NFG

New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway

Retrieved on: 
Wednesday, April 3, 2024
Mining, Minerals, Natural Resources, TSX Venture Exchange, Queensway, Lotto, Gold, Sale, NFG, Security (finance), Disclosure, MMSA, Metallurgy, National instrument, Bank statement, BWI, Annual report, Ontario Highway 115, SAG, ATM, Process, CIL, Multimedia, Engineering, Extractive metallurgy

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Phase I metallurgical testing commenced in 2023 and focused on three mineralized zones – Keats Main, Golden Joint, and Lotto.
  • Weighted average gold extraction on all 116 Variability Composite samples, broken out by the five cross sections shown in Figures 1-6, range from 90% to 96%.
  • Gold extraction across the three zones tested in Phase I demonstrates similar metallurgical characteristics and achieved similar extractions from both gravity and CIL.
  • Metallurgical test work at Queensway has been designed and supervised by Gary Simmons (MMSA QP Number: 01013QP) as an independent consultant.

New Found Files 2023 Year-End Disclosure Documents

Retrieved on: 
Thursday, March 21, 2024
Mining, Minerals, Natural Resources, Bank statement, NFG, Gold

New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces that it has filed its annual financial statements for the year ended December 31, 2023, the related Management’s Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2023 (together, the “2023 Annual Documents”), with Canadian securities regulators and with the U.S. Securities Exchange Commission (the “SEC”) on Form 40-F, which includes the 2023 Annual Documents as appendices.

Key Points: 
  • New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) announces that it has filed its annual financial statements for the year ended December 31, 2023, the related Management’s Discussion and Analysis, and its Annual Information Form for the year ended December 31, 2023 (together, the “2023 Annual Documents”), with Canadian securities regulators and with the U.S. Securities Exchange Commission (the “SEC”) on Form 40-F, which includes the 2023 Annual Documents as appendices.

National Fuel Reports Preliminary Voting Results from the Annual Meeting of Stockholders

Retrieved on: 
Monday, March 11, 2024
PwC, National Fuel Gas, Western New York, Annual general meeting, NFG, LLP, Utility

WILLIAMSVILLE, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) (the “Company”) announced today the preliminary results of the stockholder vote on four management proposals as presented during the Annual Meeting of Stockholders, which was held March 8, 2024.

Key Points: 
  • WILLIAMSVILLE, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) (the “Company”) announced today the preliminary results of the stockholder vote on four management proposals as presented during the Annual Meeting of Stockholders, which was held March 8, 2024.
  • All were approved, including the election of David H. Anderson, David P. Bauer, Barbara M. Bauman, David C. Carroll, Steven C. Finch, Joseph N. Jaggers, Rebecca Ranich, Jeffrey W. Shaw, Thomas E. Skains, David F. Smith and Ronald J. Tanski as directors for one-year terms expiring in 2025; the advisory vote on named executive officer compensation; the amended and restated equity compensation plan; and the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm.
  • National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
  • Additional information about National Fuel is available at www.nationalfuel.com .

National Fuel Declares Quarterly Dividend and Announces New Share Repurchase Program

Retrieved on: 
Monday, March 11, 2024
Item, National Fuel Gas, MD, Annual report, Share repurchase, Natural gas, Western New York, Nature, NFG, Harbor, Utility, Fuel, Security (finance)

While there is no end date to the program, the Company is targeting completion of this program by the end of fiscal 2025.

Key Points: 
  • While there is no end date to the program, the Company is targeting completion of this program by the end of fiscal 2025.
  • “National Fuel has paid a dividend for 121 consecutive years and has increased it for each of the last 53 years.
  • The Company’s Board of Directors may suspend, discontinue, terminate, modify, cancel or extend the share repurchase program at any time and for any reason.
  • National Fuel disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

New Found Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway

Retrieved on: 
Monday, March 4, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, AFZ, Acquisition, TCH, Multimedia, Gold, Data, NFG, National instrument, Trans-Canada Highway, Ontario Highway 115, John Keats, Tunnel

The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.

Key Points: 
  • The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.
  • 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.
  • View the full release here: https://www.businesswire.com/news/home/20240304736571/en/
    Figure 1: Extents of the 3-D cube and 2-D seismic lines.
  • Based on the initial results of the seismic survey, the Company has initiated deep drilling aimed at collecting geological information that will be used to confirm the presence of structures identified in the seismic data and to further train and understand the dataset.

National Fuel Schedules First Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
Wednesday, January 17, 2024
Participation, National Fuel Gas, Principal, Western New York, Utility, NFG

WILLIAMSVILLE, N.Y., Jan. 17, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in a teleconference to review National Fuel Gas Company’s (NYSE:NFG) first quarter fiscal 2024 results and hear an update on the Company and its operations.

Key Points: 
  • WILLIAMSVILLE, N.Y., Jan. 17, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in a teleconference to review National Fuel Gas Company’s (NYSE:NFG) first quarter fiscal 2024 results and hear an update on the Company and its operations.
  • Prepared remarks are planned for approximately 20 minutes with ample time for questions and answers.
  • To pre-register for this call (recommended), please visit: https://www.netroadshow.com/events/login?show=4b2c797c&confId=59975
    After registering, you will receive your access details via email.
  • A telephone replay will be available following the call through the end of the day, Thursday, February 15, 2024.

Seneca Resources Achieves Peer-Leading “A” Grade under Equitable Origin’s EO100™ Standard for 100% of Appalachian Natural Gas Production

Retrieved on: 
Wednesday, January 10, 2024
Natural gas, National Fuel Gas, Biodiversity, Ethics, Consultant, NFG, ESG, Climate change, Exploration, Safety, Indigenous peoples, Letter

WILLIAMSVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Today, Seneca Resources Company, LLC (Seneca), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG) (National Fuel), announced that it has attained an "A" letter grade under Equitable Origin's EO100™ Standard for Responsible Energy Development certification, covering 100% of its natural gas production, approximately 1 billion cubic feet of natural gas per day.

Key Points: 
  • WILLIAMSVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Today, Seneca Resources Company, LLC (Seneca), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG) (National Fuel), announced that it has attained an "A" letter grade under Equitable Origin's EO100™ Standard for Responsible Energy Development certification, covering 100% of its natural gas production, approximately 1 billion cubic feet of natural gas per day.
  • Seneca has been certified under the EO100™ Standard since December 2021, following annual independent, third-party audits of Seneca's Pennsylvania operations by Geosyntec Consultants.
  • "We are thrilled to recognize the superb ESG performance Seneca has achieved as assessed by the expert team at Geosyntec.
  • “Seneca is proud to provide safe, reliable, affordable, and sustainable energy for the benefit of Appalachia and beyond."

New Found Increases Queensway Drill Program to 650,000 Metres, Seismic Interpretation to Guide 2024 Targeting

Retrieved on: 
Thursday, January 4, 2024
Mining, Minerals, Natural Resources, National instrument, Ontario Highway 115, Multimedia, Strike, Gold, NFG, 3D, Lotto, Tunnel

An inclined 3-D view of the approximately 6km north-south mineralized corridor along the Appleton Fault Zone at Queensway North with modelled zones.

Key Points: 
  • An inclined 3-D view of the approximately 6km north-south mineralized corridor along the Appleton Fault Zone at Queensway North with modelled zones.
  • (Graphic: Business Wire)
    To date the Company has completed 516,263m of drilling at Queensway.
  • New Found is now planning to drill a total of 650,000m as part of its ongoing drilling program at Queensway, an increase of 150,000m over the Company’s initially planned 500,000m.
  • Mr. Matheson consents to the publication of this press release dated January 4, 2024, by New Found.

New Found Clarifies Technical Disclosure

Retrieved on: 
Tuesday, November 21, 2023
Mining, Minerals, Natural Resources, Disclosure, British Columbia Securities Commission, NYSE, Technical report, NFG, Gold, Glacier Media, Social media, The Northern Miner, Future, Labrador, Article

The Articles have been updated and re-published to correct certain disclosure regarding the Queensway Project at the request of the Company.

Key Points: 
  • The Articles have been updated and re-published to correct certain disclosure regarding the Queensway Project at the request of the Company.
  • The Company retracts the disclosure that was included in the original version of the Articles, including all disclosure regarding an internal scoping study.
  • The Technical Report reflects that neither a mineral resource or preliminary economic assessment have been developed for the Queensway Project.
  • Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

New Found Completes Keats Trench Excavation and Phase 1 Mapping Program, Exposes High-Grade East-West Vein

Retrieved on: 
Friday, November 17, 2023
Mining, Minerals, Natural Resources, Queensway, NYSE, Gold, NFG, Multimedia, Map, Ontario Highway 115, 3D, Strike, Vein, Overalls, Uranium mining, Silviculture, John Keats, Labrador

Prior to the Keats trench, the Keats Zone had only been observed through drill core and modelled in 3D, forming the basis of the Company’s geological model.

Key Points: 
  • Prior to the Keats trench, the Keats Zone had only been observed through drill core and modelled in 3D, forming the basis of the Company’s geological model.
  • This initial phase of work has enhanced the Company’s understanding of the Keats Zone and the controls on high-grade mineralization as seen in the E-W Vein as one example.
  • The E-W Vein was one of the last areas to be revealed and provides one of the best demonstrations of gold deposition at Keats.
  • This vein is well mineralized across its 300m strike length yet forms just a small portion of the overall Keats Main Zone.