NeXGold Mining (NEXG) Corporate presentation summary

Strategic positioning and growth platform

• Near-term production targeted at the advanced Goliath Gold Complex in Ontario, with feasibility study and final permits underway and a pre-feasibility NPV5% of $652M and 41.1% IRR at $2,150/oz Au.

• Consolidation strategy supported by cornerstone investor Frank Giustra, with active evaluation of acquisitions to achieve mid-tier producer status.

• Renewed exploration focus across a 65km strike at Goliath, leveraging an experienced team for dual-track value from development and discovery.

• Strong balance sheet with over $12M in cash to accelerate development, exploration, and resource growth.

Asset portfolio and resources

• 100% ownership of Goliath Gold Complex in Northwestern Ontario, with 2.1Moz M&I and 0.8Moz inferred resources.

• Niblack project in Alaska hosts a 6Mt copper/gold VMS resource with 840K AuEq ounces and significant expansion potential.

• Goliath, Goldlund, and Miller deposits collectively contribute to robust mineral reserve and resource base.

Project economics and operational highlights

• Goliath Gold Complex PFS projects 1.2Moz recovered gold over 13 years, with average annual production of 109Koz in years 1-9.

• Cash cost projected at $892/oz and AISC at $1,037/oz for the first 9 years; initial capex of $335M and payback in under 2 years at $2,150/oz Au.

• At $1,750/oz Au, NPV5% is $336M and IRR is 25.4%; at $2,150/oz Au, NPV5% is $652M and IRR is 41.4%.

• Plant designed for 6.5ktpd with 92.8% gold recovery; LOM cash cost $935/oz and AISC $1,072/oz.