New Found Gold Corp

Company Profile

New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland, 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 killedworkforce. The company is currently undertaking a 200,000 mdrill program at Queens way. With a current working capital balance of approximately $103 million, New Found is well funded for this program.