New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (October 2021)
40 slides from New Found Gold's investor presentation, Oct 14, 2021
Slide 1: Canada's Newest High-Grade Gold Discovery
CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG NYSE AMERICAN: 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 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 Hole No. Interval Au • Project located on Trans- (m) (g/t) (m) (g/t) Canada Highway 15km west of Keats Zone Lotto Zone Gander, Newfoundland. NFGC-19-01 19.0 92.9 NFGC-20-17 4.8 41.2 NFGC-20-19 18.9 31.2 And 5.2 25.4 • Drilling advancing
Slide 6: Capitalization
CAPITALIZATION Basic Shares Outstanding 158,701,028 Broker Warrants @ $1.30 and $1.50 strike 73,585 Options 14,465,250 Fully Diluted Shares Outstanding 173,239,863 Working Capital $105M Market Capitalization* $1,421M *As of October 14, 2021 @ $8.96/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 Professional mining engineer with Over 10 years of experience in Economic geolog
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 Expanded regional till High-grade Completed detailed till Completed a regional Completed airborne program to cover Announces increase zone drill sampling program scale till survey to gravity to test additional 750 sites / in drilling program to confirmed covering the J
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 TARGETS ALONG 7.8KM OF APPLETON FAULT TARGETS ALONG 12.4KM OF JBP FAULT 100km of strike on two primary fault Gander zones: Appleton and JBP. Lake • Project divided by Ga
Slide 12: Queensway North
QUEENSWAY NORTH • 200,000m program ongoing on Queensway North utilizing nine drills with a 10th starting shortly. • 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
Slide 13: Geologic Setting
GEOLOGIC SETTING • The Dog Bay Line (DBL) is a significant suture BALTICA formed at the closing of the Iapetus Ocean and can be found on both sides of the Atlantic Ocean. DOG BAY LINE • New Found Gold identified this structure for its HBF Britain Greenland significant gold potential and consolidated
Slide 14: Structural Setting
STRUCTURAL SETTING NW SE penetrative mineralized low- fabric displacement faults NW SE NW SE Dog Bay line GRC line TSX-V: NFG | 14
Slide 15: 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 approximately 105km of strike within this host stratigraphy. Regional Mag-EM Composite TSX-V
Slide 16: Geology & Mineralization
GEOLOGY & MINERALIZATION Comparable Features Bendigo Gold Belt, Australia Central Gold Belt, Newfoundland • Gold mineralization hosted in middle Ordovician sediments, of Cambro-Ordovician to Middle Ordovician turbidites Devonian turbidites sub-greenschist to greenschist Host Lithology (shales, silts
Slide 17: Queensway North
QUEENSWAY NORTH S E C T I O N 3 TSX-V: NFG | 17
Slide 18: Appleton Fault Zone
APPLETON FAULT ZONE • Drilling continues to test a corridor up to approximately 1km wide along 7.8km of strike along the Appleton Fault Zone. • Recent high-grade drill intervals returned from Appleton Fault Zone at Keats, Golden Joint, and Lotto along 2.6 km of strike on the AFZ. • This corridor enc
Slide 19: Keats to Lotto 2.6 km Long Section
KEATS TO LOTTO 2.6 KM LONG SECTION Keats Zone Highlights Golden Joint Zone Highlights Lotto Highlights Hole No. Interval Au Interval* Hole No. Interval Au Hole No. Au (g/t) (m) (g/t) (m) (m) (g/t) NFGC-19-01 19.0 92.9 • Keats high-grade zone now Golden Joint Main: Lotto Main: NFGC-20-17 4.8 41.2 NFG
Slide 20: Keats Long Section
Keats Highlights KEATS LONG SECTION Most recently released holes only are labeled Hole No. Interval* (m) Au (g/t) NFGC-19-01 19.0 92.9 NFGC-20-18 7.9 24.1 *Note that the host structures along the Appleton NFGC-20-19 18.9 31.2 Fault Zone are generally interpreted to be steeply dipping and true widths
Slide 21: Keats Plan Map
Keats Highlights Most recently released holes only are labeled KEATS PLAN Hole No. Interval* (m) Au (g/t) NFGC-19-01 19.0 92.9 MAP NFGC-20-18 NFGC-20-19 NFGC-20-21 7.9 18.9 18.4 24.1 31.2 15.8 NFGC-20-23 41.4 22.3 • High-grade gold now drill NFGC-20-26 6.9 44.5 NFGC-20-28 4.1 40.1 defined over 530m
Slide 22: Keats Cross Section
KEATS CROSS SECTION Most recently released holes only are labeled *Note that the host structures along the Appleton Fault Zone are generally interpreted to be steeply dipping and true widths are estimated to be 85% to 95% of reported widths at Keats, 80% to 90% at Lotto, 70% to 90% at Golden Joint,
Slide 23: Golden Joint to Lotto
GOLDEN JOINT TO LOTTO Lotto Highlights Interval* • Targets along this 1km corridor Hole No. (m) Au (g/t) include Golden Joint, Golden Joint Lotto Main: NFGC-20-17 4.8 41.2 HW, Road, Dome, Lotto, and And 5.2 25.4 Sunday. NFGC-20-27 2.0 31.3 NFGC-20-44 3.0 38.7 • Lotto, Golden Joint, and Golden Within
Slide 24: Golden Joint Long Section
GOLDEN JOINT LONG SECTION Most recently released holes only are labeled • Golden Joint is a new discovery area approximately 1km north of the Keats Zone. • An intercept of 430.2 g/t Au over 5.25m in hole NFGC-21-241 in new discovery at Golden Joint Zone announced June 30, 2021. *Note that the host s
Slide 25: Golden Joint Plan View
GOLDEN JOINT PLAN VIEW Most recently released holes only are labeled • Golden Joint is a new discovery area approximately 1km north of the Keats Zone. • An intercept of 430.2 g/t Au over 5.25m in hole NFGC-21-241 in new discovery at Golden Joint Zone announced June 30, 2021. *Note that the host stru
Slide 26: Lotto Long-Section
LOTTO LONG-SECTION • Drilling to date at Lotto has defined a zone of high-grade gold mineralization with good continuity to a depth of approximately 130m and open. • Mineralization is hosted in an approximately 65o dipping vein filled structure. • The mineralization drilled at Lotto is interpreted t
Slide 27: Lotto Composite Cross-Section
LOTTO COMPOSITE CROSS-SECTION Looking north, 325m clipping 27
Slide 28: "Big Dave" Discovery
“BIG DAVE” DISCOVERY • A new zone of high-grade gold mineralization “Big Dave” has been discovered along the Appleton Fault with surface sampling returning up to 1,131 g/t • This showing is located 2km north of the Lotto Zone and 4km north of the Keats Zone • This newly found area illustrates the pr
Slide 29: Example Mineralization
EXAMPLE MINERALIZATION Keats Zone: NFGC-19-01 @ 106.5m Lotto Zone: NFGC-21-100 @ 120.0m Keats Zone: NFGC-20-45 @ 47.5m 29
Slide 30: Example Mineralization
EXAMPLE MINERALIZATION Golden Joint Zone: NFGC-21-241 between 207.85 and 213.1m
Slide 31: 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 N depth. • Very few drill holes reach below 100m vertical depth and significant distances 798 g/t Au Boul
Slide 32: 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 | 32
Slide 33: Queensway South
QUEENSWAY SOUTH S E C T I O N 4 TSX-V: NFG | 33
Slide 34: Gold in Till Survey
N GOLD IN TILL SURVEY APPLETON FAULT • In 2018 a regional scale till sampling program was completed targeting a JBP FAULT 60km strike length of the southern extension of the Appleton and JBP Fault Zone utilizing a 2km x 2km grid. Gander Southern Extension of Lake • Following up on results from this
Slide 35: Gold in Till Anomalies
GOLD IN TILL ANOMALIES N • The gold-in-till survey work has outlined six broad areas of anomalous in gold in till counts, as shown in red in figure to the right. GOLD ZONES ALONG 7.8KM OF APPLETON FAULT GOLD ZONES ALONG 12.4KM OF JBP FAULT • These anomalies are coincident with Gander Lake projection
Slide 36: Eastern Pond
N Subcrop Sample Cluster up to 15 g/t Au EASTERN EASTERN POND 2020 PRELIMINARY TILL RESULTS POND The Eastern Pond target is LEGEND Till Sample with 163 located approximately 45km Pristine Gold Grains PRISTINE GOLD GRAIN COUNT south of Queensway North drill Field of Underwater 0-5 6-10 program. Quart
Slide 37: Fosterville Swan Zone Analog
FOSTERVILLE SWAN ZONE ANALOG S E C T I O N 5 TSX-V: NFG | 37
Slide 38: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 38
Slide 39: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 39
Slide 40: TSX-V: NFG NYSE American: NFGC
TSX-V: NFG NYSE AMERICAN: NFGC newfoundgold.ca contact@newfoundgold.ca +1 (910) 406 2407
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