New Leadership at New Found Gold Corp.
New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) has recently made significant changes to its management team. The company announced that Dr. Fiona Childe has been appointed as Vice President of Communications and Corporate Development, while Dr. Jared Saunders will serve as Vice President of Sustainability. Additionally, Robert Assabgui joins as Study Manager. These appointments are effective immediately and mark an exciting new chapter for New Found.
Strategic Goals with New Appointments
Keith Boyle, the CEO of New Found, expressed his enthusiasm regarding these new leaders, stating, "We have a lot planned for the coming year, including the release of our maiden mineral resource estimate for the Queensway Project and a preliminary economic assessment. Each of these individuals will play a vital role in these initiatives, helping to guide the company through its next steps."
Dr. Fiona Childe's Background
Dr. Fiona Childe, with her extensive background in mining and corporate development, is geared up to take New Found to new heights. With over 25 years of industry experience, Fiona has worked on numerous international projects, focusing primarily on gold. Her vast knowledge and connections will be invaluable as New Found progresses with its strategic plans.
Dr. Jared Saunders' Sustainability Role
Dr. Jared Saunders brings over two decades of expertise in environmental sciences and sustainability. His promotion to Vice President of Sustainability highlights the company’s commitment to environmentally responsible mining practices. Jared's deep understanding of local ecological systems will enhance New Found’s ability to manage its mining projects sustainably.
Leadership Transitions and Continued Support
As part of these management changes, the company also announced that Greg Matheson, Chief Operating Officer, will resign effective February 28, 2025. Greg has been crucial in advancing the Queensway Project since its inception and will remain involved as an advisor to ensure a smooth transition. Additionally, Ron Hampton, Chief Development Officer, will also step down immediately, with the company thanking him for his contributions.
The Queensway Project: A Bright Future
New Found Gold holds 100% interest in the Queensway Project, located strategically near Gander, Newfoundland, and Labrador. The project benefits from excellent infrastructure, including roads and high voltage power lines, which facilitate ongoing exploration work. Currently, the company is executing a significant drill program comprising 650,000 meters of drilling at Queensway.
Looking Ahead
With these strategic appointments and ongoing projects, New Found Gold Corp. is setting a solid foundation for future growth. The leadership's combined experience in exploration, sustainability, and strategic corporate development positions the company effectively within the competitive mining sector.
Frequently Asked Questions
1. What new roles have been appointed at New Found Gold?
Dr. Fiona Childe is the new Vice President of Communications and Corporate Development, Dr. Jared Saunders serves as Vice President of Sustainability, and Robert Assabgui takes on the role of Study Manager.
2. What is the Queensway Project?
The Queensway Project is located 15km from Gander and represents New Found's primary mining focus, facilitating extensive drilling operations.
3. What are the future plans of New Found Gold Corp.?
The company plans to release a maiden mineral resource estimate and a preliminary economic assessment for the Queensway Project in the near future.
4. What expertise does Dr. Fiona Childe bring to her new role?
Dr. Childe has over 25 years in the mining industry, focusing on gold projects and corporate development, leveraging her vast industry network to benefit New Found.
5. Why are sustainability practices important for New Found Gold?
Sustainability practices ensure responsible mining operations that minimize environmental impact, which is essential for long-term feasibility and community relations.
