#Canada #Vancouver #New Found Gold #Queensway Project #Keith Boyle

New Found Gold Corp. Appoints Keith Boyle as CEO

New Found Gold Corp. (commonly referred to as New Found) has recently announced a significant change in their leadership, appointing Keith Boyle as their new Chief Executive Officer (CEO). This decision comes as a strategic move to enhance their mining operations, particularly focusing on their Queensway Project located in Newfoundland and Labrador.

Paul Huet, the Independent Chairman of New Found, expressed the company’s enthusiasm in welcoming Boyle, noting his wealth of experience in the mining sector. With a successful track record that includes leading multiple development projects, Boyle is recognized for his leadership capabilities and operational excellence. Prior to joining New Found, he served as the Chief Operating Officer at Reunion Gold, where he played a crucial role in advancing the Oko West discovery, culminating in an $870 million acquisition by G Mining Ventures.

In his first address as CEO, Boyle highlighted the exceptional potential of the Queensway Project, describing it as an exciting opportunity to lead a team through a critical phase of discovery. He expressed his eagerness to build upon the foundational work of his predecessors, particularly regarding the significant discoveries made in this emerging gold district. According to Boyle, his leadership approach will concentrate on unlocking the untapped potential at Queensway while ensuring that the company is positioned for future growth and value creation for its stakeholders.

Former CEO Collin Kettell, who has been pivotal in the establishment and expansion of New Found over the past nine years, will continue to serve as a director of the company, ensuring a smooth transition. Kettell acknowledged the invaluable experiences he has had with the New Found team and expressed confidence in Boyle’s capabilities to guide the company forward.

Boyle’s extensive background includes academic credentials such as a Bachelor of Science in Mining Engineering and an MBA from the University of Alberta, alongside 40 years of diverse experience in mining operations across North America and beyond. His previous roles have encompassed senior management positions at notable companies such as Reunion Gold Corporation and Placer Dome Inc. Notably, he has spent over 17 years as a Chief Operating Officer specializing in precious and base metals in both open-pit and underground settings.

Under new leadership, New Found is well-prepared for its ambitious 650,000-meter drill program at the Queensway Project, which boasts excellent infrastructure support including proximity to the Trans-Canada Highway and ready access to a skilled workforce. As per the latest financial standings, the company is well-funded for its operational expenditures, indicating strong financial health to support ongoing and future exploration activities.

To summarize, Keith Boyle’s appointment marks a promising new chapter for New Found Gold Corp., and his leadership is expected to catalyze significant advancements in the development of the Queensway Project. With a clear vision for growth and innovation, Boyle’s stewardship will likely steer the company towards achieving its ambitious objectives in the competitive mining industry. For more information, interested parties can visit the company's official website or their SEDAR+ profile for detailed insights into their operations and future plans.