• New Found Gold reported high-grade channel sampling and infill drilling at the Lotto Zone within its Queensway Gold Project in Newfoundland and Labrador.
• Best channel result: 23.66 g/t gold over 15.88 m; top underground infill intercept: 43.52 g/t over 4.75 m.
• Work targeted Phase 2 open-pit and Phase 3 underground inferred resource blocks used in the 2025 PEA mine plan.
• 2025 program results aligned with the existing resource block model; remaining 2025 assays outstanding: about 6%.
• Updated Queensway technical report with a revised mineral resource estimate planned for H2 2026; additional Lotto infill drilling planned for H2 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Found Gold Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607211700NEWSFILECNPR____20260721_306002_1) on July 21, 2026, and is solely responsible for the information contained therein.