EXPLORATION & DEVELOPMENT

Best intercept propels New Found Gold to C$1B market cap

New Found Gold’s best drill intercept to date at the Keats zone of its Queensway gold project in Newfoundland, Canada has seen the company’s market capitalisation pass C$1 billion.

 Visible gold in hole NFGC-20-59 at New Found Gold's Queensway project in Newfoundland, Canada

Visible gold in hole NFGC-20-59 at New Found Gold's Queensway project in Newfoundland, Canada

The stock rose 60 cents or 8% on Tuesday to $7.72 per share as the company reported an assay of 17.7m grading 124.4 grams per tonne, following a similar rise the dray before the drilling results came out,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.