# 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-extractions.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--f159382f-4d53-4ac4-9c06-addc43b23116 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: NFG - Exchange: TSXV - Region: Newfoundland and Labrador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-09-19 09:01:58 UTC Narrative sentiment: 1.00 · Bullish ## Minestarters Atlas summary New Found Gold has reported high-grade gold results from initial grade control drilling at the Keats zone of the Queensway Gold Project. 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, which is highly material for a grade control program. - Positive factor: High-grade gold intercepts - Positive factor: Broad widths - Positive factor: Grade control drilling confirming mineralization 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: 219 g/t Au and 160 g/t Au significantly exceed the exceptional threshold for gold. Evidence · text > 219 g/t Au over 9.35 m **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The results are from grade control drilling, which is a form of infill/definition drilling for mining. Evidence · text > initial results from grade control drilling ## 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-extractions.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--f159382f-4d53-4ac4-9c06-addc43b23116#fact-drill-facts-0) Queensway · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Queensway - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: NFG #### Geometry - Grade: 219 - Grade Unit: g/t - Intercept: 9.35 m - From: 19 m - To: 28.35 m - Intercept Depth: 19 m #### Classification - Program: resource - Sample Type: drill - Group ID: Queensway:19-28.35 #### Location - Location: Keats zone - Loc. Source: document #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-12-01T00:00:00.000Z Reasoning: Extremely high grade intercept. - Positive factor: Exceptional grade Evidence · text > 219 g/t Au over 9.35 m from 19.00 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-confirms-high-grade-gold-mineralization-over-broad-widths-from-ke--f159382f-4d53-4ac4-9c06-addc43b23116#fact-drill-facts-1) Queensway · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Queensway - Commodity: gold - Region: canada\_nl - Reported Region: canada\_nl - Ticker: NFG #### Geometry - Grade: 160 - Grade Unit: g/t - Intercept: 10.3 m - From: 15.8 m - To: 26.1 m - Intercept Depth: 15.8 m #### Classification - Program: resource - Sample Type: drill - Group ID: Queensway:15.8-26.1 #### Location - Location: Keats zone - Loc. Source: document #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-12-01T00:00:00.000Z Reasoning: Extremely high grade intercept. - Positive factor: Exceptional grade Evidence · text > 160 g/t Au over 10.30 m from 15.80 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## 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.