TSX Venture drops, Nov. 22-26
The S&P/TSX Venture Composite Index fell 4.96% or 49.28 points to 944.05 during the November 22-26 trading week. Spot gold dropped US$57.80 per oz. or 3.13% to finish the wee…
New Found Gold
TSX Venture rises, Oct. 11-15
The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40 per oz., up US$10.30 per…
New Found Gold to raise $50M for exploration at Queensway, Lucky Strike
New Found Gold (TSXV: NFG; US-OTC: NFGFF) is to issue 4.4 million flow-through common shares of the company at a price of $11.39 each to fund exploration at its Queensway…
New Found Gold discovers new high-grade gold zone at Queensway
New Found Gold (TSXV: NFG; US-OTC; NFGFF) has found a new high-grade zone at its 100%-owned Queensway gold project in Newfoundland, 15 km west of Gander. The discovery hole, NFGC-21-241, intersected…
More consolidation expected as Atlantic Canada’s gold rush gathers steam
Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling for caution as the market…
TSX Venture slightly up, June 21-25
The S&P/TSX Venture Composite Index rose 0.18% to finish the trading week at 948.51. Spot gold increased by US$17.70 per oz., or 1%, to US$1,781.50 per ounce. New Found Gold rose 63¢…
Canada’s Top Ten precious metal juniors
With precious metals commanding higher prices, juniors advancing projects with gold and silver deposits are coming into the spotlight. The following companies are the top-10 Canadian-headquartered precious metal juniors that…
Sprott and New Found Gold increase positions in Labrador Gold
Labrador Gold (TSXV: LAB) has closed a non-brokered private placement, raising $15 million from the sale of 16.7 million working capital units at a price of $0.90 each. A single unit…
New Found Gold advances Queensway project in Newfoundland
Earlier this year New Found Gold (TSXV: NFG; US-OTC: NFGFF) said it plans to double its 2021 drill program to 200,000 metres and eight rigs at its flagship Queensway project…
TSX Venture falls, March 1-5
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10. Shares of New Found Gold climbed 48¢ to $3.93. The company announced assay…
New Found Gold hits shallow high-grade in Keats step-out
New Found Gold (TSXV: NFG) has released partial assay results for four holes completed at the Keats zone and for six initial holes completed at the Little-Powerline zone within its…
New Found Gold boosts Queensway budget to $35M, drilling to 200,000 metres
Based on drill results to date at its Queensway gold project in Newfoundland, junior New Found Gold (TSXV: NFG) has doubled the size of its drill program to 200,000 metres…