# New Found Gold Confirms High-Grade Gold Mineralization Over Broad Widths from Keats Zone Initial Grade Control Drilling, Queensway Gold Project: 219 g/t Au over 9.35 m from 19.00 m and 160 g/t Au over 10.30 m from 15.80 m

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--e281aa43-974f-4b34-a364-a7ee5c21b31a

Original source: https://finance.yahoo.com/news/found-gold-confirms-high-grade-070000062.html

Publisher: yahoo\_press

Original announcement: 2025-12-01T07:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: New Found Gold Corp.

- Ticker: NFGC

- Exchange: NYSE

- Region: Newfoundland and Labrador

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-21 04:09:43 UTC

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas summary

New Found Gold has announced high-grade gold drill results from initial grade control drilling at the Keats zone of the Queensway Gold Project. The highlights include intercepts of 219 g/t Au over 9.35 m and 160 g/t Au over 10.30 m.

Reasoning: The announcement reports exceptionally high-grade gold intercepts \(219 g/t and 160 g/t\) over significant widths \(>9m\) in the Keats zone.

- Positive factor: exceptional gold grades

- Positive factor: broad intercept widths

Facts used in scoring: 2

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Intercepts of 219 g/t and 160 g/t Au are exceptionally high-grade.

Evidence · text

> 219 g/t Au over 9.35 m

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--e281aa43-974f-4b34-a364-a7ee5c21b31a#fact-drill-facts-0)

Queensway Gold Project · gold

Needs review: ungrounded

#### Identity

- Project: Queensway Gold Project
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland and Labrador
- Ticker: NFGC

#### Geometry

- Grade: 219
- Grade Unit: g/t
- Intercept: 9.35 m
- From: 19 m
- To: 28.35 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-01T00:00:00.000Z

Reasoning: 219 g/t Au is an exceptional grade for gold.

- Positive factor: exceptional grade

Evidence · text

> 219 g/t Au over 9.35 m from 19.00 m

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--e281aa43-974f-4b34-a364-a7ee5c21b31a#fact-drill-facts-1)

Queensway Gold Project · gold

Needs review: ungrounded

#### Identity

- Project: Queensway Gold Project
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland and Labrador
- Ticker: NFGC

#### Geometry

- Grade: 160
- Grade Unit: g/t
- Intercept: 10.3 m
- From: 15.8 m
- To: 26.1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-12-01T00:00:00.000Z

Reasoning: 160 g/t Au is an exceptional grade for gold.

- Positive factor: exceptional grade

Evidence · text

> 160 g/t Au over 10.30 m from 15.80 m

## 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.