Business
New Found Gold Appoints Douglas Hurst, Founding Member of Newmarket Gold, to Board of Directors
New Found Gold Appoints Douglas Hurst, Founding Member of Newmarket Gold, to Board of Dir...
About this update from New Found Gold Corp
[{"type":"text","content":"\n \n \n \n New Found Gold Appoints Douglas Hurst, Founding Member of Newmarket Gold, to Board of Directors\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n May 11, 2021\n \n /CNW/ -\n \n New Found Gold Corp.\n \n (\"\n \n New Found\n \n \" or the \"\n \n Company\n \n \") (TSXV: NFG) (OTC: NFGFF) is pleased to announce the appointment of Mr.\n \n Douglas Hurst\n \n as a Director of the Company effective immediately.\n \n \n \n \n \n \n \n \n \n \n Mr. Hurst was part of the founding group of Newmarket Gold, which, following discovery of the high-grade Swan Zone at the company's\n \n Fosterville\n \n mine, was sold to\n \n Kirkland Lake Gold\n \n in 2016 for approximately\n \n $1 billion\n \n .\n \n \n Mr. Hurst is a serially successful mining entrepreneur and executive. He founded International Royalty Corporation, which was sold to\n \n Royal Gold\n \n for approximately\n \n $700 million\n \n in 2010. He also serves as the Chairman of Northern Vertex Mining and as a director of Calibre Mining and Newcore Gold.\n \n \n \n \n Collin Kettell\n \n , Chairman of New Found, stated: \"On behalf of the Board of Directors I am delighted to welcome Doug to the New Found team. As a founder and executive of Newmarket Gold, Doug is intimately familiar with how the high-grade Swan Zone discovery progressed, ultimately leading to the acquisition of\n \n Newmarket\n \n by\n \n Kirkland Lake Gold\n \n . New Found believes that the geological setting and style of high grade epizonal gold mineralization at our Queensway project in\n \n Newfoundland\n \n has strong similarities to the high-grade discoveries at\n \n Fosterville\n \n , and we look forward to Doug's insights and advice. Doug's extensive experience spans all aspects of the resource space from exploration through to production as well as the royalty business. I look forward to working with Doug as we advance our exciting discoveries at Queensway.\"\n \n \n \n Doug Hurst\n \n , Director of New Found, stated: \"I am humbled and honoured to be a part of this...