New Found Gold Corp. Releases Annual Financial Commentary

New Found Gold Corp. Discloses Annual Financial Statements
New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) has recently completed its annual financial documentation for the previous year. This includes the financial statements for 2024, the accompanying Management's Discussion and Analysis, and the Annual Information Form. These documents have been filed with Canadian securities regulators and the U.S. Securities Exchange Commission (SEC) as part of compliance and regulatory transparency.
Accessing the Latest Financial Documents
The documents can be easily accessed under the Company's profile on SEDAR+ and through the SEC's EDGAR system. New Found is committed to providing shareholders with all necessary financial information. For convenience, such materials can also be found on the Company’s official website. Shareholders interested in receiving a hard copy of these documents can request them at no charge via the investor inquiry form available online.
Overview of New Found Gold Corp.
New Found Gold Corp. retains a 100% stake in the Queensway Gold Project, recognized as a prominent mining opportunity situated in a jurisdiction known for its favorable mining conditions and robust infrastructure. This facility, spanning over 175,600 hectares, has demonstrated significant gold potential, evidenced by extensive drilling activities that have taken place since 2020.
Project Development and Discoveries
The Queensway Gold Project is remarkable for its expansive drilling efforts totaling over 600,000 meters. This extensive exploration work has established multiple high-grade gold discoveries across a 22-kilometer strike length. Recent drilling efforts have uncovered new gold zones both along strike and beneath existing discoveries, underscoring the vast potential of the region across two significant fault zones.
Future Growth Initiatives
To further assess the Project’s rich resources, New Found has initiated a mineral resource estimate and a preliminary economic assessment. These strategic evaluations are scheduled for completion in the second quarter, aiming to outline the project's feasibility and guide further development.
Management and Shareholder Engagement
With a newly appointed management team and a strong shareholder base—including significant investment from a prominent figure in the investment community—New Found is positioned for robust growth and value creation. The leadership's focus on strategic planning and execution is designed to maximize the potential of the Queensway Project, ensuring sustainable development.
Contact Information and Online Presence
For additional inquiries or detailed information regarding New Found, interested parties are encouraged to visit the Company’s official website or use the investor inquiry form available there. The Company also maintains an active online presence, making it easy for stakeholders to stay updated on developments and progress through social media channels.
Frequently Asked Questions
What financial documents has New Found Gold Corp. filed?
New Found has filed its annual financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended 2024.
Where can I access New Found's financial disclosures?
Financial disclosures are available on SEDAR+, the SEC's EDGAR system, and the Company’s official website.
What is the Queensway Gold Project?
The Queensway Gold Project is a significant mining initiative where New Found holds a 100% interest, showcasing numerous high-grade gold discoveries.
What future assessments is New Found undertaking?
The Company is conducting a mineral resource estimate and preliminary economic assessment that are expected to be completed in the second quarter.
How can I contact New Found Gold Corp.?
Contact can be made through the Company's website using the investor inquiry form for further information.
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