New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (March 2021)
36 slides from New Found Gold's investor presentation, March 2021
Slide 1: Canada's Newest High-Grade Gold Discovery
CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG OTC: NFGFF
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 10 QUEENSWAY PROJECT OVERVIEW Section 3 17 QUEENSWAY NORTH Section 4 23 QUEENSWAY SOUTH Section 5 27 2021 DRILLING PROGRAM Section 6 32 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 Keats highlights Lotto highlights • Project on Trans-Canada Interval Interval Hole No. Au (g/t) Hole No. Au (g/t) Highway 12km West of Gander, (m)* (m)* NFGC-19-01 19.0 92.9 NFGC-20-17 4.8 41.2 Newfoundland. NFGC-20-18 7.9 24.1 And 5.2 25.4 NFGC-20-19 18.9 31.2 NFGC-20-27 2.0 3
Slide 6: Capitalization
Current Ownership CAPITALIZATION 33% Basic Shares Outstanding 149,064,285 Broker Warrants @ $1.30 and $1.50 strike 653,578 Options 14,082,500 Eric Sprott 18% Fully Diluted Shares Outstanding 163,800,363 Working Capital $67M* Market Capitalization** $686M 11% **As of March 26, 2021 @ $4.60/share Rob
Slide 7: Leadership Team
LEADERSHIP TEAM Collin Kettell Craig Roberts, P.Eng. Denis Laviolette Dr. Quinton Hennigh, John Anderson Founder & Executive Chairman CEO & Director Founder & President Ph.D. Director Collin is the Founder & Executive Mining engineer with over Over 10 years of experience Director Over 25 years of ca
Slide 8: Key People and Advisors
KEY PEOPLE AND ADVISORS Greg Matheson, Michael Kanevsky, Ken Rattee Cal Everett, B.Sc. Paul Matysek, M.Sc. Bassam Moubarak P.Geo. CPA V.P. Exploration Advisor Advisor Advisor COO CFO Over 36 years’ experience in Geologist with more than Serial entrepreneur, geochemist Finance professional with A pro
Slide 9: History / Exploration Timeline
HISTORY / EXPLORATION TIMELINE Announces 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 cove
Slide 10: Queensway Project Overview
QUEENSWAY PROJECT OVERVIEW S E C T I O N 2 TSX-V: NFG | 10
Slide 11: Location & Access
LOCATION & ACCESS • Located on the Trans-Canada Highway, 15 minutes west of QUEENSWAY NORTH Gander, Newfoundland. TRANS-CANADA HIGHWAY NEWFOUNDLAND HELICOPTER BASE GANDER INTERNATIONAL AIRPORT TOWN OF APPLETON • A network of maintained forestry TOWN OF GANDER 138Kv Hydro roads provides excellent acc
Slide 12: The Dog Bay Suture: Host to Large Gold Deposits
BALTICA THE DOG BAY SUTURE: HOST TO LARGE GOLD DEPOSITS Greenland HBF DOG BAY LINE Britain • The Dog Bay Line (DBL) is a significant suture Ireland formed at the closing of the Iapetus Ocean and DALRADIAN can be found on both sides of the Atlantic Ocean. • New Found Gold identified this structure fo
Slide 13: Comparison to Bendigo/Fosterville
COMPARISON TO BENDIGO/FOSTERVILLE • While no two mineral systems are ever Comparable Features Bendigo Gold Belt, Australia Central Gold Belt, Newfoundland identical, there is strong evidence to Cambro-Ordovician suggest the Central Newfoundland Host Lithology to Devonian turbidites Middle Ordovician
Slide 14: Comparison to Bendigo/Fosterville
COMPARISON TO BENDIGO/FOSTERVILLE The Bendigo Analog – Victoria State, Australia NW SE penetrative mineralized low- fabric displacement faults NW SE NW SE Dog Bay line GRC line TSX-V: NFG | 14
Slide 15: Project Overview
N PROJECT OVERVIEW • The Queensway project (151,030 hectares or 1,510km²) covers more than 105km of strike on two primary fault zones, Appleton and JBP. GOLD ZONES ALONG 12.4KM OF JBP FAULT GOLD ZONES ALONG 7.8KM OF APPLETON FAULT • The project is divided by Gander Lake into Gander Queensway North a
Slide 16: Current 200,000m Exploration Program
CURRENT 200,000M EXPLORATION PROGRAM • Continued infill and step-out drilling at the Keats and Item Units Total Lotto discoveries. Drilling 186,000 $33,480,000 • Generation and refining of additional high-grade Airborne Gravity $1,200,000 targets on Queensway North utilizing historic results, ongoin
Slide 17: Queensway North
QUEENSWAY NORTH S E C T I O N 3 TSX-V: NFG | 17
Slide 18: Queensway North: Appleton and JBP Fault Zones
QUEENSWAY NORTH: N APPLETON AND JBP FAULT ZONES H POND The Queensway Project covers two prominent NE LOTTO 3km trending faults that cross the property which are the vital DOME POCKET POND fluid conduits allowing for the formation of gold deposits. KEATS The two fault zones are geologically best defi
Slide 19: Queensway North: Regional Exploration
QUEENSWAY NORTH: REGIONAL EXPLORATION • Systematic drilling to commence 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 | 19
Slide 20: Drill Testing 7.8km of Strike on Appleton Fault Zone
QUEENSWAY NORTH: DRILL TESTING 7.8KM OF STRIKE ON APPLETON FAULT ZONE • Five drills are now operating with three additional drills arriving shortly. • Drilling continues to test a corridor up to 500m wide along 7.8km of strike along east side of AFZ. • Corridor encompasses +12 identified high-grade
Slide 21: Queensway North: Drilling Overview
QUEENSWAY PROJECT SAMPLE LEGEND Drill Core Samples Surface Samples Channel Samples QUEENSWAY NORTH: Grab Samples DRILLING Keats highlights Hole No. Interval (m)* Au (g/t) Lotto highlights Hole No. Interval (m)* Au (g/t) OVERVIEW NFGC-19-01 19.0 92.9 NFGC-20-17 4.8 41.2 NFGC-20-18 7.9 24.1 And 5.2 25
Slide 22: JBP Fault Zone Overview
QUEENSWAY NORTH: JBP FAULT ZONE OVERVIEW 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. 798 g/t Au Boulder • Very few drill holes reach below 100m vertical depth and significant dist
Slide 23: Queensway South
QUEENSWAY SOUTH S E C T I O N 4 TSX-V: NFG | 23
Slide 24: Gold in Till Survey
N QUEENSWAY SOUTH: GOLD IN TILL SURVEY APPLETON FAULT JBP FAULT • In 2018 an ambitious regional scale till sampling program was completed targeting a 60km strike Gander length of the southern extension of the Appleton Southern Extension of Faults Lake and JBP Fault Zone along a 2 x 2km grid. • A sec
Slide 25: Gold in Till Anomalies
GOLD IN TILL ANOMALIES N • An extensive gold-in-till survey conducted by New Found yielded six large geochemical GOLD ZONES ALONG 7.8KM OF APPLETON FAULT GOLD ZONES ALONG 12.4KM OF JBP FAULT anomalies. Gander • These anomalies are coincident Lake with geophysical projections of the Appleton and JBP
Slide 26: Eastern Pond
N Subcrop Sample Cluster up to 15 g/t Au EASTERN POND 2020 PRELIMINARY TILL RESULTS EASTERN POND Till Sample with 163 Pristine Gold Grains LEGEND PRISTINE GOLD GRAIN COUNT A discovery area 45km south of 0-5 Field of Underwater 6-10 Queensway North drill program. Quartz Boulders 11-15 • Very high gol
Slide 27: 2021 Drilling Program
2021 DRILLING PROGRAM S E C T I O N 5 TSX-V: NFG | 27
Slide 28: Keats Plan Map
KEATS PLAN MAP Labels show most recently Keats highlights reported results (March Hole No. Interval Au (g/t) (m) 29, 2021) NFGC-19-01 19.0 92.9 NFGC-20-18 7.9 24.1 NFGC-20-19 18.9 31.2 NFGC-20-21 18.4 15.8 • High-grade now drill NFGC-20-23 41.4 22.3 NFGC-20-26 6.9 44.5 defined over 285m NFGC-20-28 4
Slide 29: Keats Long Section
KEATS LONG SECTION Labels show most recently reported results (March 29, 2021) 29
Slide 30: Lotto Discovery
LOTTO DISCOVERY • High-grade continuity Lotto highlights indicated over Hole No. Interval Au (g/t) (m)* +130m vertically. NFGC-20-17 4.8 41.2 And 5.2 25.4 • Network of NFGC-20-27 2.0 31.3 NFGC-20-44 3.0 38.7 secondary, generally Within 6.5 18.1 north-south striking, NFGC-20-50 2.1 65.3 NFGC-20-100 2
Slide 31: Lotto Discovery Cross-Section 6450N
LOTTO DISCOVERY CROSS-SECTION 6450N Looking north, 20m clipping • NFGC-21-109 and NFGC-21-115 confirm good continuity of high- grade gold mineralization to a vertical depth of approximately 130m. • The veining appears to be broadening and strengthening with depth and drilling to stepout further to d
Slide 32: Example High-Grade Mineralization
EXAMPLE HIGH-GRADE MINERALIZATION Keats Zone: NFGC-19-01 @ 106.5 m Lotto Zone: NFGC-21-100 @ 120.0m Keats Zone: NFGC-20-45 @ 47.5 m 32
Slide 33: Fosterville Swan Zone Analog
FOSTERVILLE SWAN ZONE ANALOG S E C T I O N 6 TSX-V: NFG | 33
Slide 34: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 34
Slide 35: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE Queensway Project Fosterville Mine Queensway Project Fosterville Mine TSX-V: NFG | 35
Slide 36: Craig Roberts
Craig Roberts croberts@newfoundgold.ca newfoundgold.ca TSX-V: NFG OTC: NFGFF newfoundgold.ca