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…

People in this episode

Guest: Keith Boyle

Topics covered

• gold mining
• investment
• production
• financial analysis
• resource management

Keywords

• New Found Gold
• Keith Boyle
• gold projects
• Queensway
• Hammerdown
• Pine Cove Mill
• production
• financing

Mentioned in this episode

Organizations: New Found Gold Corp

Products: Pine Cove Mill

Places: Newfoundland and Labrador, Queensway Gold Project, Hammerdown Gold Project

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