New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (July 2026)
56 slides from New Found Gold's investor presentation, July 2026
Slide 1: An Emerging Canadian Gold Producer
TSX-V: NYSE-A: aN NEWFOUNDGOLD AN EMERGING CANADIAN GOL) PRODUCER Corporate Presentation — July 2026
Slide 2: Disclaimer
DISCLAIMER NEWFOUNDEOLD Thigpprécentation, and the information contained heroin, has bacn provided to you by New Found Gold Corp. “New Found Gold”, “NFG", “NFGC" or tho “Company") solely fr information purposes. “Write the information conteined inthis presentation is believed to be accurete, Nev Fou
Slide 3: The New Found Gold Advantage
\\ \ \ \\ \\ > Axe © soll in Rela a or EXPERIENCED TEAM OF EXPLORERS, MINE ><A, BUILDERS & OPERATORS (Pine cove man 9 \ | a \. THE NEW FOUND GOLD ADVANTAGE NEWFOUND GOLD oS EMERGING MID-TIER GOLD PRODUCER | FAST-TRACKING QUEENSWAY $220M FINANCE PACKAGE SECURED | FULLY FUNDED TO PRODUCTION QUEENSWAY
Slide 4: Directors & Senior Leadership
DIRECTORS & SENIOR LEADERSHIP New Found Gold has a new board and management team with a successful mine development and operation ay Paul Andre Huet Chair Chad Williams" ay Keith Boyle CEO Dr. Fiona Childe VP Communications & Corporate Development 1 Independent, 2 Lead Director Tamara Brown’? Allen
Slide 5: Capital Structure
\\ — \ \y CAPITAL STRUCTURE NewrouNoGoup i) KEY SHAREHOLDERSS 4) CAPITALIZATION’ Shares - Basic 384.4M Options & RSUs 8.0M ERIC SPROTT 19% Warrants? 16.2M Shares -F.D. 408.6M oa Share Price $2.02 . Market Cap 376M EDGEPOINT 52 Week High/Low $4.89/$1.84 LIBRA aA barth Resource Average Daily Volume ~3
Slide 6: New Found Gold Projects
G New Found Gold Projects PINE COVE MILL | © ieee Permitted mill and tailings facility Baie Verte © Mill % Airport Hub and Spokes Mine Plan: = Trans-Canada Highway - Currently processing 700 tod from Hammerdown — Road / Secondary Highway = Circuit conversion and expansion to 1,400 tpd by H2/27 to ad
Slide 7: Building a Mid-tier Canadian Gold Producer
Queensway Board and jement S 2 [e} 2 o S E G = Building a Mid-tier Canadian Gold Producer () NEWFOUNDGOLD Q3/25 MAE acquisition announced Q4/25 MAE acquisition closed PEA and updated Q1/26 MRE published H2/26E Commercial production Q1/25 Q3/25 Q1/26 Q2/26 Q3/26E Q4/27E 2028E Initial MRE PEA publishe
Slide 8: Queensway Development
QUEENSWAY DEVELOPMENT wewroonoso.n a Queensway Life of Mine Plan 250 ~$155M unlocks average annual production of 172 Koz Au (Years 5-9) 200 50 00 yR1 YR? YRS. yRE mmPhaso1 © mmPhaso2 © ™Phase3 ——=AISC — —®Total grade processed (g/t) AISC" US$/oz Au A Phase 1 initial capital secured Annual Gold Produ
Slide 9: Queensway Leverage to Gold Price
~ QUEENSWAY LEVERAGE TO GOLD PRICE NewrounDoeotD Queensway Offers Queensway PEA: After-Tax Economics High Leverage to Gold Price 8 g 2,000 197% Y¥ 100% of Revenue from Gold v¥ $89MM increase in NPV5o, for each US$100 increase in gold price 1,500 920 831 743 500 0 2,500 2,600 2,700 2,800 2,900 3,000
Slide 10: Creating Value Through Exploration
(ly \ Creating Value Through Exploration’: NEWFOUNDGOLD \ _ \\ / Key Exploration Milestones & Expenditures S Discovery to 2023 2024 Drilling 2025 Drilling? 2026 Drill Program* 2026 Target Overview * Delineation along AFZ, + Resource-definition * +74,000m (614 DDH) * 90,000m program underway mostly <
Slide 11: Well Funded To Advance Queensway To Production
~ Well Funded To Advance Queensway To Production’ NEWrOUnDGoLD 2 Funded to Advance Queensway with Existing Debt Facility, Cash Position & Hammerdown Cashflows Funding Position (C$ million) Based on full draw } © of $105mm_— $23 $341 ' Edgepoint i H Facility ' $19 gortecnacco se neanooe ' — " { CB4am
Slide 12: Location - North American Overview
Location - North American Overview aw >. Legend * Queensway Project ° Cities ey | Borders i) 1,000 2,000 km Located in Newfoundland and Labrador, Canada TT POWERED BY *VRIFY
Slide 13: Location - Newfoundland Overview
areas of excellent access and infrastructure. POWERED BY 1UU KITT Location - Newfoundland Overview ‘The Queensway Project, Hammerdown Operation and Pine cove Operation are located in Central Newfoundland, in a ‘Suc Es, USGS Garin. Es Tom, GBI FAD. NODA. ASS. WEAN ats Canad, Stee Gecgrpine ey 13y Fom
Slide 14: Neighbouring Projects
POWERED BY *VRIFY & 100 km — Neighbouring Projects Legena TL cueensway cor Protect GS |) Mammeraewn ana, eee TD Eauinox Property (1 camera Property 1 canatar Property J) Aumnegs Properry Benton Resources Golden Ridge Property TD evrerty metats Property <> Cities —— Trans-Canada Highway
Slide 15: Queensway Land Package and Appleton Fault
Appleton Fault 7 Jae : JBP Fault ~ rae Queensway: large land package that covers a 110 km strike extent along two two major structures controlling gold mineralization. Located along the Trans Canada highway, 15km west of the town of Gander.
Slide 16: Mineral Resource Area
oré Mineral Resource Area Gredo (rau) inferred Indicated Inforrod VRIES, 4 | is L * ae
Slide 17: Open Pit MRE Block Model
~ Appleton Fault — — y a # 2 oe Open pit MRE block model above a 0.3 g/t Au reporting cut-off grade. Displaying revenue factor 1.0 pit shells. SEVRIEY,, # < ; I J J } Iceberg ad
Slide 18: MRE Block Model at 2.0 g/t Au
Cut-off Grade (g/t) Tonnage Grade Contained Gold (ytAu) (koz) Cut-off Grade (g/t) Tonnage Grade Contained Gola kt) (wt Au) (oz) fective date March 13,2023, Pease S98 anpendixtor table nctas. MRE block model showing indicated and inferred mineral resources at and above 2.0 g/t Au g POWERED BY VRIFY r
Slide 19: Keats & Iceberg Excavations
Keats & Iceberg excavations overlain on MRE block model. Keats excavation mapped & sampled in 2024; Iceberg ‘excavation mapped & sampled in 2025. 2 _—— >
Slide 20: Iceberg Grade Control Drill Results and Channel Sampling
NFGC-25-GC-106 IB-25-01-16: 23.9 g/t Au over 15.12 m ae eon IB-25-01-18 NFGC-25-GC-082 113.0 g/t Au over 2.99 m 43.2 g/t Au over 19.85 m IB-25-01-40: 2 NFGC-25-GC-072 47.4 git Au over 7.36 m 44.4 g/t Au over 21.55 m IB-25-01-10: 3 = j NFGC-25-GC-061 64,8 g/t Au over 6.71 m. 35.4 g/t Au over 21.20 m
Slide 21: Keats Excavation Grade Control Drilling
POWERED BY *VRIFY Keats Excavation Grade Control Drilling NFGC-25-GC-007 104.76 g/t Au over 10.20 m NFGC-25-GC-009 159.92 gjt Au over 10.30 m NFGC-25-GG-012 12.85 gjt Au over 12.85 m NFGC-25-GC-009: 17.09 g/t Au over 11.85 m NFGC-25-GC-003 Assay - Au dt 9.61 g/t Au over 18.05 m Bo5-10 @ 0-30 NFGC-25
Slide 22: Lotto Excavation Channel Sampling
Slide 23: PEA Site Infrastructure and Open Pit Design
i? | a : Pe) fe tos PEA Site Infrastructure and Open Pit Design was POWERED BY « XVRIFY > Be,
Slide 24: UG Infrastructure & Stopes
UG Infrastructure & Stopes Keats South Keats leeberg Dome Lotto k2 Jackpot Underground Development a PEA Underground Infrastructure and Stope Design POWERED BY *VRIFY
Slide 25: Depth Potential
Depth Potential sco prions oenice ones neoe.26-2200, \ oar | Nl ee \\ sangm er eA \\ nege-28-220, soroansuevel sebrat mY, 250m 100m, Queensway Depth Potential POWERED BY *VRIFY
Slide 26: Strike Potential
Strike Potential AFZ Core S¥ = Dropkick: new high-grade results received post MRE cut-off date, located 11km from AFZ Core area Fy POWERED BY
Slide 27: Dropkick Drill Results
POWERED BY *VRIFY Dropkick Drill Results NFGC-25-2624, 1.25 g/t Au over 10.60 m NFGC-25-2403, 4.54 g/t Au /19.00m NFGC-25-2408 NFGC-25-2390: 4.55 g/t Au / 28.55m 20.9 g/t Au /11.10m NFGC-25-2329 NFGC-25-2394- 8.64 g/t Au / 5.65m 8.31 g/t Au / 18.20m NFGC-25-2317 NFGC-25-2411 29.2 g/t Au/9.25m 1.35 g
Slide 28: Appleton Fault Targets
Appleton Fault 2 we ‘The initial MRE sits within a less than 5% portion of the 110 km long strike extent of the two major structures controlling gold mineralization, where numerous additional gold targets have been identified. POWERED BY *VRIFY
Slide 29: Gazeebow South
Gazeebow South | 7
Slide 30: Greenwood Pond
Greenwood Pond < ese Grab Senples - Avot Boss 86 1962 Pauls Pond Trend ~
Slide 31: Hammerdown & Pine Cove Overview
- HAMMERDOWN & PINE COVE OVERVIEW NEWFOUNDLAND St Jonne, TJ Hammerdown Gold Project Trans-Canada Highway © Deposit © Mil Road @ stoc'eR TIGHT | — ® City/Town (@ rw cove PINE COVE 4) 6) Ming Bit saoverey LD Ay Harmenoown ;-{ HAMMERDOWN @)N) _Kings's Point ig “Springdale YY b @ onion }— ne ° 10 20km a
Slide 32: Hammerdown Mine Plan
\\ \ \ ay \\ \ « HAMMERDOWN MINE PLAN NEWFOUNDGOLD » Economics - Base case (US$3,656)? Hammerdown Gold Project Life of Mine Plan! 40 6000 After-tax NPVso, c$199.2M | LOM AISC ($/oz) US$2,429 / oz | Total After-Tax Free Cash Flow C$243.3M | Pr) 4500 2 | 5 > 3 . 8 2 . 2 » a0 At US$5,000 gold price, 3
Slide 33: Hammerdown District Potential
ay ~_ HAMMERDOWN DISTRICT POTENTIAL NEWFoUNDGOLD (@) DEER Cove } (A) STOG’ER TIGHT Road (@) PINE COVE ‘ARGYLE @) {MING MINE Fie) (AN PIEcove vi q HAMMERDOWN |’/ ase WHISKER VALLEY () [ HAMMERDOWN (i) (G@ Hammerdown Gold Project © Deposit @ Prospect / Historic Mine oO Mil — Trans-Canada Highway ® Cit
Slide 34: Hammerdown Resource Expansion Potential
LONG SECTION VIEW (LOOKING NORTH) ‘ HAMMERDOWN DEPOSIT CROSS SECTION VIEW (LOOKING WEST) PINE COVE HISTORIC MINE PRS \ \ HAMMERDOWN RESOURCE EXPANSION POTENTIAL ay NEWFOUNDGOLD SHALLOW RESOURCE GROWTH OPPORTUNITIES | Limited testing below 200 m VD across all advanced target areas OPEN FOR EXPANSION
Slide 35: ie Coe? ae pene
| . : , ie Coe? ae pene ~ Se # B Hommerdewn Gold Project apd i ® Pine Cove Mil ag Fl __| FireFly Metals Property Te K f ‘ : * Sy eae Assets eS ba0> Bites be + Al occurrence cs ee ie — Trang canada Highway POWERED BY *VRIFY
Slide 36: Infrastructure
Infrastructure look Model Class (0) sening ponds WB wrerstzesscctpe z Seater Sookie Hammerdown Deposit Pit -— orgrio toate | | oveuntan StrageFasity ee aes | Ooear \ POWERED BY #*VRIFY
Slide 37: Stog'er Tight Infrastructure
Slide 38: POWERED BY
POWERED BY *VRIFY
Slide 39: POWERED BY
POWERED BY *VRIFY "Block Model Class Breve Infrastructure Sys Bratz stra overture scrape Fatty Gh entre Inferred Please see Appendix for table notes Previously Mined Pit
Slide 40: Deer Cove
POWERED BY *VRIFY Deer Cove Legend (0) ererdonn Gold oct ® voposts @ rreweone Pee “ @ mm . Neighbouring Mines. ee ae L "i i) g Ge fr. Major Fours Ais = wmisker Valley © 014 shovinge Rock Samples (AU g/t) fn oto of a0 Mose Bores <oa
Slide 41: Attractively Positioned
ATTRACTIVELY POSITIONED NEWFOUNDGOLD Production Growth Benchmarked to Peer Group Estimated 2026 Gold Production (koz Au per annum) Market Capitalization (C$ billion) [508 si.2 $2.0 si (saa [2] [15] $8.2 87.9] 260 4 Integra New Found Gold (Phase 1) McEwen Hemlo Wesdome New Found Gold (Phase 2) Orezon
Slide 42: Pathway to Value Creation
ay \ ° Pathway to Value Creation NEWFOUNDGOLD \ \ J \/ \ ? g Pre-MRE Phase | Construction Gouraeel ; Production 3 scale Ongoing Exploration The time to buy... v Fully financed to build Queensway Phase 1 v Development & Permitting Milestones Achieved ra > Queensway _ oe Phase 2&3 v Well-positioned fo
Slide 43: Key Reasons to Invest
ay KEY REASONS TO INVEST NEWFOUNDGOLD EMERGING MID-TIER GOLD PRODUCER | FAST-TRACKING QUEENSWAY EXPERIENCED TEAM OF EXPLORERS, MINE BUILDERS & OPERATORS $220M FINANCE PACKAGE SECURED | FULLY FUNDED TO PRODUCTION TOP MINING JURISDICTION | NEWFOUNDLAND AND LABRADOR, CANADA PROLIFIC PROPERTY PACKAGE |
Slide 44: Contact
/\) NEWFOUNDGOLD NEWFOUNDGOLD CONTACT Fiona Childe | Ph.D., P.Geo. VP, Communications & Corporate Development @) +#1-416-775-2700 / +1-709-722-2984 contact@newfoundgold.ca (in) https://www.linkedin.com/company /newfound-gold-corp
Slide 45: Appendix
APPENDIX
Slide 46: Top Mining Jurisdiction
\ ay TOP MINING JURISDICTION NEWFOUNDGOLD NEWFOUNDLAND & LABRADOR CONSISTENTLY RANKED A TOP MINING JURISDICTION a) GOVERNMENT hers PERMITTING Clear, timely provincial permitting process | Positive recent precedents Mining-supportive | Provincial government goal to build 5 new mines by 2030 & WORKFOR
Slide 47: Queensway Overview
QUEENSWAY OVERVIEW veweo! ogoup Rapid Advancement to Cash Flow + Solid low-cost production profile from year one via a phased mine plan: + Phase 1: Low Initial capital cost ($155 million), builds average annual gold production? of 69.3koz oz Au at an AISC® of US$1,282/oz Au in Years 1 to 4 planned t
Slide 48: Queensway Mineral Resource Estimate
ay -. QUEENSWAY MINERAL RESOURCE ESTIMATE" Mineral Resource Estimate - Queensway (Effective Date: March 15, 2025) Tonnage Contained Gold (kt) (koz) Indicated Inferred Indicated Inferred Indicated Inferred Open Pit Resources Underground Resources Total Notes: 1. CIM (2014) definitions were followed f
Slide 49: Queensway Processing and Recovery
} QUEENSWAY PROCESSING AND RECOVERY newrounogoLD Crushing = Gravit Sulphide Carbon Cyanide y Flotation in Leach “CIL” Detox v v v L Intensive Concentrate Elution/ Leach Reactor Thickening/Filtration Regeneration Phase 1 - Toll Milling Electrowinning ” | “EW"/Gold Room * 1.2Mtin Years 1-5 at an avera
Slide 50: Hammerdown Deposit Updated MRE
\WV > ra Hammerdown Deposit Updated MRE (effective date January 22, 2026) . Tonnage Grade Contained Oz Measured 271 8.24 72 Indicated 1,823 1.96 115 “ Hammerdown'| OpenPit | Total Measured & Zoos ag a Indicated Inferred 973 2.59 81 Hommordonn MRE Notes: 1. Thedineral Resources described above have b
Slide 51: Hammerdown & Orion Block Model (Class)
Hammerdown & Orion Block Model (Class) Hammerdown Pit Orion Pit Block Model Class : © Measured a © ndicatea @ vvterres POWERED BY *VRIFY
Slide 52: Hammerdown Block Model (Class)
Hammerdown Block Model (Class) " Block Model Class @ Measured © incicatea i | Inferred POWERED BY *VRIFY
Slide 53: Historic Underground Stopes
Historic underground stopes were mined at a cutoff grade of 8 g/t Au. Material grading approximately 1.5 - 2 g/t Au was not processed and was utilized as backfill. f Underground Development @ Historical Stopes POWERED BY *VRIFY
Slide 54: Previously Mined Pit
Previously Mined Pit Previously Mined Pit / Proposed Pits Block Model Class @ intered POWERED BY *VRIFY
Slide 55: Hammerdown Life of Mine Model
\\ ay « HAMMERDOWN LIFE OF MINE MODEL’ NEWFOUNDGOLD \V ‘Open pt ROM (004 4078 4206 5979 6529 65) 670) 6500 +28 2501 2490 285 (OP ROM Grado (at Au 219 228 247 249 208 158 185 ant 182 198 187 (OP Gold mined (02 306,593 2607 4178 36,355, 278 ‘err 8,189 27 o 22305 18.185 193508 12534 Us ROM (004 a a a a
Slide 56: Non-GAAP Measures
ay _NON-GAAP MEASURES newrounocoLD Non-GAAP Financial Measures The Companies have included certain non-GAAP financial measures in this presentation, including AISC, cash cost, cash cost per ounce and cash flow. These financial measures are not defined under IFRS and should not be considered in isola