Find new gold (TSX-V: NFG, NYSE-A: NFGC) has presented final results from its 2025 drilling campaign in the Dropkick area, expanding a gold discovery at its Queensway gold project in Newfoundland and Labrador.
“Recent drilling results continue to expand Dropkick west and east of the Ajman Free Zone, with the high-grade range west of the Ajman Free Zone showing excellent continuity,” said Melissa Render, President of New Found Gold. “Dropkick remains open along strike to depth; with our drilling in 2025, we have now extended this zone over 1.4 kilometers and from surface to a vertical depth of 300 metres. We look forward to resuming drilling at Dropkick later this year and incorporating this high-grade discovery into our next mineral resource estimate.”
The company intersected some of its strongest gold results to date west of the Appleton fault zone, including 24.8 g/t gold over 14.00 meters from a depth of 324.00 meters and 13.4 g/t gold over 8.10 meters from a depth of 368.15 metres. Additional drilling produced 1.25 g/t gold at 10.60 meters from a depth of 195.00 metres.
Drilling efforts east of the Appleton fault zone produced 6.75 g/t gold at 18.35 meters from a depth of 282.60 metres, further demonstrating the potential of the area across structural boundaries.
The majority of gold mineralization discovered at Dropkick is located on the western side of the Appleton fault zone. However, limited drilling on the eastern side has produced encouraging results in the same structural domain that hosts the Keats and Iceberg zones further south.
Recent drilling across the fault zone in the eastern part of Dropkick intersected another high-grade interval, located just over 100 meters from a previously launched intersection and approximately 940 meters from another important interval. These results highlight the strength of the mineralization system along this part of the fault zone.
New Found Gold plans to resume drilling at Dropkick in late Q2 2026, focusing on expansion in the Southern Range before moving to target and reconnaissance drilling across the Eastern Range. The company also plans to proceed with targeted development further north along the Appleton fault zone on the recently acquired land.
New Found Gold’s 2026 Queensway drilling program has commenced with four drilling rigs currently active. Initial drilling will target open pit resource conversion before moving to underground resource conversion later in the year.
The Company plans to expand grade control drilling operations beginning in the second quarter of 2026 and will provide an updated technical report to Queensway, including an updated Mineral Resource Estimate, in the second half of 2026. The Company’s 2024 and 2025 drilling results at Dropkick will be included in an updated Mineral Resource Estimate planned for the second half of 2026.
More information is available at www.NewFoundGold.ca
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