Gold Corp. and head of Mining Investment Banking at Blackmont Capital Inc., alongside his time as a highly regarded mining analyst.
Board Insights from Paul Huet
Paul Huet, the Chairman of New Found Gold, expressed enthusiasm for Chad's appointment. In his own words, "We are excited to have Chad join the Board as an Independent Director. His experience in capital markets and knowledge of the mining industry make him a fantastic addition to our leadership team.”
Gratitude for Collin Kettell
As Mr. Huet emphasized, the company extends sincere gratitude to Collin Kettell for his invaluable contributions. Kettell played a pivotal role in the discovery of the Queensway Gold Project and continues to support New Found as a major shareholder.
About New Found Gold Corp.
New Found Gold Corp. is fully committed to the development of its flagship project, the Queensway Gold Project. With full ownership of the project, which spans over 175,600 hectares, New Found is strategically positioned in a Tier 1 mining jurisdiction. This area boasts excellent infrastructure and a reliable local workforce.
Significant Discoveries and Future Growth
Since 2020, New Found has completed over 600,000 metres of drilling, leading to multiple high-grade gold discoveries near the surface across a 22-kilometre stretch. Recent drilling has revealed exciting new gold zones, enhancing the project's district-scale potential.
The company is currently working on an initial mineral resource estimate and a preliminary economic assessment, with both reports expected to be finalized in the coming months.
Strengthened Management Team
New Found Gold has established a robust management team, supported by a strong shareholder base, including a significant 18% stake held by Eric Sprott. This solid investment underscores the market’s confidence in the company’s potential for growth and value creation at the Queensway project.
Connect with New Found Gold
For more information, you can visit the New Found Gold website and explore the company’s SEDAR+ profile for detailed insights into their operational strategies and future plans.
If you would like to reach out to New Found, you can contact Fiona Childe, Ph.D., P.Geo., Vice President of Communications and Corporate Development, at +1 (845) 535-1486 or via email.
Frequently Asked Questions
What recent changes were made to New Found Gold's Board?
Chad Williams has been appointed as an Independent Director, succeeding Collin Kettell who has stepped down.
What experience does Chad Williams bring to the company?
Williams has extensive experience in mining finance, having previously held leadership positions at Red Cloud Mining Capital Inc. and Victoria Gold Corp.
Why is the appointment of a new board member significant?
This change enhances the board's expertise and strategically positions New Found Gold to navigate future growth opportunities in the mining sector.
What are New Found Gold's future projects?
The company is focused on advancing the Queensway Gold Project, including a new mineral resource estimate and preliminary economic assessment scheduled for completion soon.
How can investors get in touch with New Found Gold?
Interested investors can contact Fiona Childe, the Vice President of Communications and Corporate Development, through the company’s official website.
About The Author
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