Canada’s Newest

At the Center of the Newfoundland Gold Rush

400,000m drill
campaign underway
~ $140 million in
working capital
Supportive Large
Strategic Shareholders

About Us

New Found Gold Corp.

New Found Gold is advancing its 100% owned 1,510km2 Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 400,000m drill campaign is underway utilizing nine drills, with plans to ramp up to fourteen drills, focused on a 7.8km corridor along the Appleton fault and a 12.4km corridor along the JBP fault.

Multiple high-grade targets

Multiple other high-grade targets are now being pursued over 7.8km of strike along the Appleton Fault Zone and 12.4km along the JBP Fault Zone. Work is also underway to define additional drill targets on approximately 70km of prospective strike along the Appleton and JBP fault structures on the southern portion of the Queensway property.

~ $140 million in working capital

New Found is well funded to pursue its exploration programs.

Drilling Highlights

1. 25.6m of 146.2 g/t Au Keats
2. 5.25m of 430.2 g/t Au Golden Joint
3. 17.7m of 124.4 g/t Au Keats
4. 7.2m of 261.3 g/t Au Keats
5. 11.5m of 150.3 g/t Au Lotto
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 Main Zone, 80% to 90% at Lotto Main Zone, 70% to 90% at Golden Joint, 65% to 75% at Dome, 85% to 95% at Road, and unknown at other targets. Intervals are calculated at a 1 g/t Au cut-off grade; grades have not been capped in the averaging.

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