OS Grid Reference: SO588128
New Found Out Pit was in existence by 1841, when it was producing 12 tons of coal per day, presumably from the Coleford High Delf Seam of the Pennant Group. The coal was dispatched over a branch of the Monmouth Tramroad. The output was 2285 tons of coal in 1880. New Found Out Free Mine was nearby at SO 591129. Very bad. There are several small overgrown tips in the woods, concrete foundations, the remains of a possible loading wharf, and three stone-lined shafts (SO 590128, 588125, and 589125, although the last two could be part of Thatch Colliery). Nothing, other than a hollow (possibly a filled-in shaft), survives of the free mine at SO 591129. (Oct. 2002)