New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (December 2022)
32 slides from New Found Gold's investor presentation, December 2022
Slide 1: Canada's Newest High-Grade Gold Discovery
CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG | NYSE-A: NFGC
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 Company’s plans, including exploration and drill programs at the Company’s Queensway Project in Newfoundlan
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS TIER 1 DISCOVERY - GRADE + SCALE Multiple high-grade, near surface gold discoveries in a district scale property package. GANDER JURISDICTION & INFRASTRUCTURE Newfoundland is rated a top 10 mining jurisdiction by Fraser Institute. QUEENSWAY PROJECT The Queensway Project is loca
Slide 4: Capitalization
CAPITALIZATION $951M $93.5M 185,980,526 Market Cash & Marketable Fully Diluted Capitalization Securities Shares Outstanding As of December 2022 As of December 2022 MANAGEMENT INSTITUTIONAL & INSIDERS & RETAIL 175,377,526 Basic Shares Outstanding 30% * 20% 1% 49% 10,603,000 ERIC *This calculation inc
Slide 5: Drilling Highlights
DRILLING HIGHLIGHTS • New Found drilled its first hole in August of 2019, intercepting 19m of 92.9 g/t Au. Since then, the Company has made multiple high-grade discoveries along a 3km corridor including Keats, Lotto, Golden Joint, and recently announced Keats West and Lotto North. KEATS DISCOVERY GO
Slide 6: Geologic Setting
GEOLOGIC SETTING re BALTICA Main lapatus sutu xis ing a re read t u r Su Tho c sp • The Queensway Project is located along a continental DOG BAY LINE lanti HBF collision margin formed as part of the Appalachian Greenland Britain h At Orogeny – the collision of Laurentia with Gondwana Nort and it’s m
Slide 7: Orogenic Au Environment
ABITIBI BELT HOST TO 100M+ OUNCES OROGENIC AU ENVIRONMENT • Orogenic gold environments form along continental collision margins, where major regional-scale deep-seated structures develop. • These zones are host to magmatism, metamorphism, deformation, and see turbidite sediments unconformably deposi
Slide 8: An Ideal Plumbing System
AN IDEAL PLUMBING SYSTEM • The collision of two continental plates causes progressive compression, folding, faulting, and mineralization of sediments. • This creates an ideal host for high-grade gold mineralization which found a home in displacement accommodation faults. • This is similar to Fosterv
Slide 9: Project Overview
Newly Added 6.1KM PROJECT OVERVIEW of Appleton Fault per November 3, 2022 release The Queensway Project is categorized into North and South, which in total covers 110km of prospective strike length. GOLD TARGETS GOLD TARGETS ALONG 12.4KM QUEENSWAY NORTH QUEENSWAY PROJECT ALONG 9.45KM OF OF JBP FAULT
Slide 10: Queensway North
798 APPLETON FAULT ZONE JBP FAULT QUEENSWAY BIG DAVE 1744 ZONE NORTH ZONE 36 GLASS LOTTO NORTH LOTTO • At Queensway North, the majority DOME LITTLE of drilling has been focused on a ROAD POCKET POND string of high-grade discoveries along GOLDEN JOINT KEATS WEST QUEENSWAY NORTH PROJECT the Appleton F
Slide 11: 3.2km Corridor of Appleton
ZONE 36 E ON TZ 3.2KM AFZ PLAN MAP UL FA Deformation Zone Au Associated Fault Interpreted ON Au Vein ET Trans-Canada Highway LOTTO NORTH PL Greywacke CORRIDOR OF Shale AP Drill Hole BLACK SHALE APPLETON LOTTO 0 250 500m DOME LITTLE • This plan map shows a 3.2km corridor of Queensway North along the
Slide 12: Gold Mineralization in 3D
GOLD MINERALIZATION LOTTO IN 3D LITTLE GOLDEN JOINT LOTTO KEATS NORTH COKES WEST KEATS ROAD NE NORTH LT ZO FAU TO N PLE KEATS AP KEATS TCH SOUTH KNOB TSX-V: NFG, NYSE-A: NFGC | 12
Slide 13: Zooming in on the Keats
KEATS HIGHLIGHTS – MAIN ZONE KEATS WEST Hole No. From (m) To (m) Interval (m) Au (g/t) ZOOMING IN ON NFGC-19-01 96.00 115.00 19.00 92.9 KEATS NORTH Including 105.00 111.00 6.00 285.2 NFGC-20-19 89.65 108.50 18.85 31.2 Including 102.00 107.25 5.25 100.6 NFGC-20-32 118.90 132.00 13.10 45.3 THE KEATS N
Slide 14: Zooming in on Lotto
GREYWACKE ZONE 36 LOTTO ZONE PLAN MAP ZOOMING Deformation Zone Au Associated Fault Interpreted Au Vein Au Grade (g/t) 0.5 – 1.0 1.0 - 3.0 IN ON 3.0 - 10.0 Greywacke >10.0 Shale Drill Hole LOTTO E ON LOTTO NORTH TZ QUEENSWAY N NORTH LOTTO UL FA LOTTO HIGHLIGHTS - LOTTO MAIN e on ne lt Z Hole No. From
Slide 15: Zooming in on Golden Joint
GOLDEN JOINT PLAN MAP Deformation Zone Au Grade (g/t) GREYWACKE Au Associated Fault 0.5 – 1.0 DOME ZOOMING Interpreted 1.0 - 3.0 Au Vein 3.0 - 10.0 Greywacke >10.0 Shale Drill Hole IN ON QUEENSWAY NORTH GOLDEN JOINT N GOLDEN e on ne lt Z Zo au lt nF au PF to ple JB JOINT Ap 0 100 200 m GOLDEN JOINT
Slide 16: 3.4km Long Section
3.4KM LONG SECTION • Plotted on long section, the location of the major discovery zones with the immensity of the overall canvas becomes apparent. • Very little drilling has been done so far targeted at identifying mineralization between and outside of these zones. • The deepest drill hole to date h
Slide 17: Zooming Out to the Appleton North Zone
ZOOMING OUT TO THE APPLETON NORTH ZONE 36 LOTTO NORTH TRENCH 26 SUNDAY • New Found controls 9.45km of the highly prolific Appleton North. LOTTO • Drilling to date has just scratched the surface, with the majority of POWERLINE DOME drilling occurring on the east side of the Appleton Fault, and most L
Slide 18: 400,000m Drill Program
400,000m DRILL PROGRAM 2023 • New Found is about 75% through a fully funded 400,000m drill program • The Company is one of the most active 2022 explorers in North America • With drilling focused along a highly prospective mineralized corridor, discovery 2021 potential is very high 2020 2019 Complete
Slide 19: Keats High-Grade Controls
KEATS HIGH-GRADE CONTROLS This bed is more brittle than the other beds. e wack Gold in the New Found Gold resources occurs in rock that has been grey strongly affected by tectonic forces - leading to a deformed mass that has been able to fracture and break to pipe gold bearing fluids through the roc
Slide 20: Stepping Back Out
798 APPLETON FAULT ZONE JBP FAULT STEPPING BIG DAVE 1744 ZONE BACK OUT ZONE 36 GLASS LOTTO NORTH LOTTO • The majority of drilling to date DOME LITTLE has occurred along the Appleton ROAD POCKET POND Fault Zone. A parallel structure known GOLDEN JOINT KEATS WEST QUEENSWAY NORTH PROJECT as the JBP Fau
Slide 21: Target Development
TARGET DEVELOPMENT • Regional gold-in-till survey work on Queensway South has APPLETON FAULT outlined six broad areas of anomalous gold in till counts, as Gander Lake shown in gold in the figure to the right. JBP FAULT • These anomalies are coincident with projections of the Appleton and JBP faults,
Slide 22: Victorian Goldfields Analog
VICTORIAN GOLDFIELDS ANALOG GEOLOGIC COMPARISON OF VICTORIA GOLDFIELDS AND CENTRAL GOLD BELT, NEWFOUNDLAND Bendigo Gold Belt, Central Gold Belt, • Gold mineralization hosted in middle Australia Newfoundland Ordovician sediments, of sub-greenschist Cambro-Ordovician Middle Ordovician turbidites to gr
Slide 23: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE VICTORIAN GOLDFIELDS ANALOG Comparison of gold mineralization at Queensway to high-grade mineralization samples from the Swan Zone, Fosterville Mine Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from Keats zone, Queensway Project
Slide 24: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE VICTORIAN GOLDFIELDS ANALOG Comparison of gold mineralization at Queensway to high-grade mineralization samples from the Swan Zone, Fosterville Mine Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from Keats zone, Queensway Project
Slide 25: Board of Directors
BOARD OF DIRECTORS Collin Denis Douglas Vijay Douglas Raymond Kettell Laviolette Hurst Mehta Hurst Threlkeld Founder, Chairman & CEO Founder & President Independent Director Independent Director Independent Director Collin is the Chairman & CEO of Over 10 years of experience Geologist with over 30 y
Slide 26: Key People
KEY PEOPLE Ron Greg Michael Melissa Bassam Hampton Matheson, P.Geo. Kanevsky, CPA Render, P.Geo. Moubarak CDO COO CFO V.P. of Exploration Advisor Ron brings over 25 years of project A professional geologist with over A Chartered Professional An exploration geologist with Finance professional with ov
Slide 27: Giga-Shack
GIGA-SHACK New Found is nearing completion on the construction of its new 25,000 square foot ‘Giga-Shack’ which will allow the company to continue to grow its exploration efforts. TSX-V: NFG, NYSE-A: NFGC | 27
Slide 28: Our Home Newfoundland
OUR HOME NEWFOUNDLAND • Newfoundland is rated #8 in the world as a mining jurisdiction by the Fraser Institute. • Newfoundland announced an initiative to build 5 new mines by 2030. • The Province is host to a strong workforce and is very business friendly. • 90% of New Found’s 180 employees and cons
Slide 29: Contact
Collin Kettell Michael Kanevsky, CPA, CA Bella Carter Chief Executive Officer Chief Financial Officer Investor Inquiries ckettell@newfoundgold.ca mkanevsky@newfoundgold.ca bella@newfoundgold.ca New Found Gold Corp. + 1 (845) 535-1486 Suite 1430 - 800 West Pender Street Vancouver, BC Canada V6C 2V6 T
Slide 30: Appendix
APPENDIX
Slide 31: Keats Cross-Sections
B B’ NW SE KEATS CROSS-SECTIONS 8A 18 3 -2 74 64 9 48 0 5 1- 13 14 GC -4 14 NF 1-4 2- -2 1- 1- 1- NF 22 -2 GC -2 -2 -2 - GC GC GC NF GC GC -100 NF NF NF NF KEATS CROSS SECTION MAP NFGC-21-145 21.29 gpt Au / 2.50m Drill Holes Au Grade (g/t) BLACK Current Assays Reported 0.5 - 1.0 SHALE Assay Results
Slide 32: District Scale
ST.JOHN'S GIGASHACK GOLDEN JOINT GANDER 95% of Workforce is from Newfoundland LOTTO APPLETON 80% is Hydroelectric of Power to Site High-grade nature of mineralization suggests low impact mining techniques are possible KEATS DISTRICT SCALE JBP FA UL T AP PL ET ON 2 Major Gold Newfoundland FA Growth D
New Found Gold — Investor Presentation (December 2022) on 6ix