VANCOUVER, BC, March 3, 2025 /PRNewswire/ – Brandnew Discovered Gold Corp. (“New Found” or the “Company“) (TSXV: NFG) (NYSE-A: NFGC) is happy to announce the appointment of Chad Williams to its board of administrators (the “Board“). Efficient right away, Mr. Williams will exchange Collin Kettell, Founding father of Brandnew Discovered, who’s stepping off the Board.
Mr. Williams is the Chairman and Founding father of Crimson Cloud Mining Capital Inc. He has in depth revel in in mining finance and control, having prior to now held the positions of CEO of Victoria Gold Corp. and Head of Mining Funding Banking at Blackmont Capital Inc., and used to be a extremely ranked mining analyst at TD Deposit and alternative Canadian brokerage companies.
Paul Huet, Chairman of Brandnew Discovered, said “We are excited to have Chad join the Board as an Independent Director. With his extensive capital markets experience and depth of knowledge of the mining industry, Chad is an excellent addition to the Board.”
“I would like to take this opportunity to sincerely thank Collin for his significant contributions to New Found. He was instrumental in the discovery of the Queensway Gold Project and remains a supportive major shareholder of the Company“, persevered Mr. Huet.
About Brandnew Discovered Gold Corp.
Brandnew Discovered holds a 100% hobby within the Queensway Gold Challenge (“Queensway” or the “Project“) in Newfoundland and Labrador, a Tier 1 jurisdiction with finest infrastructure and a talented native body of workers.
With over 600,000 metres of drilling finished since 2020, the Corporate has defined a couple of near-surface, high-grade gold discoveries over a 22 kilometre accident extent. Fresh drilling continues to submit untouched discoveries alongside accident and i’m sick dip of recognized gold zones, pointing to the district-scale doable of the 175,600 hectare Challenge that covers a 110 km accident extent alongside two potential fault zones.
The Corporate has just lately commissioned an preliminary mineral useful resource estimate and initial financial evaluation, which might be scheduled for final touch in early and past due Q2/25, respectively.
Brandnew Discovered has a untouched control workforce in playground, a cast shareholder bottom, which incorporates an 18% conserving by way of Eric Sprott, and is curious about enlargement and worth starting at Queensway.
The following the Corporate’s web page at www.newfoundgold.ca and the Corporate’s SEDAR+ profile at www.sedarplus.ca.
Keith Boyle
Important Government Officer
Brandnew Discovered Gold Corp.
Touch
For additional knowledge on Brandnew Discovered, please talk over with the Corporate’s web page at www.newfoundgold.ca, touch us thru our investor inquiry method at https://newfoundgold.ca/contact/ or touch:
Fiona Childe, Ph.D., P.Geo.
Vice President, Communications and Company Building
Telephone: +1 (845) 535-1486
E mail: [email protected]
Practice us on social media at
https://www.linkedin.com/company/newfound-gold-corp
https://x.com/newfoundgold
Neither the TSX Mission Change nor its Legislation Services and products Supplier (as that time period is outlined within the insurance policies of the TSX Mission Change) accepts accountability for the adequacy or accuracy of this drop.
Ahead-Having a look Commentary Cautions
This press drop accommodates positive “forward-looking statements” inside the that means of Canadian securities regulation, on the subject of the preliminary mineral useful resource estimate and initial financial evaluation for the Queensway Challenge and the timing thereof; some great benefits of the control and Board adjustments; enlargement and worth starting; exploration, drilling and mineralization at the Queensway Challenge; plans for week exploration and drilling; the jurisdiction of the Queensway Challenge; and the deserves of the Queensway Challenge. Even if the Corporate believes that such statements are affordable, it can provide incorrect commitment that such expectancies will end up to be proper. Ahead-looking statements are statements that aren’t ancient details; they’re usually, however no longer at all times, known by way of the phrases “expects”, “plans”, “anticipates”, “believes”, “interpreted”, “intends”, “estimates”, “projects”, “aims”, “suggests”, “indicate”, “often”, “target”, “future”, “likely”, “encouraging”, “pending”, “potential”, “goal”, “objective”, “opportunity”, “prospective”, “possibly”, “preliminary”, and alike expressions, or that occasions or situations “will”, “would”, “may”, “can”, “could” or “should” happen, or are the ones statements, which, by way of their nature, please see week occasions. The Corporate cautions that forward-looking statements are in accordance with the ideals, estimates and evaluations of the Corporate’s control at the generation the statements are made, and so they contain various dangers and uncertainties. As a result, there can also be incorrect words that such statements will end up to be correct and unedited effects and week occasions may vary materially from the ones expected in such statements. Aside from to the level required by way of acceptable securities regulations and the insurance policies of the TSX Mission Change, the Corporate undertakes incorrect legal responsibility to replace those forward-looking statements if control’s ideals, estimates or evaluations, or alternative components, must exchange. Components that would motive week effects to vary materially from the ones expected in those forward-looking statements come with dangers related to the Corporate’s skill to finish the preliminary mineral useful resource estimate and initial financial evaluation, the consequences and timing of the preliminary mineral useful resource estimate and initial financial evaluation, imaginable injuries and alternative dangers related to mineral exploration operations, the chance that the Corporate will stumble upon unanticipated geological components, dangers related to the translation of exploration, drilling and assay effects, the likelihood that the Corporate would possibly not have the ability to reserve allowing and alternative governmental clearances vital to hold out the Corporate’s exploration plans, the chance that the Corporate will be unable to boost have enough money to hold out its trade plans, and the chance of political uncertainties and regulatory or prison adjustments that would possibly intrude with the Corporate’s trade and potentialities. The reader is steered to please see the Corporate’s Annual Data Mode and Control’s dialogue and Research, publicly to be had in the course of the Canadian Securities Directors’ Device for Digital Report Research and Retrieval (SEDAR+) at www.sedarplus.ca for a extra whole dialogue of such possibility components and their doable results.
SOURCE Brandnew Discovered Gold Corp.