New Found Gold Presents Plan for Annual Gold Production Above 200,000 Ounces

By Public Technologies
  • New Found Gold outlined a path to annual gold production exceeding 200,000 ounces in its Capital Markets Day presentation.
  • Queensway development is fully funded through the existing debt facility, cash holdings and Hammerdown cash flows.
  • Cash and marketable securities totaled CAD 167 million; the credit facility provides CAD 35 million.
  • Hammerdown declared commercial production in the third quarter of 2026, processing ore at Pine Cove mill.
  • Queensway's updated measured and indicated mineral resource estimate increased 38%.


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