New Found Gold boosts Queensway budget to $35M, drilling to 200,000 metres
New Found Gold boosts Queensway budget to $35M, drilling to 200,000 metres Drill core from New Found Gold's Queensway project in Newfoundland. Credit: New Found Gold. 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 from 100,000 metres. The expanded program, which will employ eight drill rigs – up from four currently – will also allow New Found to drill new targets defined along 5 km of strike of the Appleton Fault Zone and 3 km of strike of the JBP Fault Zone. The ...