New Found Gold announces results from five diamond drill holes at Iceberg

New Found Gold announced the results from five diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone, or AFZ. New Found’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Melissa Render, VP of Exploration of New Found, stated: “Today’s results speak for themselves. It is thrilling to experience continued success at Iceberg, a highly gold-enriched segment of the Keats-Baseline Fault, comprised of a network of high-grade gold-bearing veins that span a domain having true widths ranging from 10-40m. Iceberg starts at surface and all intercepts reported to date occur within a very shallow window at depths of up to a mere 160m. We look forward to continued exploration at Iceberg and Iceberg East, as well as numerous other zones being discovered along the Appleton North Corridor.”