<SEC-DOCUMENT>0001157523-23-001300.txt : 20230809
<SEC-HEADER>0001157523-23-001300.hdr.sgml : 20230809
<ACCEPTANCE-DATETIME>20230809142807
ACCESSION NUMBER:		0001157523-23-001300
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230809
FILED AS OF DATE:		20230809
DATE AS OF CHANGE:		20230809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			New Found Gold Corp.
		CENTRAL INDEX KEY:			0001840616
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39966
		FILM NUMBER:		231154613

	BUSINESS ADDRESS:	
		STREET 1:		800 WEST PENDER STREET
		STREET 2:		SUITE 1430
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2V6
		BUSINESS PHONE:		604-562-9664

	MAIL ADDRESS:	
		STREET 1:		800 WEST PENDER STREET
		STREET 2:		SUITE 1430
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2V6
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a53518769.htm
<DESCRIPTION>NEW FOUND GOLD CORP. 6-K
<TEXT>
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    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">FORM 6-K</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C.&#160; 20549</div>
    <div><br>
    </div>
    <div style="text-align: center;">Report of Foreign Private Issuer</div>
    <div style="text-align: center;">Pursuant to Rule 13a-16 or 15d-16</div>
    <div style="text-align: center;">under the Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div>For the month of <font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">August 2023</font></div>
    <div><br>
    </div>
    <div>Commission File Number: <font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">001-39966</font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">New Found Gold Corp.</div>
    <div style="text-align: center; font-weight: bold;">(Exact name of Registrant as specified in its charter)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">N/A</div>
    <div style="text-align: center; font-weight: bold;">(Translation of Registrant&#8217;s name)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">WeWork c/o New Found Gold Corp.</div>
    <div style="text-align: center; font-weight: bold;"><font style="color: #222222;">1600 - 595 Burrard Street</font><br>
      <font style="color: #222222;">Vancouver, </font>British Columbia<font style="font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-family: 'Times New Roman',Times,serif; color: rgb(34, 34, 34);">Canada V7X 1L4</font></div>
    <div style="text-align: center; font-weight: bold;">845-535-1486</div>
    <div style="text-align: center; font-weight: bold;">(Address and telephone number of registrant&#8217;s principal executive offices)</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F:</div>
    <div style="text-indent: 36pt;"> <br>
    </div>
    <div style="text-align: center;">Form 20-F _______&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman',Times,serif;">Form 40-F <u>&#160; &#160; &#160; X&#160;&#160;&#160;&#160;&#160;&#160; <br>
        </u></font></div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______</div>
    <div><br>
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    <div class="bw-release">
      <h1 style="text-align: center; list-style-position: inside;FONT-SIZE: 14pt;"> <b>New Found Intercepts 167 g/t Au Over 4.70M at Iceberg</b> </h1>
      <div class="bw-release-body">
        <div class="bw-release-table-js bw-release-story">
          <p>VANCOUVER, British Columbia--(BUSINESS WIRE)--August 9, 2023--<b>New Found Gold Corp.</b> (&#8220;<b>New Found</b>&#8221; or the &#8220;<b>Company</b>&#8221;) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from nine diamond drill holes that were
            completed as part of a follow-up drill program at the new Iceberg discovery, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone (&#8220;AFZ&#8221;). New Found&#8217;s 100%-owned Queensway project comprises a
            1,662km<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. </p>
          <p> <b>Iceberg Highlights:</b> </p>
          <table cellspacing="0" id="zb91dd54183ab428599070369f776afc6" style="margin-bottom: 10px;margin-left: auto; margin-right: auto; font-size: 10pt;">

              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Hole No.</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>From (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>To (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>Interval (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>Au (g/t)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Zone</b> </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1157<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 250.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 255.30 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 4.70 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 166.79 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;vertical-align: middle;" rowspan="3">
                  <p style="margin-bottom: 0px; margin-top: 0px;text-align: center; list-style-position: inside;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Including</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 251.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 253.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 440.74 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And Including</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 251.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 252.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 0.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1,010.00 </p>
                </td>
              </tr>

          </table>
          <p style="text-align: center; list-style-position: inside;"> <b><i>Table 1: Iceberg Drilling Highlights</i></b> </p>
          <p> <i>Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>70% to 95%. Infill veining in secondary structures with multiple orientations crosscutting the primary host
              structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m
              consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been
              capped in the averaging and intervals are reported as drill thickness.</i> </p>
          <ul style="list-style-type: disc;">
            <li> <b>167 g/t Au over 4.70m</b> in NFGC-23-1157 was intersected <b>32m </b>down dip of previously reported 19.6 g/t Au over 5.25m in NFGC-23-1217 (May 31, 2023) and 125m along strike to the south of previously reported 105 g/t Au over
              27.05m in NFGC-23-1210 (June 5, 2023) at <b>Iceberg</b>. This interval is interpreted to be close to <b>true width</b> and occurs at a vertical depth of <b>170m</b> demonstrating <b>strong high-grade gold continuity</b> down-dip at depth
              (Figures 1-5). </li>
          </ul>
          <ul style="list-style-type: disc;">
            <li> The Iceberg-Iceberg East segment is defined over a strike length of <b>665m, </b>with high-grade gold mineralization starting at surface and currently extended to a vertical depth of <b>170m</b>. Minimal exploration work has been
              completed below 200m vertical depth with the deepest drilling completed to date intersecting the structure and gold mineralization at <b>270m</b> vertical. </li>
          </ul>
          <ul style="list-style-type: disc;">
            <li> Iceberg and Iceberg East remain <b>open in all directions</b> and drilling is ongoing to expand along strike and to depth with several intervals currently pending assay results. </li>
          </ul>
          <p> Greg Matheson, COO of New Found, stated:<i> &#8220;Today&#8217;s results provide an excellent example of how high-grade the Queensway veins can be. A ribbon of gold can be seen throughout this particular vein, resulting in a sample assaying over 1,000
              g/t Au (Figure 1). The high-grade nature of the Queensway Project has been well represented in our drilling to date and we are encouraged to see these numbers with such strong continuity continue to depth.&#8221;</i> </p>
          <div> </div>
          <div style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt" id="DSPFPageBreakArea">
            <div style="PAGE-BREAK-AFTER: always" id="DSPFPageBreak">
              <hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; WIDTH: 100%; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; BACKGROUND-COLOR: #000000"> </div>
          </div>
          <p> <b>Drillhole Details</b> </p>
          <table cellspacing="0" id="z9bde4d64345c4f4fa7e51ba3fa256638" style="margin-bottom: 10px;margin-left: auto; margin-right: auto; font-size: 10pt;">

              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Hole No.</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>From (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>To (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>Interval (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>Au (g/t)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> <b>Zone</b> </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-22-1033</b> </p>
                </td>
                <td rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;" colspan="4">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> No Significant Values </p>
                </td>
                <td colspan="1" rowspan="1" style="padding-left: 0px;border-bottom: solid black 1pt;">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1095</b> </p>
                </td>
                <td rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;" colspan="4">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> No Significant Values </p>
                </td>
                <td colspan="1" rowspan="1" style="padding-left: 0px;border-bottom: solid black 1pt;">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1103<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 45.55 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 47.95 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.40 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.39 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;" rowspan="2">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 149.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 151.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.15 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.16 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1157<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 250.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 255.30 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 4.70 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 166.79 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;" rowspan="3">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Including</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 251.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 253.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 440.74 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Including</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 251.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 252.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 0.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1,010.00 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1203<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 185.00 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 187.80 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.80 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.24 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;" rowspan="2">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 227.90 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 230.00 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.10 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.27 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1259B<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 229.70 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 231.90 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.20 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.02 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;" rowspan="4">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 270.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 272.95 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.60 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 8.84 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Including</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 270.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 270.70 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 0.35 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 52.90 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 326.00 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 328.00 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.00 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.57 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1289<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 90.50 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 92.90 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.40 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.56 </p>
                </td>
                <td colspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;" rowspan="2">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>And<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 159.45 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 161.90 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.45 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.37 </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1317<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 278.45 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 281.65 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 3.20 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 1.12 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>NFGC-23-1346<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup></b> </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 261.50 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 263.75 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.25 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;vertical-align: bottom;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 2.81 </p>
                </td>
                <td colspan="1" rowspan="1" style="border-bottom: solid black 1pt;padding-left: 0px;">
                  <p style="text-align: center; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>

          </table>
          <p style="text-align: center; list-style-position: inside;"> <b><i>Table 2: Summary of composite results reported in this press release for Iceberg</i></b> </p>
          <p> <i>Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>70% to 95%, <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup>40% to 70%, and <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">3</sup>10% to 40% of reported intervals. <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">4</sup>True
              widths are unknown at this time. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width.
              Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical
              depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.</i> </p>
          <table cellspacing="0" id="z41c4be8b26654061b7b6106b6cfe947b" style="margin-bottom: 10px;margin-left: auto; margin-right: auto; font-size: 10pt;">

              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Hole No.</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Azimuth (&#176;)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Dip (&#176;)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;background-color: #d3d3d3;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Length (m)</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;background-color: #d3d3d3;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>UTM E</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;background-color: #d3d3d3;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>UTM N</b> </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;background-color: #d3d3d3;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> <b>Prospect</b> </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-22-1033 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 300 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -45 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 500 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658411 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427497 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1095 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 303 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -48 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 206 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658298 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427648 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1103 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 310 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -46 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 179 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658307 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427614 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1157 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 300 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -45 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 350 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658459 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427671 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1203 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 300 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -45 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 323 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658461 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427698 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1259B </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 299 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -44.5 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 380 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658481 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427658 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1289 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 300 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -45 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 275 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658442 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427738 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1317 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 300 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -45 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 401 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658452 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427617 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>
              <tr>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> NFGC-23-1346 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 299 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> -46 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-left: 0px;padding-right: 0px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 449 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 658495 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;border-right: solid black 1pt;padding-right: 0px;padding-left: 5px;">
                  <p style="text-align: right; list-style-position: inside;margin-bottom: 0px; margin-top: 0px;"> 5427593 </p>
                </td>
                <td colspan="1" rowspan="1" style="vertical-align: bottom;border-bottom: solid black 1pt;padding-left: 5px;">
                  <p style="margin-bottom: 0px; margin-top: 0px;"> Iceberg </p>
                </td>
              </tr>

          </table>
          <p style="text-align: center; list-style-position: inside;"> <b><i>Table 3: Details of drill holes reported in this press release</i></b> </p>
          <p> <b>Queensway 500,000m Drill Program Update</b> </p>
          <p> The Company is currently undertaking a 500,000m drill program at Queensway and approximately 42,700m of core is currently pending assay results. </p>
          <p> <b>Sampling, Sub-sampling, and Laboratory</b> </p>
          <p> All drilling recovers HQ core. Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core. </p>
          <p> A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 metre and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (&lt;1.0m) veins or
            other structures that may yield higher grades. </p>
          <p> Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, sealed and marked with the
            contents. </p>
          <div> </div>
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          </div>
          <p> New Found has submitted samples for gold determination by fire assay to ALS Canada Ltd. (&#8220;ALS&#8221;) and by photon assay to MSALABS (&#8220;MSA&#8221;) since June 2022. ALS and MSA operate under a commercial contract with New Found. </p>
          <p> Drill core samples are shipped to ALS for sample preparation in Sudbury, Ontario, Thunder Bay, Ontario, or Moncton, New Brunswick. ALS is an ISO-17025 accredited laboratory for the fire assay method. </p>
          <p> Drill core samples are also submitted to MSA in Val-d&#8217;Or, Quebec. MSA operates numerous laboratories worldwide and maintains ISO-17025 accreditation for many metal determination methods. Accreditation of the photon assay method at the MSA Val
            D&#8217;Or laboratory is in progress. </p>
          <p> At ALS, the entire sample is crushed to approximately 70% passing 2mm. A 3,000-g split is pulverized. &#8220;Routine&#8221; samples do not have visible gold (VG) identified and are not within a mineralized zone. Routine samples are assayed for gold by
            30-g fire assay with an inductively-couple plasma spectrometry (ICP) finish. If the initial 30-g fire assay gold result is over 1 g/t, the remainder of the 3,000-g split is screened at 106 microns for screened metallics assay. For the screened
            metallics assay, the entire coarse fraction (sized greater than 106 microns) is fire assayed and two splits of the fine fraction (sized less than 106 microns) are fire assayed. The three assays are combined on a weight-averaged basis. Samples
            that have VG identified or fall within a mineralized interval are automatically submitted for screened metallic assay for gold. </p>
          <p> At MSA, the entire sample is crushed to approximately 70% passing 2mm. For &#8220;routine&#8221; samples that do not have VG identified and are not within a mineralized zone, the samples are riffle split to fill two 450g jars for photon assay. The assays
            reported from both jars are combined on a weight-averaged basis. If one of the jars assays greater than 1 g/t, the remaining crushed material is weighed into multiple jars and are submitted for photon assay. </p>
          <p> For samples that have VG identified or are within a mineralized zone, the entire crushed sample is weighed into multiple jars and are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis. </p>
          <p> All samples prepared at ALS or MSA are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver. </p>
          <p> Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and
            blanks account for a minimum of 10% of the samples in addition to the laboratory&#8217;s internal quality assurance programs. </p>
          <p> Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found&#8217;s quality
            control protocols. </p>
          <p> New Found&#8217;s quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to
            a second ISO-accredited laboratory for check assays. </p>
          <p> The Company does not recognize any factors of drilling, sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed. </p>
          <p> The assay data disclosed in this news release have been verified by the Company&#8217;s Qualified Person against the original assay certificates. </p>
          <p> The Company notes that it has not completed any economic evaluations of its Queensway Project and that the Queensway Project does not have any resources or reserves. </p>
          <div> </div>
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          </div>
          <p> <b>Qualified Person</b> </p>
          <p> The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents
            to the publication of this press release dated August 9, 2023, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release. </p>
          <p> <b>About New Found Gold Corp.</b> </p>
          <p> New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads
            crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 500,000m drill program at Queensway and is well funded for this
            program with cash and marketable securities of approximately $47.5 million as of August 2023. </p>
          <p> Please see the Company&#8217;s website at www.newfoundgold.ca and the Company&#8217;s SEDAR+ profile at www.sedarplus.ca. </p>
          <p> <b>Acknowledgements</b> </p>
          <p> New Found acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador. </p>
          <p> <b>Contact</b> </p>
          <p> To contact the Company, please visit the Company&#8217;s website, www.newfoundgold.ca and make your request through our investor inquiry form. Our management has a pledge to be in touch with any investor inquiries within 24 hours. </p>
          <p> <b>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.</b> </p>
          <p> <b>Forward-Looking Statement Cautions</b> </p>
          <p> This press release contains certain &#8220;forward-looking statements&#8221; within the meaning of Canadian securities legislation, relating to exploration, drilling and mineralization on the Company&#8217;s Queensway gold project in Newfoundland and Labrador;
            assay results; the interpretation of drilling and assay results, the results of the drilling program, mineralization and the discovery of zones of high-grade gold mineralization; plans for future exploration and drilling and the timing of same;
            the merits of the Queensway project; future press releases by the Company; and funding of the drilling program. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be
            correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words &#8220;expects&#8221;, &#8220;plans&#8221;, &#8220;anticipates&#8221;, &#8220;believes&#8221;, &#8220;interpreted&#8221;, &#8220;intends&#8221;, &#8220;estimates&#8221;, &#8220;projects&#8221;,
            &#8220;aims&#8221;, &#8220;suggests&#8221;, &#8220;indicate&#8221;, &#8220;often&#8221;, &#8220;target&#8221;, &#8220;future&#8221;, &#8220;likely&#8221;, &#8220;pending&#8221;, &#8220;potential&#8221;, &#8220;goal&#8221;, &#8220;objective&#8221;, &#8220;prospective&#8221;, &#8220;possibly&#8221;, &#8220;preliminary&#8221;, and similar expressions, or that events or conditions &#8220;will&#8221;, &#8220;would&#8221;, &#8220;may&#8221;, &#8220;can&#8221;,
            &#8220;could&#8221; or &#8220;should&#8221; occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date
            the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those
            anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs,
            estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks
            associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of assay results and the drilling program, the possibility that the Company may
            not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of
            political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management&#8217;s discussion and Analysis, publicly
            available at SEDAR+ (www.sedarplus.ca), the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, for a more complete discussion of such risk factors and their potential effects. </p>
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          <h2 style="FONT-SIZE: 14pt;">Contacts</h2>
          <p> New Found Gold Corp. <br>
            Per: &#8220;Collin Kettell&#8221; <br>
            Collin Kettell, Chief Executive Officer <br>
            Email: ckettell@newfoundgold.ca<br>
            Phone: +1 (845) 535-1486 </p>
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      <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
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      <div style="text-indent: 36pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.</div>
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              <td colspan="3" rowspan="1" style="width: 8%; font-weight: bold;">NEW FOUND GOLD CORP.</td>
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                <div><font style="font-family: 'Times New Roman',Times,serif;">Date: August 9, 2023</font> <br>
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                <div><font style="font-family: 'Times New Roman',Times,serif;">By:</font> <br>
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                <div><font style="font-family: 'Times New Roman',Times,serif;"><font style="font-style: italic;"><u>/s/ Collin Kettell</u></font></font> <br>
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                <div>Chief Executive Officer <br>
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