{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"New Found Gold (TSX:NFG) - Construction Still on Track","html":"","width":"100%","height":180,"duration":513,"description":"Interview with Keith Boyle, Director & CEO of New Found Gold\nOur previous interview: https://www.cruxinvestor.com/posts/new-found-gold-tsx-graduates-to-the-tsx-10811\nRecording date: 7th July 2026\nNew Found Gold Corp (TSX: NFG | NYSE American: NFGC) has confirmed that its flagship Queensway Gold Project will undergo an additional environmental review step, while construction at its Pine Cove mill continues uninterrupted. Newfoundland and Labrador's Minister of Environment, Conservation and Climate Change notified the company on July 3, 2026 that an Environmental Preview Report is required for Queensway Phase 1, a standard requirement for a greenfield project sited near the communities of Appleton and Gander. CEO Keith Boyle has described the request as an expected part of advancing a project of this nature so close to populated areas, and has emphasized a collaborative working relationship with the provincial government throughout the process.\nOn the regulatory timeline, New Found Gold will receive EPR completion guidelines within 60 days of the Minister's letter. Once the EPR is submitted, a 35-day public review and the Minister's 45-day decision period run concurrently, with the decision period carrying a possible two-week extension that has already been exercised once during this project's review. Taken together with however long the company needs to prepare and submit the EPR itself, a realistic overall timeline to a final decision is six to nine months.\nImportantly, Boyle has stated that none of the current engineering, procurement, or construction work has been affected by the review. The company has received the permit amendment needed to convert its 100%-owned Pine Cove mill from a 700 tonne-per-day flotation circuit to a 1,400 tonne-per-day gravity-carbon-in-leach circuit, and construction on that conversion is already underway. New Found Gold continues to target sending first Queensway Phase 1 material to the mill in the fourth quarter of 2027, with...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}