Investing News Network

Investing News Network

New Found Gold Announces Queensway Gold Project Revised PEA and Updated MRE: After-Tax NPV Increases to $1.7 B with 126% IRR; Measured and Indicated Mineral Resource Increases by 38%

With stronger economics and an expanded resource base, Queensway is fully funded to become Canada’s next mid-tier gold producer All dollar amounts are in Canadian dollars unless otherwise stated. New Found Gold Corp. (TSX: NFGC) (NYSE American: NFGC) (“New Found Gold”…