Slide 1: Queensway Project – Claim Groups
Queensway Project – Claim Groups
Slide 2: Queensway North mineral licences and separate licences
Queensway Project – Queensway North mineral licences, and the separate licences of Twin Ponds, Ten Mile-Duder Lake, South Pond, Bellman’s Pond, and Little Rocky Brook
Slide 3: Queensway South mineral licences
Queensway Project – Queensway South mineral licences
Slide 4: Locations of Gold Prospects
Queensway Project – Locations of Gold Prospects
Slide 5: North Gold Prospects
Queensway Project – Queensway North Gold Prospects
Slide 6: South Gold Prospects; Environmental and Exploration Permitting
Queensway Project – Queensway South Gold Prospects Environmental and Exploration Permitting NFG is responsible for obtaining all permits in accordance with the laws of Newfoundland and Labrador to conduct exploration activities at the Queensway Property. Exploration activities require approval from
Slide 7: Geological context of the Queensway Project
Queensway Project – Geological context of the Queensway Project Geological map from Colman-Sadd et al., 1990.
Slide 8: Integrated geological map of Queensway North
Queensway Project- Integrated geological map of lithology, shear zones and gold showings in Queensway North. It mostly comprises Cambrian to Silurian meta-sedimentary rocks of the Davidsville group (Williams et al., 1988; Colman-Sadd et al., 1990; Valverde-Vaquero et al., 2006; van Staal, 2007; O’Re
Slide 9: Knob to Everest plan map
Queensway Project – Knob to Everest plan map (July 11, 2024)
Slide 10: Keats area plan view map
Queensway Project – Keats area plan view map (March 26, 2024)
Slide 11: Long section of Iceberg, Keats Main and TCH zones
Queensway Project – Long section of Iceberg, Keats Main and TCH zones, looking northwest (July 11, 2024)
Slide 12: Keats Trench plan view map
Queensway Project – Keats Trench plan view map with location of strong visible gold mineralization in the E-W Vein (November 17, 2023).
Slide 13: Keats Cross-Section (B-B')
Queensway Project – Keats Cross-Section (B-B’), Looking NE, +/- 12.5m (October 18, 2022)
Slide 14: Iceberg and Iceberg East Drilling
Iceberg and Iceberg East Drilling On March 1, 2023, the Company announced the discovery of a new zone, “Iceberg”. This zone is found along the highly prolific Keats-Baseline Fault Zone (“KBFZ”), the structure that is host to the Keats Main Zone. Iceberg shares a similar orientation to Keats Main and
Slide 15: Plan view map of Iceberg area
Queensway Project – Plan view map of Iceberg area (March 13, 2024)
Slide 16: Long section of Keats Main, Iceberg, and Iceberg East zones
Queensway Project – Long section of Keats Main, Iceberg, and Iceberg East zones, looking northwest (March 13, 2024)
Slide 17: Keats West to Iceberg cross-section view
Queensway Project – Keats West to Iceberg cross-section view, +/-12.5m, looking northwest (August 9, 2023)
Slide 18: 3-D cross-section of NFGC-24-1304
Queensway Project - 3-D cross-section of NFGC-24-1304 (+/- 25m, looking northeast) (July 11, 2024).
Slide 19: Keats West Drilling
Queensway Project – Keats, Keats West, and Keats North inclined 3-D plan view map (December 5, 2022) Keats West Drilling A combination of reconnaissance drilling and targeted drilling looking for the potential extension of the Penumbra vein in the hangingwall to the AFZ (west side) led to the discov
Slide 20: Keats West area plan map
Queensway Project – Keats West area plan map (February 22, 2024)
Slide 21: Keats West inclined 3-D view with main veins
Queensway Project – Keats West inclined 3-D view with main veins plotted only, looking south (February 22, 2024)
Slide 22: Keats West cross-section
Queensway Project – Keats West cross-section (+/- 25m, looking southeast). (December 6, 2023)
Slide 23: Golden Joint to Honeypot area plan map
Queensway Project – Golden Joint to Honeypot area plan map (April 17, 2024)
Slide 24: Lotto-Lotto North zones long section
Queensway Project – Lotto- Lotto North zones long section, looking northwest (April 17, 2024)
Slide 25: Lotto North prospect
The Lotto North prospect is adjacent (north) to the Lotto prospect in QWN on the east side of the AFZ. Systematic grid drilling testing along the eastern side of the AFZ north of Lotto identified this new gold-bearing structural zone in November 2022 first reporting 33.8 g/t Au over 2.35m in NFGC-22
Slide 26: Jackpot long section
Queensway Project – Jackpot long section, looking north (April 17, 2024)
Slide 27: K2 Drilling; Honeypot long section
On January 10, 2023, the Company reported the intersection of broad gold mineralization west of the AFZ and in close proximity to the Zone 36 prospect during systematic drilling stepping north of Lotto North. This interval graded 3.63 g/t Au over 9.50m in NFGC-22-816. In light of the recent discover
Slide 28: K2 area plan map
Queensway Project – K2 area plan map (April 10, 2024)
Slide 29: K2 inclined 3-D view
Queensway Project – K2 inclined 3-D view, looking southeast (April 10, 2024)
Slide 30: K2 3-D cross-section
Queensway Project – K2 3-D cross-section, +/-25m, looking southeast (January 31, 2024)
Slide 31: Inclined 3-D view of K2
Queensway Project- Inclined 3-D view of K2 with only the K2 Main structure visible and NFGC-24-2094 (July 11, 2024).
Slide 32: K2 long section; Monte Carlo, Powerline, and Vegas Drilling
Queensway Project – K2 long section, looking north (April 10, 2024) Monte Carlo, Powerline, and Vegas Drilling On May 10, 2023, the Company announced another new discovery on the west side of the AFZ a further 850m south of K2, a zone now named “Monte Carlo”. The discovery high-grade results of 12.3
Slide 33: Powerline to K2 plan view map
Queensway Project – Powerline to K2 plan view map (February 29, 2024)
Slide 34: Monte Carlo long section
Queensway Project – Monte Carlo long section, looking northwest (February 29, 2024)
Slide 35: Golden Joint – Lotto North plan map
Queensway Project – Golden Joint – Lotto North plan map (October 23, 2023)
Slide 36: Golden Joint – Lotto North long section
Queensway Project – Golden Joint – Lotto North long section, looking northwest (October 23, 2023)
Slide 37: Golden Joint cross-section; TCH, Knob and Grouse Drilling
Queensway Project – Golden Joint cross-section, +/- 12.5m, looking northeast (February 16, 2023) TCH, Knob (Rocket Vein) and Grouse Drilling The Trans-Canada Highway (TCH) prospect is located between Keats and Knob. On January 18, 2023, the Company announced results from its drilling at the TCH pros
Slide 38: Knob to Keats Main South plan map
Queensway Project – Knob to Keats Main South plan map (September 20, 2023)
Slide 39: Region Covered by the Seismic Survey
Queensway Project – Region Covered by the Seismic Survey (March 2, 2024)
Slide 40: Extents of the 3-D cube and 2-D seismic lines
Queensway Project – Extents of the 3-D cube and 2-D seismic lines (March 4,2024)
Slide 41: Keats 3-D cube cross-section
Queensway Project- Keats 3-D cube cross-section (Pre-SDM and Pseudo Relief, looking north), Top: With interpretation, Bottom: Without interpretation.
Slide 42: Gold occurrences in rocks and tills and major prospects
Queensway Project: Gold occurrences in rocks and tills and major prospects
Slide 43: Regional drill targets at QWS
Regional drill targets at QWS
Slide 44: Goose – Nebula plan view map
Queensway Project - Goose – Nebula plan view map
Slide 45: Bernards Pond area plan view map; Regional Exploration – VOA Option
Queensway Project – Bernards Pond area plan view map Regional Exploration – VOA Option In November 2022, the Company entered into an option agreement which added approximately 6.1km of strike on the AFZ. Beginning in early 2023 a regional exploration program was launched which involved first-pass so
Slide 46: VOA Option area plan view map
Queensway Project – VOA Option area plan view map (April 18, 2024)