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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
New Found Gold Announces Temporary Suspension of Heavy Equipment Exploration Activities on the Qu...
About this update from New Found Gold Corp
[{"type":"text","content":"\n\n\n\n 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\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 13, 2025\n \n\n /CNW/ - New Found Gold Corp. (\"\n \n New Found Gold\n \n \" or the \"\n \n Company\n \n \") (TSXV: NFG) (NYSE-A: NFGC) announces the temporary suspension of all exploration activities involving heavy equipment in or near forested areas including, drilling, mulching and excavating on the Company's 100% owned Queensway Gold Project (\"\n \n Queensway\n \n \" or the \"\n \n Project\n \n \"), located in\n \n Newfoundland\n \n and\n \n Labrador, Canada\n \n in response to the forest fire risk in the region.\n \n\n\n\n\n\n\n\n\n\n Keith Boyle\n \n , Chief Executive Officer, commented: \"The Fire Weather index across the island of\n \n Newfoundland\n \n is classified as Extreme or Very High, with several major fires burning. At this time, our thoughts are with our employees and contractors, our local communities, and the people of\n \n Newfoundland\n \n and\n \n Labrador\n \n . On behalf of the entire New Found Gold team, I send our sincere thanks to the firefighters who are working tirelessly to battle the blazes currently burning in the province.\"\n \n\n The Company expects to provide additional information when available.\n \n\n\n About New Found Gold Corp.\n \n\n\n New Found Gold holds a 100% interest in Queensway, located in\n \n Newfoundland\n \n and\n \n Labrador\n \n , a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce.\n \n\n The Company has completed an initial MRE and PEA at Queensway (see New Found Gold news release dated\n \n March 24, 2025\n \n and\n \n July 21, 2025\n \n ).\n \n\n Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the 175,450 ha project that covers a 110 km strike extent along two prospectiv...