New Found Gold Corp 6-K, filed Nov 19, 2024

New Found Gold Corp. (NFGC)

6-K 2024-11-19 For: 2024-11-15

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Added on April 11, 2026

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New Found Gold Corp filed this 6-K on November 19, 2024.

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Exhibit		Description

99.1		Technical Report

		NEW FOUND GOLD CORP.
		(Registrant)



Date:	November 15, 2024	By:	/s/ Collin Kettell
			Collin Kettell
			Chief Executive Officer

1	Summary				1
	1.1	Issuer and Purpose			1
	1.2	Authors and Site Inspection			1
	1.3	Property Location, Description and Access			1
	1.4	Property Ownership and Option Agreement			2
	1.5	Royalties			2
	1.6	Permits, Environmental Assessment, and Significant Factors			3
	1.7	Geology and Mineralization			3
	1.8	Historical Exploration			4
	1.9	New Found Gold Corp. Ground Exploration			4
	1.10	New Found Gold Corp. Drilling Update			6
	1.11	Metallurgical Test Results			7
	1.12	Conclusions and Uncertainties			8
	1.13	Recommendations			10
2	Introduction				13
	2.1	Issuer and Purpose			13
	2.2	Author and Site Inspection			13
	2.3	Sources of Information			15
	2.4	Units of Measure			16
3	Reliance of Other Experts				18
4	Property Description and Location				20
	4.1	Description and Location			20
	4.2	Property Ownership Summary			28
	4.3	Mineral Tenure Information and Maintenance			29
	4.4	Access and Surface Rights			30
	4.5	Option Agreement (the VOA Option)			31
	4.6	Royalties			32
	4.7	Permits			33
	4.8	Environmental Assessment and Significant Factors			35
5	Accessibility, Climate, Local Resources, Infrastructure and Physiography				37
	5.1	Accessibility			37
	5.2	Site Topography, Elevation and Vegetation			37
	5.3	Climate			40
	5.4	Local Resources and Infrastructure			40
		5.4.1	Power Supply		41
		5.4.2	Water Supply		42
6	History				43
	6.1	Introduction			43
	6.2	Historical Exploration by Companies Other Than New Found Gold Corp.			44
		6.2.1	Prospecting, Geological Mapping, and Geochemical Surveying		48
		6.2.2	Trenching		52
		6.2.3	Geophysical Surveys		53
			6.2.3.1	Airborne Geophysics	53
			6.2.3.2	Ground Geophysics	58
		6.2.4	Labrador Gold Corp. Structural Study		58

		6.2.5	Drilling Overview		59
		6.2.6	Summary of Labrador Gold Corp.’s Historical Drilling		61
		6.2.7	Summary of Sky Gold Corp.’s Historical Drilling		66
		6.2.8	Conclusions and Quality of Historical Data		66
	6.3	Historical Mineral Resource and Mineral Reserve Estimates			68
7	Geological Setting and Mineralization				69
	7.1	Regional Geology			69
	7.2	Property Geology			78
		7.2.1	Geology		78
			7.2.1.1	Appleton Fault: Footwall Domain	78
			7.2.1.1	Appleton Fault: Hangingwall Domain	79
		7.2.2	Preliminary Stratigraphic Framework and Lithological Descriptions		79
		7.2.3	Mineralization - Overview		79
		7.2.4	Alteration		85
		7.2.5	Structure		85
	7.3	Mineralized Zones			87
	7.4	Definition of the Appleton Fault Zone Mineralized Envelope			92
8	Deposit Types				95
	8.1	Orogenic Gold Deposits			95
	8.2	Deposit Type Exploration Strategies			95
9	Exploration				98
	9.1	Historical Overview of New Found Gold Exploration Programs			98
	9.2	Prospecting and Geochemical Rock Samples			100
	9.3	Geochemistry - Till Samples			108
	9.4	Geochemistry - Soil Samples			112
	9.5	Trenching and Channel Sampling			116
	9.6	Keats Gold Prospect Trench Excavation			122
	9.7	QP Opinion on Representativity and Potential Bias of Exploration Samples			125
	9.8	Geophysical Surveys			125
	9.9	Seismic Survey			130
	9.10	Satellite Imagery and Digital Elevation Models			130
10	Drilling				135
	10.1	Drilling Procedures and Core Sampling			139
	10.2	Queensway North Block Prospects			150
		10.2.1	798 Gold Prospect		152
		10.2.2	1744 Gold Prospect		152
		10.2.3	Big Dave Gold Prospect		156
		10.2.4	Big Vein and Pistachio Gold Prospects		158
		10.2.5	Cokes Gold Prospect		159
		10.2.6	Dome and Golden Dome Gold Prospect		164
		10.2.7	Everest Gold Prospect		169
		10.2.8	Gander Outflow Gold Prospect		171
		10.2.9	Glass Gold Prospect		171
		10.2.10	Golden Bullet Gold Prospect		173
		10.2.11	Golden Joint and Golden Joint Hanging Wall Gold Prospects		173
		10.2.12	H Pond Gold Prospect		178

		10.2.13	Honeypot Gold Prospect	178
Figure 10.18				180
Figure 10.19				181
		10.2.14	Iceberg and Iceberg East Gold Prospects	182
		10.2.15	Iceberg Alley Gold Prospect	188
		10.2.16	Jackpot Gold Prospect	191
		10.2.17	K2 Gold Prospect	194
		10.2.18	Keats Gold Prospect	199
		10.2.19	Keats North Gold Prospect	210
		10.2.20	Keats South Gold Prospect	212
		10.2.21	Keats West Gold Prospect	215
		10.2.22	Knob and Rocket Gold Prospects	221
		10.2.23	Little Zone Gold Prospect	223
		10.2.24	Lotto Gold Prospect	224
		10.2.25	Lotto North Gold Prospect	228
		10.2.26	Monte Carlo Gold Prospect	229
		10.2.27	Pocket Pond Gold Prospect	233
		10.2.28	Powerline Gold Prospect	236
		10.2.29	Road Gold Prospect	237
		10.2.30	Trans-Canada Highway - Trans-Canada West Gold Prospect	238
		10.2.31	Whiskey Pocket Gold Prospect	240
	10.3	Queensway South Block Prospects		240
		10.3.1	Aztec Gold Prospect	240
		10.3.2	Devils Pond South and Camp (Bernard’s Pond) Gold Prospects	242
		10.3.3	Devil’s Trench Gold Prospect	244
		10.3.4	Eastern Pond Gold Prospect	244
		10.3.5	Goose Gold Prospect	245
		10.3.6	Greenwood Pond #2 (Greenwood) Gold Prospect	245
		10.3.7	Nebula Gold Prospect	245
		10.3.8	Paul’s Pond, Astronaut, and Nova Gold Prospects	246
	10.4	VOA Option Prospects		250
		10.4.1	69 Zone Gold Prospect	250
		10.4.2	Bigger Vein 2	252
		10.4.3	Hank 1 and Hank 2 Gold Prospects	252
		10.4.4	Home Pond Gold Prospect	253
		10.4.5	Karate Chop South Gold Prospect	253
	10.5	Twin Ponds Block		253
11	Sample Preparation, Analyses and Security			257
	11.1	Sample Collection		257
		11.1.1	Till Samples	257
		11.1.2	Soil Samples	257
		11.1.3	Rock Samples	258
		11.1.4	Drill Core	258
	11.2	Sample Security		258
	11.3	Sample Preparation and Analysis		259
		11.3.1	Introduction	259


		11.3.2	Laboratory Accreditation		260
		11.3.3	Laboratory Sample Preparation		260
		11.3.4	Laboratory Analytical Methodologies		262
			11.3.4.1	Eastern Analytical: Fire Assay Analysis	262
			11.3.4.1	ALS Canada Ltd.: Photon Assay	262
			11.3.4.2	ALS Canada Ltd.: Fire Assay and Multi-Element Analysis	263
			11.3.4.3	ALS Canada Ltd.: Specific Gravity and Bulk Density Measurements	264
			11.3.4.4	MSALABS: PhotonAssay^TM Analysis	265
			11.3.4.5	PhotonAssay^TM Versus Conventional Screen Fire Assay Comparisons	266
			11.3.4.6	Activation Laboratories Ltd.: Multi-Element Analysis	269
			11.3.4.7	SGS Canada Inc.: Gold Analysis	269
			11.3.4.8	Overburden Drilling Management: Till Gold Grain Counts	269
			11.3.4.9	General Comments on Screen Fire Assays	269
	11.4	Quality Assurance and Quality Control			270
		11.4.1	Certified Reference Materials		270
			11.4.1.1	Certified Reference Materials: Fire Assay and Photon Assay at ALS	271
			11.4.1.1	Certified Reference Materials: Fire Assay, Eastern Analytical	271
			11.4.1.1	Certified Reference Materials: PhotonAssay^TM, MSALABS	271
		11.4.2	Sample Blanks (Eastern Analytical, ALS, and MSALABS)		273
		11.4.3	Core Duplicates		274
		11.4.4	Precision of Laboratory Duplicates: By Fire Assay		277
		11.4.5	Precision of Laboratory Duplicates: By PhotonAssay^TM		279
		11.4.6	Check Assays		281
		11.4.7	Percentage of Coarse Gold		285
	11.5	Opinion on the Adequacy of New Found Gold Corp.’s Sample Collection, Preparation, Security, and Analytical Procedures			285
	11.6	Opinion on the Adequacy of Labrador Gold Corp.’s Sample Collection, Preparation, Security, and Analytical Procedures			287
12	Data Verification				288
	12.1	Data Verification Procedures			288
	12.2	Historical Exploration Information			288
	12.3	New Found Gold Corp.’s Ground Geochemical, Drillhole, and Drill Core Assay Databases			289
	12.4	Qualified Person Site Inspection			289
	12.5	Data Limitations			291
	12.6	Adequacy of the Data			293
13	Mineral Processing and Metallurgical Testing				295
	13.1	Historical Metallurgical Work			295
	13.2	Sample Selection and Preparation			295
		13.2.1	Sample Preparation		300
	13.3	Metallurgical Testing			301
		13.3.1	Sample Characterization		301

		13.3.2	Master Composite Testing		303
			13.3.2.1	Comminution Testing	303
			13.3.2.2	Gravity Recoverable Gold (GRG)	304
			13.3.2.3	Gravity Tail Leach Evaluation	304
			13.3.2.4	Gravity Concentrate Intensive Cyanide Leaching	305
			13.3.2.5	Cyanide Detoxification Testing	305
		13.3.3	Variability Composite Testing		305
			13.3.3.1	Arsenic Content vs Gold Tails Grade	306
		13.3.4	Alternative Process Selection		307
		13.3.5	Process Selection		309
		13.3.6	Reagent Consumptions (Carbon-In-Leach)		309
		13.3.7	Risk Analysis		309
		13.3.8	Future Metallurgical Testing		311
14	Mineral Resource Estimates				311
23	Adjacent Properties				313
24	Other Relevant Data and Information				317
25	Interpretation and Conclusions				318
	25.1	Exploration Results and Interpretations			318
	25.2	Qualified Person Opinion on NFG’s Exploration Programs			321
	25.3	Metallurgical Test Results			322
	25.4	Risks and Uncertainties			323
26	Recommendations				324
27	References				327
28	Certificate of Author				336

Table 1.1 Future work recommendations.	12
Table 4.1 Queensway Project mineral licence description and status	23
Table 4.2 Minimum expenditures for mineral claims in Newfoundland and Labrador.	30
Table 4.3 Renewal fees for mineral claims in Newfoundland and Labrador.	30
Table 4.4 Environmental permits, licences, and approvals.	35
Table 6.1 Summary of select historical exploration work conducted by companies other than NFG.	47
Table 6.2 Summary of historical drilling at Queensway.	61
Table 6.3 Select Big Vein prospect drill core assay interval results.	64
Table 6.4 Select Pristine prospect drill core assay interval results.	65
Table 6.5 Select Golden Glove prospect drill core assay interval results.	65
Table 9.1 Sampling summary from NFG’s exploration at the Queensway Property.	101
Table 9.2 Select channel assay intervals for the Keats Main trench.	123
Table 10.1 Summary of drillholes from NFG’s diamond drilling program.	137
Table 10.2 Summary of drill core sample gold assays.	138
Table 10.3 Description of NFG drillholes at the Queensway Gold Project.	141
Table 10.4 Select drillhole assay intercepts for the 1744 prospect.	152
Table 10.5 Select drillhole assay intercepts for the Big Dave prospect.	156
Table 10.6 Select drillhole assay intercepts for the Big Vein and Pistachio prospects.	159
Table 10.7 Select drillhole assay intercepts for the Cokes prospect.	163

Table 10.8 Select drillhole assay intercepts for the Dome prospect.	164
Table 10.9 Select drillhole assay intercepts for the Golden Dome prospect.	165
Table 10.10 Select drillhole assay intercepts for the Everest prospect.	169
Table 10.11 Select drillhole assay intercepts for the Glass prospect.	171
Table 10.12 Select drillhole assay intercepts for the Golden Joint prospect.	177
Table 10.13 Select drillhole assay intercepts for the Honeypot prospect.	179
Table 10.14 Select drillhole assay intercepts for the Iceberg prospect.	185
Table 10.15 Select drillhole assay intercepts for the Iceberg East prospect.	187
Table 10.16 Select drillhole assay intercepts for the Iceberg Alley prospect.	191
Table 10.17 Select drillhole assay intercepts for the Jackpot prospect.	192
Table 10.18 Select drillhole assay intercepts for the K2 prospect.	200
Table 10.19 Select drillhole assay intercepts for the Keats Main Zone.	208
Table 10.20 Select drillhole assay intercepts for the Keats FW.	209
Table 10.21 Select drillhole assay intercepts for the Keats HW.	210
Table 10.22 Select drillhole assay intercepts for the Keats North prospect.	211
Table 10.23 Select drillhole assay intercepts for the Keats South prospect.	213
Table 10.24 Select drillhole assay intercepts for 421 Zone at Keats South prospect.	214
Table 10.25 Select drillhole assay intercepts for the Keats West prospect.	220
Table 10.26 Select drillhole assay intercepts for the Knob prospect.	222
Table 10.27 Select drillhole assay intercepts for the Rocket prospect.	223
Table 10.28 Select drillhole assay intercepts for the Little Zone prospect.	224
Table 10.29 Select drillhole assay intercepts for the Lotto FW.	225
Table 10.30 Select drillhole assay intercepts for the Lotto Main Zone.	226
Table 10.31 Select drillhole assay intercepts for the Sunday Zone.	226
Table 10.32 Select drillhole assay intercepts for the Lotto North prospect.	229
Table 10.33 Select drillhole assay intercepts for the Monte Carlo prospect.	230
Table 10.34 Select drillhole assay intercepts for the Pocket Pond prospect.	236
Table 10.35 Select drillhole assay intercepts for the Powerline prospect.	237
Table 10.36 Select drillhole assay intercepts for the Road prospect.	238
Table 10.37 Select drillhole assay intercepts for the TCH prospect.	239
Table 10.38 Select drillhole assay intercepts for the TCW prospect.	239
Table 10.39 Select drillhole assay intercepts for the Devils Pond South and Camp prospects.	242
Table 10.40 Select drillhole assay intercepts for the Astronaut prospect.	249
Table 10.41 Select drillhole assay intercepts for the Nova prospect.	250
Table 11.1 Analytical methods used by Eastern Analytical.	262
Table 11.2 Photon Assay methods used by ALS.	263
Table 11.2 Analytical methods used by ALS.	264
Table 11.3 MSALABS analytical methods used at the NFG Queensway Project.	265
Table 11.4 Overview of OREAS Certified Reference Materials.	270
Table 11.5 Summary statistics on CRMs assayed at ALS using fire assay technique.	272
Table 11.6 Summary statistics on CRMs assayed at ALS using the PhotonAssay™ technique.	273
Table 11.7 Summary statistics on CRMs assayed at Eastern Analytical.	273
Table 11.8 Summary statistics on CRMs assayed at MSALAB using the PhotoAssay^TM, technique.	273

Table 12.1 Qualified Person validation of 6 drillhole collar locations at the Keats Main and Keats North prospects.	290
Table 12.2 Summary of Qualified Person-collected core samples to validate gold mineralization.	293
Table 13.1 Mineralized Zone and Number of Variability Composites.	297
Table 13.2 Master and Variability Composite Summary.	300
Table 13.3 Master Composite Comminution Test Summary	303
Table 13.4 Master Composite CIL and Direct Leach Extractions	304
Table 13.5 Summary of Cyanide Detoxification Testing	305
Table 13.6 Summary of Variability Composite Gravity/CIL Extractions.	306
Table 13.7 Arsenic Versus Gold Tails Grade Relationship	307
Table 13.8 Carbon and/or Sulfide Flotation/CIL Tailings Study Results	308
Table 13.9 Risks associated with gold extraction and mineral processing.	309
Table 26.1 Future work recommendations.	326

Figure 2.1 General location of New Found Gold Corp.’s Queensway Gold Project.	14
Figure 4.1 Queensway Project and five contiguously-defined sub-property ‘blocks’.	22
Figure 4.2 Queensway North mineral licences, and the separate licences of Twin Ponds, Ten Mile-Duder Lake, Bellman’s Pond, and Little Rocky Brook..	26
Figure 4.3 Queensway South mineral licences.	27
Figure 5.1 Access to the Queensway Property.	38
Figure 5.2 Shaded relief image for the Queensway Project area.	39
Figure 5.3 Climate data for Gander International Airport..	41
Figure 6.1 Mineral prospects in the Queensway Property area..	45
Figure 6.2 Location of historical exploration programs conducted other companies..	46
Figure 6.3 Historical till gold assay analytical results..	49
Figure 6.4 Historical soil gold assay analytical results..	54
Figure 6.5 Historical stream and lake sediment gold assay analytical results..	55
Figure 6.6 Historical rock gold assay analytical results.	56
Figure 6.7 Historical trench channel sample gold assay analytical results.	57
Figure 6.8 Historical drillholes (by company)..	60
Figure 6.9 Locations of historical drilling completed by Labrador Gold Corp.	62
Figure 6.10 Big Vein and Big Vein Southwest geological and diamond drill summary.	64
Figure 6.11 Doyle Zone-Pristine prospect geological and diamond drill summary.	65
Figure 7.1 Regional distribution of the main lithotectonic elements	70
Figure 7.2 Correlation of major suture zones across the Atlantic.	70
Figure 7.3 Newfoundland’s Bedrock geology and major tectonic zones	71
Figure 7.4 Middle Cambrian to early Ordovician tectonic development	73
Figure 7.5 Early to middle Ordovician to early Silurian tectonic model f	74
Figure 7.6 Early to middle Ordovician to early Silurian tectonic model.	76
Figure 7.7 Bedrock geology of the Queensway Area	77
Figure 7.8 Stratigraphic column	80
Figure 7.9 Integrated geological map of lithology, shear zones and gold showings	81
Figure 7.10 Interpretation of structure and lithology on a north-facing Queensway North block cross-section	82

Figure 7.11 Typical gold-bearing quartz vein styles observed at Queensway	83
Figure 7.12 Images of core from mineralized intervals in drillhole NFGC-19-01	83
Figure 7.13 Plan map of the area between the Grouse and Everest prospects	84
Figure 7.14 Schematic illustration of mineralogical changes in white micas	86
Figure 7.15 Schematic cross-section illustrating the S1 and S0 parallel fabrics.	86
Figure: 7.16 Schematic plan map illustrating conjugate shear orientations	87
Figure 7.17 Left: Stereographic plot illustrating the orientation of D2 structures.	87
Figure 7.18 Gold prospects and zones within the Queensway Property.	89
Figure 7.19 Gold prospects and zones within the Queensway North Block.	90
Figure 7.20 Gold prospects and zones within the Queensway South Block.	91
Figure 7.21 Gold mineralization and prospects along the Appleton Fault Zone	93
Figure 7.22 Cross section across the Keats West and North, and Iceberg prospects.	94
Figure 8.1 Schematic for orogenic gold deposits at various depths	96
Figure 8.2 Comparison of drill core samples from Queensway and Fosterville Mine, Australia.	96
Figure 9.1 Locations of rock samples collected from NFG’s prospecting programs.	102
Figure 9.2 Locations of surface rock samples with greater than 0.5 ppm Au.	103
Figure 9.3 Location of glacial till samples at the Queensway Property.	109
Figure 9.4 Locations of till samples with 10 or more moderate-pristine gold grains.	110
Figure 9.5 Till samples with gold grades above 1 ppm Au.	111
Figure 9.6 Locations of soil samples, colour coded by sampling year.	114
Figure 9.7 Overview of soil sampling gold analytical results in the Devils Pond South, Camp, Greenwood, Aztec, Goose, Astronaut/Nova, and Nebula prospects.	115
Figure 9.8 2023 Soil sample gold assay results at the Queensway Property.	117
Figure 9.9 Location of trenches at the Queensway Property.	118
Figure 9.10 Channel sample gold assay results	121
Figure 9.11 Keats trench plan view map	124
Figure 9.12 First derivative of chargeability from 2021 geophysical survey.	127
Figure 9.13 Lithological and structural geophysical interpretation	129
Figure 9.14 Three-dimensional seismic survey source lines across the Appleton and Joe Batt’s Pond fault zones	131
Figure 9.15 Preliminary 3-D cube cross-section interpretation.	132
Figure 9.16 2023 LiDAR Bare Earth image over the Queensway Property.	134
Figure 10.1 Drill collar locations from NFG’s drilling programs.	136
Figure 10.2 Histograms of drillhole orientations and end of hole depths.	140
Figure 10.3 Gold vein surface intersections for prospects along the Appleton and Joe Batt’s Pond fault zones.	151
Figure 10.4 Drillhole collar locations along the Joe Batt’s Pond Fault Zone	153
Figure 10.5 Plan view of 1744 prospect	154
Figure 10.6 Longitudinal section through the 1744 and Glass prospects	155
Figure 10.7 Drill collar locations at the Big Dave and Lonely Mountain prospects.	157
Figure 10.8 Big Vein, Pistachio, and Pristine gold prospects.	160
Figure 10.9 Drill collar locations of the Big Vein and Pistachio prospects	161
Figure 10.10 Drill collar locations at the Cokes, Keats, Keats North, Keats South, and Keats West prospects.	162

Figure 10.11 Drill collar locations at the Dome, Golden Joint, K2, K2 West, Little Zone, Lotto, Lotto North, Monte Carlo, Road, and Powerline prospects	166
Figure 10.12 Plan view of the Road, Dome, Golden Joint, Lotto, Lotto North, and Zone 36 prospects	167
Figure 10.13 Longitudinal section through the Golden Joint, Dome, Golden Dome, Lotto, and Lotto North prospects	168
Figure 10.14 Drill collar locations at the Everest, Honeypot, and Jackpot prospects.	170
Figure 10.15 Drill collar locations at the Gander Outflow, Knob, Kings Point, Golden Bullet, Rocket, TCH and TCW prospects.	172
Figure 10.16 Plan view of Keats, TCH, Rocket, Golden Bullet, and Knob prospects.	174
Figure 10.17 Cross-section through the Golden Joint and Golden Joint Hanging Wall prospects.	175
Figure 10.18 Longitudinal section through the Honeypot prospect	180
Figure 10.19 Plan view of the K2, Honeypot and Jackpot prospects.	181
Figure 10.20 Drill collar locations at the Iceberg, Iceberg East, and Iceberg Alley prospects	183
Figure 10.21 Photos of mineralization from drillhole NFGC-23-1210	184
Figure 10.22 Plan view of the Iceberg and Iceberg East prospects	189
Figure 10.23 Longitudinal section (image above) through the Iceberg, Iceberg East and Iceberg Alley prospects within the KBFZ.	190
Figure 10.24 Longitudinal section through the Jackpot prospect,	193
Figure 10.25 Plan view of the K2 prospect	195
Figure 10.26 Longitudinal section through the K2 prospect	196
Figure 10.27 Modelled cross-section through the K2 prospect	197
Figure 10.28 Inclined three-dimensional mineralization model for the K2 prospect	198
Figure 10.29 Plan view of the Keats (Main) prospect	201
Figure 10.30 Three-dimensional plan view map of the Keats prospect..	202
Figure 10.31 Core photographs from NFGC-19-01.	203
Figure 10.32 Longitudinal section of the TCH, Keats South, and Keats prospects,.	204
Figure 10.33 Keats cross-sections.	205
Figure 10.34 Keats South deep drilling 3D cross-section.	214
Figure 10.35 Plan view of the Keats West, and Cokes prospects	216
Figure 10.36 Cross-section through the Keats West prospect	217
Figure 10.37 Inclined 3D mineralization model for the Keats West prospect	218
Figure 10.38 Cross-section through the Lotto prospect	227
Figure 10.39 Plan view of the Monte Carlo and Powerline prospects	231
Figure 10.40 Longitudinal section through the Monte Carlo prospect	232
Figure 10.41 Plan view of Pocket Pond Zone	234
Figure 10.42 Longitudinal section through the Pocket Pond prospect,	235
Figure 10.43 Drill collar locations at the Mars, Potato Patch, Devils Pond, Nebula, Astronaut/Nova, Greenwood, and Eastern Pond prospects	241
Figure 10.44 Plan view of the Devils Pond South and Camp Zone prospects	243
Figure 10.45 Plan view of the Goose, Nova, Astronaut, and Nebula prospects.	247
Figure 10.46 Photographs of drill core from the Astronaut and Nova prospects.	248
Figure 10.47 Plan view of the VOA Option gold prospects.	251
Figure 10.48 Drill collar locations at the Twin Ponds Block	255

Figure 10.49 Core photo of quartz vein zone-breccia, cockade, and banded textures within Twin Ponds drillhole NFGC-TP-22-01	256
Figure 11.1 Comparison of MSALABS PhotonAssay^TM vs ALS FA gold assays.	267
Figure 11.2 Comparison of MSALABS PA vs ALS FA gold assays	268
Figure 11.3 Comparison of two halves of the core for gold.	276
Figure 11.4 Core duplicate assays compared for larger sample aliquots.	276
Figure 11.5 Comparison of 30-g and 50-g gold assays on pulps.	278
Figure 11.6 ALS Internal preparation duplicates.	279
Figure 11.7 MSALABS analytical duplicates.	280
Figure 11.8 Duplicate jar assays by PhotonAssay^TM.	281
Figure 11.9 Comparison of 50-g Fire Assays at ALS and SGS.	282
Figure 11.10 Check Assays for Fine Fractions at SGS.	283
Figure 11.11 Check assays for MSA PhotonAssay™ samples by fire assay at ALS.	284
Figure 11.12: Comparison of Screen Fire Assay and PhotonAssay™ for over 100 ppm Au.	285
Figure 11.13 Percentage of gold in the coarse fraction in ALS screen fire assays.	286
Figure 12.1 Drillhole collar locations of Qualified Person-collected core samples.	292
Figure 13.1 Plan view map of metallurgical sections from Keats, Golden Joint, Lotto, Iceberg and Iceberg East.	296
Figure 13.2 Keats Main - 1 section with drillholes selected for metallurgical testing..	297
Figure 13.3 Cross section of Keats Main - 2 drillholes selected for metallurgical testing..	298
Figure 13.4 Cross section of Keats Main - 4 drillholes selected for metallurgical testing..	298
Figure 13.5 Cross section of Lotto drillholes selected for metallurgical testing	299
Figure 13.6 Golden Joint section drillholes selected for metallurgical testing..	299
Figure 13.7 Cross section of Iceberg #3 drillholes selected for metallurgical testing..	300
Figure 13.8 - Gold Deportment and Gold Grain Size for the Keats, Lotto and Iceberg Zones	302
Figure 13.9 Arsenic Content vs Gold Tails Grade for Gold Head Grades	307
Figure 13.10 Queensway Project Process Flow Sheet.	310
Figure 23.1 Adjacent properties to the Queensway Gold Property	314

Analyte	Method Code	Detection Limit	Type of Method	Finish
Au	AA30	0.005 ppm	30 g fire assay	AAS
Au	AA40	0.005 ppm	40 g fire assay	AAS
Au	Au Met	0.010 ppm	Screen fire assay	AAS / Gravimetric / Hybrid

Analyte	Method Code	Detection Limit	Description
Au	CPA-Au1	0.015 ppm	Photon assay - single
Au	CPA-Au1D	0.015 ppm	Photon assay - duplicate
Au	CPA-Au1E	0.015 ppm	Photon assay - extinction

Mineralized Zone	Variability Composites
Phase 1
Golden Joint	14
Keats 1, 2 & 3	29
Keats 4	16
Keats 5	34
Lotto	23
Subtotal	116
Phase 2
Iceberg	46
Total	162

Master Composite	Mineralized Zone	No. of Variability Composites
KZ-MC-1	Keats 1,2,3	29
KZ-MC-2	Keats 4, 5	50
LZ-MC	Lotto 1-2	23
IB-MC	Iceberg 1-10	46

Master Composite	SMC A x b	BWi	Bond Ai
		(kWh/t)	(g)
KZ-MC-1	59.4	17.9	0.286
KZ-MC-2	60.4	16.2	0.089
LZ-MC	65.9	18.3	0.124
IB-MC	64.7	18.1	0.201

Master Composite	Calculated Head Grade	Gravity Extraction	Gravity Tail Leach Extraction	Total Au Extraction
	(ppm Au)	(%)	(%)	(%)
KZ-MC-1 (CIL)	39.4	86.6	85.2	98.0
KZ-MC-1 (Direct Leach)	38.86	86.5	53.3	93.7
KZ-MC-2 (CIL)	3.97	55.8	76.7	89.7
KZ-MC-2 (Direct Leach)	3.92	56.2	16.0	63.2
LZ-MC (CIL)	12.5	80.3	74.2	94.9
LZ-MC (Direct Leach)	12.25	81.0	14.9	83.8
IB-MC (CIL)	11.4	33.8	87.3	91.6
IB-MC (Direct Leach)	11.7	32.9	73.5	82.2

Master Composite	Retention Time	pH	CN Total	CN WAD	SO2 Equiv.
	(min)		(mg/L)	(mg/L)	(g/g CN WAD)
KZ-MC-1 (CIL)	90	8.0	14.7	0.9	10.0
KZ-MC-2 (CIL)	60	8.0	0.6	0.4	10.0
LZ-MC (CIL)	90	8.1	0.6	0.5	7.5
IB-MC (CIL)	60	8.6	0.5	0.3	5.0

	Variability Composites	Minimum Head Grade	Maximum Head Grade	Average Head Grade	Weighted Au Extraction
		(ppm Au)	(ppm Au)	(ppm Au)	(%)
Golden Joint	14	0.87	18.86	5.13	90.0
Keats 1, 2 & 3	29	0.77	100.38	15.15	96.3
Keats 4	16	0.63	33.14	5.85	92.2
Keats 5	34	0.35	170.99	17.31	96.8
Lotto	23	0.48	65.35	9.38	95.0
Iceberg	46	0.49	118.7	19.84	96.9

Gold Head Grade	As vs Au Tails Grade Relationship
<1.0 ppm	Au Tails Grade = -0.0000804*(Arsenic ppm) + 0.1307663
>1.0 ppm, <2.0 ppm	Au Tails Grade = -0.0000440*(Arsenic ppm) + 0.3072254
>2.0 ppm, <4.0 ppm	Au Tails Grade = -0.0000842*(Arsenic ppm) + 0.1868148
>4.0 ppm, <7.0 ppm	Au Tails Grade = -0.0000561*(Arsenic ppm) + 0.3782457
>7.0 ppm	Au Tails Grade = -0.0000097*(Arsenic ppm) + 0.6894860

Sample	Flowsheet Option	Test	Calculated Head Grade (g/t)	Overall Gold Extraction (%)	Sodium Cyanide Usage (kg/t)	Lime Usage (kg/t)
KZ4 #8	A	CIL42C	1.70	72.7	1.33	1.17
	B	CIL139D	1.95	70.0	0.58	1.23
	C	CIL139E	2.07	72.4	3.87	3.20

KZ5 #35	A	CIL69C	1.70	63.9	1.09	1.24
	B	CIL140D	1.59	64.2	0.63	1.25
	C	CIL140E	1.36	63.7	3.33	3.20
LZ #15	A	CIL99C	1.24	56.5	1.32	1.50
	B	CIL141D	1.25	48.5	0.63	1.34
	C	CIL141E	1.19	48.5	3.73	3.33

Risk Description	Likelihood	Consequence Rating	Risk
The full effect of preg-rob materials in the mineralized zones may be higher than tested	Unlikely	Moderate	Low
Refractory gold found in arsenopyrite/pyrite may be higher than tested	Unlikely	Moderate	Low
Reagent consumptions have not been optimized	Likely	Low	Low
Gravity gold recovery is overestimated	Likely	Low	Low