# New Found Gold Commences 2025 Work Program on the Queensway Gold Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--13649562-3322-4793-8b4e-ebd58e2a6926 Original source: https://money.tmx.com/en/quote/NFG/news/6035695623607887/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project Publisher: tmx Original announcement: 2025-05-07T21:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: New Found Gold Corp. - Ticker: NFG - Exchange: TSX - Region: Newfoundland and Labrador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-12 14:29:47 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary New Found Gold has commenced its 2025 work program at the Queensway Gold Project, focusing on infill drilling at the Keats West and Lotto zones. The program includes exploration drilling at the Dome and Dropkick zones, alongside excavation and channel sampling activities. Reasoning: The announcement details the operational commencement of a scheduled work program and upcoming technical milestones \(PEA\), rather than reporting new assay results or resource changes. - Positive factor: Commencement of 2025 work program - Positive factor: Infill drilling underway to support resource conversion - Positive factor: Expansion of excavation program for bulk sampling - Positive factor: Upcoming PEA completion Facts used in scoring: 2 ## Classification and evidence **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The company is conducting infill drilling at Keats West and Lotto zones to support the mineral resource. Evidence · text > Infill drilling is underway at the Keats West \(" Keats West "\) and Lotto \(" Lotto "\) zones ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Dropkick \(2024\) [Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--13649562-3322-4793-8b4e-ebd58e2a6926#fact-drill-facts-0) gold Historical result Needs review: ungrounded #### Identity - Hole ID: Dropkick \(2024\) - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: NFG #### Geometry - Grade: 89.5 - Grade Unit: g/t - Intercept: 5.85 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-02-11T00:00:00.000Z #### Dates - Event date: 2025-05-07T00:00:00.000Z Reasoning: This is a restatement of 2024 results for context and is not new news. - Positive factor: High-grade intercept - Negative factor: Historical data Evidence · text > 89.5 g/t Au\[1\] over 5.85 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Dropkick \(2024\) [Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--13649562-3322-4793-8b4e-ebd58e2a6926#fact-drill-facts-1) gold Historical result Needs review: ungrounded #### Identity - Hole ID: Dropkick \(2024\) - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: NFG #### Geometry - Grade: 26.2 - Grade Unit: g/t - Intercept: 16.2 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-02-11T00:00:00.000Z #### Dates - Event date: 2025-05-07T00:00:00.000Z Reasoning: This is a restatement of 2024 results for context and is not new news. - Positive factor: Strong grade and width - Negative factor: Historical data Evidence · text > 26.2 g/t Au over 16.2 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.