New Found Gold Expands Queensway Gold Project: Enters into Property Purchase Agreement to Acquire Additional Mineral Claims
1. New Found Gold acquires 100% interest in mineral claims from Exploits Discovery. 2. The acquisition enlarges the Queensway Gold Project by 33%, totaling 234,050 hectares. 3. Positive preliminary economic assessment supports the transaction's strategic value. 4. The deal enhances exploration potential with 20 km of additional strike along fault zones. 5. The agreement awaits shareholder approval and is subject to regulatory conditions.