New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (June 2021)
35 slides from New Found Gold's investor presentation, June 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 Grade x • Project located on Trans-Canada (m) (g/t) Width (g/t x m) Highway 15km west of Gander, Keats Discovery Newfoundland. NFGC-19-01 19.0 92.9 1,764 NFGC-20-19 18.9 31.2 589 • High-grade, near surface NFGC-20-23 41.4 22.3 923 NFGC-2
Slide 6: Capitalization
CAPITALIZATION Basic Shares Outstanding 152,349,764 Broker Warrants @ $1.30 and $1.50 strike 629,599 Options 15,247,000 Fully Diluted Shares Outstanding 168,226,363 Working Capital $82M Market Capitalization* $1,796M *As of June 15, 2021 @ $11.79/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 High-grade zone drill confirmed Expanded regional till over 465m Completed detailed till Completed a regional Completed airborne program to cover Announces increase at Keats, sampling program scale till survey to gravity to test additional 750 sites / in drilling progr
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 100km of strike on two primary fault GOLD ZONES ALONG 7.8KM OF APPLETON FAULT GOLD ZONES ALONG 12.4KM OF JBP FAULT zones: Appleton and JBP. Gander Lake • Project divided
Slide 12: Geologic Setting
GEOLOGIC 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. • New Found Gold identified this structure for its DOG BAY LINE HBF significant gold potential and consolidated land Greenland Br
Slide 13: Structural Setting
STRUCTURAL SETTING NW SE penetrative mineralized low- fabric displacement faults NW SE NW SE Dog Bay line GRC line TSX-V: NFG | 13
Slide 14: 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 over 100km of strike within this host stratigraphy. Regional Mag-EM Composite TSX-V: NFG | 1
Slide 15: 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 16: Queensway North
QUEENSWAY NORTH S E C T I O N 3 TSX-V: NFG | 16
Slide 17: Appleton & JBP Fault Zones
APPLETON & JBP FAULT ZONES • 200,000m program utilizing eight drills, expanding 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 greywacke identified over 7
Slide 18: Drill Testing 7.8km on Appleton Fault Zone
DRILL TESTING 7.8KM ON APPLETON FAULT ZONE • Drilling continues to test a corridor up to 500m wide along 7.8km of strike along the Appleton Fault Zone. • This corridor encompasses +12 identified high-grade gold targets. • Corridor is covered by thin glacial till and geophysics, gold-in-till geochemi
Slide 19: 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 depth. N • Very few drill holes reach below 100m vertical depth and significant distances exist between g
Slide 20: Current Discoveries & Targets
QUEENSWAY PROJECT SAMPLE LEGEND Drill Core Samples Surface Samples Keats highlights Lotto highlights Channel Samples Interval* Interval* Grab Samples CURRENT Hole No. Au (g/t) Hole No. Au (g/t) (m) (m) NFGC-19-01 19.0 92.9 NFGC-20-17 4.8 41.2 NFGC-20-18 7.9 24.1 And 5.2 25.4 NFGC-20-19 18.9 31.2 NFG
Slide 21: 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 22: Keats Plan Map
Keats Highlights Interval* KEATS PLAN MAP Hole No. NFGC-19-01 NFGC-20-18 (m) 19.0 7.9 Au (g/t) 92.9 24.1 NFGC-20-19 18.9 31.2 NFGC-20-21 18.4 15.8 NFGC-20-23 41.4 22.3 • High-grade now NFGC-20-26 NFGC-20-28 6.9 4.1 44.5 40.1 drill defined over NFGC-20-29 NFGC-20-30 16.9 6.1 25.0 10.3 465m down NFGC-
Slide 23: Lotto Plan Map
LOTTO PLAN MAP Lotto Highlights • High-grade continuity Hole No. Interval* Au (g/t) (m) indicated over +130m NFGC-20-17 4.8 41.2 vertically. And 5.2 25.4 NFGC-20-27 2.0 31.3 NFGC-20-44 3.0 38.7 • Network of secondary, Within 6.5 18.1 generally north-south NFGC-20-50 2.1 65.3 NFGC-20-100 2.5 224.7 st
Slide 24: Lotto Cross-Section 6450N (A-A')
LOTTO CROSS-SECTION 6450N (A-A’) Looking north-east, 20m clipping • NFGC-21-109, NFGC-21-115, and NFGC-21-201 confirm good continuity of high- grade gold mineralization to a vertical depth of approximately 130m. • The veining appears to be broadening and strengthening with depth and drilling to step
Slide 25: Lotto Long-Section (B-B')
LOTTO LONG-SECTION (B-B’) • Step out drilling is continuing to depth and along strike targeting the high- grade trend. 25
Slide 26: Example High-Grade Mineralization
EXAMPLE HIGH-GRADE MINERALIZATION Keats Zone: NFGC-19-01 @ 106.5 m Lotto Zone: NFGC-21-100 @ 120.0m Keats Zone: NFGC-20-45 @ 47.5 m 26
Slide 27: 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 | 27
Slide 28: Queensway South
QUEENSWAY SOUTH S E C T I O N 4 TSX-V: NFG | 28
Slide 29: Gold in Till Survey
N GOLD IN TILL SURVEY • In 2018 an ambitious regional scale till sampling program was completed targeting a 60km strike APPLETON FAULT length of the southern extension of the Appleton and JBP Fault Zone along a 2 x 2km grid. JBP FAULT • A secondary detailed till survey was then completed along a sec
Slide 30: Gold in Till Anomalies
GOLD IN TILL ANOMALIES N • An extensive gold-in-till survey conducted by New Found yielded six large geochemical anomalies. • These anomalies are coincident GOLD ZONES ALONG 12.4KM OF JBP FAULT GOLD ZONES ALONG 7.8KM OF APPLETON FAULT with geophysical projections of the Appleton and JBP faults. Gand
Slide 31: Eastern Pond
N Subcrop Sample Cluster up to 15 g/t Au EASTERN POND 2020 PRELIMINARY TILL RESULTS EASTERN POND Till Sample with 163 Pristine Gold Grains LEGEND PRISTINE GOLD GRAIN COUNT A discovery area 45km south of 0-5 Field of Underwater 6-10 Queensway North drill program. Quartz Boulders 11-15 • Very high gol
Slide 32: Fosterville Swan Zone Analog
FOSTERVILLE SWAN ZONE ANALOG S E C T I O N 5 TSX-V: NFG | 32
Slide 33: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 33
Slide 34: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 34
Slide 35: Craig Roberts, P.Eng. contact
Craig Roberts, P.Eng. croberts@newfoundgold.ca newfoundgold.ca TSX-V: NFG OTC: NFGFF newfoundgold.ca