New Found Gold Corp. reported on February 14, 2024, drill results from its Iceberg East zone, revealing significant gold grades of 7.56 g/t Au over 13.4m and 15.4 g/t Au over 5.0m, extending the high-grade segment to 655m. The company has commenced a 650,000m drill program at its Queensway project, with approximately $53.5 million in funding available.