<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0000897455-26-000004</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000897455</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Shares, no par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/16/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001840616</issuerCik>
        <issuerName>New Found Gold Corp.</issuerName>
        <issuerCusip>64440N103</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>20 ADELAIDE ST. E</com:street1>
          <com:street2>20 ADELAIDE ST. E</com:street2>
          <com:city>TORONTO</com:city>
          <com:stateOrCountry>A6</com:stateOrCountry>
          <com:zipCode>M5C 2T6</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>DUNDEE CORP</reportingPersonName>
      <citizenshipOrOrganization>A6</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>19898398.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>19898398.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>19898398.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.7</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <comments>1. The number in Rows 5, 7 and 9 includes (i) 12,242,569 Common Shares, no par value ("Common Shares"), of New Found Gold Corp. (the "Issuer") held of record by Dundee Corporation ("Dundee") and (ii) 7,655,829 Common Shares issuable, within 60 days of December 16, 2025, upon the exercise of warrants to purchase shares of Common Shares held of record by Dundee.

2. The percentage set forth in Row 13 is calculated based on 338,465,937 Common Shares of the Issuer outstanding as of December 16, 2025, plus 7,655,829 Common Shares issuable upon the exercise of warrants held of record by Dundee.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>New Found Gold Corp.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>20 ADELAIDE ST. E, 20 ADELAIDE ST. E, TORONTO, ONTARIO, CANADA, M5C 2T6</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Dundee Corporation</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>80 Richmond Street West, Suite 2000, Toronto, Ontario, Canada M5H 2A4</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Ontario, Canada</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>19,898,398 Common Shares</amountBeneficiallyOwned>
        <classPercent>5.7%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>19,898,398 Common Shares</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>19,898,398 Common Shares</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>DUNDEE CORP</reportingPersonName>
      <signatureDetails>
        <signature>Mark Pereira</signature>
        <title>Vice President and Corporate Secretary</title>
        <date>02/02/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
