New Found Gold ( “”) Notice of Change of Auditor ( “Notice”) Form 6 : New Found Gold Corp. (the “Company”) Notice of Change of Auditor (the “Notice”) - Form 6-K

Re:	New Found Gold Corp. (the "Company") Notice of Change of Auditor (the "Notice")

In compliance with Section 4.11 of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102"), please be advised as follows:

1.

The Company has decided to change its auditor from Crowe MacKay LLP, Chartered Professional Accountants, of Suite 1100, 1177 West Hastings Street, Vancouver, British Columbia, V6E 4T5, to KPMG LLP, Chartered Professional Accountants, of Suite 777 Dunsmuir Street, 11th floor, Vancouver, British Columbia, V7Y 1K3.

2.	The date of said change of auditor is July 31, 2023.

3.	Crowe MacKay LLP, Chartered Professional Accountants, has resigned at the request of the Company.

4.	The resignation of Crowe MacKay LLP, Chartered Professional Accountants, and the appointment of KPMG LLP, Chartered Professional Accountants, have been approved by the Company's Board of Directors.

5.	None of the reports of Crowe MacKay LLP, Chartered Professional Accountants, on any of the Company's financial statements relating to the "relevant period" (as such term is defined in section 4.11(1) of NI 51-102) expressed a modified opinion.

6.	There has not been a "reportable event" (as such term is defined in section 4.11(1) of NI 51-102), which occurred in connection with the audit of the financial years ended December 31, 2022, and December 31, 2021, or for any period subsequent thereto.

Please review this Notice and prepare a letter identifying whether you agree, disagree and the reasons why, or have no basis to agree or disagree with each statement contained in this Notice, addressing your response to the relevant securities regulatory authorities (list of addresses attached hereto). Please deliver the response to the Company within seven (7) days from the date of this Notice.

This Notice and your reply will be part of the reporting package that will be filed with the applicable regulator or relevant securities administrators.

Dated this 31^st day of July, 2023.

NEW FOUND GOLD CORP.

/s/ Michael Kanevsky

Michael Kanevsky

Chief Financial Officer

New Found Gold Corp.

Suite 1600 - 595 Burrard Street

Vancouver, BC, V7X 1L4

List of Addresses

Alberta Securities Commission Suite 600, 250 - 5th Street SW Calgary, Alberta T2P 0R4	British Columbia Securities Commission P.O. Box 10142, Pacific Centre 701 West Georgia Street Vancouver, British Columbia V7Y 1L2
The Manitoba Securities Commission 500 - 400 St. Mary Avenue Winnipeg, Manitoba R3C 4K5	Financial and Consumer Services Commission (New Brunswick) 85 Charlotte Street, Suite 300 Saint John, New Brunswick E2L 2J2
Government of Newfoundland and Labrador Financial Services Regulation Division P.O. Box 8700 Confederation Building 2nd Floor, West Block Prince Philip Drive St. John's, Newfoundland and Labrador A1B 4J6	Government of Nunavut Department of Justice Legal Registries Division P.O. Box 1000, Station 570 1st Floor, Brown Building Iqaluit, Nunavut X0A 0H0
Nova Scotia Securities Commission Suite 400, 5251 Duke Street Duke Tower P.O. Box 458 Halifax, Nova Scotia B3J 2P8	Government of the Northwest Territories Office of the Superintendent of Securities P.O. Box 1320 Yellowknife, Northwest Territories X1A 2L9
Ontario Securities Commission 20 Queen Street West, 22nd Floor Toronto, Ontario M5H 3S8	Prince Edward Island Securities Office 95 Rochford Street, 4th Floor Shaw Building P.O. Box 2000 Charlottetown, Prince Edward Island C1A 7N8
Autorité des marchés financiers 800, Square Victoria, 22e étage C.P. 246, Tour de la Bourse Montréal, Québec H4Z 1G3	Financial and Consumer Affairs Authority of Saskatchewan Suite 601 - 1919 Saskatchewan Drive Regina, Saskatchewan S4P 4H2
Government of Yukon Department of Community Services Office of the Superintendent of Securities 307 Black Street Whitehorse, Yukon Y1A 2N1

Crowe MacKay LLP

1100 - 1177 West Hastings Street

Vancouver, BC V6E 4T5

Main [phone]

Fax [phone]

www.crowemackay.ca

July 31, 2023

British Columbia Securities Commission

Alberta Securities Commission

Financial and Consumer Affairs Authority of Saskatchewan

The Manitoba Securities Commission

Ontario Securities Commission

Authorité des Marchés Financiers, Quebec

New Brunswick Financial and Consumer Services Commission

Nova Scotia Securities Commission

Newfoundland and Labrador Office of the Superintendent of Securities Service

Office of the Superintendent of Securities of Prince Edward Island

Northwest Terrorities Office of the Superintendent of Securities

Nunavut Office of the Superintendent of Securities

Office of the Yukon Superintendent of Securities

Dear Sirs/Mesdames,

Re: New Found Gold Corp. - Notice of Change of Auditor

As required by National Instrument 51-102, we confirm that we have reviewed the information contained in the Notice of Change of Auditor (the "Notice") dated July 31, 2023 by New Found Gold Corp. and, based on our knowledge of such information at this time, we agree with the information contained in the Notice.

Yours very truly,

Crowe MacKay LLP

Chartered Professional Accountants

KPMG LLP

777 Dunsmuir Street

Vancouver, BC V7Y 1K3

Canada

Tel [phone]

Fax [phone]

www.kpmg.ca

British Columbia Securities Commission

Alberta Securities Commission

Financial and Consumer Affairs Authority of Saskatchewan

The Manitoba Securities Commission

Ontario Securities Commission

Autorité des marchés financiers (Québec)

Securities, Financial and Consumer Services Commission (New Brunswick)

Nova Scotia Securities Commission

Office of the Superintendent of Securities (Prince Edward Island)

Office of the Superintendent of Securities Service Newfoundland and Labrador

Northwest Territories Registrar of Securities

Yukon Registrar of Securities

Nunavut Registrar of Securities

July 31, 2023

Dear Sir/Madam

Re: Notice of Change of Auditors of New Found Gold Corp.

We have read the Notice of New Found Gold Corp. dated July 31, 2023 and are in agreement with the statements contained in such Notice except that we are not in a position to agree or disagree with New Found Gold Corp.'s statement that no reportable events occurred in connection with the audit of the financial years ended December 31, 2022 and December 31, 2021, or for any period subsequent thereto.

Yours very truly,

Chartered Professional Accountants

KPMG LLP, an Ontario limited liability partnership and member firm of the KPMG global

organization of independent member firms affiliated with KPMG International Limited, a

private English company limited by guarantee. KPMG Canada provides services to KPMG LLP.