New Found Gold Unveils Significant Advancements at Keats West Zone, Confirming High-Grade Gold Continuity
St. John’s, Newfoundland and Labrador – July 9, 2025 – New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFG) is pleased to announce substantial progress at its flagship Queensway Project in Newfoundland, with recent exploration results from the Keats West Zone underscoring the expanding nature and continued high-grade continuity of its gold mineralization. The company’s latest drill program has delivered encouraging intercepts, reinforcing the geological potential of this promising area.
The results detailed in the recent PR Newswire release, published by PR Newswire Energy, highlight the successful efforts by New Found Gold to not only expand the known footprint of the Keats West Zone but also to confirm the persistent presence of high-grade gold mineralization within it. This development is a significant positive indicator for the Queensway Project, suggesting a robust and potentially larger gold system than previously understood.
Key to these latest findings are several drill holes that have intersected significant gold grades and widths, demonstrating a clear and consistent trend of mineralization. These results are instrumental in building confidence in the geological model for the Keats West Zone and provide valuable data for future resource estimation and mine planning. The expansion of the zone indicates that the mineralization is not confined to a singular, isolated deposit, but rather forms a more extensive mineralized structure.
New Found Gold has consistently focused on systematic exploration and drilling, a strategy that is clearly paying dividends at Keats West. The company’s commitment to understanding the geometry and grade distribution of its gold discoveries is crucial for unlocking the full economic potential of the Queensway Project. The confirmation of continuity, particularly at high grades, suggests that the mineralization is well-structured and amenable to potential extraction.
Investors and stakeholders will undoubtedly find these updates encouraging. The sustained success in delineating and expanding high-grade gold at Keats West contributes significantly to the overall value proposition of the Queensway Project. It reinforces the company’s belief in the Queensway Project as a world-class gold discovery and positions New Found Gold for continued positive exploration outcomes.
Further details regarding specific drill intercepts, assay results, and geological interpretations are available in the original press release, offering a comprehensive overview of this exciting progress. New Found Gold remains dedicated to advancing its exploration programs with scientific rigor and a focus on delivering shareholder value.
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PR Newswire Energy published ‘New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone’ at 2025-07-09 21:30. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.