HIGH-GRADE GOLD DISCOVERY - CANADA'S NEWEST TSX-V: NFG NYSE-A: NFGC
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CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG NYSE-A: NFGC
DISCLAIMER
This presentation contains certain forward-looking statements within the meaning of Canadian securities legislation (the “Forward-looking Statements”), including with respect to the exploration and drill programs at the Company’s Queensway
Project in Newfoundland. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts;
they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or
conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and
opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements.
Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include uncertainties related to fluctuations in gold and other commodity prices, uncertainties inherent in the
exploration of mineral properties, risks associated with the interpretation of assay results and the drilling program including the work to assess the presence and source of bias relating to core samples submitted to Eastern Analytical as
disclosed in the Company’s press release dated November 4, 2021, and the impact and progression of the COVID-19 pandemic and other risk factors set forth in the Company’s final prospectus under the heading “Risk Factors”. The reader is
urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors
and their potential effects. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs,
estimates or opinions, or other factors, should change. New factors emerge from time to time, and it is not possible for NFG to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of
factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
Information of a scientific nature related to the Queensway Project included in this presentation is based on the NI 43-101 Technical Report for the Queensway Project, Newfoundland, Canada, dated July 9, 2021, with an effective date of May
27, 2021 (the “Queensway Report”), prepared by René Sterk, M.Sc., MAIG (RPGeo) FAusIMM CP(Geo) MSEG of RSC Consulting Limited and Stefan Kruse, PhD., P.Geo., (APEGNB, PEGNL, EGBC) of Terrane Geoscience Inc., who are independent
qualified persons under NI 43-101
Greg Matheson, P.Geo., the Chief Operating Officer of the Company, and a qualified person pursuant to NI 43-101, has reviewed and approved the scientific and technical information contain in this presentation. Mr. Matheson has verified the
data disclosed herein, including sampling, analytical and test data underlying the technical information contained herein. True widths of the new exploration intercepts in this presentation are uncertain. Host structures along the Appleton
Fault Zone are generally interpreted to be steeply dipping and true widths are estimated to be 85% to 95% of reported widths at Keats, 80% to 90% at Lotto, 70% to 90% at Golden Joint, 65% to 75% at Dome, unknown at Cokes, 85% to 95% at
Road, unknown at Little-Powerline, and unknown at Knob. Intervals are calculated at a 1 g/t Au cut-off grade; grades have not been capped in the averaging.
Assays are uncut, and calculated intervals are reported over a minimum length of 2 meters using a lower cutoff of 1.0 g/t Au. All HQ split core assays reported were obtained by either complete sample metallic screen/fire assay or standard
30-gram fire-assaying with ICP finish at ALS Minerals in Vancouver, British Columbia or by entire sample screened metallic screen fire assay at Eastern Analytical in Springdale, Newfoundland. The whole sample metallic screen assay method is
selected by the geologist when samples contain coarse gold or any samples displaying gold initial fire assay values greater than 1.0 g/t Au. Any samples that returned over-limit values (>100 g/t silver) were analyzed with the Ag- OG62
procedure (Ag by HF-HNO3 -HClO4 digestion with HCl leach, ICP-AES or AAS finish). Drill program design, Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a Quality Assurance/Quality
Control program consistent with National Instrument 43-101 and industry best practices. Standards and blanks are included with every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the lab.
Approximately 5% of sample pulps are sent to secondary laboratories for check assays.
While the information contained in this presentation is believed to be accurate, New Found Gold expressly disclaims any and all liability for any losses, claims or damages of whatsoever kind based upon the information contained in, or
omissions from, this presentation or any oral communication transmitted in connection therewith. In addition, none of the statements contained in this presentation are intended to be, nor shall be deemed to be, representations or warranties
of the Company. Where the information is from third-party sources, the information is from sources believed to be reliable, but the Company has not independently verified any of such information contained herein.
This presentation is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities. Under no circumstances should the information contained herein be
considered an offer to sell or a solicitation of an offer to buy any securities.
2 TSX-V: NFG, NYSE-A: NFGC 2
CONTENTS
SECTION 1 CORPORATE OVERVIEW 04
SECTION 2 QUEENSWAY PROJECT OVERVIEW 10
SECTION 3 QUEENSWAY NORTH 17
SECTION 4 QUEENSWAY SOUTH 32
SECTION 5 FOSTERVILLE SWAN ZONE ANALOG 36
3 TSX-V:
TSX-V:NFG,
NFG,NYSE-A:
NYSE-A:NFGC
NFGC 3
SECTION 1
CORPORATE
OVERVIEW
TSX-V: NFG, NYSE-A: NFGC 4
INVESTMENT HIGHLIGHTS
Project located on Trans-Canada Highway Drilling advancing on Keats, Golden Joint, and Lotto Zones Drilling planned or underway to test multiple
15km west of Gander, Newfoundland. located along 2.6km of strike on the Appleton Fault Zone. additional targets along approximately 20km
of strike on Appleton and JBP fault structures.
1,510km2 project area, covering approximately 400,000m drill program ongoing utilizing 10 drills with plans $140 million working capital
105km of strike on Appleton and JBP structures. to ramp up to fourteen drills.
Drilling Highlights
Keats Discovery Lotto Discovery
Hole No. Interval Au Hole No. Interval Au
(m) (g/t) (m) (g/t)
NFGC-19-01 19.0 92.9 NFGC-20-17 4.8 41.2
NFGC-20-19 18.9 31.2 And 5.2 25.4
NFGC-20-23 41.4 22.3 NFGC-20-44 3.0 38.7
NFGC-20-29 16.9 25.0 NFGC-20-50 2.1 65.3
NFGC-20-32 13.1 45.3 NFGC-20-100 2.5 224.7
NFGC-20-41 10.4 22.5 NFGC-21-109 3.2 51.3
New Found Gold’s
And 15.9 31.4 NFGC-21-115
NFGC-21-201
3.1
2.4
53.3
683.1
Queensway Project
NFGC-20-52 2.1 136.7
And 14.1 31.5 Within 11.5 150.3
And 5.6 13.7 NFGC-21-233 2.7 111.4
NFGC-20-59 4.7 131.1 NFGC-21-278 2.1 15.5
And 17.7 124.4 NFGC-21-311 2.8 76.8
NFGC-21-80 39.1 25.8 Including 1.9 112.5 Newfoundland
And 2.3 41.6
NFGC-21-104 11.4 29.1
NFGC-21-118 13.7 61.8 Golden Joint Discovery
NFGC-21-137 7.2 261.3
Hole No. Interval Au
NFGC-21-143 2.5 16.9 (m) (g/t)
5 And 8.4 63.7 NFGC-21-241 5.3 430.2
NFGC-21-182 25.6 146.2
NFGC-21-204 8.1 21.4 TSX-V: NFG, NYSE-A: NFGC 5
And 12.9 14.9
CAPITALIZATION
CURRENT OWNERSHIP
Basic Shares Outstanding 164,192,392 31%*
PALISADES GOLD CORP
Broker Warrants @ $1.30 and $1.50 strike 62,794
22%
Options 14,554,250 ERIC SPROTT
Fully Diluted Shares Outstanding 178,809,436
9%
NOVO RESOURCES CORP
Working Capital $140M
Market Capitalization* $1.2B 6%
MANAGEMENT & INSIDERS
*As of November 23, 2021
32%
INSTITUTIONAL & RETAIL
*This calculation includes shares owned directly by control person Collin Kettell
TSX-V:
TSX-V:
NFG,
NFG,
NYSE-A:NFGC
NYSE-A: NFGC
6 6
LEADERSHIP TEAM
Collin Kettell Craig Roberts, P.Eng. Denis Laviolette Dr. Quinton Hennigh Douglas Hurst
Founder & Executive Chairman CEO & Director Founder & President Director Director
Collin is the Founder & Executive Professional mining engineer with Over 10 years of experience in Economic geologist with Geologist with over 30 years
Chairman of Palisades Goldcorp over 30 years of operations, mining and capital markets; 25 years of exploration experience as consultant, mining
Ltd., Canada’s newest resource engineering consulting, investment worked as a production and experience, mainly gold related. analyst, and senior executive.
focused merchant bank, with banking, and corporate exploration geologist in Timmins, Led exploration teams for Part of the founding group of
$420M AUM and growing. He management experience. Career Kirkland Lake, Red Lake, Norway Homestake Mining Company, Newmarket Gold, which following
comes from a family with deep work has included management and Ghana. Later worked as a Newcrest Mining Ltd. and Newmont discovery of the high-grade Swan
ties to the mining, including roles in mine construction and mining analyst with Pinetree Mining Corp. Founder, Chairman Zone at the company’s Fosterville
co-founding AuEx Ventures, the development, engineering work on Capital. Founder, Director and and President of Novo Resources, mine was sold to Kirkland Lake Gold
company responsible for discovering feasibility studies for a variety of Executive Chairman of GoldSpot Founder and Director of Irving in 2016 for $1 billion. Serially
the Long Canyon deposit, a project mining projects worldwide, and Discoveries Inc. (TSX.V: SPOT) and Resources. Lead role in a number successful mining entrepreneur and
ultimately acquired by Newmont for investment banking work focused also currently serves as a Director of discoveries including significant executive.Founder of International
$2.3B. Collin is the Founder & on mining institutional equity of Xtra-Gold Resources Corp. involvement in high-grade Swan Royalty Corporation, sold in 2010 to
Executive Chairman of Nevada King financings and mining merger and (TSE: XTG). Zone discovery at Fosterville. Royal Gold for $700 million. Serves
Mining Ltd., the fifth largest mineral acquisition transactions. as Chairman of Northern Vertex
claim holder in the State of Nevada; Mining and as a director of Calibre
Co- Founder & CEO of Nevada King Mining and Newcore Gold.
Mining (TSX- V:NKG);
Co-Founder of GoldSpot Discoveries
(TSX-V:SPOT).
TSX-V: NFG, NYSE-A: NFGC 7
KEY PEOPLE
Michael Kanevsky, CPA Greg Matheson, P.Geo. Melissa Render, P.Geo. Ken Rattee Bassam Moubarak
CFO COO V.P. of Exploration Senior Geologist Advisor
A Chartered Professional A professional geologist An exploration geologist Over 36 years’ experience Finance professional with
Accountant with nine years with over 14 years experience with 10 + years’ experience in base and precious metal over 15 years of experience.
of post-designation professional managing grass roots focused on orogenic gold. mineral exploration in various Since 2008 Mr. Moubarak has
experience working with exploration through to Managed exploration projects management roles; former chief been involved in corporate
public and private companies. advanced exploration projects; worldwide from grassroots to geologist for Kirkland Lake transactions with an aggregate
Expertise in corporate former exploration manager of advanced stages in greenstone Gold’s Macassa Mine. Extensive value in excess of $800 million
reporting, financial processes Northern Gold Mining, senior belts including the Abitibi, experience developing, and raised in excess of $150
and risk management. project manager for Oban Eastern Goldfields, Hope Bay, supervising and implementing million for mineral asset
Began his professional career Mining and Osisko Mining. Central Lapland and Banfora for exploration campaigns including project development.
in the audit and assurance Responsible for the discovery Kinross Gold, AngloGold Ashanti for Lac Minerals, Kirkland Lake
practice at Deloitte. and delineation of the >2.0 Moz. and TMAC Resources. 3 years as Gold, Kinross Gold and
Garrison Gold project in NE a consultant specializing Barrick Gold.
Ontario from early- stage in target generation,
exploration through trial 3D modelling, data management
production mining. and exploration program design.
TSX-V: NFG, NYSE-A: NFGC 8
HISTORY / EXPLORATION TIMELINE
Completed a 1,950m
diamond drilling New Found is listed for
program at JBP and Extensive geological trading on the NYSE-
Appleton Fault Zone mapping, and American exchange
geochemical (gold-in- Announced
Assays for discovery till) and geophysical Announced discovery High-grade zone at
hole interval of 19.0m surveys initiated in discovery holes at Golden Joint extended
at 93 g/t received 2016 continue holes at Lotto Golden Joint to 235m depth
2016-2017 DEC 2019 APRIL 2020 MAY 2020 AUG 2020 OCT 2020 MAR 2021 JUN 2021 AUG 2021 SEP 2021 OCT 2021
Completed 9 separate Expanded the Initiated diamond $15 million Completed $57.5 $48 million
property transactions Queensway drilling program financing by million bought deal flow-through
along with staking to Project by 74% at Queensway Eric Sprott at led by Canaccord financing by
form the Queensway through staking North, initially $5.25/share and BMO at Eric Sprott at
Project to over 1,500km2 25,000m planned, $11.39/flow $9.60/share
subsequently through share
expanded to
400,000m
IPO COMPLETED
Raised $31.4M @
$1.30 per share
TSX-V: NFG, NYSE-A: NFGC 9
SECTION 2
QUEENSWAY
PROJECT OVERVIEW
TSX-V: NFG, NYSE-A: NFGC 10PROJECT OVERVIEW
• Located on the Trans-Canada Highway,
15km west of Gander, Newfoundland.
• 1,510km² project covering approximately
105km of strike on two primary fault
zones: Appleton and JBP.
• Project divided by Gander Lake into
Queensway North and Queensway South.
• On Queensway North multiple high-grade
targets identified along 7.8km of the
Appleton Fault and 12.4km of the JBP
Fault.
• A large-scale regional till program has
identified large gold in till anomalies
coincident with the Appleton and JBP
faults on Queensway South.
TSX-V:
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NFG,
NFG,
NYSE-A:
NYSE-A:NFGC
NFGC 11
11QUEENSWAY NORTH
400,000m program ongoing on Queensway North utilizing
ten drills with plans to ramp up to fourteen drills.
Drilling is targeting two prominent NE trending faults
that are the vital fluid conduits for gold mineralization:
Appleton Fault Zone
• Auriferous quartz veins hosted within shale and greywacke
identified over 7.8km of strike.
• Noranda focused with shallow drilling on the Knob target
south of the Trans Canada Highway.
• Significant new discoveries at Keats, Golden Joint, and
Lotto.
• Infill and step-out drilling ongoing on these zones, as well as
drill testing multiple additional targets along the AFZ.
JBP Fault Zone
• Sedimentary hosted quartz vein gold system identified over
12.4km strike.
• Total historical drilling of 9,872m (54 drill holes).
• One drill now testing targets along the JBP Fault Zone.
TSX-V: NFG, NYSE-A: NFGC 12GEOLOGIC SETTING BALTICA
• The Dog Bay Line (DBL) is a significant suture formed
at the closing of the Iapetus Ocean and can be found
on both sides of the Atlantic Ocean. DOG BAY LINE
HBF
Greenland Britain
• Name identified this structure for its significant gold
potential and consolidated land holdings over 105km DALRADIAN
Irelan
of strike. d
• Prospecting did not begin in the Queensway area LAURENTIA
until the late 1980’s when the first gold showing was
recorded. Labrador
• A number of large gold systems have been found
along this suture zone including:
MARATHON
QUEENSWAY PROJECT
Curraginalt Deposit Iberia
IRELAND
Avalonia
GONDWANA
Ganderia Newfoundlan
CCF d
Valentine Lake Deposit
NEWFOUNDLAND
Meguma Africa Early Ordovician suture
Middle Ordovician suture
Silurian suture Silurian /
Haile Deposit CLOSING OF THE IAPETUS OCEAN Devonian fault
NORTH CAROLINA (Pollock et al., 2007)
TSX-V: NFG, NYSE-A: NFGC 13STRUCTURAL SETTING
NW SE NW SE NW SE
penetrative
mineralized low- fabric
displacement
faults
Dog Bay line
GRC line
increasing slip on decollement
slip on decollement
oceanic crust oceanic crust
oceanic crust
Progressive compression, folding, faulting and mineralization of sediments.
High-grade gold mineralization at Queensway focusses on small displacement accommodation faults, similar to Fosterville’s Swan Z one.
(Modified from Willman 2007) TSX-V:
TSX-V:NFG,
NFG,NYSE-A:
NYSE-A:NFGC
NFGC 14PROJECT GEOLOGY
• The Davidsville
Sedimentary
Group is the
primary host on
the Queensway
project for gold
mineralization.
• Multiple
geophysical
surveys indicate
that the primary
host structures
continue for
approximately
105 km of strike
within this host
stratigraphy.
Regional Mag-EM Composite
TSX-V:
TSX-V:NFG,
NFG,NYSE-A:
NYSE-A:NFGC
NFGC 15GEOLOGY & MINERALIZATION
• Gold mineralization hosted in Geologic comparison of Victoria Goldfields and Central Gold Belt, Newfoundland
middle Ordovician sediments,
of sub-greenschist to
Victoria Goldfields, Central Gold Belt,
greenschist metamorphic Australia Newfoundland
grade.
Cambro-Ordovician to
Middle Ordovician turbidites
• Gold mineralization is fault Host Lithology Devonian turbidites
(shales, siltstones sandstones)
(sandstones, siltstones, shales)
hosted; visible gold is common
Classic saddle reef fold structures
as disseminations in quartz- Structural Features AND fault hosted deposits Fault hosted orogenic gold deposits
carbonate veining. (e.g. Fosterville Swan Zone)
• Accessory minerals include Metamorphic Grade Sub-greenschist to greeenschist Sub-greenschist to greeenschist
pyrite, arsenopyrite,
chalcopyrite, sphalerite, Visible gold is common as disseminations
Visible gold is common as disseminations
stibnite and boulangerite. in quartz-carbonate veining
in quartz-carbonate veining
Minerology
Accessory minerals include pyrite,
• The Central Gold Belt in Accessory minerals include arsenopyrite,
arsenopyrite, chalcopyrite, sphalerite,
Newfoundland demonstrates pyrite, sphalerite stibnite and boulangerite
stibnite and boulangerite
many geological similarities to
the Victoria Goldfields geology Victoria Goldfields originally discovered in First gold occurrence noted in
Mining History
and mineralization style. 1850’s and produced over 22 Moz early 1980’s; exploration phase
TSX-V: NFG, NYSE-A: NFGC 16SECTION 3
QUEENSWAY NORTH
TSX-V: NFG, NYSE-A: NFGC 17APPLETON FAULT ZONE
• Drilling continues to test a corridor up to
approximately 1km wide along 7.8km of strike
along the Appleton Fault Zone.
• Recent high-grade drill intervals returned from
Appleton Fault Zone at Keats, Golden Joint, and
Lotto along 2.6km of strike on the AFZ.
• This corridor encompasses +15 identified high-
grade gold targets.
• Corridor is covered by thin glacial till and
geophysics, gold-in-till geochemistry, and
drilling being utilized to generate additional
drill targets.
• The advancing understanding of controls on
high- grade mineralization at Keats, Golden
Joint, and Lotto guiding this targeting.
TSX-V:
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NFG,NYSE-A:
NYSE-A:NFGC
NFGC 18KEATS TO LOTTO 2.6 KM LONG SECTION
Keats Zone Highlights Golden Joint Zone Highlights Lotto Highlights
Hole No. Interval Au Hole No. Interval Au Hole No. Interval Au Hole No. Interval Au
(m) (g/t) (m) (g/t) (m) (g/t) (m) (g/t)
NFGC-19-01 19.0 92.9 NFGC-21-137 7.2 261.3 Golden Joint Main Lotto Main:
NFGC-20-19 18.9 31.2 NFGC-21-143 2.5 16.9 NFGC-21-171 4.9 10.4 NFGC-20-17 4.8 41.2
NFGC-20-23 41.4 22.3 And 8.4 63.7 NFGC-21-241 5.3 430.2 And 5.2 25.4
NFGC-20-29 16.9 25.0 NFGC-21-182 25.6 146.2 NFGC-20-27 2.0 31.3
NFGC-20-32 13.1 45.3 NFGC-21-204 8.1 21.4 Golden Joint HW NFGC-20-44 3.0 38.7
NFGC-20-41 10.4 22.5 And 12.9 14.9 NFGC-21-199 2.0 12.7 Within 6.5 18.1
And 15.9 31.4 NFGC-20-50 2.1 65.3
NFGC-20-52 2.1 136.7 NFGC-20-100 2.5 224.7
And 14.1 31.5 • Keats high-grade zone now drill • Recent discovery hole NFGC- NFGC-21-109 3.2 51.3
And 5.6 13.7 defined 530m down plunge and 21-241 at Golden Joint returned NFGC-21-115 3.1 53.3
NFGC-20-59 4.7 131.1 open. 430.2 g/t Au over 5.3m. NFGC-21-201 2.4 683.1
And 17.7 124.4 Within 11.5 150.3
NFGC-21-80 39.1 25.8 • Hole NFGC-21-238 recently NFGC-21-233 2.7 111.4
And 2.3 41.6 NFGC-21-278 2.1 15.5
returned a new footwall discovery NFGC-21-311 2.8 76.8
NFGC-21-104 11.4 29.1
NFGC-21-118 13.7 61.8 interval: 88.53 g/t Au over 3.35m. Including 1.9 112.5
TSX-V: NFG, NYSE-A: NFGC 19KEATS LONG SECTION Keats Highlights
Hole No. Interval Au
(m) (g/t)
NFGC-19-01 19.0 92.9
NFGC-20-18 7.9 24.1
NFGC-20-19 18.9 31.2
NFGC-20-21 18.4 15.8
NFGC-20-23 41.4 22.3
NFGC-20-26 6.9 44.5
NFGC-20-28 4.1 40.1
NFGC-20-29 16.9 25.0
NFGC-20-30 6.1 10.3
NFGC-20-32 13.1 45.3
NFGC-20-34 2.4 29.3
NFGC-20-37 10.3 25.0
NFGC-20-38 5.8 19.8
NFGC-20-40A 7.3 19.3
NFGC-20-41 10.4 22.5
And 15.9 31.4
NFGC-20-43 18.2 10.0
NFGC-20-45 13.8 28.4
And 3.3 20.6
And 2.0 17.1
NFGC-20-46 2.9 13.7
NFGC-20-52 2.1 136.7
And 14.1 31.5
And 5.6 13.7
NFGC-20-56 32.3 6.2
NFGC-20-59 4.7 131.1
And 17.7 124.4
NFGC-20-74 4.1 45.6
NFGC-21-79 7.9 22.7
NFGC-21-80 39.1 25.8
And 2.3 41.6
NFGC-21-85 3.0 49.4
NFGC-21-87 4.7 27.8
NFGC-21-90 3.9 24.5
NFGC-21-97 6.5 37.1
NFGC-21-101 8.5 17.9
NFGC-21-103 3.5 19.3
NFGC-21-104 11.4 29.1
NFGC-21-105B 2.0 41.8
NFGC-21-118 13.7 61.8
NFGC-21-119 7.0 15.6
NFGC-21-122 9.2 106.5
NFGC-21-137 7.2 261.3
NFGC-21-143 2.5 16.9
And 8.4 63.7
NFGC-21-182 25.6 146.2
NFGC-21-204 8.1 21.4
And 12.9 14.9
TSX-V: NFG, NYSE-A: NFGC 20KEATS PLAN MAP Keats Highlights
Hole No. Interval Au
(m) (g/t)
NFGC-19-01 19.0 92.9
NFGC-20-18 7.9 24.1
NFGC-20-19 18.9 31.2
NFGC-20-21 18.4 15.8
• High-grade gold now NFGC-20-23
NFGC-20-26
41.4
6.9
22.3
44.5
drill defined over NFGC-20-28 4.1 40.1
NFGC-20-29 16.9 25.0
530m down plunge NFGC-20-30 6.1 10.3
and approximately NFGC-20-32
NFGC-20-34
13.1
2.4
45.3
29.3
300m vertically. NFGC-20-37 10.3 25.0
NFGC-20-38 5.8 19.8
NFGC-20-40A 7.3 19.3
NFGC-20-41 10.4 22.5
• Hole NFGC-21-238 And
NFGC-20-43
15.9
18.2
31.4
10.0
recently returned NFGC-20-45 13.8 28.4
a new footwall And
And
3.3
2.0
20.6
17.1
discovery interval: NFGC-20-46
NFGC-20-52
2.9
2.1
13.7
136.7
88.53 g/t Au over And 14.1 31.5
3.35m. And
NFGC-20-56
5.6
32.3
13.7
6.2
NFGC-20-59 4.7 131.1
And 17.7 124.4
NFGC-20-74 4.1 45.6
• Significant gold NFGC-21-79 7.9 22.7
mineralization also NFGC-21-80
And
39.1
2.3
25.8
41.6
intercepted at Keats NFGC-21-85 3.0 49.4
NFGC-21-87 4.7 27.8
North (200m north NFGC-21-90 3.9 24.5
of Keats) and Cokes NFGC-21-97
NFGC-21-101
6.5
8.5
37.1
17.9
(500m west of NFGC-21-103 3.5 19.3
NFGC-21-104 11.4 29.1
Keats). NFGC-21-105B 2.0 41.8
NFGC-21-118 13.7 61.8
NFGC-21-119 7.0 15.6
NFGC-21-122 9.2 106.5
NFGC-21-137 7.2 261.3
NFGC-21-143 2.5 16.9
And 8.4 63.7
NFGC-21-182 25.6 146.2
NFGC-21-204 8.1 21.4
And 12.9 14.9
0 50 100 200
TSX-V: NFG, NYSE-A: NFGC 21KEATS CROSS SECTION
TSX-V: NFG, NYSE-A: NFGC 22GOLDEN JOINT TO LOTTO
Lotto Highlights
• Targets along this Hole No. Interval Au
(m) (g/t)
approximately 1km Lotto Main:
wide corridor include NFGC-20-17 4.8 41.2
Golden Joint, Golden And 5.2 25.4
Joint HW, Road, Dome, NFGC-20-27 2.0 31.3
Lotto, and Sunday. NFGC-20-44 3.0 38.7
Within 6.5 18.1
• Lotto, Golden Joint, NFGC-20-50 2.1 65.3
NFGC-20-100 2.5 224.7
and Golden Joint HW NFGC-21-109 3.2 51.3
highlights in tables to NFGC-21-115 3.1 53.3
right – infill and step- NFGC-21-201 2.4 683.1
out drilling continuing Within 11.5 150.3
on these targets. NFGC-21-233 2.7 111.4
NFGC-21-278 2.1 15.5
• Drill testing planned for NFGC-21-311 2.8 76.8
Including 1.9 112.5
multiple additional
targets including Dome Golden Joint Zone Highlights
and Road.
Hole No. Interval Au
(m) (g/t)
Golden Joint Main
NFGC-21-171 4.9 10.4
NFGC-21-241 5.3 430.2
Golden Joint HW
NFGC-21-199 2.0 12.7
TSX-V: NFG, NYSE-A: NFGC 23GOLDEN JOINT LONG SECTION
• Golden Joint is a new
discovery area
approximately 1km
north of the Keats
Zone.
• An intercept of 430.2
g/t Au over 5.25m in
hole NFGC-21-241 in
new discovery at
Golden Joint Zone
announced June 30,
2021.
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NFGC 24GOLDEN JOINT PLAN VIEW
• Golden Joint is a new
discovery area
approximately 1km north
of the Keats Zone.
• An intercept of 430.2 g/t
Au over 5.25m in hole
NFGC-21-241 in new
discovery at Golden Joint
Zone announced June 30,
2021.
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NFGC 25LOTTO LONG-SECTION
• Drilling to date at
Lotto has defined a
zone of high-grade
gold mineralization
with good continuity
to a depth of
approximately 130m
and open.
• Mineralization is
hosted in an
approximately 65o
dipping vein filled
structure.
• The mineralization
drilled at Lotto is
interpreted to
display epizonal
features similar to
the high-grade gold
mineralization
encountered Keats.
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NFGC 26LOTTO COMPOSITE CROSS-SECTION
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NFGC 27EXAMPLE HIGH-GRADE MINERALIZATION
Lotto Zone: NFGC-21-100 @ 120.0m Keats Zone: NFGC-19-01 @ 106.5m
Keats Zone: NFGC-20-45 @ 47.5m
TSX-V: NFG, NYSE-A: NFGC 28EXAMPLE HIGH-GRADE MINERALIZATION
Golden Joint Zone: NFGC-21-241 between 207.85m and 213.1m
*Note that these photos are not intended to be representative of gold mineralization in hole NFGC-21-241.
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NFGC 29DRILL TESTING 12.4KM ON JBP FAULT ZONE
High-grade gold system along 12.4km strike length of the JBP
Fault Zone
• Significant opportunity for expansion from the existing zones
along strike and at depth.
• Very few drill holes reach below 100m vertical depth and
significant distances exist between gold zones with no
drilling.
• Most of the drilling has occurred along a 3km segment of
12.8km of prospective JBP structure on the northern part of
the Queensway Project.
2021 drilling at 1744, Pocket Pond and 798
2019 Drilling for H-Pond
• (1744 Zone) NFGC-19-09: 4.39 g/t Au over 9.0m (incl. 17.45
g/t Au over 2.0m).
• (H-Pond Zone) HP-19-05: 6.74 g/t Au over 3.0m.
Significant Historic Drill Intercepts in the H-Pond Prospect
from 2004-2006 (32 Holes)
• HP-04-03: 16.3 g/t Au over 2.4m.
• HP06-35: 12.3 g/t Au over 1.1m.
• HP05-15: 9.79 g/t Au gold over 1.2m.
• HP05-11: 6.91 g/t Au over 1.9m.
Significant Historic Drill Intercepts in the Pocket Pond
Prospect from 2004-2008 (15 Holes)
• HP08-44: 12.4g/t Au over 3.5m.
• HP04-07: 6.63 g/t gold over 1.70m.
TSX-V: NFG, NYSE-A: NFGC 30
• HP08-48: (11.1 g/t Au over 11.9m).REGIONAL
EXPLORATION
• Systematic drilling
underway to test +20km
prospective strike.
• New vectoring methods
are being applied,
developed utilizing
signatures from
discoveries at Keats and
Lotto and regional data
including geophysics
and structural mapping.
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NFGC 31SECTION 4
QUEENSWAY SOUTH
TSX-V: NFG, NYSE-A: NFGC 32GOLD IN TILL
SURVEY
• In 2018 a regional scale
till sampling program
was completed
targeting a 60km strike
length of the southern
extension of the
Appleton and JBP Fault
Zone utilizing a 2km x
2km grid.
• Following up on results
from this work, a
secondary infill gold-in-
till survey was then
completed along a
section of the Appleton
Fault Zone (light blue
area on figure).
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NFG 33GOLD IN TILL
ANOMALIES
• The gold-in-till survey work has
outlined six broad areas of anomalous
in gold in till counts, as shown in red in
figure to the right.
• These anomalies are coincident with
projections of the Appleton and JBP
faults, made based on geophysical
survey work.
• Field work in 2020 focused on the
Eastern Pond anomaly, with results
summarized on next page.
• In 2021 field work is now underway
focused on Eastern Pond and other
identified anomalies.
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NFG 34EASTERN POND
The Eastern Pond target is located approximately
45km south of Queensway North drill program.
• Work to date has yielded very high gold-grain-
in-till counts with high percentages of pristine
gold grains.
• Sub-crop samples have returned grade of up to
15.0 g/t Au.
• 4km of strike defined by till and subcrop
samples and open.
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NFG 35SECTION 5
FOSTERVILLE SWAN ZONE
ANALOG
TSX-V: NFG, NYSE-A: NFGC 36COMPARISON TO FOSTERVILLE SWAN ZONE
1 cm 1 cm 1 cm 1 cm
QUEENSWAY PROJECT FOSTERVILLE MINE QUEENSWAY PROJECT FOSTERVILLE MINE
Left, core from Keats zone, Queensway Project; right, core from the Eagle zone, Left, core from Keats zone, Queensway Project; right, hand specimen from the Eagle
Fosterville Mine. Comparison of intense quartz stock work with relict black shale zone, Fosterville Mine. Comparison of quartz veining displaying relict banding from each
fragments from each deposit. Specks of visible gold are present in quartz veins and their deposit. Dark material at the bottom is relict shaley material. Such banding is probably an
selvages. Gray patches contain fine grained antimony sulfides, boulangerite on left and original texture resulting from open space filling of quartz sulfides and gold at the time of
stibnite on right. deposition. Open space filling is indicative of a shallow level of deposition for both deposits.
TSX-V: NFG, NYSE-A: NFGC 37COMPARISON TO FOSTERVILLE SWAN ZONE
1 cm 1 cm 1 cm 1 cm
QUEENSWAY PROJECT FOSTERVILLE MINE QUEENSWAY PROJECT FOSTERVILLE MINE
Left, core from Keats zone, Queensway Project; right, core from Eagle zone, Left, core from Keats zone, Queensway Project; right, core from Eagle zone, Fosterville Mine.
Fosterville Mine. Comparison of vein quartz displaying numerous vugs, or small Comparison of gray and white quartz vein material with numerous small specks of native gold from
cavities, lined with quartz crystals from each deposit. Native gold is also visible in each deposit. Grey specks are mostly antimony minerals, boulangerite on the left and stibnite on
each sample. Such open space cavities are indicative of a shallow level of the right. Some gray flecks are particles of black shale caught up in quartz. Such fine gold particles
deposition for both deposits. likely formed through rapid precipitation of gold in a shallow epizonal regime within an orogenic
system, an indication of a shallow level of deposition for both deposits.
TSX-V: NFG, NYSE-A: NFGC 38Craig Roberts, P.Eng.
Chief Executive Officer
croberts@newfoundgold.ca
Michael Kanevsky, CPA, CA
TSX-V: NFG NYSE-A: NFGC Chief Financial Officer
mkanevsky@newfoundgold.ca
Stephanie Miller
New Found Gold Corp.
Communications Director
Suite 1430 - 800 West Pender Street
smiller@newfoundgold.ca
Vancouver, BC
+ 1 (910) 406-2407
Canada V6C 2V6
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