Slide 1: Queensway Project – Claim Groups
Queensway Project – Claim Groups
Slide 2: Queensway North
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
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’Rei
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 Phase I channel sample results (September 23, 2024)
Slide 13: Keats Cross-Section (B-B')
Queensway Project – Keats Cross-Section (B-B’), Looking NE, +/- 12.5m (October 18, 2022)
Slide 14: Keats Cross-Section (A-A')
Queensway Project – Keats Cross-Section (A-A’), Looking NE, +/- 25m (July 11, 2024)
Slide 15: 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 16: Plan view map of Iceberg area
Queensway Project – Plan view map of Iceberg area (March 13, 2024)
Slide 17: 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 18: Keats West to Iceberg cross-section view
Queensway Project – Keats West to Iceberg cross-section view, +/-12.5m, looking northwest (August 9, 2023)
Slide 19: 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 20: Keats North Drilling
Keats North Drilling Reconnaissance drilling working in the highly prospective region between the Keats Main and Golden Joint zones (“Keats North”) intersected significant mineralization, now named the “515 Zone”, returning initial intercepts of 9.21 g/t Au over 2.15m and 43.9 g/t Au over 3.85m in N
Slide 21: Keats, Keats West, and Keats North 3-D plan view map
Queensway Project – Keats, Keats West, and Keats North inclined 3-D plan view map (December 5, 2022)
Slide 22: Keats West area plan map
Queensway Project – Keats West area plan map (February 22, 2024)
Slide 23: Keats West inclined 3-D view
Queensway Project – Keats West inclined 3-D view with main veins plotted only, looking south (February 22, 2024)
Slide 24: Keats West cross-section
Queensway Project – Keats West cross-section (+/- 25m, looking southeast). (December 6, 2023)
Slide 25: Golden Joint to Honeypot area plan map
Queensway Project – Golden Joint to Honeypot area plan map (April 17, 2024)
Slide 26: Lotto-Lotto North zones long section
Queensway Project – Lotto- Lotto North zones long section, looking northwest (April 17, 2024)
Slide 27: 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 28: Jackpot long section
Queensway Project – Jackpot long section, looking north (October 24, 2024)
Slide 29: 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 30: K2 area plan map
Queensway Project – K2 area plan map (April 10, 2024)
Slide 31: K2 inclined 3-D view
Queensway Project – K2 inclined 3-D view, looking southeast (April 10, 2024)
Slide 32: K2 3-D cross-section
Queensway Project – K2 3-D cross-section, +/-25m, looking southeast (January 31, 2024)
Slide 33: Inclined 3-D view of K2 Main structure
Queensway Project- Inclined 3-D view of K2 with only the K2 Main structure visible and NFGC-24-2094 (July 11, 2024)
Slide 34: 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 35: Powerline to K2 plan view map
Queensway Project – Powerline to K2 plan view map (February 29, 2024)
Slide 36: Monte Carlo long section
Queensway Project – Monte Carlo long section, looking northwest (February 29, 2024)
Slide 37: 3D Cross-Section of AFZ West
Queensway Project – 3D Cross-Section of AFZ West (looking east, +/- 35m) (February 29, 2024)
Slide 38: Golden Joint – Lotto North plan map
Queensway Project – Golden Joint – Lotto North plan map (October 23, 2023)
Slide 39: Golden Joint – Lotto North long section
Queensway Project – Golden Joint – Lotto North long section, looking northwest (October 23, 2023)
Slide 40: 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 41: Knob to Keats Main South plan map
Queensway Project – Knob to Keats Main South plan map (September 20, 2023)
Slide 42: Knobby to Pristine plan map
Queensway Project - Knobby to Pristine plan map with the location of Big Vein and Pistachio zones
Slide 43: Big Vein and Pistachio zones 3D inclined view
Queensway Project - Big Vein and Pistachio zones 3D inclined view
Slide 44: Big Vein to Pristine longitudinal section
Queensway Project - Big vein to Pristine longitudinal section (looking northwest)
Slide 45: Region Covered by the Seismic Survey
Queensway Project – Region Covered by the Seismic Survey (March 2, 2024)
Slide 46: 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 47: 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 48: Gold occurrences in rocks and tills and major prospects
Queensway Project: Gold occurrences in rocks and tills and major prospects
Slide 49: Regional drill targets at QWS
Regional drill targets at QWS
Slide 50: Goose – Nebula plan view map
Queensway Project - Goose – Nebula plan view map
Slide 51: Regional Exploration – VOA Option
Details of the VOA program can be found in the latest technical report. 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
Slide 52: VOA Option area; Phase I and Phase II Metallurgy
Queensway Project – VOA Option area plan view map (April 18, 2024) Phase I and Phase II Metallurgy On April 3, 2024, the Company announced results from its Phase I metallurgical testing commenced in 2023 which focused on three mineralized zones – Keats Main, Golden Joint, and Lotto. A total of 116 V
Slide 53: Metallurgical type-sections plan view; Sampling and Laboratory
Queensway Project- Plan view map of metallurgical type-sections from the Phase II metallurgical testing program (November 1, 2024) Sampling, Sub-sampling and Laboratory All drilling recovers HQ core. The drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections w