New Found Appoints Keith Boyle as CEO: A New Chapter for the Queensway Project

New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) has appointed Keith Boyle as its new Chief Executive Officer, marking a significant milestone in the company's history and setting the stage for the next phase of growth and development. Boyle, a highly experienced executive and operator, brings a wealth of knowledge and expertise to the role, having successfully led several development projects throughout his career. Most recently, as Chief Operating Officer, Keith led the accelerated advancement of Reunion Gold's Oko West discovery through to acquisition by G Mining Ventures for $870 million (New Found Gold Corp., Jan 20, 2025).

Paul Huet, Independent Chairman of New Found, stated: "We are thrilled to welcome Keith Boyle as the new Chief Executive Officer of New Found. With his extensive experience and proven leadership in developing successful mining operations around the globe, Keith is ideally positioned to guide the Queensway Project into its next phase of growth and value creation" (New Found Gold Corp., Jan 20, 2025).

Boyle's appointment follows the resignation of Collin Kettell, the company's founder and former CEO. Kettell's vision and dedication have been instrumental in building New Found into a strong, well-positioned company. Boyle's goal as CEO will be to build on this foundation and realize the untapped potential at the Queensway Project while ensuring the company remains well-positioned for future development (New Found Gold Corp., Jan 20, 2025).

Boyle's experience in leading the accelerated advancement of Reunion Gold's Oko West discovery through to acquisition by G Mining Ventures for $870 million demonstrates his ability to successfully guide projects through the advanced discovery phase and beyond. This experience will be invaluable in leading New Found through the next stages of the Queensway Project's development (New Found Gold Corp., Jan 20, 2025).

In his first public address as incoming Chief Executive Officer, Mr. Boyle stated: "The Queensway Project represents a rare and exciting opportunity to lead a team through the advanced discovery phase and beyond in an emerging gold district while in the top-tier jurisdiction of Newfoundland. It is with great pleasure that I join this remarkable team that has taken this project from a concept, amalgamated a district-scale property package, and delivered discovery after discovery. As CEO, my leadership goals will focus on realizing the untapped potential at Queenway while ensuring the Company remains well-positioned and ready for the possibility of future development, delivering value to all stakeholders" (New Found Gold Corp., Jan 20, 2025).

Boyle's appointment comes amidst a series of positive developments for New Found, including the acquisition of Labrador Gold's Kingsway Project and the ongoing 650,000m drill program at Queensway. These developments, combined with Boyle's leadership, bode well for the company's strategic direction and growth prospects (New Found Gold Corp., April 22, 2024; New Found Gold Corp., Jan 20, 2025).

In conclusion, Keith Boyle's appointment as CEO of New Found Gold Corp. is expected to have a positive impact on the company's strategic direction and growth prospects. His extensive experience in mining operations and project development, combined with the company's positive metallurgical test results and ongoing exploration efforts, positions New Found well for future success. As Boyle takes the helm, investors and stakeholders can look forward to a new chapter in the Queensway Project's development, with a focus on realizing its untapped potential and delivering value to all stakeholders.