Slide 1: The Genesis of an Epizonal Deposit
THE GENESIS OF AN EPIZONAL DEPOSIT Dr. Quinton Hennigh, Director September 2020
Slide 2: Vertical Zonation in Orogenic Lode Au Systems
Depth (km) Orogenic Deposits 0 VERTICAL Hg ZONATION IN OROGENIC Hg-Sb 1 LODE Epizonal THE QUEENSWAY PROJECT FALLS WITHIN THE EPIZONAL AU SYSTEMS Au-Sb OROGENIC LODE AU REGIME WITH POTENTIAL FOR VERY COMPRESSIONAL HIGH AU GRADES TRANSPRESSIONAL ENVIRONMENTS 5 Mesozonal Au-As-Te 10 Hypozonal Au-As TSX
Slide 3: Depositional Setting of the Queensway Lode Au System
SLOPE THRUST FRONT SEDIMENTS ACCRETIONARY ACTIVE PROSPECTIVE FOREARC WEDGE DEPOSITIONAL OUTER BASIN RIDGE BACKTHRUST PIGGYBACK BASIN SETTING OF THE QUEENSWAY LODE AU SYSTEM FOREA BASEM C R ENT UNDERPLATING AND DUPLEXING DÉCOLLEMENT OCEAN IC CRUST VERTICALLY EXAGGERATED LITHO SPHER MANT IC LE SUBDUCT
Slide 4: Style of Mineralization of the Queensway Lode Au System
STYLE OF MINERALIZATION OF THE QUEENSWAY fold/shear concentration LODE AU SYSTEM quartz reefs py recharge of py pyrite overgrowths meteoric fluids Au-As rims py py recrystallisation of py po py py po FeS2 FeS py po release of Au, As, H2S 1km 5km metamorphic fluids chlorite - biotite TSX-V: NFG | 4
Slide 5: Structural Domain of Mineralization in Orogenic Lode Au Deposits
To Paleosurface GENERALIZED STRUCTURAL DOMAIN OF THE STRUCTURAL MINERALIZATION Fe-carbonate abundant DEPOSITED IN QUEENSWAY Predominately pyrite PROJECT DOMAINS OF Breccias BRITTLE DEFORMATION OROGENIC LODE PREDOMINATES Stockwork AU DEPOSITS Increasing P,T (depth) Horsetails Duplex structures BRITTL
Slide 6: Comparison to the Fosterville Swan Zone
COMPARISON TO THE FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from the Keats zone, Queensway Project; right, core from the Eagle Left, core from the Keats zone, Queensway Project; right, hand specimen from zone, Fosterville Mine. Comparison
Slide 7: Comparison to the Fosterville Swan Zone (Continued)
COMPARISON TO THE FOSTERVILLE SWAN ZONE (CONTINUED) Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from Keats zone, Queensway Project; right, core from the Eagle zone, Left, core from Keats zone, Queensway Project; right, core from the Eagle zone, Fosterville Mine.
Slide 8: New Found Gold's Queensway Project
N NEW FOUND GOLD’S QUEENSWAY PROJECT GOLD ZONES ALONG 5KM OF APPLETON FAULT GOLD ZONES ALONG 3KM OF JBP FAULT Gander • Queensway Project (151,030 hectares) covers Lake more than 105 km NE to SW strike on two primary fault zones, Appleton and JBP. • The Queensway project is divided by Gander Lake int
Slide 9: Regional Mag-EM Composite
Regional Mag-EM Composite Queensway Project TSX-V: NFG | 9
Slide 10: Main lapatus sut
ure BALTICA Main lapatus sut is x ing a re read t u r Su T h o c sp DOG BAY LINE lanti HBF Britain Greenland h At Nort Ireland DALRADIAN LAURENTIA CBF LL SF N Labrador FZ SF BBL IL W M R B L D B GRU MARATHON QUEENSWAY PROJECT Iberia BBF HF D Avalonia Ganderia Newfoundland GONDWANA CCF LOF Meguma Afr
Slide 11: Queensway Project Sample Map
QUEENSWAY PROJECT SAMPLE LEGEND Drill Core Samples Surface Samples N Channel Samples Grab Samples e on lt Z u Fa on let p Ap ZONE 36 2 New Veins Exposed over 100m Strike Length in 2020 LOTTO ZONE 14.3 g/t Au over 2.1m 10.0 g/t Au over 2.3m TRENCH 26 934.4 g/t Au 1.05 g/t Au over 29.1m 425.8 g/t Au G
Slide 12: Vertical Zonation in Orogenic Lode
95 00 QUEENSWAY PROJECT SAMPLE LEGEND N Drill Core Samples Surface Samples Channel Samples 90 00 N Grab Samples e VERTICAL on 85 00 lt Z N u Fa ZONATION IN on 80 let 00 N p Ap ZONE 36 OROGENIC LODE 2 New Veins Exposed over 100m Strike Length in 2020 LOTTO ZONE 75 00 14.3 g/t Au over 2.1m N 10.0 g/t
Slide 13: Reported Intervals: Hole NFGC-19-01
Hole ID Sample# From To M Au (g/t) Reported Intervals NFGC-19-01 X943088 89.00 90.00 1.00 0.13 NFGC-19-01 X943089 90.00 91.00 1.00 0.76 NFGC-19-01 X943091 91.00 92.00 1.00 0.23 NFGC-19-01 X943092 92.00 93.00 1.00 0.17 NFGC-19-01 X943093 93.00 94.00 1.00 0.11 NFGC-19-01 X943094 94.00 95.00 1.00 0.28
Slide 14: TSX-V: NFG | 14
KEY Fault Distributed Fault Zone Bedding Parallel Fault Anticline Syncline Laminated Quartz Bedding Form Line Kestrel Black Shale MINERALIZATION Strong Medium Weak Visible Gold TSX-V: NFG | 14
Slide 15: Style of Drilling Necessary to Drill Epizonal Deposits
STYLE OF DRILLING NECESSARY TO DRILL EPIZONAL KEY Fault Distributed Fault Zone Bedding Parallel Fault HIGH GRADE Anticline Syncline Laminated Quartz Bedding Form Line Kestrel Black Shale LODE AU MINERALIZATION Strong Medium Weak Visible Gold DEPOSITS OF THE FOSTERVILLE TYPE KEY Fault Distributed Fau
Slide 16: Au_gpt Lith_Group2
Au_gpt Lith_Group2 Fault 179.769313 x 10306 Felsic Intrusive Felsic Volcanic 0 x 10306 Mafic Intrusive 0 x 10306 Mafic Volcanic Mineralized Zone 0 x 10306 Mudstone 0 x 10306 Overburden Quartz Vein 0 x 10306 Sandstone Sediment Undifferentiated Shale Siltstone Ultra Mafic Intrusive Ultra Mafic Volcani
Slide 17: Au_gpt Lith_Group2
Au_gpt Lith_Group2 Fault 179.769313 x 10306 Felsic Intrusive Felsic Volcanic 0 x 10306 Mafic Intrusive 0 x 10306 Mafic Volcanic Mineralized Zone 0 x 10306 Mudstone 0 x 10306 Overburden Quartz Vein 0 x 10306 Sandstone Sediment Undifferentiated Shale Siltstone Ultra Mafic Intrusive Ultra Mafic Volcani
Slide 18: newfoundgold.ca
newfoundgold.ca