New Found Gold Unveils Promising Metallurgical Results for Queensway Gold Project, Bolstering Confidence in Keats West Zone
St. John’s, NL – September 2, 2025 – New Found Gold Corp. (TSXV: NFG, NYSE-A: NFG) has announced significant advancements in its Queensway Gold Project, located in Newfoundland and Labrador. The company has released the results of its Phase III metallurgical test work, which has successfully confirmed high gold recovery rates from the Keats West Zone. Furthermore, New Found Gold has filed a technical report for the Queensway Gold Project, providing comprehensive details on the project’s progress and future outlook.
These latest metallurgical findings are a crucial step in the ongoing development of the Queensway Gold Project. The successful confirmation of strong gold recovery from the Keats West Zone is particularly encouraging, as it directly impacts the project’s economic viability and potential for efficient gold production. This positive outcome from the extensive Phase III testing program suggests that the ore from this key zone can be processed effectively to extract a substantial portion of its gold content.
The filing of the technical report signifies another important milestone, offering stakeholders and the broader investment community a detailed and transparent overview of the project’s geological understanding, resource estimates, and planned development strategies. This report is expected to provide valuable insights into the technical and economic feasibility of bringing the Queensway Gold Project into production.
This news comes as New Found Gold continues its aggressive exploration and development efforts across the Queensway property. The company has consistently demonstrated a commitment to robust technical programs, and these latest metallurgical results and the filing of the technical report underscore their dedication to advancing the project towards potential commercialization.
Investors and interested parties are encouraged to review the newly filed technical report and the detailed metallurgical test results to gain a comprehensive understanding of the Queensway Gold Project’s current status and its promising future.
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PR Newswire Heavy Industry Manufacturing published ‘New Found Gold Announces Results of Phase III Metallurgical Test Work: Confirms Keats West Zone Gold Recovery; Files Technical Report for the Queensway Gold Project’ at 2025-09-02 21:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.