New Found Gold - Corporate-Video - October 2026 - NEW FOUND GOLD CORP

I look at our property today and the potential that it has we basically explored five kilometers of a hundred and ten kilometers long and we've got two main structures that are the deep piping system for the gold. So to me, like I see this as a generation of possibility. The significance of Queensway here is that we control a very large fault system. It's called the Appleton Fault Zone. It strikes over 110 kilometers. So that means we have access to that entire fault zone over that distance and so far majority of our exploration has really been focused in a three kilometer segment of that so there's a lot of potential here to find more early in my career i started as an engineer in training little did i know at the time i was in a belt in the abitibi which is valdor to ruin which is 110 kilometers long that abitib belt has produced and is still in doubt of over 100 million ounces when we look at the queensway deposit man the surface has only been scratched and as our team understands the geology more and more as we drill more and more and as we expose it more and more they're understanding where to look. We came to Hammerdown in November. We were just starting to get into the ore. This is our rehearsal for the big show. Everything that we've learned around mining a very narrow high-grade deposit and learning how to deliver good quality ore to the mill is what is the key at Queensway to be able to deliver the mine plan there. We're building our systems, we're building our management, we are building our data collection systems at Hammerdown. We're going to take what we've learned and built here and we'll move it over to Queensway. As part of our strategy, we were looking for an off-site milling solution that had permitted with tailings capacity and so Pine Cove was integral. Pine Cove is, it's actually it's fortunate because now we have an asset on this side of the island, so I think we've opened up a huge corridor in this side of Newfoundland to have to look fine for more gold, and we have a mill that's already ready to go and processing. The asset of this company is the people that we've been able to find and acquire. 90% of our workforce is from Newfoundlands and Labrador, so We believe in bringing benefits to our local communities so they can benefit. Now we actually have producing assets where people can have great jobs working at home. As a town councillor, of course, I'm very interested in the economic benefits to our community and the region as a whole. It's not only what happens at the mine, it's the accommodations, the food services, the suppliers, contractors, workers. the rising tide floats all boats there's a lot of activity generated that benefits the community positively and the trickle down of all that is every sector is touched we're less than 20 minutes outside the town of gander at queensway less than five minutes outside of king's point and 10 minutes outside of springdale at hammerdown and 15 minutes outside of Bay Vert at Pine Cove. So we've got communities in and around where we're operating. That's such a huge advantage to draw people, but also services that come to support a mining operation. And being on the island, while they have the logistics down pat, we actually have a deep pork right at Pine Cove. So we're blessed with all the right infrastructure.