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Stock impact report

New Found Gold Delivers Key Milestone at Queensway Gold Project: Enters into Phase 1 EPCM Contract [Yahoo! Finance]

New Found Gold Corp (NFGC) 
Company Research Source: Yahoo! Finance
the " Company ") is pleased to announce key advancements at its 100%-owned Queensway Gold Project (" Queensway " or the " Project ") in Newfoundland and Labrador, Canada, which includes entering into a Phase I engineering, procurement and construction management services (" EPCM ") contract. Highlights of Key Project Advancements: EPCM Scope : The Company has entered into an EPCM contract with WSP Canada Inc., a world-leading professional services and engineering consulting firm, for Queensway Phase 1 project development as outlined in the Company's 2025 preliminary economic assessment (" PEA . The scope of work includes Queensway site development and detailed engineering for an offsite milling facility. Offsite Mill Selection : The Company owns the fully permitted Pine Cove Mill (" Pine Cove ") and Nugget Pond Hydrometallurgical Gold Plant, both located in central Newfoundland. EPCM work will include upgrading and expanding Pine Cove for Queensway Phase 1 to benefit from the sy Show less Read more
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