NeXGold Mining (NEXG) Corporate presentation summary

Company overview and strategic positioning

• Formed from the merger of NexGold Mining Corp. and Signal Gold Inc., consolidating over 60,000 hectares of mineral lands in Canada.

• Flagship assets include the Goliath Gold Complex in Ontario and the Goldboro Project in Nova Scotia.

• Management team and board bring over 200 years of combined mining sector experience.

• Shareholder and regulatory approvals completed in December 2024, ensuring full compliance and integration.

• Enhanced market presence and trading liquidity post-merger, with a market cap exceeding C$150 million.

Financial and operational highlights

• Combined mineral reserves of approximately 2.4 million gold equivalent ounces.

• Goliath: Post-tax NPV5% of C$336M, IRR of 25.4% at US$1,750/oz gold; 13+ year mine life, 91koz AuEq annual production.

• Goldboro: Post-tax NPV5% of C$328M, IRR of 25.5% at US$1,600/oz gold; 11-year mine life, 100koz Au annual production.

• Strong cash position of $8.5M and debt of US$12M as of June 30, 2025.

• Robust financial position supports ongoing exploration and development.

Project portfolio and resource details

• Goliath Gold Complex comprises Goliath, Goldlund, and Miller deposits, with 2.1Moz M&I and 0.8Moz inferred resources.

• Goliath PFS highlights: C$336M NPV5%, 25.4% IRR, 13-year mine life, 92.8% gold recovery, US$1,072/oz AISC.

• Goldboro is the largest undeveloped gold deposit in Nova Scotia, with 2.6Moz M&I and 0.5Moz inferred resources.

• Goldboro FS highlights: C$328M NPV5%, 25.5% IRR, 11-year mine life, 95.8% gold recovery, US$849/oz AISC.

• Niblack project in Alaska offers significant expansion potential with high-grade polymetallic resources.