New Found Gold (TSXV:NFG) - Hammerdown & the Path to Production
About this episode
The episode features an interview with Keith Boyle, CEO of New Found Gold, discussing the company's projects and path to production.
Interview with Keith Boyle, CEO & Director of New Found Gold Our previous interview: https://www.cruxinvestor.com/posts/new-found-gold-tsxvnfg-fully-funded-drill-program-for-2026-10527 Recording date: June 9th 2026 New Found Gold Corp (TSXV: NFG | NYSE-A: NFGC) is advancing two gold projects in Newfoundland and Labrador, Canada. Its flagship Queensway Gold Project hosts a NI 43-101 resource of 1.39 million ounces of indicated gold at 2.40 g/t and 0.608 million ounces of inferred gold at 1.77 g/t. The Hammerdown Gold Project, acquired in 2025, provides access to the Pine Cove Mill, a fully permitted, operational processing facility that will receive Queensway Phase 1 ore from Q4 2027, with commercial production targeted for 2028. Hammerdown is in the final stages of its ramp-up to commercial production, defined as sustained 700 tonne-per-day throughput with consistent grade from the open pit. At steady state, the operation is projected to generate $40 to $50 million per year in free cash flow at an AISC of approximately $2,500 per ounce - sufficient to cover corporate overhead and fund the exploration program. The Pine Cove Mill is being doubled in throughput capacity as part…
More episodes of Company Interviews
- Made In America | Myriad Uranium (CSE:M) - America's Uranium Gap & The Wyoming Project Closing It
- GoGold Resources (TSX:GGD) - Los Ricos South Permit Secured, Fully Funded Mine Build Begins
- East Star Resources (LSE:EST) - Partner-Funded Copper Production and $25M Gold Search in Kazakhstan
- Silver Tiger Metals (TSXV:SLVR) - El Tigre Build Advances Toward 2027 First Pour With $800M NPV
- Santacruz Silver (TSXV:SCZ)- Bolivar Recovery and TSX Uplisting Drive 2026 Growth Strategy
- Made in America | Pulsar Helium (TSXV:PLSR) - The Case for Domestic US Helium Development
Explore listener stats, chart rankings, contacts and more on the Company Interviews podcast page.