New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (September 2021)
37 slides from New Found Gold's investor presentation, Sep 8, 2021
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 CORPORATE OVERVIEW Section 2 11 QUEENSWAY PROJECT OVERVIEW Section 3 16 QUEENSWAY NORTH Section 4 27 QUEENSWAY SOUTH Section 5 31 FOSTERVILLE SWAN ZONE ANALOG TSX-V: NFG | 3
Slide 4: Corporate Overview
CORPORATE OVERVIEW S E C T I O N 1 TSX-V: NFG | 4
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS Drilling highlights Hole No. Interval Au Hole No. Interval Au • Project located on Trans- (m) (g/t) (m) (g/t) Canada Highway 15km west of Keats Zone Lotto Zone Gander, Newfoundland. 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 • Drilling advancing
Slide 6: Capitalization
CAPITALIZATION Basic Shares Outstanding 158,701,028 Broker Warrants @ $1.30 and $1.50 strike 73,585 Options 14,465,250 Fully Diluted Shares Outstanding 173,239,863 Working Capital $115M Market Capitalization* $1,406M *As of September 7, 2021 @ $8.93/share TSX-V: NFG | 6
Slide 7: Leadership Team
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 Mining engineer with over 30 Over 10 years of experience in Economic geologist w
Slide 8: 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 in Geologist with more than Serial e
Slide 9: History / Exploration Timeline
HISTORY / EXPLORATION TIMELINE Expanded regional till High-grade Completed detailed till Completed a regional Completed airborne program to cover Announces increase zone drill sampling program scale till survey to gravity to test additional 750 sites / in drilling program to confirmed covering the J
Slide 10: Project Overview
PROJECT OVERVIEW S E C T I O N 2 TSX-V: NFG | 10
Slide 11: Project Overview
N PROJECT OVERVIEW • Located on the Trans-Canada Highway, 15km west of Gander, Newfoundland. • 1,510km² project covering more than TARGETS ALONG 7.8KM OF APPLETON FAULT TARGETS ALONG 12.4KM OF JBP FAULT 100km of strike on two primary fault Gander zones: Appleton and JBP. Lake • Project divided by Ga
Slide 12: Queensway North
QUEENSWAY NORTH • 200,000m program ongoing on Queensway North utilizing nine drills, planned increase to 10. • 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 greyw
Slide 13: Geologic Setting
GEOLOGIC SETTING • The Dog Bay Line (DBL) is a significant suture BALTICA formed at the closing of the Iapetus Ocean and can be found on both sides of the Atlantic Ocean. DOG BAY LINE • New Found Gold identified this structure for its HBF Britain Greenland significant gold potential and consolidated
Slide 14: Structural Setting
STRUCTURAL SETTING NW SE penetrative mineralized low- fabric displacement faults NW SE NW SE Dog Bay line GRC line TSX-V: NFG | 14
Slide 15: Project Geology
PROJECT 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 105km of strike within this host stratigraphy. Regional Mag-EM Composite TSX-V
Slide 16: Geology & Mineralization
GEOLOGY & MINERALIZATION Comparable Features Bendigo Gold Belt, Australia Central Gold Belt, Newfoundland • Gold mineralization hosted in middle Ordovician sediments, of sub-greenschist to Cambro-Ordovician to Middle Ordovician turbidites Devonian turbidites greenschist metamorphic grade. Host Litho
Slide 17: Queensway North
QUEENSWAY NORTH S E C T I O N 3 TSX-V: NFG | 17
Slide 18: Appleton Fault Zone
APPLETON 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 2km of strike on the AFZ. • This corridor encomp
Slide 19: Keats to Lotto 2km Long Section
KEATS TO LOTTO 2KM LONG SECTION Keats Zone Highlights Lotto Highlights Golden Joint Zone Highlights Hole No. Interval Au • Keats high-grade zone now Hole No. Interval Au Hole No. Interval* Au (g/t) (m) (g/t) (m) drill defined 465m down (m) (g/t) Lotto Main: Golden Joint Main: NFGC-19-01 19.0 92.9 pl
Slide 20: Keats Long Section
KEATS LONG SECTION Highlight Intervals Hole Interval* Au Hole Interval* Au (m) (g/t) (m) (g/t) 19-01 19.0 92.9 20-56 32.3 6.2 20-18 7.9 24.1 20-59 4.7 131.1 20-19 18.9 31.2 And 17.7 124.4 20-21 18.4 15.8 20-74 4.1 45.6 20-23 41.4 22.3 21-79 7.9 22.7 20-26 6.9 44.5 21-80 39.1 25.8 20-28 4.1 40.1 And
Slide 21: Keats Plan Map
Keats Highlights KEATS PLAN MAP Hole No. NFGC-19-01 Interval* (m) 19.0 Au (g/t) 92.9 NFGC-20-18 7.9 24.1 • High-grade gold now drill defined NFGC-20-19 NFGC-20-21 18.9 18.4 31.2 15.8 over 465m down plunge and NFGC-20-23 41.4 22.3 NFGC-20-26 6.9 44.5 approximately 200m vertically. NFGC-20-28 4.1 40.1
Slide 22: Golden Joint to Lotto
GOLDEN JOINT TO LOTTO Lotto Highlights Interval* • Targets along this 1km corridor Hole No. (m) Au (g/t) include Golden Joint, Golden Joint Lotto Main: NFGC-20-17 4.8 41.2 HW, Road, Dome, Lotto, and And 5.2 25.4 Sunday. NFGC-20-27 2.0 31.3 NFGC-20-44 3.0 38.7 • Lotto, Golden Joint, and Golden Within
Slide 23: Golden Joint Long Section
GOLDEN JOINT LONG SECTION • 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. • Golden Joint is a new discovery area approximately 1km north of the Keats Zone. • Follow up drilling at Golden Joint is ongoing. *Note that the hos
Slide 24: Lotto Long-Section
LOTTO 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 t
Slide 25: Lotto Composite Cross-Section
LOTTO COMPOSITE CROSS-SECTION Looking north, 325m clipping 25
Slide 26: Example Mineralization
EXAMPLE MINERALIZATION Keats Zone: NFGC-19-01 @ 106.5m Lotto Zone: NFGC-21-100 @ 120.0m Keats Zone: NFGC-20-45 @ 47.5m 26
Slide 27: Example Mineralization
EXAMPLE MINERALIZATION Golden Joint Zone: NFGC-21-241 between 207.85 and 213.1m
Slide 28: Drill Testing 12.4km on JBP Fault Zone
DRILL 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 N depth. • Very few drill holes reach below 100m vertical depth and significant distances 798 g/t Au Boul
Slide 29: Regional Exploration
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. TSX-V: NFG | 29
Slide 30: Queensway South
QUEENSWAY SOUTH S E C T I O N 4 TSX-V: NFG | 30
Slide 31: Gold in Till Survey
N GOLD IN TILL SURVEY APPLETON FAULT • In 2018 a regional scale till sampling program was completed targeting a JBP FAULT 60km strike length of the southern extension of the Appleton and JBP Fault Zone utilizing a 2km x 2km grid. Gander Southern Extension of Lake • Following up on results from this
Slide 32: Gold in Till Anomalies
GOLD IN TILL ANOMALIES N • 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. GOLD ZONES ALONG 7.8KM OF APPLETON FAULT GOLD ZONES ALONG 12.4KM OF JBP FAULT • These anomalies are coincident with Gander Lake projection
Slide 33: Eastern Pond
N Subcrop Sample Cluster up to 15 g/t Au EASTERN EASTERN POND 2020 PRELIMINARY TILL RESULTS POND The Eastern Pond target is LEGEND Till Sample with 163 located approximately 45km Pristine Gold Grains PRISTINE GOLD GRAIN COUNT south of Queensway North drill Field of Underwater 0-5 6-10 program. Quart
Slide 34: Fosterville Swan Zone Analog
FOSTERVILLE SWAN ZONE ANALOG S E C T I O N 5 TSX-V: NFG | 34
Slide 35: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 35
Slide 36: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 36
Slide 37: TSX-V: NFG OTC: NFGFF
newfoundgold.ca TSX-V: NFG OTC: NFGFF newfoundgold.ca
New Found Gold — Investor Presentation (September 2021) on 6ix