New Found Gold Expands Queensway Work Program: Focus on Discovery and Resource Growth
New Found Gold announced an expanded $44 million work program at its Queensway Gold Project, scaling up to 90,000 meters of drilling using six diamond drill rigs. The program shifts focus from initial development-related drilling to a broader scope including 40,000 meters of targeted exploration drilling, district-scale surface exploration, and resource expansion below the AFZ Core.
Key figures
- 2025 drill holes
- 614
- Program budget usd
- 44000000
- 2025 drilling meters
- 74377
- Number of drill rigs
- 6
- Project area hectares
- 220000
- Total drilling meters
- 90000
- Drilling completed to date meters
- 32000
AI analysis
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