# New Found Gold Commences 2025 Work Program on the Queensway Gold Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--c98ee70d-a8dc-4c87-b694-23d857e564de 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 15:21:37 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary New Found Gold has commenced its 2025 work program at the Queensway Gold Project, featuring infill drilling at the Keats West and Lotto zones. The program also includes exploration drilling at the Dome and Dropkick zones, alongside excavation and channel sampling activities. Reasoning: The announcement outlines the operational roadmap for the year, focusing on infill drilling and exploration, which signals progress toward development. - 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 **Bonanza Intercept** Polarity: positive Story-specific tag Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 89.5 g/t Au exceeds the exceptional threshold for gold. Evidence · text > 89.5 g/t Au\[1\] over 5.85 m **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a sign-off by a Qualified Person \(Melissa Render, P. Geo.\). Evidence · text > reviewed and approved by Melissa Render , P. Geo., President, and a Qualified Person ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Dropkick [Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--c98ee70d-a8dc-4c87-b694-23d857e564de#fact-drill-facts-0) gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Dropkick - 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: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-02-11T00:00:00.000Z #### Dates - Event date: 2025-05-07T00:00:00.000Z Reasoning: 89.5 g/t over 5.85 m is an exceptional gold intercept. - Positive factor: Exceptional high-grade intercept 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 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-commences-2025-work-program-on-the-queensway-gold-project--c98ee70d-a8dc-4c87-b694-23d857e564de#fact-drill-facts-1) gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Dropkick - 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: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-02-11T00:00:00.000Z #### Dates - Event date: 2025-05-07T00:00:00.000Z Reasoning: 26.2 g/t over 16.2 m is a strong gold intercept. - Positive factor: Strong gold intercept 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.