TSXV:NFGMetals and Mining
Should Financing-Fueled Hammerdown Progress Toward 2025 Output Require Action From New Found Gold (TSXV:NFG) Investors?
New Found Gold Corp. recently advanced its fully permitted Hammerdown open pit project toward first gold production, completing key construction work and planning initial ore deliveries to the Pine Cove Mill in late summer to early fall 2025.
The company also secured US$30,000,000 in financing to fund mine startup and repay debt, aiming to leverage existing processing infrastructure and a local workforce to help control costs and accelerate project execution.
We’ll now examine how the push...