New Found Gold Corp. is a mineral exploration company, which engages in the acquisition, exploration, and evaluation of resource properties. The company is headquartered in Vancouver, British Columbia and currently employs 62 full-time employees. The company went IPO on 2020-08-11. The firm is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The firm holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The firm also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The firm is undertaking a 650,000-meter drill program on Queensway. The company has royalty interests underlying Keats South and several additional zones in Queensway.