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 and finance experience.

• Enhanced market presence and trading liquidity post-merger, with a market cap exceeding C$125 million.

• Strong financial position with ~$21M cash and US$12M debt after recent financing and restructuring.

Project portfolio and operational highlights

• Goliath Gold Complex: 13+ year mine life, post-tax NPV5% of C$336M, IRR 25.4%, average annual production of 91Koz AuEq.

• Goldboro Project: 11-year mine life, post-tax NPV5% of C$328M, IRR 25.5%, average annual production of 100Koz Au.

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

• Both projects have received key environmental approvals, de-risking development.

• Ongoing exploration programs targeting resource expansion at both flagship assets.

Goliath Gold Complex details

• Comprises Goliath, Goldlund, and Miller deposits with 100% ownership and 65km of prospective strike length.

• Federal Environmental Assessment approval received in 2019; robust infrastructure access.

• Updated mineral resource: 2.1Moz Measured & Indicated, 0.8Moz Inferred.

• PFS highlights: C$336M NPV5%, 25.4% IRR, C$335M initial capex, 2.8-year payback, LOM cash cost US$935/oz, AISC US$1,072/oz.

• 13-year mine life with >100Koz Au annual production in first 9 years; significant leverage to higher gold prices.