NeXGold Mining (NEXG) Corporate presentation summary

Strategic vision and growth trajectory

• Aims to become a leading Canadian mid-tier gold producer with two advanced projects targeting over 200,000 oz/year gold production and potential to reach 350,000 oz/year organically.

• Built portfolio through strategic M&A, acquiring Blackwolf Copper and Gold and Signal Gold, consolidating Goldboro and Goliath projects.

• Goldboro is fully permitted for construction with a decision expected in 2026; Goliath is being optimized and advanced in parallel.

• Strong financial position with over $100M cash, recent equity raise, and a US$175M project financing LOI.

Project portfolio and development plans

• Goldboro (Nova Scotia): 10.9-year mine life, 2.6Moz M&I resources, +100Koz/year production, C$328M after-tax NPV (5%), IRR 25.5%.

• Goliath Gold Complex (Ontario): 13+ year mine life, 2.1Moz M&I resources, +100Koz/year production, C$336M after-tax NPV (5%), IRR 25.4%.

• Both projects have robust open pit and underground potential, with phased development to optimize capital efficiency and resource growth.

• 2026 plans include updated feasibility studies, resource estimates, detailed engineering, and early works construction at Goldboro; infill drilling and exploration at Goliath.

Exploration and resource expansion

• Goldboro: Mineralization traced over 3.4km strike, open at depth, with high-grade drill results and four new high-priority exploration targets identified.

• Goliath: 25,000m infill drill program at Goldlund, ongoing exploration to expand open pit and underground resources.

• Niblack project (Alaska) offers additional resource upside with high-grade polymetallic mineralization and expansion potential.