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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--cd09818c-7198-4e76-bb1e-ce2c76065336

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: NFG

- Exchange: TSXV

- Region: Newfoundland and Labrador

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-19 08:14:59 UTC

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas summary

New Found Gold Corp. has released final results from its 2025 grade control drilling at the Queensway Gold Project. The results feature high-grade gold intercepts, including 71.8 g/t Au over 31.95 m and 76.6 g/t Au over 16.00 m.

Reasoning: The announcement reports exceptionally high-grade gold intercepts \(up to 76.6 g/t\) 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 and 76.6 g/t Au over 16.00 m

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document mentions the results are from a grade control drill program, implying standard protocols, though specific lab names are not in this snippet.

Evidence · text

> final results of the Company's 2025 grade control drill program

## 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-extractions.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--cd09818c-7198-4e76-bb1e-ce2c76065336#fact-drill-facts-0)

Queensway · gold

#### Identity

- Hole ID: Iceberg
- Project: Queensway
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: NFG

#### Geometry

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

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Very high grade over a wide interval.

- Positive factor: exceptional grade

- Positive factor: broad width

Evidence · text

> 71.8 g/t Au over 31.95 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"

### Iceberg

[Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--cd09818c-7198-4e76-bb1e-ce2c76065336#fact-drill-facts-1)

Queensway · gold

#### Identity

- Hole ID: Iceberg
- Project: Queensway
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: NFG

#### Geometry

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

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Very high grade intercept.

- Positive factor: exceptional grade

Evidence · text

> 76.6 g/t Au over 16.00 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"

### Keats

[Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--cd09818c-7198-4e76-bb1e-ce2c76065336#fact-drill-facts-2)

Queensway · gold

#### Identity

- Hole ID: Keats
- Project: Queensway
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: NFG

#### Geometry

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

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### 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: high grade

- Negative factor: narrow width

Evidence · text

> 51.3 g/t Au over 3.40 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"

### Keats

[Link to this fact](https://atlas-extractions.minestarters.com/news/new-found-gold-grade-control-drilling-continues-to-deliver-at-surface-high-grade--cd09818c-7198-4e76-bb1e-ce2c76065336#fact-drill-facts-3)

Queensway · gold

#### Identity

- Hole ID: Keats
- Project: Queensway
- Commodity: gold
- Region: canada\_nl
- Reported Region: canada\_nl
- Ticker: NFG

#### Geometry

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

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Moderate high-grade intercept.

- Positive factor: solid grade

Evidence · text

> 11.8 g/t Au over 9.95 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.
