New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (October 2020)
36 slides from New Found Gold's investor presentation, October 2020
Slide 1: Canada's Newest High-Grade Gold Discovery
CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG OTC: NFGFF
Slide 2: Disclaimer
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 bel
Slide 3: Contents
CONTENTS Section 1 04 INTRODUCTION Section 2 07 CORPORATE OVERVIEW Section 3 12 QUEENSWAY PROJECT OVERVIEW Section 4 20 QUEENSWAY NORTH Section 5 24 QUEENSWAY SOUTH Section 6 28 CURRENT DRILLING AUGUST-OCTOBER 2020 Section 7 33 FOSTERVILLE SWAN ZONE ANALOG TSX-V: NFG | 3
Slide 4: Introduction
S E C T I ON 1 INTRODUCTION TSX-V: NFG |-4- 4
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS • An unexplored district scale 1,500km2 land package within the highly prospective Central Newfoundland Gold Belt • Similar geologic setting to the Fosterville Mine, Victoria Goldfields • 105km of untested strike length with multiple targets • 100,000m of drilling now underway
Slide 6: Gold Multiple High-Grade Targets
95 QUEENSWAY PROJECT SAMPLE LEGEND 00 N Drill Core Samples Surface Samples Channel Samples 90 00 N Grab Samples GOLD MULTIPLE e on 85 00 lt Z N au HIGH-GRADE TARGETS nF to 80 00 ple N Ap ZONE 36 2 New Veins Exposed over 75 100m Strike Length in 2020 00 N LOTTO ZONE • The first modern exploration at
Slide 7: Corporate Overview
S E C T I ON 2 CORPORATE OVERVIEW TSX-V: NFG |-7- 7
Slide 8: Capitalization
Current Ownership CAPITALIZATION 33% Basic Shares Outstanding 142,552,138 Broker Warrants @ $1.30 and $1.50 strike 935,725 Options 14,020,000 18% Eric Sprott Fully Diluted Shares Outstanding 156,955,956 Working Capital^ $75.2M Market Capitalization* $429M 11% ^Working Capital includes 6,944,444 Novo
Slide 9: Leadership Team
LEADERSHIP TEAM Collin Kettell Craig Roberts, P.Eng. Denis Laviolette Dr. Quinton Hennigh, Ph.D. John Anderson Founder & Executive Chairman CEO & Director Founder & President Director Director Collin is the Founder & Executive Mining engineer with over Over 10 years of experience Economic geologist
Slide 10: Key People and Advisors
KEY PEOPLE AND ADVISORS Greg Matheson, P.Geo. Michael Kanevsky, CPA Ken Rattee Cal Everett, B.Sc. Paul Matysek, M.Sc. Bassam Moubarak COO CFO V.P. Exploration Advisor Advisor Advisor A professional geologist with A Chartered Professional Over 36 years’ experience Geologist with more than Serial entr
Slide 11: History / Exploration Timeline
HISTORY / EXPLORATION TIMELINE Nov 2019 FEB 2018 JUL 2017 NOV 2016 2016-2017 Completed a Completed a Completed a Completed Completed 1,950m diamond regional scale property wide detailed till 9 separate drilling program till survey to VTEM magnetic sampling property at JBP and sample over and EM surv
Slide 12: Queensway Project Overview
S E C T I ON 3 QUEENSWAY PROJECT OVERVIEW TSX-V: NFG | -12- 12
Slide 13: Location
LOCATION • The Queensway project is located QUEENSWAY NORTH on the Trans-Canada Highway, a NEWFOUNDLAND HELICOPTER BASE TRANS-CANADA HIGHWAY GANDER INTERNATIONAL AIRPORT 15-minute drive west of Gander, TOWN OF APPLETON TOWN OF GANDER Newfoundland. 138Kv Hydro NFGC-19-01 • The 5km target strike of Ap
Slide 14: The Dog Bay Suture Host to Large Gold Deposits
THE DOG BAY SUTURE HOST re BALTICA Main lapatus sutu TO LARGE GOLD DEPOSITS axis g adin t u re r Su spre T h o • The Dog Bay Line (DBL) is a significant suture DOG BAY LINE c lanti HBF Britain formed at the closing of the Iapetus Ocean and Greenland h At can be found on both sides of the Atlantic Oc
Slide 15: Comparison to Bendigo/Fosterville
COMPARISON TO BENDIGO/FOSTERVILLE • While no two mineral systems are ever Comparable Features Bendigo Gold Belt, Australia Central Gold Belt, Newfoundland identical, there is strong evidence to Cambro-Ordovician suggest the Central Newfoundland Host Lithology to Devonian turbidites Middle Ordovician
Slide 16: Comparison to Bendigo / Fosterville
COMPARISON TO BENDIGO / FOSTERVLLE The Bendigo Analog – Victoria State, Australia NW SE penetrative mineralized fabric low-displacement faults NW SE NW SE Dog Bay line GRC line increasing slip on decollement slip on decollement oceanic crust oceanic crust oceanic crust Progressive compression, foldi
Slide 17: Project Overview
N PROJECT OVERVIEW • The Queensway project (151,030 GOLD ZONES ALONG 5KM OF APPLETON FAULT GOLD ZONES ALONG 3KM OF JBP FAULT hectares, 151km²) covers more than 105km of strike on two primary fault Gander zones, Appleton and JBP. Lake • The project is divided by Gander Lake into Queensway North and Q
Slide 18: District Scale Project
DISTRICT SCALE PROJECT • Prospecting, geological surveys and gold mineralization reports did not begin in Newfoundland until the late 1980’s • The first gold showing in Central Newfoundland was recorded in the early 1980’s • The Central Newfound Gold Belt is only now in the discovery phase and despi
Slide 19: Current 100,000m Exploration Program
CURRENT 100,000M EXPLORATION PROGRAM • Substantial follow up drilling around prior high grade Phase 1 Item Units Total intersections, some close spaced to define high grade Drilling 25,000 $4,500,000 epizonal gold mineralization Prospecting/Mapping $300,000 • Drill testing of traditionally generated
Slide 20: Queensway North
S E C T I ON 4 QUEENSWAY NORTH TSX-V: NFG | -20- 20
Slide 21: Queensway North: Appleton and JBP Fault Zones
QUEENSWAY NORTH: N APPLETON AND JBP FAULT ZONES The Queensway Project covers two prominent NE trending H POND faults that cross the property which are the vital fluid LOTTO 3 Km conduits allowing for the formation of gold deposits. DOME POCKET POND The two fault zones are geologically best defined i
Slide 22: Appleton Fault Zone Overview
95 QUEENSWAY PROJECT SAMPLE LEGEND 00 N Drill Core Samples Surface Samples Channel Samples 90 00 N Grab Samples QUEENSWAY NORTH: e on 85 00 lt Z N APPLETON FAULT ZONE au nF to 80 00 ple OVERVIEW N Ap ZONE 36 2 New Veins Exposed over 75 100m Strike Length in 2020 00 N TRENCH 26 LOTTO ZONE 41.2 g/t Au
Slide 23: JBP Fault Zone Overview
QUEENSWAY NORTH: JBP FAULT ZONE OVERVIEW o ne tZ High grade gold system along 3km strike length l Fau N of the JBP Fault Zone 798 g/t Au Boulder JBP • Significant opportunity for expansion from the existing zones along strike and at depth • Very few drill holes reach below 100m vertical depth and si
Slide 24: Queensway South
S E C T I ON 5 QUEENSWAY SOUTH TSX-V: NFG | -24- 24
Slide 25: Gold in Till Survey
N QUEENSWAY SOUTH: GOLD IN TILL SURVEY APPLETON FAULT JBP FAULT • In 2018 an ambitious regional scale till sampling program was completed targeting a 60 Km strike Gander Southern Extension Lake length of the southern extension of the Appleton and of Faults JBP Fault Zone along a 2 x 2 km grid • A se
Slide 26: Gold in Till Anomalies
N GOLD IN TILL ANOMALIES • The extensive gold in till survey GOLD ZONES ALONG 3KM OF JBP FAULT yielded six large gold in till GOLD ZONES ALONG 5KM OF APPLETON FAULT anomalies Gander • These gold in till anomalies are Lake coincident with the Appleton and JBP fault projections • 2020 Queensway South
Slide 27: Eastern Pond
N Subcrop Sample Cluster up to 15 g/t Au EASTERN POND 2020 PRELIMINARY TILL RESULTS EASTERN POND LEGEND Till Sample with 163 Pristine Gold Grains Pristine Gold Grain Count • A recent discovery area 45 Field of Underwater 0-5 6-10 km south of Queensway Quartz Boulders 11-15 North drill program 16-25
Slide 28: Current Drilling August - October 2020
S E C T I ON 6 CURRENT DRILLING AUGUST - OCTOBER 2020 TSX-V: NFG | -28- 28
Slide 29: Keats Zone Drilling
KEATS ZONE KEATS/COKES ONE DRILLING ZONE 48 00 ULT Z N 55 E FA 00 N DISTAL HOLE SELIN 47 TO TEST CHARGEABILITY 0 0N ON STRIKE S BA • Two drills are now at Keats following up on the CHARGEABLE ZONE 54 00 = N 2 HOLES BASELINE FAULT EXT KEAT intercept of 19.0m of 92.9 g/t Au starting at 96m 46 PLANNED
Slide 30: Keats Zone NFGC-19-01 High Grade Gold Intercept
KEATS ZONE NFGC-19-01 HIGH GRADE GOLD INTERCEPT • Several hundred grains/pieces of visible Keats/Baseline 2019 Drilling Nov 2019 Drill Hole NFGC-19-01 @ 106.5m gold were intercepted over a 17m interval in NFGC-19-01 • Intercept is approximately 50m below historic drilling • Intercept is only vertica
Slide 31: New Lotto Zone Discovery
QUEENSWAY NORTH: NEW LOTTO ZONE DISCOVERY • Hole NFGC-20-17 intersected: 41.2 g/t Au over 4.75m starting 35m down hole and LG99-07 25.4 g/t Au over 5.15m starting 57m down hole. 91.2 g/t Au over 2.3m LOTTO-DOME REGIONAL MAP • NFGC-20-17 was collared close to a shorter, small New Appleton Footwall Zo
Slide 32: New Lotto Zone Discovery
QUEENSWAY NORTH: NEW LOTTO ZONE DISCOVERY 95 • At Keats the primary high-grade target occurs 00 N QUEENSWAY PROJECT along the Keats Baseline fault, a secondary SAMPLE LEGEND structure that parallels the Appleton fault 90 00 Drill Core Samples N 200m east of the main Appleton fault. Surface Samples C
Slide 33: Fosterville Swan Zone Analog
S E C T I ON 7 FOSTERVILLE SWAN ZONE ANALOG TSX-V: NFG | -33- 33
Slide 34: Comparison to the Fosterville Swan Zone
COMPARISON TO THE FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from the Keats zone, Queensway Project; right, core from the Eagle Left, core from the Keats zone, Queensway Project; right, hand specimen from zone, Fosterville Mine. Comparison
Slide 35: Comparison to the Fosterville Swan Zone (Continued)
COMPARISON TO THE FOSTERVILLE SWAN ZONE (CONTINUED) 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, core from the Eagle zone, Fosterville Mine.
Slide 36: Craig Roberts
Craig Roberts croberts@newfoundgold.ca newfoundgold.ca TSX-V: NFG | OTC: NFGFF
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