New Found Signs Memorandum of Understanding with Maritime Resources Corp. for Use of the Pine Cove Mill
Ron Hampton, Chief Development Officer of New Found, commented, “Queensway is a unique project, endowed with high-grade gold mineralization and ideally located for potential development.
- Ron Hampton, Chief Development Officer of New Found, commented, “Queensway is a unique project, endowed with high-grade gold mineralization and ideally located for potential development.
- Mineralization at Keats, Iceberg and Keats West is easily accessible and located less than one kilometre from the Trans-Canada Highway.
- Renewable hydroelectric sourced high-tension powerlines run directly across the project adjacent to the Keats, Iceberg and Keats West zones.
- Newfoundland is currently ranked as the world’s #4 mining jurisdiction by the Fraser Institute, providing a highly supportive regulatory environment.