New Found Gold (NFG) Corporate presentation summary

Strategic positioning and jurisdiction

• Operating in Newfoundland, a top 10 global mining jurisdiction with strong government support and clear permitting processes.

• Infrastructure includes highway access, renewable power, airport, and deep-water ports.

• Fully funded with $148M in cash and marketable securities and a $105M credit facility.

Leadership and team

• New board and management with a proven track record in mine development and operations.

• Focused on advancing the Queensway project to cash flow.

Project development and milestones

• Queensway Gold Project advancing through a phased approach: Phase 1 (2027 start), Phase 2 (on-site processing), Phase 3 (underground mining).

• Hammerdown Gold Project targeting commercial production in H2 2026.

• EPCM contract awarded to WSP Canada Inc.; first gold pour expected by year-end 2027.