---
title: "New Found Gold expects first Queensway Phase 1 ore to reach Pine Cove mill in Q4 2027"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291792672.md"
description: "New Found Gold expects the first Queensway Phase 1 ore to reach the Pine Cove mill in Q4 2027, with commercial production targeted for H2 2028. The company received a permit amendment to expand the mill's capacity from 700 tpd to 1,400 tpd using a gravity carbon-in-leach circuit. Hammerdown feed recoveries are projected to increase to approximately 92%. EPCM work is ongoing, with mill conversion and expansion completion aimed for Q4 2027."
datetime: "2026-07-06T10:59:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291792672.md)
  - [en](https://longbridge.com/en/news/291792672.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291792672.md)
---

# New Found Gold expects first Queensway Phase 1 ore to reach Pine Cove mill in Q4 2027

-   New Found Gold was told to file an Environmental Preview Report for Queensway Phase 1, extending the project’s environmental review timeline. \* Pine Cove mill permit amendment received to convert to a 1,400 tpd gravity carbon-in-leach circuit from 700 tpd flotation-leach-Merrill-Crowe. \* Hammerdown feed recoveries expected to rise to about 92% from 87% based on test work; circuit selected for Queensway high-grade coarse gold. \* First Queensway Phase 1 material targeted for Pine Cove in Q4 2027; Phase 1 commercial production aimed for H2 2028. \* EPCM work underway; mill conversion and expansion targeted for completion by Q4 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Found Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607060658NEWSFILECNPR\_\_\_\_20260706\_304009\_1) on July 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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