New Found Gold Corp · TSX:NFGC

New Found Gold — Investor Day (October 2026)

78 slides from New Found Gold's investor day presentation, Oct 26, 2026

  1. Slide 1: Canada's Newest Gold Producer - Capital Market Day

    ay NEWFOUNDGOLD “N NEWFOUNDGOLD CANADA’S NEWEST GOLD PRODUCER Capital Market Day —- October 26, 2026

  2. Slide 2: Disclaimer

    \/ DISCLAIMER et This presentation, and theinformation contained herein, has been provided to you by New Found Gold Corp. (*New Found Gold", -NFGC" or the “Compary*) solely for information purposes. \While the information contained inthis presentation s believad to be accurate, New Found Gold expres

  3. Slide 3: Welcome and Opening Remarks

    Welcome and Opening Remarks Fiona Childe, Ph.D., P.Geo., VP Communications and Corporate Development

  4. Slide 4: Agenda and speakers

    Paul Andre Huet, Cl Mayor of Gander Address Percy Farwell Corporate Overview Keith Boyle, P.Eng., Chief Executive Officer Finance Update Hashim Ahmed, CPA, CA, Chief Financial Officer Queensway MRE Update and Exploration Review Melissa Render, P.Geo., President Queensway Revised PEA and Development

  5. Slide 5: Corporate Video

    Corporate Video

  6. Slide 6: Chairman Remarks

    Chairman Remarks Paul Andre Huet Chairman

  7. Slide 7: Town of Gander

    ron OF GANDER

  8. Slide 8: Corporate Overview

  9. Slide 9: Why New Found Gold

    ay WHY NEW FOUND GOLD NEWFOUNDGOLD EO Ar «A Ar GROWING GOLD PRODUCER | 6 newrounotano® FULLY FUNDED TO PRODUCTION i TOP MINING JURISDICTION | _t ; NEWFOUNDLAND AND LABRADOR, CANADA @Pmecovemnt é HAMMERDOWN GOLD MINE @) GOOD ENTRY POINT | ge BOTTOM OF LASSONDE CURVE Re a te PROLIFIC PROPERTY PACKAGE

  10. Slide 10: Top Mining Jurisdiction

    TOP MINING JURISDICTION NEWFOUNDLAND & LABRADOR: CONSISTENTLY RANKED A TOP MINING JURISDICTION a) GOVERNMENT Mining-supportive | Provincial government goal to build 5 new mines by 2030 ih WORKFORCE Skilled workforce | Mining- positive business-friendly jurisdiction eG PERMITTING Clear, timely provin

  11. Slide 11: Key Assets

    1 S00 Now Found Gad technla per ea KEY ASSETS et { STOG’ER TIGHT (i) (® New Found Gold Projects PINE COVE MILL A © Deposit Permitted mill and tailings facility Baie Verte © mill . Airport Hub and Spokes Mine Plan: — Trans-Canada Highway = Currently processing 700 tpd from Hammerdown - . ee Highway H

  12. Slide 12: Production Profile and Cashflow

    PRODUCTION PROFILE AND CASHFLOW of The Path to >200,000 Ounce Annual Gold Production with Strong Cashflow AISC: Queensway: US$1,375/0z Hammerdown: US$2,429/0z ad Combined: US$1,469/oz 200 ~194 Koz/yr 200 q ~129 Koz/yr = 150 Fs g S 3 100 e é 50 -50 2027 2028 2029 2030 2031 2032 2033 (2034 2035 Year m

  13. Slide 13: Capital Structure

    CAPITAL STRUCTURE iecnodeLs i) KEY SHAREHOLDERS® d\\ CAPITALIZATION" Shares - Basic 385.9M ERIC SPROTT Options, RSUs & DSUs 10.2M 19% _| Warrants? 15.0M Sprott LIBRA Shares -F.D. 411.0M Sake Share Price $2.19 Market Cap $845M EDGEPOINT 52 Week High/Low $4.89/$1.88 Mt Earth Resource cuss i Average Da

  14. Slide 14: Directors & Senior Leadership

    ay DIRECTORS & SENIOR LEADERSHIP NEWFOUNDGOLD New Found Gold has a new board and management team with as i ord of successful mine development and operation ay Paul Andre Huet Chair Tamara Brown':2 Keith Boyle Chad Williams" Allen Palmiere* Dr. Andrew Furey ay Keith Boyle Melissa Render Hashim Ahmed

  15. Slide 15: Finance Update

    Finance Update

  16. Slide 16: 2026 Finance Package

    2026 FINANCE PACKAGE Q2/26: $220M Finance Package Closed $115M Bought Deal Financing: v At-market Y Full exercise of underwriters' over-allotment Y Lead orders from EdgePoint and cornerstone investor Eric Sprott 1, Sos New Found Gold's news releases dated April 20, 2026, Aprit27, 2026, and May 19, 2

  17. Slide 17: Funded to Production

    FUNDED TO PRODUCTION NEWFOUNDGOLD Funded to Advance Queensway with Existing Debt Facility, Cash Position & Hammerdown Cashflows'? Funding Position (C$ million) Sources | Uses $61 $290 ($150) — $35 $17 f ' S| ammerdown | t ' $177 Lay | FCF Q4 2026 / | ' i i 2027 i ' ' ($27) eee eee 4 H Saar - gee ($4

  18. Slide 18: Queensway MRE Update

    Queens MRE Update

  19. Slide 19: Creating Value Through Exploration

    \ (ly ~ CREATING VALUE THROUGH EXPLORATION" NEWFOUNDGOLD Queensway Key Exploration Milestones & Expenditures Discovery to 2023 2024 Drilling 2025 Drilling? 2026 Drill Program* 2026 Target Overview * Delineation along AFZ, * Resource-definition * +74,000m (614 DDH) * Program underway —focus on mostly

  20. Slide 20: Orogenic Gold Environment

    HAMMERDOWN PROJECT QUEENSWAY PROJECT POLLOCK et al., 2007 OROGENIC GOLD ENVIRONMENT Key Tectonic Processes Set the Stage for Gold Continent-continent collision and terrane accretion Development of deep- seated, regional-scale structures Magmatism, metamorphism and deformation Turbidites deposited un

  21. Slide 21: Queensway Regional & Property Geology

    QUEENSWAY REGIONAL & PROPERTY GEOLOGY a Setting. Queensway lies on an Appalachian collision margin. The Dog Bay Line is a major Silurian suture form a fold-thrust sequence above the ultramafic—mafic Gander River Complex (GRUB) and below the Indian Island Group truc s. Collision and deformation devel

  22. Slide 22: Queensway 2026 Exploration Overview

    ay QUEENSWAY 2026 EXPLORATION OVERVIEW NEWFOUNDGOLD Project Focus- De-risking: * Resource Conversion (infill): 100% of Phase 2 pits, 50% of Phase 3 (UG) * Grade Control: Iceberg and Keats grid expansions covering the year 1 mine plan * Geotechnical and Hydrogeological drilling Exploration & Growth F

  23. Slide 23: Queensway Updated MRE

    QUEENSWAY UPDATED MRE M&l gold increases 38% to 1.92 Moz 27.3 Mt at 2.19 g/t Au Dropkick adds 82 koz Indicated and 147 koz Inferred New zone contributes to resource growth Growth supported by updated pit optimizations Additional drilling and an updated geological model Inferred gold broadly unchange

  24. Slide 24: Location - Newfoundland Overview

    Location - Newfoundland Overview Ka Gander Central Newfoundland Gold Properties » wOkm POWERED BY *VRII Sou Fn 0 estar Eh ToNTOn GaN FAD NOBE SOS. RCN Pale Carats anhsey Geogetioe ‘Paty #08 “Om sk COBESAAS, Yeps:donmonewirecicrg rac ppt anGesO8

  25. Slide 25: Queensway - Grab Samples

    Queensway - Grab Samples Dropkick JBP Fault Zone Dog Bay Line Greenwood os GRUB Line B47 oot Queensway Property highlighting the Appleton Fault Zone and key target areas. | POWERED BY #*VRIFY 4

  26. Slide 26: Potential

    Potential Queensway Updated MRE (AFZ Core, AFZ Peripheral and JBP) Tonnage race Gold Content cc Cao) hoz AL) Appleton Fault Zone ‘open Pe (0.0 g/t eut-off grace) — Dropkick AFZ Peripheral 2025 MIRE to Updated MRE Var Diference 8 Difernoe a (Gace consinee Ga Sea co rm (ezAe) See Appendix for MRE note

  27. Slide 27: Appleton Fault Zone

    Appleton Fault Zone Keats West AFZ Core Gold Vein / Fault Model POWERED BY #*VRIFY

  28. Slide 28: Appleton Fault Zone

    Appleton Fault Zone Bone ‘AFZ Core MRE block model, blue UG blocks (Inferred), green UG blocks (indicated) POWERED BY #*VRIFY

  29. Slide 29: Depth Potential

    Depth Potential Nreo-24-203 5.60 aft au over 6.9 a 138.49) nroe-26.2227) 5120 ah As over 2.9m 9¢ 170.86) 2Ar satiate \ | teeter (\i) = 250m 500m Legend 000m Block Model Grade Au gft (Jens © bome Boat (>) Golden Dome B w-20 Resource © Keats-AFZ Deep @ 20-50 es: 60-100 _ Keats-South Deep a AFZ Core De

  30. Slide 30: Dropkick-MRE

    Dropkick-MRE DROPKICK Ga 428 git Au over 14.95 m (NFGC-24-2225) 6.79 oft Au over 16.35 m (NFOC-25-2518) AFZ 72.gft Au over 10.15 m (NFOC-25-2448) Dropkick Zone illustrating promising results on the east side of the AFZ with limited drill testing POWERED BY #*VRIFY ;

  31. Slide 31: Dropkick MRE

    Dropkick MRE, blue UG blocks (inferred), green UG blocks (indicated) POWERED BY #*VRIFY Dropkick-MRE DROPKICK Rooourea BW ee | oo ce a 1.4km . mae [Baw 7 a> EN 4

  32. Slide 32: Dropkick expansion potential

    Dropkick expansion potential POWERED BY #*VRIFY Dropkick -Exploration NFGC-25-2624. 1.25 gjt Au over 10.60 m NFGC-25-2403. 4.54 g/t Au / 19.00m NFGC-25-2408 NFGC-25-2390. 4.55 g/t Au / 28.55m 20.9 gft Au /11.10m NFGC-25-2329 NFGC-25-2394- 8.64 g/t Au / 5.65m 8.31 g/t Au/18.20m NFGC-25-2317 29.2.g/t

  33. Slide 33: Location - Newfoundland Overview

    Location - Newfoundland Overview ROSIE! NST RES ALT ARSC EER ETE ee POWERED BY *VRII ‘Sous Fn. uso scar Es TuNTOR GN FAD NOE SOS. Cn Pa ‘ea eat Geogptine V8} ROIBSPE Dy CORY SAAD, ‘germane crc mynd

  34. Slide 34: Hammerdown Gold Project map

    < f & | Legend i & HarimertiesiaGold Project ® [1] FireFly Metals Property ier Tight Deposit New Found Gold Assets + é P ysbaraR Us # . * selthociBUsecoxfrunty VRIFY 2g tier cater Via

  35. Slide 35: Hammerdown Gold Project Consolidated MRE

    Harimerdown Gold Project Consolidated MRE (effective date January 22, 2026) aie nan Measured & Undergrounes - Hamnmerdown Pit f Open Fi [sae — L i Saea Sorter ect tockpla Mesure & Hammerdown MRE POWERED BY #*VRIFY

  36. Slide 36: Hammerdown MRE and expansion potential

    Block Model Au g/t [ ee Bes-co 80 Orion Hammerdown Hammerdown MRE and expansion potential POWERED BY #*VRIFY

  37. Slide 37: Combined Land Package and Gold Trends

    eee — Trans-Canada Highway (A) STOG’ER TIGHT =o (@) pine cove |" (ay PINECOVE | @-/ MING MINE % FireFly ) (AD Proper |< co 8 ag it re E (() NUGGET POND HGP }~ J Sanit suey { HAMMERDOWN fj) er Rock Sample eal kings's Point © AuShowings => Regional Fautt ([G@ Hammerdown Gold Project Deposit Prospect H

  38. Slide 38: Queensway Revised PEA and Development Plan; Hammerdown Operational Review

    Queensway ‘ Revised PEA and Development Plar} - Hammerdown <— % a Operational Review : yy ~<s * Rob Assabgui, P.Eng., Chief Operate Officer = L> -

  39. Slide 39: Our Assets

    OUR ASSETS Queensway Gold Project + Atsurface deposit / high-grade core * Solid low-cost production profile, low initial capex & phased approach > Primary conventional open pit mine nplement high-grade inderground mechanized cut and fil » Phase 1: processed at expanded offsite Pine Cove Mill (700 tp

  40. Slide 40: Hammerdown Gold Mine

    HAMMERDOWN GOLD MINE iecnodeLs Acquired in Q4/25 Maritime Resources Transaction Commercial Production Declared mid-2026 Hub and Spoke Mine Plan: + Three deposits, Hammerdown, Orion and Stog’er Tight, centered around Pine Cove Mill Robust Economics: + After-tax NPVs», of $199.2 M at base case, rising

  41. Slide 41: Hammerdown Operational Update

    ay _ HAMMERDOWN OPERATIONAL UPDATE NEWFOUNDGOLD Mining Activities Ore Tonnes Mined (kt) Q3 2026 YTD 2026 Waste Tonnes Mined (kt) Processing Activities Total Tonnes Processed (kt) 1,054 2,614 Total Tonnes Mined (kt) 1,293 3,209 Strip Ratio (Waste/Ore) 12.40 12.63 Avg. Gold Recovery (%) ‘Avg. Gold Gra

  42. Slide 42: Queensway Revised PEA Highlights

    QUEENSWAY REVISED PEA HIGHLIGHTS ae $1.7B/$2.2B N PV 504) (After-tax; base/upside) 2025 PEA Key Revisions: 38% increase in M&l mineral resource to 1.92 Moz Added Dropkick Zone to MRE/mine plan Phase 1 with gravity-CIL at 100% owned Pine Cove Mill 126% / 164% Initial mining with a contractor, transit

  43. Slide 43: Queensway 2025 PEA vs Revised PEA

    QUEENSWAY 2025 PEA VS REVISED PEA iecnodeLs la 1025 PEA Revised PEA What’s the Same What’s Different | Phase | 700 tpd Processing 700 tpd Queensway to Pine Offsite Processing * 700 tpd Nugget Pond retrofit vs 1,400 tpd Pine Cove offsite (Convert Cove (plus converting of existing retrofit and expansi

  44. Slide 44: Queensway Development Strategy

    ay NEWFOUNDGOLD QUEENSWAY DEVELOPMENT STRATEGY Three-phase, self-funded development strategy: — Ooo — Oo! cee | 2027 - 2030 2031 - 2032 2031 - 2032 + Milling of OP mineralized material + OP and UG mineralized material * Queensway Mill Gravity- Flotation circuit expanded (5,000 tpd) to more rapidly p

  45. Slide 45: Queensway Revised PEA

    QUEENSWAY REVISED PEA since With stronger economics and an expanded resource base, Queensway is fully funded to become Canada’s next mid-tier gold producer RO} Ave. Annual AISC Ave. Annual Cash Cost US$1,375/o0z US$985/oz ") Total Production (1s year mine tite) Avg. Annual Production (om/2031-2035)

  46. Slide 46: Location - Newfoundland Overview

    Location - Newfoundland Overview Legend EON ree a [0D Queensway Gold Project @) _ [i] Hammerdown and Pine Cove Operations @) BS ches dland & Labrador New Brunswick ‘The Queensway Project, Hammerdown Operation and Pine cove Operation ate located in Central Newfoundland, in areas of excellent access a

  47. Slide 47: Queensway land package and location

    Queensway: large land package that covers a 110 km strike extent along two two major structures controlling gold mineralization. Located along the Trans Canada highway, 15km west of the town of Gander. ERE: - xa POWERED BY #*VRIFY

  48. Slide 48: Queensway Phase 1 Open Pits at AFZ Core

    Queensway Phase 1 Open Pits at AFZ Core Legend ‘s, Jackpot Pit is (0) waste Rock Storage Facility > a (1) Mineralized stockpile -_Overburden Storage Facility 0) explosive storage Sedimentation Ponds ; (0) sound Berm “a OD industria terrace en BD open pits w= Haul Roads Iceberg Pit ‘Access Road Trans

  49. Slide 49: Site Infrastructure and Open Pit Design

    Legend (9) Waste Rock storage Facility D) mineralized stockpile - Overburden Storage Facility 1) expiosive storage Sedimentation Ponds (0) sound Bem OD industria terrace xe B® open its | in-pit Taiings savage) === HaulRoads ae === Powerline (Proposed) Powerline (Existing) Site Infrastructure and Ope

  50. Slide 50: AFZ Core UG Infrastructure & Stopes

    Queensway Phase 2-3: AFZ Core UG Infrastructure & Stopes Underground Development ‘a 7 PEA Underground Infrastructure and Stope Design POWERED BY #*VRIFY

  51. Slide 51: AFZ Core to AFZ Peripheral with PEA Pit Shells

    Ce aa AFZ Peripheral AFZ Core to AFZ Peripheral areas with MRE Block Model and PEA Pit Shelis ayn

  52. Slide 52: Midway Pit and Dropkick Pit

    Midway Pit =e Block Model Grade Au g/t: ~ ae Som ~ Dropkick Pit

  53. Slide 53: Dropkick Underground Infrastructure

    Underground Development @ Development B Stopes Dropkick Underground Infrastructure POWERED BY #*VRIFY Queensway AFZ Peripheral (Dropkick) UG Infrastructure & Stopes

  54. Slide 54: Queensway Phase 1 Open Pits at AFZ Core

    Queensway Phase 1 Open Pits at AFZ Core Legend ‘s, Jackpot Pit is (0) waste Rock Storage Facility > a (1) Mineralized stockpile -_Overburden Storage Facility 0) explosive storage Sedimentation Ponds ; (0) sound Berm “a OD industria terrace en BD open pits w= Haul Roads Iceberg Pit ‘Access Road Trans

  55. Slide 55: Rehabilitation phase site view

  56. Slide 56: Queensway Mining Schedule & Grade

    QUEENSWAY MINING SCHEDULE & GRADE ° NEWFOUNDGOLD Phase 1 2.09 git Au 180 Avg. Feed Grade: 1,800 13.41 git Au 160 1,600 140 1,400 Annual Production (Koz) o Ss Ss » ° 36 3 AISC US$/oz Au 80 800 60 600 40 400 20 200 2027 2028 2029 2030 | 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 @mPhase1 m

  57. Slide 57: Queensway Production by MRE Category

    Gold Production (koz) QUEENSWAY PRODUCTION BY MRE CATEGORY vewro!t peop 2031 2032 2033 2034 S a 2029 2030 ™ Measured @ Indicated 2035 Inferred 2036 2037 2038 2039 2040 MRE Conversion to Mine Plan 82% / 56% Overall inclusion rate (M&l / Inferred) 82% / 18% Mine plan ounces (M&l / Inferred) 97% Phase

  58. Slide 58: Queensway Capital Cost Summary

    QUEENSWAY CAPITAL COST SUMMARY oe (C$ millions) Phase 1 Phase 2 Phase3 Sustaining Capital Mining 0.0 130.3 80.6 815.6 Offsite Processing 75.0 0.0 0.0 0.0 Onsite Processing 0.0 194.7 50.6 0.0 Onsite Infrastructure 15:6 56.9 0.0 111.0 Offsite Infrastructure 4.8 8.7 ly L 0.0 Indirects/Owner's Costs/EPC

  59. Slide 59: Queensway Development Schedule

    QUEENSWAY DEVELOPMENT SCHEDULE oe A @ 8 4 gt 2 a8 @ a @ = GEOLOGY ENGINEERING ENVIRONMENTAL 2026 drill program underway Phase | EPCM underway Provincial EA process underway Focus on de-risking, discovery and growth Site development and detailed offsite mill EPR to be submitted Q4/26 engineering unde

  60. Slide 60: Queensway Leverage to Gold Price

    » QUEENSWAY LEVERAGE TO GOLD PRICE since Cumulative after-tax cash flows over 15-year LOM: $100M increase in NPV;», for each $2.551 B (Base Case) US$100 increase in gold price $3.248 B (Upside Case) 3,000 153% I” 500 3,600 2.500 _— $2,225 400 % : $2,086 20) = 2,000 = & 3 $1,728 & 300 § £ § 7 2002 2

  61. Slide 61: Environment, Community and Permitting

    ia 4g ™, Be: e | 4 pips) fer Environment, _ : cy ta Community and be has : Permitting ©

  62. Slide 62: Environmental, Social, Governance

    ENVIRONMENTAL, SOCIAL, GOVERNANCE NEWFOUNDGOLD COMMITTED TO RESPONSIBLE EXPLORATION, STRONG COMMUNITY PARTNERSHIPS AND ONGOING ENGAGEMENT OF KEY STAKEHOLDERS Environmental BS Monitoring NFG’s approach to project development is guided by environmental responsibility, transparency, local participation

  63. Slide 63: Health and Safety

    HEALTH AND SAFETY et iV} STRIVE TO KEEP EACH OTHER SAFE AND ENSURE WE GO RYDAY + Lost Time Injury Rate of 0.69 + Mine and Mill - Zero Lost Time Incidents + Exploration -2 Minor LTls © WORK AND CARE FOR EACH OTHER Implementation of a robust Health, Safety and Environment Management System @ FOCUSED O

  64. Slide 64: Environmental Protection

    ENVIRONMENTAL PROTECTION ee PREVENTION IS THE BEST MEANS TO REDUCE ENVIRONMENTAL IMPACT ()). ONGOING ENVIRONMENTAL MONITORING ACTIVITIES + Pre-work environmental assessments + Daily environmental inspections + Dedicated environmental team (i) PROGRESSIVE 1ABILITATION AND RECLAMATION + Reclaiming of

  65. Slide 65: Social License to Operate

    SOCIAL LICENSE TO OPERATE ceaece see REGULATORY ENGAGEMENT LOCIAL COMMUNTITIES INDIGENOUS STAKEHOLDERS Qalipu First Nations Miawpukek First Nation OTHER KEY STAKEHOLDERS Local Fire Departments NL Power Companies Newfoundland & Labrador Outfitters Association Atlantic Salmon Federation Local Schools

  66. Slide 66: Community Partnerships

    COMMUNITY PARTNERSHIPS mentees 4) MOVING TOWARD COMMUNITY-MINDED SPONSORSHIPS a Run from Away - Gander + New Found Gold has recently implemented a new sponsorship i- strategy. + Types of sponsorships include: * community development projects * youth and education initiatives * environmental stewards

  67. Slide 67: Employment at New Found Gold

    EMPLOYMENT AT NEW FOUND GOLD fi) WE ARE PROUD TO BE OPERATING IN CENTRAL NEWFOUNDLAND + We continually aim to partner with communities surrounding our projects. 4“) MOVING FROM EXPLORATION TO MINING WILL CREATE NEW JOB OPPORTUNITIES + We believe the necessary workforce is located right here in the p

  68. Slide 68: Queensway EA Overview

    QUEENSWAY EA OVERVIEW m NEWFOUNDGOLD PROJECT IN ENVIRONMENTAL ASSESSMENT (EA) INCLUDES 700 TPD MINE WITH THE FOLLOWING PHYSICAL COMPONENTS: * Four open pits and associated infrastructure * Offsite processing and tailings (Pine Cove) * Organics and overburden storage facility + Roads (new highway acc

  69. Slide 69: Closing Remarks

    ? = ~ 7 i i em : £ i it a Rey, » 3 Closing 4 Remarks Sow 6 & 4 bd EN ran } Keith Boyle, P.Eng. : = Chief Executive Officer se aan

  70. Slide 70: Building a Mid-Tier Gold Producer

    BUILDING A MID-TIER GOLD PRODUCER NEWFOUNDGOLD 0) Fully funded to complete development & construction at both Queensway and Hammerdown = Q1/25 Q3/25 Q1/26 Q2/26 Q4/26 H2/26E Q4/27E 2028E ro Initial MRE PEA EPCM underway || Phase 1 production MRE/PEA Phase 1 EPR Phase 1 first ore to || Phase 1 commer

  71. Slide 71: Q&A

    Q&A

  72. Slide 72: Contact

    NEWFOUNDGOLD CONTACT Fiona Childe | Ph.D., P.Geo. VP, Communications & Corporate Development @) +1-416-775-2700 ( [email protected] in) https://www.linkedin.com/company /newfound-gold-corp ay NEWFOUNDGOLD

  73. Slide 73: Appendix

    APPENDIX

  74. Slide 74: Queensway Operating Cost Summary

    QUEENSWAY OPERATING COST SUMMARY Life of Mine Operating Cost) Mining (Open Pit) Mini lerground) Off-Site Milling On-Site Milling Material Handling $M G&A $M Total Doré transport and refining charges | Concentrate transport charge | Concentrate treatment and refining charges Penalties Royalties NSR T

  75. Slide 75: Queensway Updated MRE

    QUEENSWAY UPDATED MRE oe Queensway Updated MRE (AFZ Core, AFZ Peripheral and JBP) Notes Category Tonnage Grade Gold Content Mineral resources completed by Christian Beaulieu, P.Geo., of Mineralis Consulting (kt) (g/t Au) (koz Au) Services inc., an independent qualified person as defined by NI 43-101

  76. Slide 76: Hammerdown MRE

    HAMMERDOWN MRE Hammerdown Deposit Updated MRE (effective date January 22, 2026). + Grade Contained Oz Measured 271 8.24 72 Indicated 1,823 1.96 115 ’ Hammerdown’ Open Pit Total Measured & 2,094 2.77 187 Indicated Inferred 973 2.59 81 ee 10. 1” Tha effective data ofthe MRE e January 22%, 2026 witha d

  77. Slide 77: Outstanding Warrant Summary

    ay OUTSTANDING WARRANT SUMMARY HENFSUNESe Expiry Date Number of Underlying Shares Exercise Price (CAD $) | Proceeds (CAD$M) 2027-04-09 9,403,636 $1.6000 | $15,045,818 2027-04-09 150,000 $1.0000 | $150,000 2027-07-17 363,233 $1.5067 | $547,271 2027-09-11 2,488,030 $0.6667 | $1,658,687 2029-05-15 2,48

  78. Slide 78: Non-GAAP Financial Measures

    ~, NON-GAAP FINANCIAL MEASURES since Non-GAAP Financial Measures The Company has included certain non-GAAP financial measures in this presentation, including AISC, cash cost, cash operating cost, cash flow and average realized gold price. These financial measures are not defined under International

New Found Gold — Investor Day (October 2026) on 6ix