New Found Gold Corp. (NFGC) Form 6-K — Jun 2, 2026
New Found Gold Corp. announced the expansion of its fully funded $44 million 2026 work program at its 100%-owned Queensway Gold Project in Newfoundland and Labrador. The program will increase from four to six diamond drill rigs, targeting 90,000 meters of drilling with a strategic shift toward discovery and resource growth beyond the initial mineral resource estimate. The expanded scope includes 40,000 meters of targeted exploration drilling at key zones such as the AFZ Core, Dropkick Zone, and regional targets like Pauls Pond and Greenwood.
Key figures
- Drill rigs total
- 6
- Drill rigs initial
- 4
- Project area hectares
- 220000
- Planned drilling metres
- 90000
- Work program budget usd
- 44000000
- Drilling completed metres
- 32000
- Previous year drill holes
- 614
- Previous year drilling metres
- 74377
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