New Found Gold Continues to Expand Dropkick Zone, Queensway Gold Project

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce final results from 2025 drilling at its Dropkick Zone ("Dropkick" or the "Zone"), confirming further expansion of the Zone on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Dropkick highlights west of the Appleton Fault Zone ("AFZ") include: 24.8 g/t Au over 14.00 m from 324.00 m (NFGC-25-2686)1 13.4 g/t Au over 8.10 m from 368.15 m (NFGC-25-2673) 1.25 g/t Au over 10.60 m from 195.00 m (NFGC-25-2624) Dropkick highlights east of the AFZ include: 6.75 g/t Au over 18.35 m from 282.60 m (NFGC-25-2518) Melissa Render, President of New Found Gold, stated "These recent drill results continue to expand Dropkick both west and east of the AFZ, with the high-grade domain west of the AFZ demonstrating excellent continuity.