The New Found World, or Antarctike

Novo Resources Shareholder Address

Retrieved on: 
Wednesday, December 7, 2022

VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) -

Key Points: 
  • VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (TSX: NVO) (OTC: NSRPF) -
    2022 has certainly been a challenging year for Novo.
  • There have been some significant highlights at Novo across the year.
  • This sale enabled us to facilitate repayment of the Company’s senior secured US$40 million credit facility with Sprott Resource Lending Corp., resulting in Novo being debt free.
  • Novo is also committed to continuing development work across key areas of the NGP and progressing key workstreams for the Beatons Creek Fresh Mineral Resource.

New Found Appoints Raymond Threlkeld, Prior Chairperson of Newmarket Gold and Director of Kirkland Lake Gold, as Independent Director

Retrieved on: 
Tuesday, October 11, 2022

The sale of Newmarket Gold created over $4-billion in value for Newmarket shareholders from an initial acquisition cost of $25-million.

Key Points: 
  • The sale of Newmarket Gold created over $4-billion in value for Newmarket shareholders from an initial acquisition cost of $25-million.
  • Collin Kettell, CEO of New Found stated, I am thrilled to welcome Raymond Threlkeld as an independent director of the Company.
  • Raymond also brings extensive board experience including serving as a director of Calibre Mining and Kirkland Lake Gold.
  • Raymond Threlkeld, Director of New Found stated, New Found Gold presents an extremely exciting exploration and development opportunity.

New Found Announces the Appointment of Ron Hampton as Chief Development Officer

Retrieved on: 
Tuesday, June 7, 2022

New Found Gold Corp. (New Found or the Company) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the appointment of Ron Hampton as Chief Development Officer of the Company.

Key Points: 
  • New Found Gold Corp. (New Found or the Company) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the appointment of Ron Hampton as Chief Development Officer of the Company.
  • Ron will be based in St. John's, Newfoundland and will report to Collin Kettell, Chair and CEO of New Found.
  • Project Controls and Commercial Services group leader for the $1-billion Diavik Diamond Mines Development for Rio Tinto.
  • Ron Hampton, Chief Development Officer of New Found stated, I am very excited to join the New Found Gold team and am looking forward to the challenge of accelerating the Queensway Project through advanced exploration, environmental permitting, and into the project development phase.

New Found Commences Shipment of Drill Core Samples to MSALAB's Chrysos PhotonAssay™ Facility in Val d'Or, Quebec

Retrieved on: 
Thursday, May 5, 2022

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The initial sample batches sent to the MSALAB's Val d'Or facility will be used to complete a QA/QC assessment for the Company's utilization of Chrysos PhotonAssay at this facility.
  • This process of follow-on fire assay will continue until an adequate data population is acquired to allow the Company to fully validate the Chrysos PhotonAssay method on Queensway samples.
  • Queensway core will be cut, logged, and photographed at New Found's facilities in Gander prior to shipment to Val d'Or where sample preparation and Chrysos PhotonAssay assaying of the samples will be completed.
  • In late 2021 New Found shipped a batch of core samples to Intertek's facility in Perth, Western Australia, and subsequently reported PhotonAssay results for these samples (see January 26, 2022, news release).

New Found Makes Two New Near Surface Discoveries North of the Keats Zone Intersecting 275 g/t Au Over 2.15m and 8.70 g/t Au Over 6.75m

Retrieved on: 
Wednesday, May 4, 2022

Eleven core rigs are currently operating and New Found is targeting an increase in the drill count to 14 rigs.

Key Points: 
  • Eleven core rigs are currently operating and New Found is targeting an increase in the drill count to 14 rigs.
  • True widths of the intercepts reported in this press release have yet to be determined and further exploration is required.
  • Assays are uncut, and composite intervals are calculated using a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m.
  • Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab.

New Found Makes New Discovery Between Keats and Golden Joint Intersecting 43.9 g/t Au Over 3.85m

Retrieved on: 
Wednesday, April 13, 2022

Eleven core rigs are currently operating and New Found is targeting an increase in the drill count to 14 rigs.

Key Points: 
  • Eleven core rigs are currently operating and New Found is targeting an increase in the drill count to 14 rigs.
  • True widths of the intercepts reported in this press release have yet to be determined and further exploration is required.
  • Assays are uncut, and composite intervals are calculated using a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m.
  • Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab.

New Found Intercepts 47.82 g/t Au Over 9.75m at Keats Main, Extends High-Grade Zone to Surface With Interval of 55.61 g/t Au Over 3.20m  

Retrieved on: 
Wednesday, March 2, 2022

True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60% to 95% of reported core lengths.

Key Points: 
  • True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60% to 95% of reported core lengths.
  • Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cut-off of 1.0 g/t Au.
  • Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab.
  • To contact the Company, please visit the Companys website, www.newfoundgold.ca and make your request through our investor inquiry form.

New Found Intercepts 62.3 g/t Au Over 2.00m at Keats Main, Extends High-Grade Zone to 845m Down Plunge

Retrieved on: 
Thursday, February 24, 2022

True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60% to 95% of reported core lengths.

Key Points: 
  • True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60% to 95% of reported core lengths.
  • Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cut-off of 1.0 g/t Au.
  • The complete sample metallic screen assay method is selected by the geologist when samples contain coarse gold or any samples displaying gold initial fire assay values greater than 1.0 g/t Au.
  • Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab.

New Found Makes New Discovery Intercepting 28.20 g/t Au Over 4.50m at Keats Footwall Zone, 145m Below the Keats Main Zone, Reports First Results Using Chrysos PhotonassayTM Method

Retrieved on: 
Wednesday, January 26, 2022

Whole core samples were collected from two diamond drill holes and shipped to Intertek for Chrysos PhotonAssayTM.

Key Points: 
  • Whole core samples were collected from two diamond drill holes and shipped to Intertek for Chrysos PhotonAssayTM.
  • Approximately 34% of the planned 400,000m program at Queensway has been drilled to date with approximately 32,400m of the core with pending assay results.
  • True widths of the intercepts reported in this press release have yet to be determined due to insufficient orientation data at this time.
  • Assays are uncut, and calculated intervals are reported over a minimum length of 2.0m using a lower cut-off of 1.0 g/t Au.

New Found Intercepts 98.13 g/t Au Over 3.85m at Golden Joint, Extending the High-grade Zone to 305m Vertical Depth

Retrieved on: 
Wednesday, January 19, 2022

Intervals are calculated at a 1 g/t Au cut-off grade; grades have not been capped in the averaging.

Key Points: 
  • Intervals are calculated at a 1 g/t Au cut-off grade; grades have not been capped in the averaging.
  • Note that Golden Joint HW intervals from this hole have not yet been received and will be reported once available.
  • Approximately 33% of the planned 400,000m program at Queensway has been drilled to date with approximately 30,515m of the core with pending assay results.
  • Assays are uncut, and calculated intervals are reported over a minimum length of 2.0m using a lower cut-off of 1.0 g/t Au.