New Found Gold Corp · TSX:NFGC
New Found Gold — Corporate Update (June 2026)
111 slides from New Found Gold's corporate update, Jun 15, 2026
Slide 1: An Emerging Canadian Gold Producer
AN EMERGING CANADIAN GOLD PRODUCER Investor Site Visit – June 15-17, 2026 Queensway Gold Project
Slide 2: Disclaimer
DISCLAIMER This presentation, and the information contained herein, has been provided to you by New Found Gold Corp. (“New Found Gold”, “NFG”, “NFGC” or the “Company”) solely for information purposes. While the information contained in this presentation is believed to be accurate, New Found Gold exp
Slide 3: Corporate Overview
CORPORATE OVERVIEW KEITH BOYLE, CEO
Slide 4: The New Found Gold Advantage
THE NEW FOUND GOLD ADVANTAGE EMERGING GOLD PRODUCER | STRONG GOLD PRICE ENVIRONMENT FASTRACKING PRODUCTION | DERISKING QUEENSWAY TOP 10 JURISDICTION1 | NEWFOUNDLAND CANADA EXPERIENCED TEAM OF EXPLORERS, MINE BUILDERS & OPERATORS | FULLY FUNDED PROLIFIC PROPERTY PACKAGE | TREMENDOUS UPSIDE POTENTIAL
Slide 5: Top 10 Jurisdiction
TOP 10 JURISDICTION NEWFOUNDLAND & LABRADOR CONSISTENTLY RANKED A TOP 10 JURISDICTION1 GOVERNMENT PERMITTING Mining-supportive | Provincial Clear, timely provincial government goal to build 5 permitting process | Positive new mines by 2030 recent precedents WORKFORCE INFRASTRUCTURE Skilled workforce
Slide 6: Directors & Senior Leadership
DIRECTORS & SENIOR LEADERSHIP New Found Gold has a new board and management team with a solid track record of successful mine development and operation BOARD OF DIRECTORS Paul Andre Huet Chair Keith Boyle William Hayden1, 2 Dr. Andrew Furey1 Chad Williams1 Tamara Brown1 Allen Palmiere1 MANAGEMENT Si
Slide 7: Building a Mid-tier Canadian Gold Producer
Building a Mid-tier Canadian Gold Producer Queensway Gold Project: Milestones and Objectives Phase 1 production CAPEX secured MRE/PEA update Phase 1 Phase 1 Initial MRE PEA published EPCM first ore to commercial New Board and published Q3/25 underway Phase 1 EA submitted Phase 1 early works mill pro
Slide 8: Queensway Life of Mine Plan
QUEENSWAY DEVELOPMENT Queensway Life of Mine Plan 250 2000 ~$155M unlocks 1800 Annual Gold Production by Phase (koz) average annual 200 1600 production of 12.5 12.3 1400 AISC(1) US$/oz Au 172 Koz Au 150 1200 10.0 (Years 5-9) 1000 8.1 100 800 ✓ Phase 1 600 initial capital 50 3.6 2.4 2.5 400 secured 1
Slide 9: Queensway Leverage to Gold Price
QUEENSWAY LEVERAGE TO GOLD PRICE Queensway Offers Queensway PEA: After-Tax Economics High Leverage to Gold Price 197% 2,000 162% ✓ 100% of Revenue from Gold 136% ✓ $89MM increase in NPV5% for 115% 1,500 99% 1450 each US$100 increase in 74% 86% 1362 65% 1273 gold price 56% 1185 1097 NPV5 $MM 1008 1,0
Slide 10: Capital Structure
CAPITAL STRUCTURE CAPITALIZATION1 KEY SHAREHOLDERS5 Shares – Basic 384.1M Options & RSUs 8.2M ERIC SPROTT Warrants2 16.3M 19% Shares – F.D. 408.6M Share Price $2.14 Market Cap $822M 52 Week High/Low $4.89/$1.84 Average Daily Volume ~4M Cash and Marketable Securities3 $148M Credit Facility4 $105M Pot
Slide 11: Attractively Positioned
ATTRACTIVELY POSITIONED Production Growth Benchmarked to Peer Group Estimated 2026 Gold Production (koz Au per annum) Market Capitalization (C$ billion) $0.8 $1.2 $2.0 $1.8 $4.4 ? $1.5 $8.2 $7.9 278 260 231 191 191 (3) 131 121 93 ~172(4) 74 ~69(1) ~24(2) ~19(5) Integra New Found Gold (Phase 1) McEwe
Slide 12: Key Reasons to Invest
KEY REASONS TO INVEST EMERGING GOLD PRODUCER | STRONG GOLD PRICE ENVIRONMENT FASTRACKING PRODUCTION | DERISKING QUEENSWAY TOP 10 JURISDICTION1 | NEWFOUNDLAND CANADA EXPERIENCED TEAM OF EXPLORERS, MINE BUILDERS & OPERATORS | FULLY FUNDED PROLIFIC PROPERTY PACKAGE | TREMENDOUS UPSIDE POTENTIAL 1 Sourc
Slide 13: Queensway & Hammerdown ESG Overview
QUEENSWAY & HAMMERDOWN ESG OVERVIEW JARED SAUNDERS, VP SUSTAINABILITY
Slide 14: Environmental, Social, Governance
ENVIRONMENTAL, SOCIAL, GOVERNANCE COMMITTED TO RESPONSIBLE EXPLORATION, STRONG COMMUNITY PARTNERSHIPS AND ONGOING ENGAGEMENT OF KEY STAKEHOLDERS Environmental Local-First Monitoring Hiring NFG’s approach to project development is Local-first hiring and procurement strategy guided by environmental re
Slide 15: Queensway Gold Project: EA Overview
QUEENSWAY GOLD PROJECT: EA OVERVIEW PROJECT IN ENVIRONMENTAL ASSESSMENT (EA) INCLUDES 700 TPD MINE WITH THE FOLLOWING PHYSICAL COMPONENTS: • Four open pits and associated infrastructure (east of pits to increase distance from town) • Organics and overburden storage facility • Waste rock storage faci
Slide 16: Queensway Gold Project: EA Overview
QUEENSWAY GOLD PROJECT: EA OVERVIEW Pre-Environmental Assessment EA Registration Scoping, baseline studies, impact bio-physical and socio-economic assessment environmental affects Minister’s Decision Further Assessment Scheduled for June 21, 2026 OUTCOME B Develop guidelines, field work/modelling, a
Slide 17: Social License to Operate
SOCIAL LICENSE TO OPERATE INCLUDE ALL WHO NEED TO BE INCLUDED; BUILD POSITIVE RELATIONSHIPS OTHER KEY STAKEHOLDERS REGULATORY ENGAGEMENT • NL Power Companies • Energy and Mines* • Qalipu First Nations • Mineral Lands Division* • Miawpukek First Nation • Mineral Development Division* • Newfoundland &
Slide 18: Employment at New Found Gold
EMPLOYMENT AT NEW FOUND GOLD Other Parts of WE ARE PROUD TO BE OPERATING IN CENTRAL NEWFOUNDLAND Canada 9% • We continually aim to partner with communities surrounding our projects. MOVING FROM EXPLORATION TO MINING WILL CREATE NEW JOB OPPORTUNITIES • We believe the necessary workforce is located ri
Slide 19: Engagement Approach
ENGAGEMENT APPROACH STAKEHOLDER COMMUNICATION ✓ Involves ongoing communication with local communities, Indigenous groups, regulators, and stakeholders throughout the project lifecycle. PUBLIC INFORMATION SHARING ✓ Public meetings, information sessions, and project material distribution facilitate tr
Slide 20: Community Partnerships
COMMUNITY PARTNERSHIPS MOVING TOWARD COMMUNITY-MINDED SPONSORSHIPS • New Found Gold has recently implemented a new sponsorship strategy. • Types of sponsorships include: • community development projects • youth and education initiatives • environmental stewardship causes • health and wellness progra
Slide 21: Environmental Protection
ENVIRONMENTAL PROTECTION PREVENTION IS THE BEST MEANS TO REDUCE ENVIRONMENTAL IMPACT ONGOING ENVIRONMENTAL MONITORING ACTIVITIES • Pre-work environmental assessments • Daily environmental inspections • Dedicated environmental team PROGRESSIVE REHABILITATION AND RECLAMATION • Reclaiming of sumps • Tr
Slide 22: Queensway Environmental Monitoring
QUEENSWAY ENVIRONMENTAL MONITORING WATER RESOURCES SOCIO-ECONOMIC ENVIRONMENT • Surface water (multi-year program) • Historic Resources • Groundwater (multi-year program) • Land and Resource Use • Housing Capacity FISH AND FISH HABITAT • Fish presence/absence, Technical Studies Completed • Fish habi
Slide 23: Queensway Project Overview & Exploration Update
QUEENSWAY PROJECT OVERVIEW & EXPLORATION UPDATE: MELISSA RENDER, PRESIDENT
Slide 24: Drill Count and Program Details
ay NEWFOUNDGOLD DRILL COUNT + Adrills turning ,ramping up to 6 shortly PROGRAM DETAILS + $44M - fully funded + ~34,000m YTD / ~90,000m diamond drilling planned (37% complete) . Exploration & Growth Focus (45%): v AFZ Core: Depth extensions below key zones and proximal to infrastructure. v AFZ Periph
Slide 25: Queensway - Grab Samples
Queensway - Grab Samples POWERED BY #*VRIFY
Slide 26: #*VRIFY
#*VRIFY
Slide 27: POWERED BY
POWERED BY #*VRIFY
Slide 28: AFZ Core Step-Out Exploration
_AFZ CORE STEP-OUT EXPLORATION AFZ Core Step-Out Exploration (MRE Expansion) ¥ ~20,000 m planned v Bullseye ~4,500 m completed v Dome Ext. ~1,100 m completed v¥ Golden Dome expansion ~3,000 m planned v AFZ-KBFZ Target —- ~5,000-8,000 m planned. New discoveries in highly prospective region below and
Slide 29: POWERED BY
POWERED BY #*VRIFY 250m 4000m Depth Potential soo 24-2700 eb gr sour Somat ott Och \ sosanonnlstanses \\\) Semen MN Block Vodel Grad Au gft Pee O bome Bost0 (Golden Dome. vetoes sn enon ets ecietigngeoltGo gh snndnnnnen rigs Br. ‘Sapmnvoan tocar ta sate
Slide 30: AFZ-KBFZ Target
AFZ-KBFZ TARGET a = F NW SE Deep mineralized structures in the AFZ footwall (east of the AFZ) > N 2.10 g/t Au/ 7.05m 6.16 g/t Au/3.10m -600m 1.63 gf Au/5.15m 2.55 git Au/2.85m CROSS-SECTION LOOKING NE Prunge oo i) ‘imuth 032 50 100_150 200
Slide 31: AFZ-KBFZ Target
AFZ-KBFZ TARGET a LIZATION NW SE Deep mineralized structures in the AFZ footwall. - 600m CROSS-SECTION LOOKING NE Phunge-06 ‘Aci 028 050 100150 200 ———
Slide 32: Iceberg Grade Control Pad Development
zy Iceberg grade control pad development ~55% Pre-Development (Advanced Exploration) v v v AFZ CORE ADVANCED EXPLORATION Phase 2 Pit Infill (inferred to indicated) ~10,500 m planned Phase 3 UG Infill (inferred to indicated) ~25,000m Grade Control: NQ test program, Keats & Iceberg grid expansion, Lot
Slide 33: AFZ Core Excavations
J AFZ CORE EXCAVATIONS ay NEWFOUNDGOLD ACTIVITY SUMMARY (5 KEY ZONES) ee | (proposed & | «y |— completed) | 2526 KEATS. + Excavated, mapped and channel sampled (Results reported) 7.11m@ 28.1 git Au inal 1.42m @ 49.5 g/t Au incl. 3.37m @ 34.3 g/t Au J cm 15.12m @ 23.9 g/t AU inet 1.72m @ 152 g/t Au I
Slide 34: UG Infrastructure & Stopes
UG Infrastructure & Stopes Keats South Jackpot Jnderground Development. BB osecone B oe 13 PEA Underground Infrastructure and Stope Design POWERED BY #*VRIFY
Slide 35: Keats Completed Grade Control Grid
Keats Completed Grade Control Grid
Slide 36: Grade Control Drill - Iceberg 2026
ay NEWFOUNDGOLD Grade Control Drill - Iceberg 2026 Iceberg Vein & Cameron VG specimens from Lotto Excavation VG specimens from Keats Excavation
Slide 37: AFZ-P Step-Out & Blue-Sky Exploration
\\ \\ \\ ey \w | AFZ-P STEP-OUT & BLUE-SKY EXPLORATION AFZ P Step-Out Exploration Dropkick: MRE Expansion + ~7,000m step-out drilling planned + New near-surface high-grade outside of MRE on east and west side of AFZ. * 11km northeast of AFZ Core along the AFZ + Mineralization characteristics similar
Slide 38: POWERED BY
POWERED BY #*VRIFY Greenwood Appleton Fault Zone Pauls Pond Queensway - Grab Samples Duder Lake Gazeebow South AFZ Peripheral AFZ Core we
Slide 39: Strike Potential
Strike Potential Dropkick ~~~ / AFZ Peripheral al Pistachio AFZ Core POWERED BY #*VRIFY
Slide 40: Dropkick
POWERED BY #*VRIFY Dropkick DROPKICK L7£ NFGC-25-2518 (6.79 git Au over 18.35 m) AFZ NFGC-25.2448 (72 gft Au over 1035 m)
Slide 41: Dropkick Drill Results
POWERED BY #*VRIFY NFGC-25-2624 1.25 g/t Au over 10.60 m NFGC-25-2403. 4.54 g/t Au / 19.00m NFGC-25-2390. 20.9 g/t Au /11.10m NFGC-25-2394. 8.31 g/t Au /18.20m NFGC-25-2317. 29.2. g/t Au/ 9.25m NFGC-25-2686 24.8 g/t Au over 14.00 mo NFGC-25-2448. 7.20 g/t Au | 10.15m 5.76 Au g/t over 5.75m NFGC-24-2
Slide 42: Regional Exploration
~ REGIONAL EXPLORATION Regional Blue Sky & Step-Out Exploration ¥ ~7,000 m DDH planned * Pauls Pond: Step-out and new target testing + Greenwood: New target testing, follow up from past trenching + New targets generated in the 2026 field program v Trenching + Extensive trenching planned for Greenwoo
Slide 43: POWERED BY
POWERED BY #*VRIFY Greenwood Appleton Fault Zone Pauls Pond Queensway - Grab Samples Duder Lake Gazeebow South AFZ Peripheral AFZ Core we
Slide 44: Queensway South Highlights
Queensway South = ies & OL Highlights 7 ‘Grab Samples «Aug Sods A Ba% ; © i eh x ¢ ss == a Devils Pond ee: > "vf Bstronaut 2 Bes * - Pauls Pond Trend / nat Greenwood Pond Le 5 ¥ ceed 2 ars eta 4 in! Devils Pond South a Bk ee a : we ee “| NFGC-QS-24-88 L
Slide 45: Orogenic Au Environment
/ OROGENIC AU ENVIRONMENT QUEENSWAY PROJECT ‘VALENTINE GOLD MINE Ps is POLLOCK et al., 2007 newfoundgold.ca Continent-Continent collision and terrane accretion Development of major regional-scale deep-seated structures Magmatism, metamorphism, deformation Turbidite sediments unconformably deposited
Slide 46: Geologic Setting
GEOLOGIC SETTING immuno The Queensway Project is located along a continental a | collision margin formed as part of the Appalachian Orogeny - the collision of Laurentia with Gondwana and its micro-continents (Ganderia and Avalonia). DOG BAY LINE Britain Greenland The Dog Bay Line (DBL) is a major Si
Slide 47: Litho-Structural Architecture
ay LITHO-STRUCTURAL ARCHITECTURE NEWFOUNDGOLD Structural evolution of the Davidsville group in the Exploits subzone NW SE NW SE NW mineralized penetrative SE slip on décollement increasing stip on décollement oceanic crust tow-di NO) DogBayline A Au Hydrothermal Fluids oceanic erust (metamorphism) s
Slide 48: Property Geology
+ Predominantly Ordovician Davidsville Group * Fold-thrust sequence of shallow marine siliciclastic sedimentary rocks (turbidites) + Unconformably overlies the Gander River Complex of ultramafic and mafic rocks in the east * Conformably underlies the Indian Island Group in the west (shallow marine s
Slide 49: AFZ Mineralization
AFZ MINERALIZATION a Au-bearing faults + epizonal veins cross-cut stratigraphy at a high angle NFGC-23-1729 | 2 | SSRs wz gt au/675m — Mas BLACK SHALE MONTE | | == CARLO } oe a) 2 wagtau/ 885m NFGC-21-201, if 150 gRAU/T.50m_| Consistent style across all zones =| (NFGC-21-115) 20.9 g/tAu/8.4m A REA [
Slide 50: NB gat
06 NB gat 93 ee NFGC-23-1128 12.6 g/t Au /7.60m i 13.1 g/t Au/1 FG 1141 on g/t Au / 20.35m NFGC-23-1306 i 33.1 g/t Au/4.80m NFGC-23-1141 35.6 g/t Au / 10.65m NFGC-23-1141 NFGC-22-833 10.5 g/t Au / 6.65m 2.41 g/t Au / 35.00m NFGC-22-911 4.27 g/t Au / 31.55m GREYWACKE GREYWACKE newfoundgold.ca TSX-V:
Slide 51: Deformation and Gold
DEFORMATION AND GOLD D1A - Acadian Orogeny (~418 Ma): Early fold-thrust development, Steepening and Sinistral Transpression X-Section ik es Spplne ns126) ‘¢Fiplungelo=17) ay NEWFOUNDGOLD » NW-SE Directed Sinistral Transpression + Early thrust development- AFZ, Dog Bay Line, Reach Fault, etc. * Tight
Slide 52: Deformation and Gold
\\ V DEFORMATION AND GOLD eee . |! A Secondary Splays Appl C09 Foye - Three main orientations: - NE Striking (Keats Main/Iceberg) Conjugate SSE (e.g. Lotto) o== - EW (EW Vein) Striking Faults ~ Three main plunge groups: = "Pha T. - SW shallow-mod * a my - NE moderate 19 -SSteep 3 5 sw NE AFZ EAST LO
Slide 53: High-Grade Shoot Controls
\ } HIGH-GRADE SHOOT CONTROLS Iceberg Cross-Section Keats Cross-Section a High-Grade Au Fault Segment Au-bearing Fault/Vein » High-grade shoot location and geometry is largely controlled by intersecting faults/veins + Breccia “pipes” developed at structural intersections. + Rapid depressurization an
Slide 54: Queensway Project PEA & Engineering Studies
QUEENSWAY PROJECT PEA & ENGINEERING STUDIES ROB ASSABGUI, COO
Slide 55: Queensway Development Strategy
QUEENSWAY DEVELOPMENT STRATEGY Phase 1 (Years 1-4): Open Pit Mine with Off-Site Toll Milling • Queensway site prep and installation of infrastructure for a small OP mine. • High-grade material crushed and transported to an off-site toll mill, at a rate of 700 tpd starting in year 1 • Lower grade mat
Slide 56: Initial MRE Conversion
INITIAL MRE CONVERSION Initial MRE Summary (Effective Date March 15, 2025) MRE Conversion to PEA Mine Plan Zone Category Tonnage Grade Contained Metal MRE Mine Plan Conversion (Mt) (g/t Au) (Moz) (kt) (g/t Au) koz koz % Indicated 17.3 2.25 1.25 Open Pit Open Pit Inferred 9.0 1.24 0.36 Indicated 0.8
Slide 57: Mining Methods
MINING METHODS Conventional open pit truck and shovel mining with complementary high-grade underground cut-and-fill Open Pit Mine • Conventional OP truck and shovel operation with 17 pits • The three main pits (Iceberg, Keats and Keats West) are sequenced early in the mine life and will subsequently
Slide 58: Open Pit Mining Schedule
OPEN PIT MINING SCHEDULE 18,000 9.0 4,500 9.00 16,000 8.0 4,000 8.00 14,000 7.0 3,500 7.00 12,000 6.0 3,000 6.00 Stripping Ratio – Waste to Mineralized Minerealized Material Mined (ktpa) Mineralized Material Mined ktpa 10,000 5.0 2,500 5.00 Grade g/t Au 8,000 4.0 2,000 4.00 6,000 3.0 1,500 3.00 4,00
Slide 59: Material Classification
MATERIAL CLASSIFICATION 250 • High Confidence Mineral Resources Open Pit Indicated in the mine plan Open Pit Inferred • Years 1-5: >80% of ounces in Underground Indicated the indicated category Underground Inferred 200 • LOM: >75% of ounces in the Annual Gold Production by Resource Classification (k
Slide 60: Queensway Processing and Recovery
QUEENSWAY PROCESSING AND RECOVERY Metallurgical Test Work1 Phases I & II Summary: • Based on phases 1 and 2, the PEA assumes an 92% recovery, with 48% of the gold reporting to doré, and 44% of the gold reporting to concentrate. • Gold reporting to doré will be recovered by gravity concentration, as
Slide 61: In-Pit Tailings Deposition
IN-PIT TAILINGS DEPOSITION Iceberg, Keats, Keats West scheduled for in-pit tailings deposition (Combined excavated rock volume of 30.6 Mm3) • Tailings discharged from high ground, ponds formed in middle area • Allows for centralized water management operations • Utilizes topography for beach slopes
Slide 62: Production and Cost Profile
PRODUCTION AND COST PROFILE Average Annual Gold Production 250 2000 LOM ~100 koz 1800 Years 1-4 69.3 koz Years 5-9 172.2 koz Annual Gold Production by Phase (koz) 200 1600 1400 12.5 12.3 Average Daily Mining Rate AISC(1) US$/oz Au 150 1200 10.0 Years 1-4 700 tpd 1000 8.1 Years 5-15 7,000 tpd 100 800
Slide 63: Capital Cost Summary
CAPITAL COST SUMMARY Sustaining (C$ millions) Phase 1 Phase 2 Phase 3 Total Capital Mining $47.7 - $104.2 $321.4 $473.3 Onsite Processing $220.5 - - $220.5 Onsite Infrastructure $15.7 $23.5 - $4.0 $43.2 Offsite Infrastructure $40.5 - - - $40.5 Indirects/Owner's Costs/EPCM $19.9 $109.8 $10.0 - $139.7
Slide 64: Operating Cost Summary
OPERATING COST SUMMARY Life of Mine Operating Cost(1)(2) Unit Value Mining (Open Pit) $M 906.6 Mining (Underground) $M 188.5 Unit Operating Costs Unit Value Third-Party Processing $M 57.5 Mining $/ t proc. 40.01 Material Handling $M 86.2 Processing $M 549.5 Processing $/ t proc. 25.33 G&A $M 188.7 G
Slide 65: EPCM Contract
EPCM CONTRACT • EPCM contract awarded to WSP Canada Inc. for Queensway Phase 1 project development (January 2026) • EPCM work currently underway; advancing Queensway site development and detailed engineering for the expansion and upgrade of Pine Cove Mill • Expanded Pine Cove Mill to process feed fr
Slide 66: Queensway Development Schedule
QUEENSWAY DEVELOPMENT SCHEDULE 2026 2027 2028 2029 2030 2031 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Continued community and government engagement PHASE 1 PEA/MRE Permitting Engineering Early works, Construction Production PHASE 2-3 Permitting Feasibility Detailed Eng
Slide 67: Appendix
PADD DDD DAPECKM OWOOD DD
Slide 68: Queensway Overview
QUEENSWAY OVERVIEW High-Grade Core = Low Capital-Intensive Phased Approach 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 production2 of 69.3koz oz Au at an AISC3
Slide 69: Queensway Mineral Resource Estimate
QUEENSWAY MINERAL RESOURCE ESTIMATE Mineral Resource Estimate - Queensway (Effective Date: March 15, 2025) Zone Category Tonnage Grade Contained Gold (kt) (g/t Au) (koz) Indicated 17,267 2.25 1,249 Open Pit Resources Inferred 8,960 1.24 358 Indicated 771 5.76 142 Underground Resources Inferred 1,749
Slide 70: Non-GAAP Measures
NON-GAAP MEASURES 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 Standards (“IFRS”) and sh
Slide 71: Mineralization Style
VISIBLE GOLD IN QUARTZ-CARBONATE VEINS MINERALIZATION STYLE VEIN STYLES: • Stylolitic- massive to vuggy (Crack-seal / fault fill) • Breccia- vuggy • Stockwork METALLIC MINERALS: • +/- arsenopyrite, chalcopyrite boulangerite/bournonite, pyrite SILICATE MINERALS: NH4 muscovite, Qtz, Fe-Carb
Slide 72: Alteration
A A’ ALTERATION Inclined view * Visually non-distinct alteration adjacent to Lotto vein looking down-dip on Keats Baseline Fault. High Grade Au Zone White Mica Alteration Footprint NH4 Muscovite Kaolinite • NH4 Muscovite and Fe-carbonate proximal to and within Au-bearing * Kaolinite alteration assoc
Slide 73: Pathfinder Geochemistry
PATHFINDER GEOCHEMISTRY Arsenic Tungsten Keats West Keats West • Au-As-Sb-W-Cu-Pb Metal association Keats Keats • Typical orogenic signature 200M 200M • Early low-grade min event Au-As Antimony Gold • Later high-grade min event Keats West Au-As-Cu-Pb Keats West Keats Keats 200M 200M TSX-V: NFG | NYS
Slide 74: QWS Exploration
DEVILS TREND QWS EXPLORATION DEVILS 2022 Inaugural Program NORTH • Inaugural program: 8 targets drilled (7,255m in 33 DDH) • Significant gold mineralization in 27 of 33 DDH PAULS TREND • Visible gold in 10 DDH from 4 target areas • Paul's Pond Trend: 2.5km extent Indian NFGC-QS-22-15 0.47 g/t Au / 8
Slide 75: Field Relationships
FIELD RELATIONSHIPS Vuggy Breccia Vein w/ Gold KEATS TRENCH Au in Breccia N Bedding at High angle to vein wall PENUMBRA EAST-WEST VEIN Fault Fill / Crack-Seal Vein w/ Gold TSX-V: NFG | NYSE-A: NFGC newfoundgold.ca TSX-V: NFG 64 Au in Crack-Seal Vein TSX-V: MAE
Slide 76: Iceberg
ICEBERG A KEATS W DOME COKES • New Found’s most recent high-grade discovery made in TCH GOLDEN JOINT March 2023. • This high-grade, at-surface discovery is likely the eastern continuation of the Keats Main Zone. ICEBERG-ICEBERG E. • High-grade fault segment ~570m strike. • KBFZ now spans ~1.9km stri
Slide 77: Keats West
KEATS W KEATS WEST A COKES GOLDEN JOINT • New Found’s first major discovery located on the west TCH A’ side of the AFZ, made in September 2022. • Shallow-dipping thrust fault associated, quartz vein- ICEBERG-ICEBERG E. hosted with 315m+ strike length and 305m+ down-dip extent. KEATS • Average thickn
Slide 78: Contact
CONTACT Fiona Childe | Ph.D., P.Geo. VP, Communications & Corporate Development +1-416-775-2700 contact@newfoundgold.ca https://www.linkedin.com/company /newfound-gold-corp
Slide 79: An Emerging Canadian Gold Producer – Hammerdown
TSX-V: NFG | NYSE-A: NFGC AN EMERGING CANADIAN GOLD PRODUCER Investor Site Visit – June 2026 Hammerdown Gold Project
Slide 80: Disclaimer
DISCLAIMER This presentation, and the information contained herein, has been provided to you by New Found Gold Corp. (“New Found Gold”, “NFG”, “NFGC” or the “Company”) solely for information purposes. While the information contained in this presentation is believed to be accurate, New Found Gold exp
Slide 81: Hammerdown Gold Project - Exploration
HAMMERDOWN GOLD PROJECT - EXPLORATION MELISSA RENDER, PRESIDENT
Slide 82: Hammerdown District Potential
¥ \ HAMMERDOWN DISTRICT POTENTIAL alt ( Hammerdown Gold Project @ Deposit @ Prospect/ Historic Mine oO Mu Trans-Canada Highway — Road | @ Gityrown ARGYLE (i) ) -{ MING MINE % FireFly (@) stoc’eR TIGHT } (@ pine cove } Baie Verte (7 a ay 532" | * ® Fd @) NUGGET POND HGP 2 Gy astenoown |/, PROPERTY Ro
Slide 83: Hammerdown Deposit
\ HAMMERDOWN DEPOSIT LONG SECTION VIEW (LOOKING NORTH) | CROSS SECTION VIEW (LOOKING WEST) PINE COVE HISTORIC MINE q Tsomvo yy \ HAMMERDOWN RESOURCE EXPANSION POTENTIAL a NEWFOUNDGOLD SHALLOW RESOURCE GROWTH OPPORTUNITIES | Limited testing below 200 m VD across all advanced target areas OPEN FOR EXP
Slide 84: Hammerdown Exploration & Drilling Update
MN \ ay NY HAMMERDOWN EXPLORATION & DRILLING UPDATE ‘*ewrounncotp wae ¥ New and growing experienced exploration team ¥ Project-wide data compilation underway v Advancing toward property-wide geological interpretation, updated geological models and targeting. Y Defining both near-deposit resource exp
Slide 85: Deer Cove
Deer Cove ee. ‘Stoyer Tight Pine Cove = Legend 1 Haminerconn Gold Project @) vecoste © Prospects mis (C) hectares ewe Mejor Fouts @ 6214 shonings Rock Samples (Au g/t) @-x ) Bos. Boros <0a POWERED BY #*VRIFY
Slide 86: POWERED BY
POWERED BY #*VRIFY
Slide 87: POWERED BY
POWERED BY #*VRIFY Deposit lHammersown' Deposit Orion? Tetatindicated 1.234 Total Inforre Historic Workings Ova Stockpile Hamnmerdown Pit Weste Stocksile Sorter reject stockpile VE Stockoie Settling Ponds ~ ov Sinckpte Omne Stocks
Slide 88: Pine Cove Mill
Pine Cove Mill Stog'er Tight Deposit In-Pit Tailings L ¢ Deep Water Port ructure pads eralized Stockpile jerburden Storage Facility ste Rock Storage Facility
Slide 89: POWERED BY
POWERED BY #*VRIFY
Slide 90: Block Model Class
Block Model Class _ Previously Mined Pit POWERED BY #*VRIFY
Slide 91: Baie Verte Peninsula Regional Geology
BAIE VERTE PENINSULA REGIONAL GEOLOGY sewro peou % Gold showing #Gold prospect Kerr & Selby, 2014 = {Deer Cove Goidenviie Former gold producer (dormant or exhausted) DUNNAGE ZONE Major crustal suture zone (1* order), Baie Verte Line, adjacent to the significant past and currently producing gold in t
Slide 92: Hammerdown Property Geology
HAMMERDOWN PROPERTY GEOLOGY Hammerdown Rumbullion & Wisteria ay NEWFOUNDGOLD Multiple Gold Environments & Deposit Types: Three gold trends Volcanic hosted, orogenic-gold (Hammerdown) Felsic Intrusion hosted, epithermal (Whisker Valley) Gold VMS Potential Gold mineralization is concentrated along sec
Slide 93: Hammerdown Property Au Mineralization
HAMMERDOWN WHISKER VALLEY HAMMERDOWN PROPERTY AU MINERALIZATION Whisker Valley epthermal mineral ion within the granodiorite adjacent to a mafic dyke HOSS! SECTION LOOKING WEST a NEWFOUNDGOLD HAMMERDOWN Steeply dipping, stacked gold- bearing quartz-sulphide veins hosted in ~250 m segment of the 1.8
Slide 94: Pine Cove Property Geology & Gold
PINE COVE PROPERTY GEOLOGY & GOLD scenes A * THREE GOLD TRENDS (Thrust Faults): * Scrape — Pine Cove, Stog’er, Argyle DCT = Deer Cove Thrust GC =Green Cove = * Goldenville BH = Big Head y + Deer Cove MB = Ming’s Bight ; DG = Dunamagon Granite and volcano sedimentary rocks * Gold mineralization is co
Slide 95: Hammerdown Gold Project - Mining
HAMMERDOWN GOLD PROJECT - MINING ROB ASSABGUI, COO
Slide 96: Hammerdown Ramping Up
HAMMERDOWN RAMPING UP September 5, 2025 Announced definitive agreement to acquire Maritimes Resources Corp. (MAE) November 13, 2025 New Found Gold completes acquisition of MAE; Hammerdown ramp-up commenced with the objective of reaching commercial production in H2/26 February 26, 2026 Announced PEA
Slide 97: Hammerdown & Pine Cove Overview
HAMMERDOWN & PINE COVE OVERVIEW HUB AND SPOKE MINE STRATEGY 3 deposits – Hammerdown, Orion and Stog’er Tight - centered around the Company’s Pine Cove Mill TWO PROPERTIES; ONE PROJECT Hammerdown and Pine Cove properties – located in Central Newfoundland and Labrador, Canada ACCESS TO INFRASTRUCTURE
Slide 98: Hammerdown Mineral Resource Estimate
HAMMERDOWN MINERAL RESOURCE ESTIMATE PEA mine plan developed from: • Measured and Indicated Mineral Resources of 3,328 kt grading 2.43 g/t gold: 260,000 ounces • Inferred Mineral Resources of 2,132 kt grading 2.34 g/t gold: 161,000 ounces Hammerdown Deposit Updated MRE Tonnage Grade Deposit Mining M
Slide 99: Hammerdown PEA & Mine Plan
HAMMERDOWN PEA & MINE PLAN Hammerdown Gold Project Life of Mine Plan1 Economics - Base case (US$3,656)2 After-tax NPV5% C$199.2M LOM AISC ($/oz) US$2,429 / oz Total After-Tax Free Cash Flow C$243.3M 3 At US$5,000 gold price, after-tax NPV5% increases to C$415.1M Mining & Milling Mine Life 13 years T
Slide 100: Hammerdown Site Plan
HAMMERDOWN SITE PLAN MINE SETTLING POND WASTE ROCK MANAGEMENT STOCKPILE PARKING ‘power OS bry se OFFICES siTE EAYDOwn SHOAL'POND BYPASS ROAD
Slide 101: Hammerdown Site Development Highlights
HAMMERDOWN SITE DEVELOPMENT HIGHLIGHTS HEALTH & SAFETY Zero Lost Time Incidents and Total Recordable Incident Frequency Rate of 0 after a total of over 64,175 person-hours worked in 2026 MINING DEVELOPMENTS Production mining, drilling and haulage contracts with NL-based contractors in place; additio
Slide 102: Hammerdown Site Development
HAMMERDOWN SITE DEVELOPMENT
Slide 103: Hammerdown Site Development
HAMMERDOWN SITE DEVELOPMENT June 3, 2026 Lookout Point
Slide 104: Pine Cove Mill
PINE COVE MILL cams Land Use Details - Explosives Magazine Access road Shoreline Dock
Slide 105: Pine Cove Mill Flowsheet
PINE COVE MILL FLOWSHEET • Single stage ball mill • 4 x flotation cells • 4 x leach tanks • 2 x drum filters • Merill Crowe circuit • Onsite refining • In pit tailings storage
Slide 106: Pine Cove Mill Development Highlights
PINE COVE MILL DEVELOPMENT HIGHLIGHTS HEALTH & SAFETY Zero Lost Time Incidents and Total Recordable Incident Frequency Rate of 0 after a total of over 43,703 person-hours worked in 2026 MILL DEVELOPMENTS Mill commissioned with on-site low-grade stockpiles; transitioning to Hammerdown mineralized mat
Slide 107: Pine Cove Mill
NEWFOUNDGOLD - = = ui > fe) O Lu z oO.
Slide 108: Appendix
APPENDIX) (/) Nay gi \)
Slide 109: Hammerdown Mineral Resource Estimate
HAMMERDOWN MINERAL RESOURCE ESTIMATE Hammerdown Deposit Updated MRE (effective date January 22, 2026). Orion deposit MRE (effective date January 22, 2026). Tonnage Grade Contained Oz Tonnage Grade Contained Oz Deposit Mining Method Category Deposit Mining Method Category (kt) (g/t Au) (koz) (kt) (g/
Slide 110: Hammerdown Life of Mine Model
HAMMERDOWN LIFE OF MINE MODEL1 Queensway (NFLD) LOM YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR 10 YR 11 YR 12 YR 13 Open pit ROM (000t) 54,078 4,296 5,979 6,529 6,690 6,700 6,500 4,998 4,001 2,500 2,501 2,490 895 - OP ROM Grade (g/t Au) 2.19 2.28 2.47 2.49 2.06 1.58 1.65 2.11 3.30 2.30 1.62 1.9
Slide 111: Non-GAAP Measures
NON-GAAP MEASURES 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 Standards (“IFRS”) and sh