New Found Gold (NFG) Q1 2026 earnings summary

Executive summary

• Filed first quarter 2026 financial statements and MD&A with Canadian and U.S. regulators.

• Focused on advancing the Queensway Gold Project to production and bringing Hammerdown deposit into commercial production.

• Recent drilling at Queensway continues to yield new discoveries, highlighting district-scale potential.

• Completed a Preliminary Economic Assessment (PEA) at Queensway in July 2025.

• Built a new board and management team in 2025, supported by a strong shareholder base.

Significant events and developments

• Recent drilling results at Queensway indicate new gold discoveries along strike and down dip of known zones.

• PEA completed at Queensway in July 2025, supporting further development.

• New management and board established in 2025 to drive growth and value creation.

Risk factors and uncertainties

• Forward-looking statements subject to risks including exploration program completion, geological factors, permitting, funding, and regulatory changes.

• Actual results may differ materially from forward-looking statements due to various operational and market risks.