New Found Gold Corp. (NFGC) Form 6-K — Jun 11, 2026
New Found Gold Corp. (NFGC) reported that its Hammerdown Gold Project remains on schedule for commercial production in the second half of 2026, with gold production ramping up and reconciling from the block model to the mill. The Pine Cove Mill has achieved design criteria of 700 tonnes per day, with peak throughput reaching 1,394 tpd and gold recovery averaging 87%, approaching the preliminary economic assessment target.
Key figures
- Employees
- 76
- Contractors
- 188
- New hires q2
- 50
- Total workforce
- 264
- New jobs created
- 40
- Aisc per ounce usd
- 2500
- Mill throughput tpd
- 700
- Peak throughput tpd
- 1394
- Person hours worked
- 105000
- Drilling completed m
- 7000
- Gold recovery percent
- 87
- Target recovery percent
- 92
- Grade control drilling m
- 20000
- Annual production target oz
- 20,000 to 25,000
- Resource conversion drilling m
- 10000
AI analysis
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