New Found Gold Corp. (NFGC) Form 6-K — Oct 15, 2026
New Found Gold reported its first quarterly operational results as Canada's newest gold producer, with Q3 2026 gold production of 4,863 ounces and 6,035 ounces sold following commercial production at Hammerdown on August 19, 2026. Average realized gold price was US$4,310/oz with 85% recovery, and management said Hammerdown and the Pine Cove Mill met or exceeded key production targets as operations reached steady state.
Key figures
- Debt Cad
- $70 million
- Gold Sold Oz
- 6035
- Gold Production Oz
- 4863
- Available Debt Facility
- $35 million (available until May 15, 2027)
- Cash And Equivalents Cad
- $167 million
- Avg Gold Recovery Percent
- 85
- Avg Realized Gold Price Cad Per Oz
- 6033
- Avg Realized Gold Price Usd Per Oz
- 4310
- Strip Ratio Q3 2026
- 12.4
- Tonnes Processed Q3 kt
- 66
- Target AISC USD per oz
- ~US$2,500/oz
- Avg Gold Grade Processed gpt
- 2.76
- Life Of Mine Run Rate Oz Per Year
- 20,000-25,000 oz Au
AI analysis
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