New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (September 2026)
58 slides from New Found Gold's investor presentation, September 2026
Slide 1: An Emerging Canadian Gold Producer
TSX/ NYSE-A: aN NEWFOUNDGOLD AN EMERGING CANADIAN GOL) PRODUCER Corporate Presentation —- September 2026
Slide 2: Disclaimer
DISCLAIMER NEWFOUNDEOLD Thigprécentation, and the information contained herein, has been provided to you by New Found Gold Corp. (“New Found Gold”, “NFGC" or the “Compary”) solely for information purposes. “Write the information conteined inthis presentation is believed to be accurete, Nev Found Gol
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
\\ \ ~ CAPITAL STRUCTURE NEWFOUNDGOLD —_ i) KEY SHAREHOLDERSS 4) CAPITALIZATION’ Shares - Basic 385.7M ERIC SPROTT Options, RSUs & DSUs 10.6M 19% Warrants? 14.9M Shares -F.D. 411.2M Sire) Share Price $2.37 ; Market Cap $914M EDGEPOINT 52 Week High/Low $4.89/$1.88 LIBRA = WM Earth Resource Average Da
Slide 6: Well Funded To Advance Queensway To Production
Well Funded To Advance Queensway To Production NewrouNbGotw Funded to Advance Queensway with Existing Debt Facility, Cash Position & Hammerdown Cashflows’ Funding Position (C$ million) $73 $321 : ($155) $19 $35 $229 rT . so | F2 2026 and ear 2 PEAFCF - ($61) $85 Cash& EdgePoint Cash&Credit ITMWarran
Slide 7: Key Assets
\Y KEY ASSETS uewron peoun D a = =—oe STOG’ER TIGHT A) ([G@ New Found Gold Projects ©® Deposit © Mill % Airport —= Trans-Canada Highway — Road / Secondary Highway © City/Town PINE COVE MILL Permitted mill and tailings facility Hub and Spokes Mine Plan: - Currently processing 700 tpd from Hammerdown
Slide 8: 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 9: 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 10: 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 11: Location - North American Overview
Location - North American Overview “as he) 1,000 2,000 km Located in Newfoundland and Labrador, Canada POWERED BY *VRIFY Legend +k New Found Gold Projects © Cities [__) Borders
Slide 12: Location - Newfoundland Overview
Location - Newfoundland Overview Hammerdown and Pine Cove Operations © Cities ‘The Queensway Project, Hammerdown Operation and Pine cove Operation are located in Central Newfoundland, in areas of excellent access and infrastructure. rN 4 wu KT Las POWERED BY *VRII ‘Seuss Es S68 Es Garin. ETT, GaN, F
Slide 13: Neighbouring Projects
Neighbouring Projects Logena TE cucenereny cota Protect eee O TD euinox Property (1 cancerra Property 1 canatar Property J) Aunnegs Property Benton Resources Golden Riage Property Dever ty metats Property <> Cities — ‘Trans-Canada Highway N P: ud we oO f Sse aI i= omer nea SORTA UEOS KEK Bisa oranec
Slide 14: Queensway Land Package and Appleton Fault
Appleton Fault # ran RT Say 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. — : pune ower POWERED BY *VRIFY
Slide 15: Mineral Resource Area
or Mineral Resource Area Catogory Tonnags Grado Containod Gold (ay gt au) Indicated Inforrod AFZ Core area showing initial MRE, MRE block model and PEA pit outlines Ae sea %VRIFYS 7 tages 4
Slide 16: Block Model Grade Au g/t
Block Model Grade Au g/t a Ap pleton Fault E ir P SES earn ean = f - al p oil sf ; | re ue le ae - RED BY t YY OEVRIFY, * Open pit MRE block model above a 0.3 g/t Au reporting cut-off grade. Displaying revenue factor 1.0 pit shells.
Slide 17: AFZ Core Mineral Resource
AFZ Core Mineral MRE block model showing indicated and inferred mineral resources at and above 2.0 g/t Au POWERED BY #*VRIFY & g a SSS ARS >2 g/tAu Cut-off Grade (g/t) Tonnage Grade Contained Gold (ytAu) (koz) Cut-off Grade (g/t) Tonnage Grade Contained Gole kt) (wt Au) (Koz) fective date March 18,2
Slide 18: Keats & Iceberg Excavations
Keats & Iceberg excavations overlain on MRE block model. Keats excavation mapped & sampled in 2024; Iceberg ‘excavation mapped & sampled in 2025. . _——_ o x
Slide 19: 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 20: 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 21: Lotto Excavation Results
LT 25 0130 2.21 g/t Au over 16.36 m LT-25-01-27 23.7 g/t Au over 15.88 m LT-25-01-31 3.33 g/t Au over 12.83 m Lotto Excavation Results POWERED BY *VRIFY
Slide 22: PEA Site Infrastructure and Open Pit Design
eal a } i a oe tos PEA Site Infrastructure and Open Pit Design sa POWERED BY <i ; *VRIFY a : fh /
Slide 23: 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 24: Queensway 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 25: Strike Potential
Strike Potential Pistachio AFZ Core eens = ’ Dropkick: new high-grade results received post MRE cut-off date, located 11km from AFZ Core area ) Fy POWERED BY fl
Slide 26: 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 27: Initial MRE Within Less Than 5% of Strike Extent
‘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 28: AFZ Peripheral
re | AFZ Peripheral b
Slide 29: Pauls Pond Trend
‘inh seples Ast e's © ores 4 ens Pauls Pond Trend a Dee Greenwood Pond NFGC-Q5-24-88 '] nrec-gs-24-09
Slide 30: 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 31: Hammerdown Mine Plan
\\ \ | ay \\ } ., HAMMERDOWN MINE PLAN NEWFOUNDGOLD > Hammerdown Gold Project Life of Mine Plan’ Economics - Base case (US$3,656)? | 40 6000 After-tax NPVso, C$199.2M | LOM AISC ($/oz) US$2,429 / oz 3° =) Total After-Tax Free Cash Flow C$243.3M = o & 2 4 y 3 3 . 2 » a0 3 At US$5,000 gold price, 3 A
Slide 32: Hammerdown & Pine Cove Overview
\ ay \ HAMMERDOWN & PINE COVE OVERVIEW NEWFOUNDGOLD TF Hammerdown Gold Project th HUB AND SPOKE MINE STRATEGY ° al Canada Highway 3 deposits - Hammerdown, Orion and Stog’er Tight - Road centered around the Company’s Pine Cove Mill @ STOG’ER TIGHT @ City/Town PINE COVE ) NEWFOUNDLAND Gonecove) bia) T
Slide 33: Hammerdown Gold Project Map
é: « we Coe? « Se Id i] ammerdou Go Project @) cf FireFly Metals Property * New Found Gold Assets P oa y, 4, O , Cities» "5 Aldoccurrence oy reas = foods” a — Trans-Canada Highway Bo y POWERED BY *VRIFY cr Tight Deposit
Slide 34: Infrastructure
Infrastructure ‘Block Mode! Class 0) sening ponds WD wreratzea sooty z Sete: Sookie Hammerdown Deposit Pit -—orgrio toate | | oveuntan Stro9eFasity a aes | Underaroune | _ladieeed = . POWERED BY #*VRIFY
Slide 35: Pine Cove Infrastructure
Slide 36: Hammerdown Gold Project Land Package
Slide 37: Infrastructure and Block Model Class
POWERED BY #*VRIFY "Block Model Class. Breve Infrastructure ee WB eerstze stra overture scrape Fatty Gh eerste tet ve date Janury 22, 2028). Inferred 2.16 Please see Appendix for table notes Previously Mined Pit
Slide 38: Deer Cove and Whisker Valley Prospects
POWERED BY *VRIFY 4 Deer Cove Legend (0) renmerdonn ld Piet ® voposts ek @ rovers “ @ vas Oy -- Orem a eae Major Fautts: sg Whisker Valley _» @ cola shovrines Rock Samples (Au g/t) *. oto of 3-0 @os-2 Boros <oa
Slide 39: 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 40: 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 41: 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 42: Hammerdown Block Model (Class)
Hammerdown Block Model (Class) " Block Model Class @ Measured © incicatea i | Inferred POWERED BY *VRIFY
Slide 43: 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 44: Previously Mined Pit and Proposed Pits
Previously Mined Pit Previously Mined Pit / Proposed Pits Block Model Class @ intered POWERED BY *VRIFY
Slide 45: 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 46: Pathway to Value Creation
\ Pathway to Value Creation Phase | Construction scale Ongoing Exploration > Queensway Phase 1 EPR submission Camy Vv rf Pre-MRE H fos The time to buy... v Fully financed to build Queensway Phase 1 v Development & permitting milestones achieved v Well-positioned for production in a strong gold price
Slide 47: 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 48: 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 49: Appendix
APPENDIX
Slide 50: Queensway Development Schedule
QUEENSWAY DEVELOPMENT SCHEDULE NEW GOLD 2027 2028 2029 2030 2031 Q Q2 Q3 Qa Qi Q2 Qs Qs Qi Q2 Qs Q4 Q1 Q2 Qs a4 Q1 Q2 Qs Q4 Qi Q2 Q3 Qa GEOLOGY ENGINEERING ENVIRONMENTAL 2026 90,000 m drill program underway WSP commenced Phase | EPCM Baseline studies complete 55% Project Focus; 45% Discovery & Site
Slide 51: 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 52: Queensway Overview
QUEENSWAY OVERVIEW vewro ocoun 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 to
Slide 53: 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 for
Slide 54: Queensway Processing and Recovery
} QUEENSWAY PROCESSING AND RECOVERY nEWFoUNDGOLD 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 55: 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 56: Outstanding Warrant Summary
\ ay \\, OUTSTANDING WARRANT SUMMARY NEWFOUNDGOLD Expiry Date Number of Underlying Shares Exercise Price (CAD $) Proceeds (CAD$M) 2027-04-09 9,403,636 $1.6000 $15,045,818 2027-04-09 150,000 $1.0000 $150,000 2027-07-17 363,233 $1.5067 $547,271 2027-09-11 2,488,030 $0.6667 2029-05-15 $1,658,687 $8,216
Slide 57: Hammerdown Life of Mine Model
\\ ay « HAMMERDOWN LIFE OF MINE MODEL’ NEWFOUNDGOLD V \ \ a ‘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
Slide 58: Non-GAAP Measures
ay _NON-GAAP MEASURES newsounoGoLD 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 International Financial Reporting Standard
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