# New Found Gold Grade Control Drilling Continues to Deliver At-Surface High Grade Gold over Broad Widths at Queensway:

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--0950ee15-35dc-4619-95be-0031ba890e33

Original source: https://finance.yahoo.com/news/found-gold-grade-control-drilling-140000175.html

Publisher: yahoo\_press

Original announcement: 2026-03-01T14:00:00.000Z

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 01:42:06 UTC

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas summary

New Found Gold has announced final results from its 2025 grade control drilling at the Queensway Gold Project. The results include high-grade gold intercepts at the Iceberg and Keats targets, characterized by broad widths and high grades.

Reasoning: The announcement reports exceptionally high gold grades \(up to 76.6 g/t\) over significant widths, which is highly material for a grade control program.

- Positive factor: exceptional gold grades

- Positive factor: broad intercept widths

- Positive factor: at-surface mineralization

Facts used in scoring: 4

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Intercepts of 71.8 g/t and 76.6 g/t Au significantly exceed the exceptional threshold for gold.

Evidence · text

> 71.8 g/t Au over 31.95 m

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### Iceberg

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--0950ee15-35dc-4619-95be-0031ba890e33#fact-drill-facts-0)

Queensway Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 71.8
- Grade Unit: g/t
- Intercept: 31.95 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-01T00:00:00.000Z

Reasoning: 71.8 g/t over 31.95 m is an exceptional intercept for gold.

- Positive factor: exceptional grade

- Positive factor: broad width

Evidence · text

> 71.8 g/t Au over 31.95 m

### Iceberg

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--0950ee15-35dc-4619-95be-0031ba890e33#fact-drill-facts-1)

Queensway Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 76.6
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-01T00:00:00.000Z

Reasoning: 76.6 g/t is an exceptionally high grade.

- Positive factor: exceptional grade

Evidence · text

> 76.6 g/t Au over 16.00 m

### Keats

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--0950ee15-35dc-4619-95be-0031ba890e33#fact-drill-facts-2)

Queensway Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 51.3
- Grade Unit: g/t
- Intercept: 3.4 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-01T00:00:00.000Z

Reasoning: High grade but relatively narrow intercept.

- Positive factor: exceptional grade

- Negative factor: narrow width

Evidence · text

> 51.3 g/t Au over 3.40 m

### Keats

[Link to this fact](https://atlas-staging.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--0950ee15-35dc-4619-95be-0031ba890e33#fact-drill-facts-3)

Queensway Gold Project · gold

#### Identity

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

#### Geometry

- Grade: 11.8
- Grade Unit: g/t
- Intercept: 9.95 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-01T00:00:00.000Z

Reasoning: 11.8 g/t is a strong grade intercept.

- Positive factor: strong grade

Evidence · text

> 11.8 g/t Au over 9.95 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.