New Found Gold Announces Temporary Suspension of Heavy Equipment Exploration Activities on the Queensway Gold Project in Response to Forest Fire Risk in the Region
St. John’s, Newfoundland and Labrador – August 13, 2025 – New Found Gold Corp. (TSX-V: NFG) (NYSE-A: NFG) announced today that it has temporarily suspended heavy equipment exploration activities at its Queensway Gold Project. This precautionary measure has been implemented in response to the elevated forest fire risk in the region.
The company has made the decision to pause operations involving heavy machinery as a responsible measure to help mitigate potential wildfire hazards. This action reflects New Found Gold’s commitment to the safety of its personnel, the surrounding environment, and the local communities.
While heavy equipment operations are on hold, the company has indicated that it will continue to monitor the situation closely. Further decisions regarding the resumption of these activities will be made based on updated assessments of the regional fire risk and in consultation with relevant authorities.
New Found Gold remains dedicated to the exploration and development of the Queensway Gold Project. The company is confident that this temporary adjustment will allow for a safe and responsible approach to its operations during this period of increased environmental concern. Further updates will be provided as the situation evolves.
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