Author

admin

Browsing

When missiles fly, we expect explosions. We expect smoke, sirens and satellite images. What we do not expect is silence. 

On February 28, 2026, as fighter jets and cruise missiles struck Iranian Revolutionary Guard command centers during Operation Roar of the Lion, a parallel assault reportedly unfolded in cyberspace. 

Official news sites and key media platforms went offline, government digital services and local apps failed across major cities, and security communications systems reportedly stopped functioning, plunging Iran into a near-total digital blackout.

According to NetBlocks, a global internet monitoring organization that tracks connectivity disruptions, nationwide internet traffic in Iran plunged to just 4 percent of normal levels. 

That level of collapse suggests either a deliberate state-ordered shutdown or a large-scale cyberattack designed to paralyze critical infrastructure. Western intelligence sources later indicated the digital offensive aimed to disrupt IRGC command and control systems and limit coordination of counterattacks. 

For the United States and its allies, the episode offers a stark reminder that modern conflict now blends airstrikes with digital warfare in ways that can ripple far beyond the battlefield.

In a matter of hours, modern conflict looked less like tanks and more like a blinking cursor.

 

Get my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you’ll get instant access to my Ultimate Scam Survival Guide – free when you join my CYBERGUY.COM newsletter    

Iran internet shutdown: A country offline in real time

Reports described widespread outages across Iran. Official news sites stopped functioning. IRNA, Iran’s state-run news agency, went offline. 

Tasnim, a semi-official news outlet closely aligned with the Islamic Revolutionary Guard Corps, reportedly displayed subversive messages targeting Supreme Leader Ali Khamenei. 

The IRGC, Iran’s powerful military and intelligence force, plays a central role in national security and regional operations. At the same time, local apps and government digital services failed in cities like Tehran, Isfahan and Shiraz.

This was not one website defaced for headlines. It appeared systemic. Electronic warfare reportedly disrupted navigation and communications systems. 

Distributed denial of service attacks, often called DDoS attacks, flooded networks with traffic to overwhelm and disable them. 

Deep intrusions targeted energy and aviation systems. Even Iran’s isolated national internet struggled under pressure. 

For a regime that tightly controls information, losing digital command creates both operational and political risk.

Why cyber warfare matters in the Iran conflict

Cyber operations offer something missiles cannot. They disrupt without always killing. They send a signal without immediately triggering full-scale war. That matters in a region where escalation can spiral fast. 

History shows Iran understands this logic. Between 2012 and 2014, Iranian actors targeted U.S. financial institutions in Operation Ababil. Saudi Aramco also suffered a major cyberattack. 

After Israeli strikes in 2025, cyberattacks targeting Israel surged dramatically within days.

Cyber retaliation lets leaders respond while limiting direct military confrontation. It buys leverage in negotiations. It creates pressure without necessarily crossing a red line.

But there is a catch. Every cyber strike risks miscalculation. And digital damage can spill into the real world fast if critical infrastructure is hit.

If the blackout and strikes mark a turning point, Tehran has options. None are simple.

1) Cyberattacks against U.S. or allied infrastructure

Cyber retaliation remains one of Iran’s most flexible tools. It can range from disruptive attacks and influence campaigns to more targeted intrusions that pressure critical services. Recent expert commentary warns that U.S. cyber defenses and the private sector could face sustained testing.

2) Targeting U.S. drones and unmanned systems

Iran has used drones and electronic interference as signals before. Analysts continue to flag jamming, spoofing and harassment of unmanned systems as a way to raise costs without immediately striking large numbers of personnel.

3) Maritime attacks in the Strait of Hormuz

This risk is rising fast. An EU naval mission official reportedly said IRGC radio transmissions warned ships that passage through Hormuz was ‘not allowed’. Greece has also urged ships to avoid high-risk routes and warned about electronic interference that can disrupt navigation. Insurers are already repricing the danger, with reports of war-risk policies being canceled or sharply increased.

4) Support for allied or informal armed groups

Iran has long worked with allied forces and militias in the region, and some of those groups could step up attacks on U.S. interests or allied partners in retaliation, widening the clash without direct state-to-state engagement.

5) Limited ballistic missile strikes

Missile strikes remain a high-impact option, but they raise the odds of rapid escalation. Recent expert analysis continues to frame them as a tool Iran may use for signaling, especially if leadership feels cornered.

The escalation risk between the U.S. and Iran

Here is the uncomfortable truth. Neither Washington nor Tehran likely wants a full-scale regional war. In moments like this, military strikes rarely stand alone. 

They often move alongside diplomacy. Leaders send signals. They apply pressure. At the same time, they try to leave room for talks.

But escalation has momentum. Each missile changes the equation. Each casualty raises the stakes. The more damage done, the harder it becomes to step back. 

Fear plays a role. So does pride. Domestic audiences demand strength. Leaders feel pressure to respond in kind. That is how limited strikes can spiral into something much larger.

What the Iran cyberattack blackout means for global cybersecurity

This episode highlights something bigger than regional tension. Nation-states now pair kinetic strikes with digital offensives. 

Cyberattacks can blind communications, freeze infrastructure and disrupt financial systems before the world even processes the first explosion.

For businesses and individuals, that reality matters. Modern conflict no longer stays confined to battlefields. 

Supply chains, energy grids and online platforms can feel the ripple effects. The blackout in Iran serves as a reminder that digital resilience is now a national security issue. 

How to stay safe during rising cyber tensions

When a country’s internet can plunge to just 4 percent of normal traffic in hours, it is a reminder that cyber conflict can escalate quickly. 

Even if the disruption happens overseas, global networks are interconnected. Financial systems, supply chains and online platforms can feel the ripple effects.

You cannot control geopolitics. You can control your digital hygiene. Here are practical steps to reduce your personal risk during periods of heightened cyber activity:

Install strong antivirus software to guard against state-linked phishing and malware campaigns that often spike during geopolitical conflicts. 

Nation-state actors frequently exploit breaking news and global instability to spread malicious links and ransomware. Get my picks for the best 2026 antivirus protection winners for your Windows, Mac, Android & iOS devices at Cyberguy.com

Keep devices updated so security patches close vulnerabilities that attackers often exploit during global cyber spikes.

Use strong, unique passwords stored in a reputable password manager to protect your accounts if cyber retaliation campaigns expand beyond government targets. Check out the best expert-reviewed password managers of 2026 at Cyberguy.com

Enable two-factor authentication (2FA) on financial, email and social accounts to safeguard access in case stolen credentials circulate during heightened cyber conflict.

Be cautious with urgent headlines or alerts about international conflict, since attackers frequently mimic breaking news.

Monitor financial accounts for unusual activity in case broader disruptions spill into banking systems.

When tensions rise, phishing campaigns often rise with them. Threat actors exploit fear and confusion. Staying disciplined with basic security habits makes you a harder target if malicious traffic increases.

Think your devices and data are truly protected? Take this quick quiz to see where your digital habits stand. From passwords to Wi-Fi settings, you’ll get a personalized breakdown of what you’re doing right and what needs improvement. Take my Quiz here: Cyberguy.com        

Kurt’s key takeaways

The reported cyber blackout inside Iran may signal a new chapter in modern conflict. Jets and missiles still matter. But so do servers, satellites and code. Leaders may try to contain the damage while showing strength. 

Still, history shows how quickly careful plans can unravel once pressure builds. War today runs on electricity and bandwidth as much as fuel and ammunition. 

When networks go dark, the impact does not stay on a battlefield. It spills into banking systems, airports, hospitals and the phones in our pockets. That is what makes this moment different.

If an entire nation’s digital systems can be disrupted in hours, how prepared is your community if something similar ever hits closer to home?  Let us know by writing to us at Cyberguy.com

Get my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you’ll get instant access to my Ultimate Scam Survival Guide – free when you join my CYBERGUY.COM newsletter 

Copyright 2026 CyberGuy.com.  All rights reserved. 

Related Article

149 million passwords exposed in massive credential leak
149 million passwords exposed in massive credential leak
This post appeared first on FOX NEWS

As the White House confirmed on Sunday, the Islamic Republic of Iran’s leadership has contacted the U.S. asking for talks. The list of potential successors to replace Ayatollah Ali Khamenei, who was killed on Saturday by an Israeli airstrike, includes his son and former advisers. 

Since the establishment in 1979 of the Islamic Republic, led by the fiery anti-American Ayatollah Ruhollah Khomeini, this will be only the second time that a new supreme leader has been selected. 

The potential successors to Khamenei include a list of hard-line anti-Western extremists who, like Khamenei, are set on the destruction of Israel and the continued export of the Islamic revolution.

Ali Larijani

One possible successor is regime loyalist Ali Larijani, the secretary of the Supreme National Security Council, who reportedly implemented Khamenei’s plan to massacre over 30,000 Iranians who protested against his regime in January.

On Saturday, he threatened a response in a statement on X on Saturday, writing, ‘We will make the Zionist criminals and the vile Americans regret it,’ adding, ‘The brave soldiers and the great nation of Iran will deliver an unforgettable lesson to the hell-bound oppressors of the international order.’

In January, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Larijani as one of ‘the architects of the Iranian regime’s brutal crackdown on peaceful demonstrators.’ The statement added, ‘Larijani was one of the first Iranian leaders to call for violence in response to the legitimate demands of the Iranian people.’

Larijani was the president of the Islamic Republic’s parliament and, like Khamenei, has engaged in Holocaust denial. Larijani was also a commander for the Islamic Revolutionary Guard Corps (IRGC), a U.S. and EU-designated terrorist organization.

Beni Sabti, an Iran expert at the Institute of National Security Studies in Israel, questioned reports claiming that Larijani is favorite to be the next supreme leader. He told Fox News Digital, ‘Larijani is not a cleric, but he can help some of the candidates who are clerics behind the curtains, such as his brother, Mohammad-Javad Larijani, who was head of the judiciary.’ 

Mohammad-Javad Larijani

Mohammad-Javad Larijani has called for the destruction of Israel and denied the Holocaust. He was previously secretary general of Iran’s high council for human rights. 

As a close adviser to the late supreme leader, he has defended stoning for adultery, declaring it protects ‘family values’ as part of Islamic law. 

Mojataba Khamenei

Another replacement for Khamenei might be his second son, Mojtaba, who works closely with IRGC. The first Trump administration sanctioned him in 2019. 

According to the Treasury Department sanction designation, ‘The Supreme Leader has delegated a part of his leadership responsibilities to Mojataba Khamenei, who worked closely with the commander of the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and also the Basij Resistance Force (Basij) to advance his father’s destabilizing regional ambitions and oppressive domestic objectives.’ 

Iran International reported that the IRGC seeks a rapid-fire replacement for Khamenei. The Islamic system in Iran prescribes an elected body of 88 senior clerics—the Assembly of Experts—to select the next leader.

Alireza Arafi

The cleric and jurist Alireza Arafi, 67, who is part of a three-person temporary leadership council to run Iran might also be the successor to Khamenei.

According to the U.S.group United Against a Nuclear Iran, Arafi promised ‘death’ to protesters who knock over the turbans of Iranian Islamic clerics. ‘Those who attack the turbans of the clergy should know that the turban will become their shroud,’ Arafi said. 

Ayatollah Mohammad-Mehdi Mirbagheri 

The extremist Ayatollah Mohammad-Mehdi Mirbagheri is also a contender to replace Khamenei. Mirbagheri argues for fighting and overcoming ‘infidels.’ 

Mirbagheri has quoted Iran’s first Supreme Leader, Ruhollah Khomeini, declaring that a ‘new culture based on Islam in the world’ would mean ‘hardship, martyrdom and hunger’ and that Iranian people had ‘voluntarily chosen’ to embrace this activity, according to Iran International. Mirbagheri’s theological credentials position him as a natural replacement for Khamenei.

Other names

Another clerical successor to Khamenei being discussed is Hassan Khomeini, the grandson of Ayatollah Ruhollah Khomeini. He is the custodian of the Khomeini mausoleum and, at 53 is young by the Islamic Republic’s standards for leadership.

United Against a Nuclear Iran ranked Ayatollah Seyyed Hashem Hosseini Bushehri, who was born in 1956 in Bardkhun, Bushehr, a second tier candidate to replace Khamenei.

‘Bushehr, is a powerful figure in Iran’s religious and academic spheres. He embarked on his theological education in Bushehr before moving to Qom to further his studies. 

According to UANI, In 2024, Bushehri urged Iranian women to ‘address issues such as the status of women’s rights in Western societies and the flaws that exist in this area in the West,’ which would prevent the ‘enemy [the West]’ to ‘not even have a chance to challenges us [Iran].’

Iran analyst, Sabti, who was born in Tehran, said, ‘I don’t think that Israel and the U.S. should allow them to choose the next leader.’ He compared the successor system to Hamas when Israel eliminates a Hamas terrorist leader, and he is swiftly replaced with a new leader. 

‘There is a need to ‘prevent the next leader from being chosen,’ he said. ‘Maybe we can eliminate the next one even before he is chosen.’ 

He said it is important to ‘break the system’ to prevent the continuation of terrorism. ‘It is bad for Arab countries and Israel if the regime remains the same’ in Iran.  

Sabti said the regime can continue to build its illicit nuclear weapons program, ballistic missiles and sponsor terrorism, adding it is better to dissolve the regime and ‘bring in a new system. 

He concluded that regime change requires ‘talking to the people,’ and, ‘maybe it is time for them to come out and make the good revolution.’ 

Related Article

Iran
Iran’s Supreme Leader Ali Khamenei dead after IDF strike hits Tehran compound, Israeli source confirms
This post appeared first on FOX NEWS

71.8 g/t Au over 31.95 m and 76.6 g/t Au over 16.00 m at Iceberg 51.3 g/t Au over 3.40 m and 11.8 g/t Au over 9.95 m at Keats

New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (‘New Found Gold’ or the ‘Company’) is pleased to announce the final results of the Company’s 2025 grade control drill program on its 100%-owned Queensway Gold Project (‘Queensway’ or the ‘Project’) in Newfoundland and Labrador, Canada, including results from the Keats zone (‘Keats’) and Iceberg zone (‘Iceberg’) excavations in the AFZ Core (‘AFZC’), completed as part of the Company’s 2025 drill program.

Iceberg excavation highlights include:

  • 71.8 g/t Au over 31.95 m from 37.80 m (NFGC-25-GC-069)[1]
  • 76.6 g/t Au over 16.00 m from 51.45 m (NFGC-25-GC-055)
  • 44.4 g/t Au over 21.55 m from 13.40 m (NFGC-25-GC-072)
  • 35.4 g/t Au over 21.20 m from 34.95 m (NFGC-25-GC-061)
  • 31.6 g/t Au over 18.65 m from 3.60 m (NFGC-25-GC-106)
  • 40.6 g/t Au over 12.70 m from 40.35 m (NFGC-25-GC-118)
  • 41.1 g/t Au over 11.40 m from 40.40 m (NFGC-25-GC-079)
  • 55.4 g/t Au over 8.30 m from 21.75 m (NFGC-25-GC-107)
  • 43.2 g/t Au over 19.85 m from 16.80 m (NFGC-25-GC-082)

 

Keats excavation highlights include:

  • 51.3 g/t Au over 3.40 m from 54.60 m (NFGC-25-GC-115)
  • 11.8 g/t Au over 9.95 m from 13.20 m (NFGC-25-GC-065)
  • 9.73 g/t Au over 11.30 m from 9.75 m (NFGC-25-GC-063)
  • 15.9 g/t Au over 5.85 m from 4.90 m (NFGC-25-GC-115)
  • 40.3 g/t Au over 2.25 m from 23.95 m (NFGC-25-GC-068)
  • 16.9 g/t Au over 3.90 m from 1.00 m (NFGC-25-GC-071)

 

Melissa Render, President of New Found Gold stated: ‘These final results from our highly successful 2025 grade control drill program at the Keats and Iceberg excavations continue to deliver consistently high gold grades over broad widths, returning some of the best intercepts we have drilled to date at Queensway. We continue to systematically de-risk Queensway, as demonstrated by the continuity of high-grade gold mineralization in these at-surface zones targeted for early open pit mining in our 2025 PEA Phase 1 mine plan.’

Work Summary

The results presented in this release include the final 907 m of drilling in 32 diamond drill holes (‘DDH‘) from the Keats excavation (‘KEGCDP‘) and the entirety of the 2,390 m of drilling in 40 DDH from the Iceberg excavation (‘IEGCDP‘) 2025 grade control drill program (Figures 1 to 4). The KEGCDP and IEGCDP were designed to improve confidence in the distribution of high-grade, near- to at-surface gold mineralization and support mine planning as outlined in the 2025 Preliminary Economic Assessment (‘PEA‘) Phase 1 open pits (see the New Found Gold press release dated July 21 2025). Drill highlights, along with detailed results for these 72 DDH, are provided in Tables 1 to 3 below.

The full KEGCDP comprises 2,773 m in 84 DDH; for the previously reported KEGCDP results see the New Found Gold press releases dated December 1, 2025 and February 2, 2026 and highlights below. The full IEGCDP comprises 2,390 m of drilling in 40 DDH and all results are reported in this press release.

The KEGCDP tested a volume that is approximately 65 m long by 30 m deep by 40 m wide and the IEGCDP a volume that is approximately 60 m long by 35 m deep by 40 m wide with a drill spacing of 5 m by 5 m and includes the near- to at-surface high-grade portions of Keats and Iceberg that were exposed as part of the Company’s excavation programs (see the New Found Gold press releases dated September 23, 2024, December 2, 2024, September 25, 2025, December 1, 2025 and February 2, 2026).

Results released to date correlate well with the initial mineral resource estimate (‘MRE‘) block model and indicate strong continuity of -high grade mineralized shoots at both Keats and Iceberg, providing improved definition of their geometry, with most intervals occurring at or within a few meters of surface. The detailed geostatistical data from this phase of work will further validate the resource models, specifically by increasing confidence in grade-capping and influence-limiting parameters applied to high-grade intersections in advance of a MRE update and subsequent mine planning.

The Keats and Iceberg zones are hosted within the Keats-Baseline Fault Zone (‘KBFZ‘), a high-grade gold-bearing structure that has been defined over a current strike length of 1.9 kilometres (‘km‘). This corridor consists of a broad mineralized fault zone with limited deep drill testing to date. Drilling completed in 2024 confirms that the system extends to vertical depths of up to 1.1 km (see the New Found Gold press releases dated July 11, 2024, October 31, 2024, and April 29, 2025).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_001.jpg

Figure 1:
 Plan view map of the AFZC with location of Keats and Iceberg excavation grade control drill programs.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_001full.jpg

  • Iceberg excavation grade control drill program (this press release):
    • 71.8 g/t Au over 31.95 m from 37.80 m (NFGC-25-GC-069)
    • 76.6 g/t Au over 16.00 m from 51.45 m (NFGC-25-GC-055)
    • 44.4 g/t Au over 21.55 m from 13.40 m (NFGC-25-GC-072)
    • 35.4 g/t Au over 21.20 m from 34.95 m (NFGC-25-GC-061)
    • 31.6 g/t Au over 18.65 m from 3.60 m (NFGC-25-GC-106)
    • 40.6 g/t Au over 12.70 m from 40.35 m (NFGC-25-GC-118)
    • 41.1 g/t Au over 11.40 m from 40.40 m (NFGC-25-GC-079)
    • 55.4 g/t Au over 8.30 m from 21.75 m (NFGC-25-GC-107)
    • 43.2 g/t Au over 19.85 m from 16.80 m (NFGC-25-GC-082)
    • 22.6 g/t Au over 17.55 m from 50.45 m (NFGC-25-GC-050)
    • 30.4 g/t Au over 12.90 m from 8.00 m (NFGC-25-GC-112)
    • 11.9 g/t Au over 27.55 m from 27.65 m (NFGC-25-GC-097)
    • 27.3 g/t Au over 11.70 m from 48.90 m (NFGC-25-GC-084)
    • 27.8 g/t Au over 11.45 m from 38.85 m (NFGC-25-GC-067)
    • 120 g/t Au over 2.60 m from 17.15 m (NFGC-25-GC-109)
    • 11.6 g/t Au over 26.15 m from 31.30 m (NFGC-25-GC-058)
    • 30.9 g/t Au over 9.00 m from 32.30 m (NFGC-25-GC-064)
    • 28.1 g/t Au over 9.15 m from 45.15 m (NFGC-25-GC-048)
    • 18.4 g/t Au over 12.85 m from 38.45 m (NFGC-25-GC-076)
    • 26.7 g/t Au over 8.05 m from 16.45 m (NFGC-25-GC-119)
    • 7.56 g/t Au over 23.85 m from 48.15 m (NFGC-25-GC-052)
    • 6.77 g/t Au over 20.05 m from 54.70 m (NFGC-25-GC-046)
    • 12.0 g/t Au over 11.05 m from 33.30 m (NFGC-25-GC-059)
    • 8.55 g/t Au over 15.40 m from 25.40 m (NFGC-25-GC-109)
    • 12.8 g/t Au over 10.10 m from 28.80 m (NFGC-25-GC-113)
    • 13.0 g/t Au over 9.90 m from 13.45 m (NFGC-25-GC-122)
    • 8.26 g/t Au over 12.55 m from 63.00 m (NFGC-25-GC-087)
    • 11.1 g/t Au over 9.05 m from 14.40 m (NFGC-25-GC-123)
    • 16.9 g/t Au over 4.15 m from 29.60 m (NFGC-25-GC-121)
    • 5.17 g/t Au over 12.40 m from 17.00 m (NFGC-25-GC-124)
    • 6.70 g/t Au over 9.20 m from 42.80 m (NFGC-25-GC-087)
    • 8.38 g/t Au over 6.85 m from 15.35 m (NFGC-25-GC-074)
    • 15.5 g/t Au over 3.65 m from 71.95 m (NFGC-25-GC-043)
    • 3.88 g/t Au over 13.10 m from 31.15 m (NFGC-25-GC-074)
    • 17.5 g/t Au over 2.80 m from 40.95 m (NFGC-25-GC-084)
    • 20.1 g/t Au over 2.35 m from 69.80 m (NFGC-25-GC-085)
    • 18.0 g/t Au over 2.30 m from 41.80 m (NFGC-25-GC-085)
    • 15.0 g/t Au over 2.70 m from 23.75 m (NFGC-25-GC-058)
    • 19.7 g/t Au over 2.05 m from 4.35 m (NFGC-25-GC-122)
    • 13.3 g/t Au over 2.85 m from 69.15 m (NFGC-25-GC-048)
    • 14.3 g/t Au over 2.60 m from 12.60 m (NFGC-25-GC-107)
    • 11.9 g/t Au over 2.80 m from 65.20 m (NFGC-25-GC-079)
    • 2.21 g/t Au over 11.55 m from 14.10 m (NFGC-25-GC-079)
    • 11.7 g/t Au over 2.20 m from 57.35 m (NFGC-25-GC-079)
  • Keats excavation grade control drill program (this press release):
    • 51.3 g/t Au over 3.40 m from 54.60 m (NFGC-25-GC-115)
    • 11.8 g/t Au over 9.95 m from 13.20 m (NFGC-25-GC-065)
    • 9.73 g/t Au over 11.30 m from 9.75 m (NFGC-25-GC-063)
    • 15.9 g/t Au over 5.85 m from 4.90 m (NFGC-25-GC-115)
    • 40.3 g/t Au over 2.25 m from 23.95 m (NFGC-25-GC-068)
    • 16.9 g/t Au over 3.90 m from 1.00 m (NFGC-25-GC-071)
    • 4.22 g/t Au over 10.35 m from 5.65 m (NFGC-25-GC-066)
    • 2.56 g/t Au over 15.95 m from 0.00 m (NFGC-25-GC-100)
    • 14.5 g/t Au over 2.45 m from 10.00 m (NFGC-25-GC-096)
    • 1.41 g/t Au over 20.25 m from 20.45 m (NFGC-25-GC-102)
    • 1.73 g/t Au over 15.45 m from 4.20 m (NFGC-25-GC-062)
    • 2.37 g/t Au over 10.60 m from 23.70 m (NFGC-25-GC-111)

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_002.jpg

Figure 2: 
Keats and Iceberg excavations with grade control drill hole highlights.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_003.jpg

Figure 3: 
Keats longitudinal section view of grade control drill hole traces (looking northwest, +/- 12.5 m).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_003full.jpg

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_004.jpg

      Figure 4: 
      Iceberg longitudinal section view of grade control drill hole traces (looking northwest, +/- 12.5 m).

      To view an enhanced version of this graphic, please visit:
      https://images.newsfilecorp.com/files/7337/285803_de2d97bbf46729b2_004full.jpg

      Looking Ahead

      The 2025 Queensway drill program included 74,377 m of drilling in 614 DDH, with approximately 75% of the drilling focused on the AFZC to support advancement of the Phase 1 mine plan as outlined in the PEA and 25% focused on exploration targets such as the Dropkick zone (‘Dropkick‘). To date, approximately 45% of the results from 2025 drilling remain outstanding, in addition to channel sampling results from the Lotto excavation. These results will be reported once available.

      The 2026 Queensway drill program is underway, with four drill rigs currently active (see the New Found Gold press release dated January 21, 2026). Initial 2026 infill drilling is planned to first target PEA Phase 2 open pit resource conversion, transitioning later in the year to PEA Phase 3 underground resource conversion.

      The Company plans to expand its grade control drilling beginning in Q2/26. The next phase of work will leverage results from the 2025 program to optimize drill hole spacing and program scope. This will include completing grade-control drilling at the Iceberg excavation, commencing grade-control drilling at the Lotto excavation and potentially expanding the grade-control drilling at the Keats and Iceberg excavations. The objective of this work is to improve confidence in the distribution of gold mineralization and support mine planning as outlined for the PEA Phase 1 open pits.

      Exploration drilling will focus on AFZC resource expansion including an initial grid-based program targeting the prospective corridor adjacent to the AFZ at Bullseye, continued step-outs at Dropkick, located 11 km north of the AFZC, and targeted segments of the AFZ at AFZ Peripheral. A regional drilling program testing advanced targets at Queensway South is in the planning phase and expected to commence in H2/26.

      The Company plans to file an updated Technical Report for Queensway, which will include an updated mineral resource estimate, in Q3/26

      Table 1: Drill Result Highlights.

      KEATS MAIN EXCAVATION
      Hole No. From (m) To (m) Interval (m) Au (g/t) True Width (%) Zone
      NFGC-25-GC-062 4.20 19.65 15.45 1.73 70-95 Keats Excavation
      NFGC-25-GC-063 9.75 21.05 11.30 9.73 70-95 Keats Excavation
      Including 14.50 15.50 1.00 92.27 70-95
      NFGC-25-GC-065 13.20 23.15 9.95 11.81 55-85 Keats Excavation
      Including 13.20 14.10 0.90 111.64 55-85
      NFGC-25-GC-066 5.65 16.00 10.35 4.22 70-95 Keats Excavation
      Including 5.65 6.20 0.55 23.75 70-95
      Including 10.10 11.10 1.00 24.78 70-95
      NFGC-25-GC-068 23.95 26.20 2.25 40.34 70-95 Keats Excavation
      Including 24.40 24.80 0.40 167.68 70-95
      Including 25.20 25.50 0.30 70.49 70-95
      NFGC-25-GC-071 1.00 4.90 3.90 16.91 35-65 Keats Excavation
      Including 1.85 3.40 1.55 38.19 35-65
      NFGC-25-GC-096 10.00 12.45 2.45 14.45 65-95 Keats Excavation
      Including 11.40 11.75 0.35 91.40 65-95
      NFGC-25-GC-100 0.00 15.95 15.95 2.56 70-95 Keats Excavation
      Including 9.40 9.85 0.45 20.86 70-95
      NFGC-25-GC-102 20.45 40.70 20.25 1.41 30-60 Keats Excavation
      Including 29.65 30.30 0.65 14.98 30-60
      NFGC-25-GC-111 23.70 34.30 10.60 2.37 65-95 Keats Excavation
      Including 29.40 30.15 0.75 11.27 65-95
      NFGC-25-GC-115 4.90 10.75 5.85 15.85 60-90 Keats Excavation
      Including 4.90 5.35 0.45 199.16 60-90
      And 54.60 58.00 3.40 51.30 70-95
      Including 54.60 55.20 0.60 31.18 70-95
      Including 55.55 56.10 0.55 278.07 70-95
       
      ICEBERG EXCAVATION
      Hole No. From (m) To (m) Interval (m)* Au (g/t) True Width (%) Zone
      NFGC-25-GC-043 71.95 75.60 3.65 15.51 25-55 Iceberg Excavation
      Including 73.85 75.60 1.75 28.81 25-55
      NFGC-25-GC-046 54.70 74.75 20.05 6.77 40-70 Iceberg Excavation
      Including 72.50 73.30 0.80 87.06 40-70
      Including 74.00 74.75 0.75 44.69 40-70
      NFGC-25-GC-048 45.15 54.30 9.15 28.07 70-95 Iceberg Excavation
      Including 50.70 53.20 2.50 97.72 70-95
      And 69.15 72.00 2.85 13.31 70-95
      Including 69.15 70.00 0.85 11.37 70-95
      Including 71.00 72.00 1.00 20.37 70-95
      NFGC-25-GC-050 50.45 68.00 17.55 22.63 55-85 Iceberg Excavation
      Including 51.20 53.10 1.90 65.51 55-85
      Including 53.60 54.40 0.80 27.50 55-85
      Including 56.80 57.20 0.40 162.33 55-85
      Including 57.80 58.70 0.90 36.99 55-85
      Including 63.90 66.40 2.50 31.79 70-95
      Including 66.80 68.00 1.20 45.11 70-95
      NFGC-25-GC-052 48.15 72.00 23.85 7.56 70-95 Iceberg Excavation
      Including 48.60 49.20 0.60 12.26 70-95
      Including 61.15 63.70 2.55 17.00 70-95
      Including 64.40 65.20 0.80 74.21 70-95
      Including 68.05 69.80 1.75 12.94 70-95
      Including 71.50 72.00 0.50 38.44 70-95
      NFGC-25-GC-055 51.45 67.45 16.00 76.58 70-95 Iceberg Excavation
      Including 51.45 52.85 1.40 12.54 70-95
      Including 55.40 55.70 0.30 63.77 70-95
      Including 61.30 61.90 0.60 49.84 70-95
      Including 63.50 67.45 3.95 288.48 70-95
      And Including 63.50 64.25 0.75 656.59 70-95
      NFGC-25-GC-058 23.75 26.45 2.70 14.99 70-95 Iceberg Excavation
      Including 24.40 25.35 0.95 43.11 70-95
      And 31.30 57.45 26.15 11.62 70-95
      Including 37.75 38.65 0.90 16.38 70-95
      Including 40.35 42.30 1.95 53.55 70-95
      Including 43.15 44.65 1.50 28.64 70-95
      Including 49.80 51.00 1.20 28.67 70-95
      Including 55.85 56.65 0.80 86.44 70-95
      NFGC-25-GC-059 33.30 44.35 11.05 11.97 70-95 Iceberg Excavation
      Including 35.00 35.45 0.45 12.52 70-95
      Including 35.95 37.45 1.50 29.60 70-95
      Including 38.90 39.55 0.65 68.85 70-95
      Including 42.65 43.10 0.45 54.16 50-80
      NFGC-25-GC-061 34.95 56.15 21.20 35.41 70-95 Iceberg Excavation
      Including 37.80 38.25 0.45 65.62 70-95
      Including 42.70 44.00 1.30 77.08 70-95
      Including 45.10 46.15 1.05 67.24 70-95
      Including 48.95 49.75 0.80 76.23 70-95
      Including 50.65 51.35 0.70 107.85 60-90
      Including 52.35 55.60 3.25 118.45 60-90
      NFGC-25-GC-064 32.30 41.30 9.00 30.85 70-95 Iceberg Excavation
      Including 32.30 32.75 0.45 61.96 70-95
      Including 33.30 34.10 0.80 223.22 70-95
      Including 38.90 40.45 1.55 30.62 70-95
      NFGC-25-GC-067 38.85 50.30 11.45 27.84 70-95 Iceberg Excavation
      Including 39.85 40.80 0.95 16.17 70-95
      Including 41.60 42.85 1.25 38.25 70-95
      Including 45.20 46.55 1.35 125.72 70-95
      Including 49.70 50.30 0.60 119.07 70-95
      NFGC-25-GC-069 37.80 69.75 31.95 71.81 70-95 Iceberg Excavation
      Including 39.10 42.65 3.55 80.55 70-95
      Including 47.95 48.90 0.95 28.97 70-95
      Including 51.35 53.45 2.10 154.03 70-95
      And Including 51.35 51.90 0.55 512.64 70-95
      Including 56.80 57.40 0.60 50.45 70-95
      Including 59.45 60.20 0.75 90.53 70-95
      Including 63.15 69.75 6.60 230.17 70-95
      And Including 66.20 67.80 1.60 595.58 70-95
      NFGC-25-GC-072 13.40 34.95 21.55 44.44 70-95 Iceberg Excavation
      Including 13.40 14.10 0.70 75.07 65-95
      Including 22.60 23.10 0.50 116.62 70-95
      Including 24.20 25.85 1.65 22.27 70-95
      Including 27.70 28.50 0.80 14.00 70-95
      Including 29.35 31.40 2.05 215.32 70-95
      Including 32.35 32.90 0.55 632.87 55-85
      NFGC-25-GC-074 15.35 22.20 6.85 8.38 70-95 Iceberg Excavation
      Including 15.35 16.00 0.65 16.06 70-95
      Including 16.70 17.90 1.20 30.26 70-95
      And 31.15 44.25 13.10 3.88 70-95
      Including 35.60 37.10 1.50 22.24 70-95
      NFGC-25-GC-076 38.45 51.30 12.85 18.43 70-95 Iceberg Excavation
      Including 39.30 39.75 0.45 10.23 70-95
      Including 48.40 48.85 0.45 81.00 40-70
      Including 50.50 51.30 0.80 199.19 40-70
      NFGC-25-GC-079 14.10 25.65 11.55 2.21 70-95 Iceberg Excavation
      Including 25.35 25.65 0.30 61.54 70-95
      And 40.40 51.80 11.40 41.12 70-95
      Including 40.40 40.70 0.30 10.76 70-95
      Including 41.35 42.35 1.00 37.25 70-95
      Including 43.00 43.70 0.70 14.36 70-95
      Including 47.90 48.40 0.50 629.44 70-95
      Including 48.70 50.30 1.60 55.71 50-80
      And 57.35 59.55 2.20 11.74 50-80
      Including 57.90 59.55 1.65 15.56 50-80
      And 65.20 68.00 2.80 11.87 25-55
      Including 65.20 66.80 1.60 18.64 25-55
      NFGC-25-GC-082 16.80 36.65 19.85 43.18 65-95 Iceberg Excavation
      Including 17.50 19.40 1.90 221.81 65-95
      Including 24.65 25.00 0.35 14.10 70-95
      Including 31.00 34.00 3.00 122.53 70-95
      Including 34.55 35.20 0.65 35.33 70-95
      NFGC-25-GC-084 40.95 43.75 2.80 17.51 70-95 Iceberg Excavation
      Including 41.40 43.00 1.60 27.24 70-95
      And 48.90 60.60 11.70 27.31 70-95
      Including 48.90 51.65 2.75 77.18 70-95
      Including 57.90 60.60 2.70 38.29 60-90
      NFGC-25-GC-085 41.80 44.10 2.30 17.99 65-95 Iceberg Excavation
      Including 42.55 42.90 0.35 114.28 65-95
      And 69.80 72.15 2.35 20.05 70-95
      Including 70.80 71.50 0.70 65.13 70-95
      NFGC-25-GC-087 42.80 52.00 9.20 6.70 70-95 Iceberg Excavation
      Including 50.90 51.25 0.35 138.45 70-95
      And 63.00 75.55 12.55 8.26 70-95
      Including 63.80 65.20 1.40 19.78 70-95
      Including 66.05 67.75 1.70 36.86 70-95
      NFGC-25-GC-097 27.65 55.20 27.55 11.88 70-95 Iceberg Excavation
      Including 31.35 33.90 2.55 27.91 70-95
      Including 34.45 35.95 1.50 36.04 70-95
      Including 43.40 43.80 0.40 20.09 70-95
      Including 54.75 55.20 0.45 321.59 70-95
      NFGC-25-GC-101 40.00 53.90 13.90 1.53 70-95 Iceberg Excavation
      Including 41.15 41.55 0.40 12.16 70-95
      NFGC-25-GC-106 3.60 22.25 18.65 31.61 70-95 Iceberg Excavation
      Including 3.60 4.55 0.95 239.28 60-90
      Including 10.25 10.90 0.65 15.83 70-95
      Including 14.30 15.05 0.75 44.82 70-95
      Including 17.60 22.25 4.65 65.59 70-95
      NFGC-25-GC-107 12.60 15.20 2.60 14.30 70-95 Iceberg Excavation
      Including 12.60 14.35 1.75 17.81 70-95
      And 21.75 30.05 8.30 55.43 70-95
      Including 21.75 22.60 0.85 53.65 70-95
      Including 23.60 24.15 0.55 141.09 70-95
      Including 24.45 24.90 0.45 750.76 70-95
      NFGC-25-GC-109 17.15 19.75 2.60 120.13 70-95 Iceberg Excavation
      Including 17.80 18.95 1.15 304.86 70-95
      And 25.40 40.80 15.40 8.55 70-95
      Including 25.40 25.75 0.35 22.77 70-95
      Including 27.45 28.00 0.55 13.75 70-95
      Including 31.35 32.30 0.95 88.66 70-95
      NFGC-25-GC-112 8.00 20.90 12.90 30.43 65-95 Iceberg Excavation
      Including 8.00 10.55 2.55 18.90 70-95
      Including 15.60 16.10 0.50 27.20 65-95
      Including 16.40 17.90 1.50 118.75 65-95
      Including 19.40 20.50 1.10 133.35 65-95
      NFGC-25-GC-113 28.80 38.90 10.10 12.82 70-95 Iceberg Excavation
      Including 28.80 29.30 0.50 18.48 70-95
      Including 30.25 31.30 1.05 25.09 70-95
      Including 31.80 32.70 0.90 83.17 70-95
      NFGC-25-GC-118 40.35 53.05 12.70 40.56 40-70 Iceberg Excavation
      Including 50.35 53.05 2.70 186.54 40-70
      And Including 52.55 53.05 0.50 807.23 40-70
      NFGC-25-GC-119 16.45 24.50 8.05 26.71 70-95 Iceberg Excavation
      Including 17.90 19.90 2.00 97.22 70-95
      Including 20.90 21.80 0.90 12.15 70-95
      NFGC-25-GC-121 29.60 33.75 4.15 16.92 70-95 Iceberg Excavation
      Including 32.35 33.25 0.90 74.82 70-95
      NFGC-25-GC-122 4.35 6.40 2.05 19.72 70-95 Iceberg Excavation
      Including 4.70 6.40 1.70 23.64 70-95
      And 13.45 23.35 9.90 12.98 60-90
      Including 14.40 17.20 2.80 34.57 60-90
      Including 18.00 18.50 0.50 32.38 60-90
      NFGC-25-GC-123 14.40 23.45 9.05 11.06 70-95 Iceberg Excavation
      Including 17.60 19.20 1.60 52.51 70-95
      NFGC-25-GC-124 17.00 29.40 12.40 5.17 70-95 Iceberg Excavation
      Including 18.80 20.30 1.50 30.32 70-95

       

      Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness. Details of all drill holes reported in this press release are included in Table 2 and Table 3 below.

      Table 2: Summary of composite drill hole results reported in this press release for Keats and Iceberg.

      KEATS MAIN EXCAVATION
      Hole No. From (m) To (m) Interval (m) Au (g/t) True Width (%) Zone
      NFGC-25-GC-056 2.65 6.15 3.50 4.41 70-95 Keats Excavation
      Including 2.65 3.30 0.65 17.64 70-95
      NFGC-25-GC-060 No Significant Values Keats Excavation
      NFGC-25-GC-062 4.20 19.65 15.45 1.73 70-95 Keats Excavation
      NFGC-25-GC-063 9.75 21.05 11.30 9.73 70-95 Keats Excavation
      Including 14.50 15.50 1.00 92.27 70-95
      NFGC-25-GC-065 13.20 23.15 9.95 11.81 55-85 Keats Excavation
      Including 13.20 14.10 0.90 111.64 55-85
      NFGC-25-GC-066 5.65 16.00 10.35 4.22 70-95 Keats Excavation
      Including 5.65 6.20 0.55 23.75 70-95
      Including 10.10 11.10 1.00 24.78 70-95
      NFGC-25-GC-068 23.95 26.20 2.25 40.34 70-95 Keats Excavation
      Including 24.40 24.80 0.40 167.68 70-95
      Including 25.20 25.50 0.30 70.49 70-95
      NFGC-25-GC-070 No Significant Values Keats Excavation
      NFGC-25-GC-071 1.00 4.90 3.90 16.91 35-65 Keats Excavation
      Including 1.85 3.40 1.55 38.19 35-65
      And 10.65 13.55 2.90 1.42 35-65
      NFGC-25-GC-073 1.70 7.05 5.35 3.47 65-95 Keats Excavation
      Including 4.85 5.30 0.45 29.03 65-95
      NFGC-25-GC-075 0.25 3.00 2.75 2.31 70-95 Keats Excavation
      NFGC-25-GC-078 7.95 14.15 6.20 3.82 70-95 Keats Excavation
      Including 9.85 10.45 0.60 11.66 70-95
      NFGC-25-GC-080 0.00 2.25 2.25 1.65 70-95 Keats Excavation
      And 7.10 9.40 2.30 1.69 70-95
      And 17.60 23.05 5.45 3.72 70-95
      NFGC-25-GC-081 1.90 4.65 2.75 8.37 45-75 Keats Excavation
      Including 2.90 3.90 1.00 19.70 45-75
      And 14.45 19.85 5.40 3.86 70-95
      Including 19.40 19.85 0.45 13.57 70-95
      NFGC-25-GC-083 48.70 51.30 2.60 1.04 70-95 Keats Excavation
      NFGC-25-GC-086 15.60 19.00 3.40 1.01 15-45 Keats Excavation
      And 26.15 34.85 8.70 1.28 70-95
      NFGC-25-GC-088 No Significant Values Keats Excavation
      NFGC-25-GC-089 No Significant Values Keats Excavation
      NFGC-25-GC-091 No Significant Values Keats Excavation
      NFGC-25-GC-092 0.00 2.20 2.20 1.97 65-95 Keats Excavation
      NFGC-25-GC-094 11.90 15.30 3.40 2.73 65-95 Keats Excavation
      Including 12.90 13.35 0.45 12.88 65-95
      NFGC-25-GC-095 31.20 34.00 2.80 1.54 70-95 Keats Excavation
      And 37.00 39.15 2.15 4.87 70-95
      Including 38.15 38.60 0.45 18.78 70-95
      NFGC-25-GC-096 10.00 12.45 2.45 14.45 65-95 Keats Excavation
      Including 11.40 11.75 0.35 91.40 65-95
      NFGC-25-GC-098 18.40 28.00 9.60 2.35 60-90 Keats Excavation
      Including 26.40 27.10 0.70 12.97 60-90
      And 32.60 41.10 8.50 2.02 60-90
      Including 33.60 34.00 0.40 11.28 60-90
      NFGC-25-GC-100 0.00 15.95 15.95 2.56 70-95 Keats Excavation
      Including 9.40 9.85 0.45 20.86 70-95
      NFGC-25-GC-102 20.45 40.70 20.25 1.41 30-60 Keats Excavation
      Including 29.65 30.30 0.65 14.98 30-60
      NFGC-25-GC-103 1.25 10.85 9.60 2.17 70-95 Keats Excavation
      Including 10.15 10.85 0.70 11.95 70-95
      And 14.15 16.75 2.60 1.11 70-95
      And 25.40 28.05 2.65 1.04 70-95
      NFGC-25-GC-105 0.00 2.30 2.30 3.85 Unknown Keats Excavation
      Including 0.00 0.40 0.40 21.96 Unknown
      And 16.15 18.50 2.35 1.50 70-95
      NFGC-25-GC-108 8.15 14.25 6.10 1.72 70-95 Keats Excavation
      NFGC-25-GC-110 No Significant Values Keats Excavation
      NFGC-25-GC-111 23.70 34.30 10.60 2.37 65-95 Keats Excavation
      Including 29.40 30.15 0.75 11.27 65-95
      And 37.80 40.70 2.90 6.29 50-80
      Including 40.25 40.70 0.45 32.18 50-80
      NFGC-25-GC-115 4.90 10.75 5.85 15.85 60-90 Keats Excavation
      Including 4.90 5.35 0.45 199.16 60-90
      And 42.60 45.35 2.75 1.55 70-95
      And 54.60 58.00 3.40 51.30 70-95
      Including 54.60 55.20 0.60 31.18 70-95
      Including 55.55 56.10 0.55 278.07 70-95
       
      ICEBERG EXCAVATION
      Hole No. From (m) To (m) Interval (m) Au (g/t) True Width (%) Zone
      NFGC-25-GC-043 58.70 62.60 3.90 2.44 55-85 Iceberg Excavation
      And 71.95 75.60 3.65 15.51 25-55
      Including 73.85 75.60 1.75 28.81 25-55
      NFGC-25-GC-046 54.70 74.75 20.05 6.77 40-70 Iceberg Excavation
      Including 72.50 73.30 0.80 87.06 40-70
      Including 74.00 74.75 0.75 44.69 40-70
      NFGC-25-GC-048 19.50 21.55 2.05 1.39 70-95 Iceberg Excavation
      And 24.00 26.55 2.55 1.06 70-95
      And 45.15 54.30 9.15 28.07 70-95
      Including 50.70 53.20 2.50 97.72 70-95
      And 58.70 61.00 2.30 1.07 70-95
      And 69.15 72.00 2.85 13.31 70-95
      Including 69.15 70.00 0.85 11.37 70-95
      Including 71.00 72.00 1.00 20.37 70-95
      And 78.00 80.00 2.00 1.15 70-95
      NFGC-25-GC-050 40.00 46.35 6.35 1.54 70-95 Iceberg Excavation
      And 50.45 68.00 17.55 22.63 55-85
      Including 51.20 53.10 1.90 65.51 55-85
      Including 53.60 54.40 0.80 27.50 55-85
      Including 56.80 57.20 0.40 162.33 55-85
      Including 57.80 58.70 0.90 36.99 55-85
      Including 63.90 66.40 2.50 31.79 70-95
      Including 66.80 68.00 1.20 45.11 70-95
      NFGC-25-GC-052 36.80 42.75 5.95 1.60 70-95 Iceberg Excavation
      And 48.15 72.00 23.85 7.56 70-95
      Including 48.60 49.20 0.60 12.26 70-95
      Including 61.15 63.70 2.55 17.00 70-95
      Including 64.40 65.20 0.80 74.21 70-95
      Including 68.05 69.80 1.75 12.94 70-95
      Including 71.50 72.00 0.50 38.44 70-95
      NFGC-25-GC-055 39.50 47.40 7.90 3.35 70-95 Iceberg Excavation
      Including 46.20 47.10 0.90 18.55 70-95
      And 51.45 67.45 16.00 76.58 70-95
      Including 51.45 52.85 1.40 12.54 70-95
      Including 55.40 55.70 0.30 63.77 70-95
      Including 61.30 61.90 0.60 49.84 70-95
      Including 63.50 67.45 3.95 288.48 70-95
      And Including 63.50 64.25 0.75 656.59 70-95
      NFGC-25-GC-058 23.75 26.45 2.70 14.99 70-95 Iceberg Excavation
      Including 24.40 25.35 0.95 43.11 70-95
      And 31.30 57.45 26.15 11.62 70-95
      Including 37.75 38.65 0.90 16.38 70-95
      Including 40.35 42.30 1.95 53.55 70-95
      Including 43.15 44.65 1.50 28.64 70-95
      Including 49.80 51.00 1.20 28.67 70-95
      Including 55.85 56.65 0.80 86.44 70-95
      NFGC-25-GC-059 18.70 26.10 7.40 1.96 70-95 Iceberg Excavation
      And 33.30 44.35 11.05 11.97 70-95
      Including 35.00 35.45 0.45 12.52 70-95
      Including 35.95 37.45 1.50 29.60 70-95
      Including 38.90 39.55 0.65 68.85 70-95
      Including 42.65 43.10 0.45 54.16 50-80
      NFGC-25-GC-061 34.95 56.15 21.20 35.41 70-95 Iceberg Excavation
      Including 37.80 38.25 0.45 65.62 70-95
      Including 42.70 44.00 1.30 77.08 70-95
      Including 45.10 46.15 1.05 67.24 70-95
      Including 48.95 49.75 0.80 76.23 70-95
      Including 50.65 51.35 0.70 107.85 60-90
      Including 52.35 55.60 3.25 118.45 60-90
      NFGC-25-GC-064 20.00 22.20 2.20 1.25 70-95 Iceberg Excavation
      And 32.30 41.30 9.00 30.85 70-95
      Including 32.30 32.75 0.45 61.96 70-95
      Including 33.30 34.10 0.80 223.22 70-95
      Including 38.90 40.45 1.55 30.62 70-95
      NFGC-25-GC-067 18.25 21.45 3.20 1.26 70-95 Iceberg Excavation
      And 38.85 50.30 11.45 27.84 70-95
      Including 39.85 40.80 0.95 16.17 70-95
      Including 41.60 42.85 1.25 38.25 70-95
      Including 45.20 46.55 1.35 125.72 70-95
      Including 49.70 50.30 0.60 119.07 70-95
      NFGC-25-GC-069 37.80 69.75 31.95 71.81 70-95 Iceberg Excavation
      Including 39.10 42.65 3.55 80.55 70-95
      Including 47.95 48.90 0.95 28.97 70-95
      Including 51.35 53.45 2.10 154.03 70-95
      And Including 51.35 51.90 0.55 512.64 70-95
      Including 56.80 57.40 0.60 50.45 70-95
      Including 59.45 60.20 0.75 90.53 70-95
      Including 63.15 69.75 6.60 230.17 70-95
      And Including 66.20 67.80 1.60 595.58 70-95
      And 79.00 81.15 2.15 2.69 Unknown
      Including 80.65 81.15 0.50 10.78 Unknown
      NFGC-25-GC-072 13.40 34.95 21.55 44.44 70-95 Iceberg Excavation
      Including 13.40 14.10 0.70 75.07 65-95
      Including 22.60 23.10 0.50 116.62 70-95
      Including 24.20 25.85 1.65 22.27 70-95
      Including 27.70 28.50 0.80 14.00 70-95
      Including 29.35 31.40 2.05 215.32 70-95
      Including 32.35 32.90 0.55 632.87 55-85
      NFGC-25-GC-074 15.35 22.20 6.85 8.38 70-95 Iceberg Excavation
      Including 15.35 16.00 0.65 16.06 70-95
      Including 16.70 17.90 1.20 30.26 70-95
      And 31.15 44.25 13.10 3.88 70-95
      Including 35.60 37.10 1.50 22.24 70-95
      NFGC-25-GC-076 19.85 26.20 6.35 1.01 70-95 Iceberg Excavation
      And 38.45 51.30 12.85 18.43 70-95
      Including 39.30 39.75 0.45 10.23 70-95
      Including 48.40 48.85 0.45 81.00 40-70
      Including 50.50 51.30 0.80 199.19 40-70
      NFGC-25-GC-079 14.10 25.65 11.55 2.21 70-95 Iceberg Excavation
      Including 25.35 25.65 0.30 61.54 70-95
      And 40.40 51.80 11.40 41.12 70-95
      Including 40.40 40.70 0.30 10.76 70-95
      Including 41.35 42.35 1.00 37.25 70-95
      Including 43.00 43.70 0.70 14.36 70-95
      Including 47.90 48.40 0.50 629.44 70-95
      Including 48.70 50.30 1.60 55.71 50-80
      And 57.35 59.55 2.20 11.74 50-80
      Including 57.90 59.55 1.65 15.56 50-80
      And 65.20 68.00 2.80 11.87 25-55
      Including 65.20 66.80 1.60 18.64 25-55
      NFGC-25-GC-082 16.80 36.65 19.85 43.18 65-95 Iceberg Excavation
      Including 17.50 19.40 1.90 221.81 65-95
      Including 24.65 25.00 0.35 14.10 70-95
      Including 31.00 34.00 3.00 122.53 70-95
      Including 34.55 35.20 0.65 35.33 70-95
      NFGC-25-GC-084 16.80 19.75 2.95 5.23 70-95 Iceberg Excavation
      And 40.95 43.75 2.80 17.51 70-95
      Including 41.40 43.00 1.60 27.24 70-95
      And 48.90 60.60 11.70 27.31 70-95
      Including 48.90 51.65 2.75 77.18 70-95
      Including 57.90 60.60 2.70 38.29 60-90
      NFGC-25-GC-085 19.30 22.20 2.90 2.63 70-95 Iceberg Excavation
      And 41.80 44.10 2.30 17.99 65-95
      Including 42.55 42.90 0.35 114.28 65-95
      And 57.65 62.60 4.95 8.16 70-95
      Including 62.15 62.60 0.45 51.19 70-95
      And 69.80 72.15 2.35 20.05 70-95
      Including 70.80 71.50 0.70 65.13 70-95
      NFGC-25-GC-087 6.00 8.20 2.20 1.73 Unknown Iceberg Excavation
      And 18.15 20.70 2.55 1.78 70-95
      And 42.80 52.00 9.20 6.70 70-95
      Including 50.90 51.25 0.35 138.45 70-95
      And 63.00 75.55 12.55 8.26 70-95
      Including 63.80 65.20 1.40 19.78 70-95
      Including 66.05 67.75 1.70 36.86 70-95
      NFGC-25-GC-090 58.00 66.55 8.55 2.48 65-95 Iceberg Excavation
      Including 61.50 62.00 0.50 11.23 65-95
      NFGC-25-GC-093 56.35 62.40 6.05 6.74 70-95 Iceberg Excavation
      Including 57.00 58.00 1.00 15.35 70-95
      Including 60.70 61.70 1.00 17.92 70-95
      NFGC-25-GC-097 21.30 24.15 2.85 1.07 70-95 Iceberg Excavation
      And 27.65 55.20 27.55 11.88 70-95
      Including 31.35 33.90 2.55 27.91 70-95
      Including 34.45 35.95 1.50 36.04 70-95
      Including 43.40 43.80 0.40 20.09 70-95
      Including 54.75 55.20 0.45 321.59 70-95
      NFGC-25-GC-099 2.00 4.10 2.10 1.02 Unknown Iceberg Excavation
      And 43.00 45.20 2.20 2.40 70-95
      NFGC-25-GC-101 15.65 20.50 4.85 1.15 70-95 Iceberg Excavation
      And 40.00 53.90 13.90 1.53 70-95
      Including 41.15 41.55 0.40 12.16 70-95
      NFGC-25-GC-104 42.15 44.45 2.30 1.23 70-95 Iceberg Excavation
      NFGC-25-GC-106 3.60 22.25 18.65 31.61 70-95 Iceberg Excavation
      Including 3.60 4.55 0.95 239.28 60-90
      Including 10.25 10.90 0.65 15.83 70-95
      Including 14.30 15.05 0.75 44.82 70-95
      Including 17.60 22.25 4.65 65.59 70-95
      NFGC-25-GC-107 12.60 15.20 2.60 14.30 70-95 Iceberg Excavation
      Including 12.60 14.35 1.75 17.81 70-95
      And 21.75 30.05 8.30 55.43 70-95
      Including 21.75 22.60 0.85 53.65 70-95
      Including 23.60 24.15 0.55 141.09 70-95
      Including 24.45 24.90 0.45 750.76 70-95
      NFGC-25-GC-109 11.00 13.00 2.00 2.31 70-95 Iceberg Excavation
      And 17.15 19.75 2.60 120.13 70-95
      Including 17.80 18.95 1.15 304.86 70-95
      And 25.40 40.80 15.40 8.55 70-95
      Including 25.40 25.75 0.35 22.77 70-95
      Including 27.45 28.00 0.55 13.75 70-95
      Including 31.35 32.30 0.95 88.66 70-95
      NFGC-25-GC-112 0.00 2.35 2.35 1.03 70-95 Iceberg Excavation
      And 8.00 20.90 12.90 30.43 65-95
      Including 8.00 10.55 2.55 18.90 70-95
      Including 15.60 16.10 0.50 27.20 65-95
      Including 16.40 17.90 1.50 118.75 65-95
      Including 19.40 20.50 1.10 133.35 65-95
      NFGC-25-GC-113 28.80 38.90 10.10 12.82 70-95 Iceberg Excavation
      Including 28.80 29.30 0.50 18.48 70-95
      Including 30.25 31.30 1.05 25.09 70-95
      Including 31.80 32.70 0.90 83.17 70-95
      And 44.50 47.15 2.65 8.17 50-80
      Including 46.30 46.60 0.30 56.91 50-80
      NFGC-25-GC-116 8.00 11.70 3.70 1.10 70-95 Iceberg Excavation
      And 28.40 38.30 9.90 3.74 70-95
      Including 28.85 30.05 1.20 23.28 70-95
      NFGC-25-GC-117 24.30 29.50 5.20 5.24 70-95 Iceberg Excavation
      Including 24.30 25.70 1.40 16.38 70-95
      NFGC-25-GC-118 3.75 9.15 5.40 1.16 70-95 Iceberg Excavation
      And 27.40 34.25 6.85 4.43 70-95
      And 40.35 53.05 12.70 40.56 40-70
      Including 50.35 53.05 2.70 186.54 40-70
      And Including 52.55 53.05 0.50 807.23 40-70
      NFGC-25-GC-119 3.40 8.00 4.60 8.81 70-95 Iceberg Excavation
      Including 6.10 8.00 1.90 19.32 70-95
      And 16.45 24.50 8.05 26.71 70-95
      Including 17.90 19.90 2.00 97.22 70-95
      Including 20.90 21.80 0.90 12.15 70-95
      NFGC-25-GC-120 21.70 24.20 2.50 1.09 60-90 Iceberg Excavation
      And 31.00 37.00 6.00 3.08 60-90
      Including 31.00 32.45 1.45 12.53 60-90
      NFGC-25-GC-121 6.35 10.20 3.85 1.35 70-95 Iceberg Excavation
      And 29.60 33.75 4.15 16.92 70-95
      Including 32.35 33.25 0.90 74.82 70-95
      NFGC-25-GC-122 4.35 6.40 2.05 19.72 70-95 Iceberg Excavation
      Including 4.70 6.40 1.70 23.64 70-95
      And 13.45 23.35 9.90 12.98 60-90
      Including 14.40 17.20 2.80 34.57 60-90
      Including 18.00 18.50 0.50 32.38 60-90
      NFGC-25-GC-123 14.40 23.45 9.05 11.06 70-95 Iceberg Excavation
      Including 17.60 19.20 1.60 52.51 70-95
      NFGC-25-GC-124 9.40 11.65 2.25 1.09 70-95 Iceberg Excavation
      And 17.00 29.40 12.40 5.17 70-95
      Including 18.80 20.30 1.50 30.32 70-95

       

      Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

      Table 3 Details of drill holes reported in this press release.

      Hole No. Azimuth (°) Dip (°) Length (m) UTM E UTM N Zone
      NFGC-25-GC-043 300 -45 108 658419 5427780 Iceberg
      NFGC-25-GC-046 300 -45 99 658422 5427785 Iceberg
      NFGC-25-GC-048 300 -45 84 658427 5427793 Iceberg
      NFGC-25-GC-050 300 -45 76 658429 5427797 Iceberg
      NFGC-25-GC-052 300 -45 76 658432 5427802 Iceberg
      NFGC-25-GC-055 299 -45.2 75 658437 5427805 Iceberg
      NFGC-25-GC-056 300 -45 13 658181 5427527 Keats
      NFGC-25-GC-058 300 -45 63 658437 5427810 Iceberg
      NFGC-25-GC-059 299 -45.5 51 658436 5427817 Iceberg
      NFGC-25-GC-060 300 -45 11 658248 5427541 Keats
      NFGC-25-GC-061 300 -45 61 658442 5427814 Iceberg
      NFGC-25-GC-062 298 -45.2 21 658182 5427521 Keats
      NFGC-25-GC-063 299 -45 26 658177 5427512 Keats
      NFGC-25-GC-064 299 -45.5 59 658441 5427819 Iceberg
      NFGC-25-GC-065 299 -45 36 658186 5427516 Keats
      NFGC-25-GC-066 299 -45 21 658171 5427516 Keats
      NFGC-25-GC-067 299 -45.5 67 658449 5427815 Iceberg
      NFGC-25-GC-068 300 -45 34 658228 5427546 Keats
      NFGC-25-GC-069 300 -45 83 658444 5427807 Iceberg
      NFGC-25-GC-070 300 -45 18 658213 5427555 Keats
      NFGC-25-GC-071 300 -45 23 658172 5427521 Keats
      NFGC-25-GC-072 300 -45 42 658434 5427824 Iceberg
      NFGC-25-GC-073 300 -45 15 658166 5427519 Keats
      NFGC-25-GC-074 300 -45 67 658430 5427815 Iceberg
      NFGC-25-GC-075 300 -45 13 658176 5427525 Keats
      NFGC-25-GC-076 300 -45 63 658425 5427806 Iceberg
      NFGC-25-GC-078 300 -45 21 658179 5427516 Keats
      NFGC-25-GC-079 299 -45 84 658426 5427806 Iceberg
      NFGC-25-GC-080 300 -45 31 658231 5427550 Keats
      NFGC-25-GC-081 300 -45 27 658223 5427549 Keats
      NFGC-25-GC-082 300 -45 42 658429 5427821 Iceberg
      NFGC-25-GC-083 300 -45 54 658248 5427535 Keats
      NFGC-25-GC-084 299 -45 85 658420 5427797 Iceberg
      NFGC-25-GC-085 300 -45 79 658417 5427793 Iceberg
      NFGC-25-GC-086 300 -45 39 658237 5427547 Keats
      NFGC-25-GC-087 299 -45 78 658415 5427789 Iceberg
      NFGC-25-GC-088 299 -45 19 658246 5427530 Keats
      NFGC-25-GC-089 299 -45 25 658225 5427554 Keats
      NFGC-25-GC-090 299 -45 71 658414 5427772 Iceberg
      NFGC-25-GC-091 299 -45 15 658216 5427559 Keats
      NFGC-25-GC-092 299 -45 16 658243 5427526 Keats
      NFGC-25-GC-093 299 -45 69 658417 5427776 Iceberg
      NFGC-25-GC-094 299 -45 21 658218 5427552 Keats
      NFGC-25-GC-095 299 -45 52 658240 5427533 Keats
      NFGC-25-GC-096 299 -45 23 658221 5427556 Keats
      NFGC-25-GC-097 300 -45 60 658431 5427808 Iceberg
      NFGC-25-GC-098 298 -45 48 658239 5427540 Keats
      NFGC-25-GC-099 300 -45 58 658412 5427785 Iceberg
      NFGC-25-GC-100 300 -45 23 658190 5427533 Keats
      NFGC-25-GC-101 300 -45 58 658410 5427780 Iceberg
      NFGC-25-GC-102 300 -45 47 658235 5427536 Keats
      NFGC-25-GC-103 300 -45 31 658198 5427529 Keats
      NFGC-25-GC-104 300 -45 61 658407 5427776 Iceberg
      NFGC-25-GC-105 300 -45 26 658217 5427547 Keats
      NFGC-25-GC-106 300 -45 28 658427 5427827 Iceberg
      NFGC-25-GC-107 300 -45 38 658423 5427819 Iceberg
      NFGC-25-GC-108 300 -45 24 658187 5427524 Keats
      NFGC-25-GC-109 300 -45.5 48 658423 5427814 Iceberg
      NFGC-25-GC-110 300 -45 24 658252 5427527 Keats
      NFGC-25-GC-111 300 -45 48 658238 5427529 Keats
      NFGC-25-GC-112 300 -45 27 658422 5427825 Iceberg
      NFGC-25-GC-113 300 -45 50 658415 5427806 Iceberg
      NFGC-25-GC-115 300 -45 59 658242 5427521 Keats
      NFGC-25-GC-116 300 -45 51 658411 5427802 Iceberg
      NFGC-25-GC-117 300 -45 56 658408 5427798 Iceberg
      NFGC-25-GC-118 300 -45 59 658406 5427794 Iceberg
      NFGC-25-GC-119 300 -45 32 658413 5427817 Iceberg
      NFGC-25-GC-120 300 -45 44 658401 5427785 Iceberg
      NFGC-25-GC-121 300 -45 50 658399 5427781 Iceberg
      NFGC-25-GC-122 300 -45 25 658414 5427824 Iceberg
      NFGC-25-GC-123 300 -45 30 658408 5427816 Iceberg
      NFGC-25-GC-124 300 -45 37 658406 5427811 Iceberg

       

      Sampling, Sub-sampling, and Laboratory

      All drilling recovers HQ core. For deep holes, the core size may be reduced to NQ at depth. The drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.

      A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.

      Technicians saw the core along the defined cutting line. One half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.

      New Found Gold has submitted samples for gold determination by PhotonAssay™ to ALS Canada Ltd. (‘ALS‘) since February 2024. ALS operates under a commercial contract with New Found Gold.

      Drill core samples are shipped to ALS for sample preparation in Thunder Bay, Ontario. ALS does not currently have accreditation for the PhotonAssay™ method at their Thunder Bay, ON laboratory. They do however have ISO/IEC 17025 (2017) accreditation for gamma ray analysis of samples for gold at their Australian labs with this method, including the Canning Vale lab in Perth, WA.

      Samples submitted to ALS beginning in February 2024 received gold analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The sample is then riffle split and transferred into jars. For ‘routine’ samples that do not have VG identified and are not within a mineralized zone, one (300-500g) jar is analyzed by photon assay. If the jar assays greater than 0.8 g/t, the remaining crushed material is weighed into multiple jars and submitted for photon assay.

      For samples that have VG identified, the entire crushed sample is riffle split and weighed into multiple jars that are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.

      Select samples prepared at ALS are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver.

      Drill program design, Quality Assurance/Quality Control, and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory’s internal quality assurance programs.

      Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found Gold’s quality control protocols.

      New Found Gold’s quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays.

      The Company does not recognize any factors of drilling, sampling, or recovery that could materially affect the accuracy or reliability of the assay data disclosed.

      The assay data disclosed in this press release have been verified by the Company’s Qualified Person against the original assay certificates.

      Qualified Person

      The scientific and technical information disclosed in this press release was reviewed and approved by Melissa Render, P. Geo., President, and a Qualified Person as defined under National Instrument 43-101. Ms. Render consents to the publication of this press release by New Found Gold. Ms. Render certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

      About New Found Gold Corp.

      New Found Gold is an emerging Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway and the Hammerdown Gold Project, which includes fully permitted milling and tailings facilities. The Company is currently focused on advancing its flagship Queensway to production and bringing the Hammerdown deposit into commercial gold production.

      In July 2025, the Company completed a PEA at Queensway (see New Found Gold press release dated July 21, 2025). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential that covers a +110 km strike extent along two prospective fault zones at Queensway.

      Through 2025 New Found Gold built a new board of directors and management team and has a solid shareholder base which includes cornerstone investor Eric Sprott. The Company is focused on growth and value creation.

      Keith Boyle, P.Eng.
      Chief Executive Officer
      New Found Gold Corp.

      Contact

      For further information on New Found Gold, please visit the Company’s website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/contact-us/ or contact:

      Fiona Childe, Ph.D., P.Geo.
      Vice President, Communications and Corporate Development
      Phone: +1 (416) 910-4653
      Email: contact@newfoundgold.ca

      Follow us on social media at
      https://www.linkedin.com/company/newfound-gold-corp
      https://x.com/newfoundgold

      Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. 

      Forward-Looking Statement Cautions

      This press release contains certain ‘forward-looking statements’ within the meaning of Canadian securities legislation, including relating to the Company’s 2025 drill program on its Queensway Gold Project in Newfoundland and Labrador, Canada, and the timing, results, and interpretation and use of the results; planned reporting of the remaining results from 2025 drilling and channel sampling from the Lotto excavation; the excavation program and the timing and results thereof; future drill and excavation programs and the timing and focus thereof; exploration, drilling and mineralization at Queensway; the extent of mineralization and the continuity of high-grade gold mineralization; the potential conversion of mineral resources; the potential resource expansion; planned filing of an updated Technical Report for Queensway, including a mineral resource update, and the timing thereof; focus on growth and value creation; and the merits of Queensway. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘interpreted’, ‘intends’, ‘estimates’, ‘projects’, ‘aims’, ‘suggests’, ‘indicate’, ‘often’, ‘target’, ‘future’, ‘likely’, ‘pending’, ‘potential’, ‘encouraging’, ‘goal’, ‘objective’, ‘prospective’, ‘possibly’, ‘preliminary’, and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘can’, ‘could’ or ‘should’ occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company’s ability to complete exploration and drilling programs as expected, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s Annual Information Form and Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

      1 g/t Au = grams of gold per tonne, m = metres.

      Corporate Logo

      To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285803

      News Provided by TMX Newsfile via QuoteMedia

      This post appeared first on investingnews.com

      American counterterrorism agencies are quietly monitoring suspected sleeper cells on U.S. soil in the wake of joint U.S.–Israel strikes on Iran, stepping up surveillance amid heightened fears of possible retaliation from Iran-linked operatives or sympathizers.

      Federal and local law enforcement have also boosted on-the-ground security in major U.S. cities as part of a precautionary posture, even though no specific, credible threats have been publicly identified.

      The move comes on the heels of a Saturday morning operation, dubbed Operation Epic Fury, that resulted in the death of Iran’s Supreme Leader Ayatollah Ali Khamenei and several senior Iranian officials in a coordinated U.S.–Israeli military campaign.

      Security experts warn that the fallout could extend beyond the Middle East.

      ‘If ever there’s going to be a Hezbollah cell or a Hamas cell act in the United States in a violent way it’s now,’ Chris Swecker, a former assistant FBI director, told Fox News.

      ‘Both organizations are Iranian-backed all the way. Both organizations have had a presence in the United States since the 1980s,’ he added.

      Swecker said U.S. authorities have long been aware of domestic networks and sympathizers.

      ‘We know that they have cells here. We also know that there are lone sympathizers, many of whom have come out in these protest groups,’ he added.

      He also warned that border security vulnerabilities may have compounded the risk.

      ‘We just come off four years of open borders, and I have said before that that was an open door for terrorists to terrorist cells and terror sympathizers to infiltrate. Many were already here, but it’s impossible that they would not infiltrate into these particular groups and sort of act as catalysts, as enablers.’

      Against that backdrop, the FBI is moving to reinforce its domestic security posture.

      FBI Director Kash Patel said Saturday that counterterrorism and intelligence teams are now on high alert amid ongoing U.S. actions involving Iran.

      ‘Last night, I instructed our Counterterrorism and intelligence teams to be on high alert and mobilize all assisting security assets needed,’ Patel wrote on X.

      Patel added that while the U.S. military is handling force protection overseas, the FBI ‘remains at the forefront of deterring attacks here at home’ and will continue working around the clock to protect Americans.

      Jason Pack, a retired FBI supervisory special agent and Fox News contributor, said heightened monitoring is routine when U.S. military operations intersect with adversaries that have historically responded through indirect or unconventional means.

      ‘The intelligence and counterterrorism communities work on this kind of scenario continuously, long before any conflict begins,’ Pack said. ‘When the United States commits to a joint military campaign with Israel, the domestic threat environment doesn’t simply remain static. It could shift, potentially significantly.’

      He noted that adversarial actors — including Hezbollah, Hamas’s external networks and Iranian Revolutionary Guard Corps proxies — have historically demonstrated both intent and, in some cases, the capability to retaliate against U.S. military actions.

      Meanwhile, Homeland Security Secretary Kristi Noem said she is ‘in direct coordination with our federal intelligence and law enforcement partners as we continue to closely monitor and thwart any potential threats to the homeland.’

      The heightened alert comes as parts of the Department of Homeland Security face a partial shutdown, raising additional questions about resources and operational strain at a time when federal agencies are on elevated watch.

      While no specific plots have been identified, officials acknowledge the threat environment could shift quickly as tensions overseas evolve and whether that escalation reaches American soil remains to be seen.

      Fox News Digital’s Michael Dorgan and Kelley Kramer contributed to this report. 

      This post appeared first on FOX NEWS

      Three U.S. service members were killed and five others were seriously wounded as part of Operation Epic Fury, U.S. Central Command (CENTCOM) said Sunday morning.

      In addition, several others sustained minor shrapnel injuries and concussions and are in the process of being returned to duty, CENTCOM announced.

      ‘The situation is fluid, so out of respect for the families, we will withhold additional information, including the identities of our fallen warriors, until 24 hours after next of kin have been notified,’ CENTCOM said.

      This is a developing story. Please check back for updates.

      This post appeared first on FOX NEWS

      Pope Leo XIV warned Sunday that U.S.-Israel airstrikes on Iran risk plunging the Middle East into an ‘irreparable abyss,’ urging leaders to halt a dangerous spiral of violence.

      Speaking at the Angelus, the pontiff expressed ‘deep concern’ over recent developments and called on nations to choose dialogue over war.

      ‘Stability and peace are not built with mutual threats, nor with weapons, which sow destruction, pain, and death, but only through a reasonable, authentic, and responsible dialogue,’ the pope said, according to Vatican News.

      ‘Faced with the possibility of a tragedy of enormous proportions,’ he added, ‘I address to the parties involved a heartfelt appeal to assume the moral responsibility to stop the spiral of violence before it becomes an irreparable abyss!’

      The pope’s warning came after Israel and the U.S. launched a joint military operation against Iran on Saturday, dubbed ‘Operation Epic Fury.’ The attacks reportedly killed several senior leaders, including Iranian Supreme Leader Ayatollah Ali Khamenei, who ruled the Islamic Republic for more than three decades.

      Meanwhile, Iranian airstrikes killed at least eight Israelis on Sunday as Tehran’s latest missile barrage landed miles from Jerusalem.

      The pope reinforced his warning in a two-part message posted Sunday morning on X.

      ‘I am following with deep concern what is happening in the Middle East and in Iran during this tumultuous time,’ he wrote.

      ‘Stability and peace are not achieved through mutual threats, nor through the use of weapons, which sow destruction, suffering, and death, but only through reasonable, sincere and responsible dialogue.’

      In a follow-up post, he warned of ‘the possibility of a tragedy of immense proportions’ and urged all parties involved to ‘assume the moral responsibility of halting the spiral of violence before it becomes an unbridgeable chasm.’

      ‘May diplomacy regain its proper role, and may the well-being of peoples, who yearn for peaceful existence founded on justice, be upheld. And let us continue to pray for peace,’ he added.

      Related Article

      MIKE POMPEO: Operation Epic Fury is righteous, and regime change must follow
      MIKE POMPEO: Operation Epic Fury is righteous, and regime change must follow
      This post appeared first on FOX NEWS

      At least nine people are dead and more than two dozen injured after violent clashes outside the U.S. Consulate in Karachi, Pakistan.

      Hundreds of protesters stormed the diplomatic compound in a sharp escalation of anti-American demonstrations.

      The unrest followed reports that Iran’s supreme leader, Ayatollah Ali Khamenei, was killed in a joint U.S.-Israeli strike, sparking anger among Shiite Muslims in Pakistan.

      Witnesses told The Associated Press that many of the protesters were Shiite Muslims who expressed outrage over Khamenei’s reported death and alleged U.S. involvement. Protesters chanted anti-American and anti-Israel slogans, and attempted to breach the consulate’s perimeter.

      Security forces deployed police and paramilitary units as clashes intensified outside the compound.

      Between 25 and 30 people were wounded in the clashes, according to local officials.

      Pakistani authorities tightened security around the consulate and other U.S. diplomatic missions in Lahore, Islamabad and Peshawar amid fears the unrest could spread. The U.S. Embassy in Pakistan issued a security alert urging American citizens to monitor local news, avoid large crowds and remain vigilant.

      ‘We are monitoring reports of ongoing demonstrations at the U.S. Consulates General in Karachi and Lahore, as well as calls for additional demonstrations at U.S. Embassy Islamabad and Consulate General Peshawar,’ the U.S. Embassy in Islamabad said on X. ‘We advise U.S. citizens in Pakistan to monitor local news and observe good personal security practices, including being aware of your surroundings, avoiding large crowds, and ensuring your STEP registration is up to date.’

      The violence comes amid escalating tensions between Iran and the United States over Tehran’s nuclear program, regional influence and support for proxy groups.

      Pakistan has seen protests over what demonstrators describe as Western aggression.

      The unrest comes as U.S. and Israeli forces continue coordinated strikes targeting Iranian military infrastructure, air defenses and command centers. The Pentagon named the mission Operation Epic Fury, while the Israel Defense Forces called its portion Operation Lion’s Roar. U.S. officials said the strikes aim to degrade Tehran’s military capabilities and neutralize what they describe as imminent threats to the United States and its allies.

      Related Article

      Sustained war with Iran could drain US missile stockpiles, test escalation control
      Sustained war with Iran could drain US missile stockpiles, test escalation control
      This post appeared first on FOX NEWS

      Some of the top rumored Democratic potential candidates for president in 2028 are showing a united front in opposing U.S. strikes on Iran, with several high-profile figures accusing President Donald Trump of launching an unnecessary and unconstitutional war.

      Former Vice President Kamala Harris said Trump was ‘dragging the United States into a war the American people do not want.’

      ‘Let me be clear: I am opposed to a regime-change war in Iran, and our troops are being put in harm’s way for the sake of Trump’s war of choice,’ Harris said in a statement Saturday following the joint U.S. and Israeli strikes throughout Iran.

      ‘This is a dangerous and unnecessary gamble with American lives that also jeopardizes stability in the region and our standing in the world,’ she continued. ‘What we are witnessing is not strength. It is recklessness dressed up as resolve.’

      California Gov. Gavin Newsom delivered some of his sharpest criticism during a book tour stop Saturday night in San Francisco, accusing Trump of manufacturing a crisis.

      ‘It stems from weakness masquerading as strength,’ Newsom said. ‘He lied to you. So reckless is the only way to describe this.’

      ‘He didn’t describe to the American people what the endgame is here,’ Newsom added. ‘There wasn’t one. He manufactured it.’

      Newsom is currently promoting his memoir, ‘Young Man in a Hurry,’ with recent and upcoming stops in South Carolina, New Hampshire and Nevada — three key early voting states in the Democratic presidential calendar.

      Earlier in the day, Newsom said Iran’s ‘corrupt and repressive’ regime must never obtain nuclear weapons and that the ‘leadership of Iran must go.’

      ‘But that does not justify the President of the United States engaging in an illegal, dangerous war that will risk the lives of our American service members and our friends without justification to the American people,’ Newsom wrote on X.

      California is home to more than half of the roughly 400,000 Iranian immigrants in the United States, including a large community in West Los Angeles often referred to as ‘Tehrangeles.’

      Rep. Alexandria Ocasio-Cortez, D-N.Y., a leading progressive voice and ‘Squad’ member, accused Trump of dragging Americans into a conflict they did not support.

      ‘The American people are once again dragged into a war they did not want by a president who does not care about the long-term consequences of his actions. This war is unlawful. It is unnecessary. And it will be catastrophic,’ Ocasio-Cortez said.

      ‘Just this week, Iran and the United States were negotiating key measures that could have staved off war. The President walked away from these discussions and chose war instead,’ she continued.

      ‘In moments of war, our Constitution is unambiguous: Congress authorizes war. The President does not,’ she said, pledging to vote ‘YES on Representatives Ro Khanna and Thomas Massie’s War Powers Resolution.’

      Illinois Gov. JB Pritzker, another Democrat often mentioned as a potential 2028 contender, also criticized the strikes and accused Trump of ignoring Congress.

      ‘No justification, no authorization from Congress, and no clear objective,’ Pritzker wrote on X.

      ‘Donald Trump is once again sidestepping the Constitution and once again failing to explain why he’s taking us into another war,’ he continued. ‘Americans asked for affordable housing and health care, not another potentially endless conflict.’

      ‘God protect our troops,’ Pritzker added.

      Pennsylvania Gov. Josh Shapiro focused his criticism on war powers, arguing Trump acted outside constitutional guardrails.

      ‘In our democracy, the American people — through our elected representatives — decide when our nation goes to war,’ Shapiro said, adding that Trump ‘acted unilaterally — without Congressional approval.’

      ‘Make no mistake, the Iranian regime represses its own people … they must never be allowed to possess nuclear weapons,’ he said. ‘But that does not justify the President of the United States engaging in an illegal, dangerous war.’

      Shapiro added that ‘Congress must use all available power’ to prevent further escalation.

      Former Transportation Secretary Pete Buttigieg also accused Trump of launching a ‘war of choice.’

      ‘The President has launched our nation and our great military into a war of choice, risking American lives and resources, ignoring American law, and endangering our allies and partners,’ Buttigieg wrote on X. ‘This nation learned the hard way that an unnecessary war, with no plan for what comes next, can lead to years of chaos and put America in still greater danger.’

      Buttigieg has been hitting early voting states, stopping in New Hampshire and Nevada in recent weeks to campaign for Democrats ahead of the 2026 midterm elections.

      Sen. Ruben Gallego, D-Ariz., who has been floated as a rising national figure within the party, said he lost friends in Iraq to an illegal war and opposed the strikes.

      ‘Young working-class kids should not pay the ultimate price for regime change and a war that hasn’t been explained or justified to the American people. We can support the democracy movement and the Iranian people without sending our troops to die,’ Gallego wrote on X. 

      Fox News’ Daniel Scully and Alex Nitzberg contributed to this report.

      Related Article

      From hostage crisis to assassination plots: Iran’s near half-century war on Americans
      From hostage crisis to assassination plots: Iran’s near half-century war on Americans
      This post appeared first on FOX NEWS

      Russian President Vladimir Putin condemned the killing of Iranian Supreme Leader Ali Khamenei on Sunday, calling the death, which came amid strikes from Israel and the U.S. a ‘cynical violation’ of norms.

      Putin made the statement in a letter to Iranian President Masoud Pezeshkian that the Kremlin released to the public in the wake of Khamenei’s death. Saturday’s bold daytime strikes eliminated Khamenei along with several other top Iranian leaders, including the head of the Iranian Revolutionary Guard Corps.

      ‘Please accept my deep condolences in connection with the murder of the Supreme Leader of the Islamic Republic of Iran, Seyed Ali Khamenei, and members of his family, committed in cynical violation of all norms of human morality and international law,’ Putin wrote.

      ‘In our country, Ayatollah Khamenei will be remembered as an outstanding statesman who made a huge personal contribution to the development of friendly Russian-Iranian relations and bringing them to the level of a comprehensive strategic partnership,’ Putin continued.

      ‘I ask you to convey my most sincere sympathy and support to the family and friends of the Supreme Leader, the government and the entire people of Iran,’ he added.

      Iranian Ambassador to the United Nations Amir-Saeid Iravani condemned the joint U.S.-Israeli strikes that rained down on his country throughout Saturday during a U.N. Security Council meeting.

      Iravani accused the U.S. of undermining its claims of pursuing international stability while attacking a sovereign country for its ‘domestic’ activities.

      ‘Neither the charter nor international law recognize internal matters of a state as justification for the use of force by other states. The rule of law would be replaced by the rule of force,’ Iravani said.

      ‘Iran will continue to exercise its right of self-defense decisively and without hesitation until the aggression ceases in full and unequivocal terms.’

      On Saturday morning, President Donald Trump ordered the execution of Operation Epic Fury, citing Tehran’s continued efforts to develop a nuclear weapon.

      ‘It has always been the policy of the United States, in particular my administration, that this terrorist regime can never have a nuclear weapon. I’ll say it again. They can never have a nuclear weapon,’ Trump said in remarks about the attack Saturday.

      Trump said the strikes were meant to ‘defend the American people by eliminating imminent threats from the Iranian regime’ and that they had come after Iran had refused to abandon plans to develop nuclear capabilities.

      Iravani called the attack a continuation of longstanding U.S. aggression against Iran.

      ‘Mr. president, this morning the United States regime, jointly and in coordination with the Israeli regime, initiated an unprovoked and premeditated aggression against the Islamic Republic of Iran for the second time in recent months,’ Irvani said, referring to strikes the U.S. carried out against its nuclear enrichment sites last year. ‘The president of the United States and the prime minister of the Israeli regime have openly claimed responsibility for this act of aggression and have explicitly articulated regime change as their objective, an unmistakable admission of their intent to violate Iran’s sovereignty and territorial integrity.’

      Fox News’ Leo Briceno and Reuters contributed to this report.

      Related Article

      Gulf states condemn Iranian retaliatory strikes on their territories following US-Israeli operation
      Gulf states condemn Iranian retaliatory strikes on their territories following US-Israeli operation
      This post appeared first on FOX NEWS

      Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to announce that it has signed an agreement dated February 27, 2026 (the ‘Vending Agreement’) with 2099840 Ontario Inc. oa Emerald Geological Services (‘EGS’) to acquire 6 staked mining claims (the ‘Additional Claims’) contiguous to its Joutel Property, located 140 km northwest of Val d’Or, Quebec in consideration for the issuance of 750,000 common shares of the Company to EGS (the ‘Transaction’). EGS is a non-arm’s length party controlled by Bruce MacLachlan, President and COO of Bold, and Coleman Robertson, VP Exploration of Bold. The Additional Claims cover versatile time-domain electromagnetic (VTEMTM) geophysical anomalies from a 2012 survey carried out on the Joutel Property by Bold. Anomalous area 3B (see Figure 1) is associated with historical diamond drill hole intercepts of 0.83% Nickel over 3.7 metres including 1.27% nickel over 2.3 metres, as well as 0.51 gt gold over 3.05 metres (see Figure 2). The Vending Agreement and Transaction are subject to the approval of the TSX Venture Exchange.

      Bold CEO David Graham commented that ‘we are pleased to have re-assembled our Joutel claims. Our 2012 VTEM survey outlined a number of anomalies that we believe are prospective for Nickel (Ni), Copper (Cu), Zinc (Zn), Gold (Au) and Silver (Ag). We are excited to explore these anomalies to generate what we anticipate will be high potential drill targets.’

      Bruce MacLachlan, President and COO of Bold Ventures and President and CEO of EGS, stated: ‘The proposed acquisition of the EGS claims is a major step forward for Bold’s Joutel project, which will become a consolidated land package of 58 claims comprising 3217 hectares covering numerous geophysical anomalies associated with known base and precious metal mineralization. We anticipate a ground geophysical survey this winter to better define these geophysical anomalies in advance of drilling.’

      The transaction is a related party transaction as EGS is a non-arm’s length party controlled by Bruce MacLachlan and Coleman Robertson, two insiders of the Company. The related party transaction is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (‘MI 61-101‘) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company to be issued to EGS does not exceed 25% of its market capitalization.

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_001.jpg

      Figure 1: Joutel property claims on 2012 VTEM
      TM conductors.

      To view an enhanced version of this graphic, please visit:
      https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_001full.jpg

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_002.jpg

      Figure 2: Historical diamond drill hole intersections on EGS claims

      To view an enhanced version of this graphic, please visit:
      https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_002full.jpg

      About the Joutel Property

      The Joutel claim group of Bold Ventures Inc. (‘Bold‘) is located approximately 140 km northwest of the city of Val d’Or, Québec, and 6 kilometres south-southeast of the historical mining town of Joutel, Québec, in Poirier and Dalet Townships (see Figure 3). The property currently consists of 52 staked claims.

      The property area was previously worked by Bold in 2012, when Bold flew a versatile time domain electromagnetic (VTEMTM) survey over the area. Bold let the Additional Claims lapse in 2014 and the Additional Claims were acquired by EGS before Bruce MacLachlan and Coleman Robertson became insiders of Bold. In the northern part of the current property, the 2012 survey identified anomalous area 3B which is spatially associated with historical values in diamond drill core of 0.83% nickel over 3.7 metres including 1.27% nickel over 2.3 metres, as well as 0.51 g/t gold over 3.05 metres (see Figure 1 and Figure 2). Historical holes also intersected anomalous copper and zinc. In the southern part of the property where anomalous areas 3C and 3D were identified by the airborne survey, there is one drill hole totaling 155 meters recorded in the Quebec drillhole database (https://sigeom.mines.gouv.qc.ca).

      Known deposits within 11 kilometres of the northern property boundary include the past-producing Joutel gold mine, the Poirier base metal mine, the Joutel copper deposit, and the Explo-Zinc base metal deposit (see Figure 3). For more information refer to the Joutel Property information page on Bold’s website.

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_003.jpg

      Figure 3: Joutel property nearby deposits

      To view an enhanced version of this graphic, please visit:
      https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_003full.jpg

      The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.

      Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

      About Bold Ventures Inc.

      The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

      For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

      ‘Bruce A MacLachlan’
      Bruce MacLachlan 
      President and COO 
      ‘David B Graham’
      David Graham
      CEO

       

      Direct line: (705) 266-0847

      Email: bruce@boldventuresinc.com

      Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

      NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
      IN THE UNITED STATES

      Corporate Logo

      To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285801

      News Provided by TMX Newsfile via QuoteMedia

      This post appeared first on investingnews.com