New Murchison Gold Limited · ASX:NMG
New Murchison Gold — Shareholder Meeting (August 2025)
32 slides from New Murchison Gold's shareholder meeting presentation, Aug 15, 2025
Slide 1: EGM Shareholder Update - 15 August 2025
EGM Shareholder Update - 15 August 2025
Slide 2: Disclaimer
Disclaimer Important – you must read the following before continuing JORC Compliance Statement This investor presentation ("Presentation") is dated 30 May 2024 and has been prepared by New Murchison Gold Limited (ACN 950 465 564) (ASX:NMG) This Presentation contains NMG’s Exploration Results. The in
Slide 3: High Grade Gold Open Pit Developer in the Murchison District, WA
High Grade Gold Open Pit Developer in the Murchison District, WA Initial resource definition delivered a shallow high-grade Mineral Resource of 279koz at 3.9g/t Au at Crown Prince The Southeastern Zone (SEZ) is transformational for the Crown Prince Mineral Resource Estimate, which sits on a granted
Slide 4: Regional Geology & Prospect Location
Regional Geology & Prospect Location Highly strategic belt-scale tenure holding • NMG’s flagship Garden Gully Gold Project is located in the highly prospective Abbotts Greenstone Belt north of well established gold centre, Meekatharra, Western Australia ◦ The Abernethy shear zone is a major regional
Slide 5: Exploration and Development Pipeline
Exploration and Development Pipeline NMG has a strong pipeline of exploration and development prospects at its flagship Garden Gully Gold Project Reserve Early Stage Advanced Advanced Definition & Prospects Prospects Resource Development Abbotts White Horse Lydia Moving to production Moonlight Cresc
Slide 6: Westgold Strategic Alliance and Ore Purchase Agreement
Westgold Strategic Alliance and Ore Purchase Agreement Provides a clear pathway to comercialising Crown Prince, validates the quality of the deposit and enables NMG to leverage Westgold’s expertise and infrastructure to fast-track the development of Crown Prince Ore Purchase Agreement (OPA) will und
Slide 7: Corporate Overview
Corporate Overview Capital Structure (17/07/2025) Board & Management NMG:ASX Current Share Price A$0.017 Ordinary Shares on Issue 10,478m Options & Performance Rights 314m Market Capitalisation (undiluted) $178m ALEX RICK MAL JOANNE DEREK KIM PASSMORE CRABB RANDALL PALMER HUMPHRY GUNDERSEN Cash (end
Slide 8: Crown Prince Prospect
Crown Prince Prospect High-grade mineralisation in offset dilational jogs, which have then undergone folding and shearing Better intercepts at Crown Prince include: • 2m at 910.38g/t Au from 29m and 4m at 15.74g/t Au from 72m in OGGSRC574 (Southeastern Zone) • 1.64m at 3,090.00g/t Au from 251.36m in
Slide 9: Crown Prince: Southeastern Zone
Crown Prince: Southeastern Zone High-grade Southeastern Zone; plunging fold, mineralisation concentrated in fold hinge and along eastern flank • Southeastern Zone (SEZ) continues to return high-grade gold intercepts ◦ 20m at 277g/t Au from 40m including 4m at 1,368g/t Au from 52m (OGGRC859) ◦ 15m at
Slide 10: Ultra High-Grade Gold Intersected in Diamond Drill Core
Ultra High-Grade Gold Intersected in Diamond Drill Core Diamond hole NGGRCDD974 intersected returned 0.28m @ 17,240g/t Au * • Gold-rich shear zone intercepted in line with targeting that provides confidence to the mineral deposit model. • Assay results from diamond hole NGGRCDD974 returned 0.28m @ 1
Slide 11: Underground Project Potential
Underground Project Potential Recent drilling has confirmed the presence of strongly gold mineralised zones • Recent drilling has confirmed the presence of strongly gold mineralised zones at depth below the planned Crown Prince open pit. Including an extremely high-grade gold result received from NG
Slide 12: Grade Control Drilling Reveals High Grade Intersections
Grade Control Drilling Reveals High Grade Intersections High-grade gold intercepts from reverse circulation (RC) grade control drilling beneath the caprock zone • Grade control drilling covering the early mining benches in the proposed pit design at the Crown Prince Gold Project has now been finaliz
Slide 13: Crown Prince: Mineral Resource
Crown Prince: Mineral Resource Shallow, high-grade gold resource Crown Prince (JORC 2012) Mineral Resource Estimate • Indicated and Inferred Resource of 2.21Mt at 3.9g/t Au for 279koz , on a granted Mining Lease ◦ Resources are shallow, representing strong open pit mining potential ◦ Open along stri
Slide 14: 3D Interactive Presentation
3D Interactive Presentation Refer to NMG’s website to see our VRIFY 3D interactive presentation 14 newmurchgold.com.au
Slide 15: Crown Prince: Upside at Depth
Crown Prince: Upside at Depth Mineralisation open at depth • Gold mineralisation occurs within structurally controlled quartz – carbonate veins • These veins are relatively continuous along strike to the north-west and south-east (100’s of metres) until they are offset by local north-south shear zon
Slide 16: Crown Prince: Metallurgical Testwork
Crown Prince: Metallurgical Testwork Strong metallurgical performance from test work • High recovery of gold through gravity and cyanide leach test work • High overall gold recovery rates ranging from 98.2 – 99.8% • Gravity gold recoveries range from 66.6 – 90.5% • Rapid leach kinetics show 90% gold
Slide 17: Crown Prince Workstreams
Crown Prince Workstreams Project development and mining workstreams at Crown Prince Site works Ore Reserves and Grade Control Environmental commence and Production Planning Drilling and Project Production Permitting Imminent Detailed mine planning 500+ RC drill holes Mining Proposal and Site
Slide 18: Maiden Open Pit Ore Reserve Following Feasibility Study
Maiden Open Pit Ore Reserve Following Feasibility Study Highlights Basis of Reserve • Crown Prince Feasibility Study outlines pre-tax cash flow of • The Crown Prince Feasibility Study (FS) was completed in $226m (undiscounted) over a period of 30 months at current January 2025 and demonstrates sound
Slide 19: Mine Layout
Mine Layout Compact site with a relatively low overall disturbance area • Since early July 2025 the site has been active and is being established in accordance with design: ◦ West Pit at Crown Prince provides the majority of the ounces in the ore reserve ◦ Low grade (0.7 – 1.5 g/t Au) ore is being s
Slide 20: Resource conversion to Ore Reserve
Resource conversion to Ore Reserve The basis of the Reserve is the November 2024 Resource, comprising 2.2Mt @ 3.9g/t Au. Of this Resource, 1.5Mt (68%) @ 4.6g/t is in the Indicated category and is eligible to form part of the 2024 Reserve Grade Contained Gold Orebody Minerals Resource Tonnes (g/t Au)
Slide 21: Resource: Block Model
Resource: Block Model Numerous considerations that impact the Reserve. Notably, the Main & North Zones are partly sterilised by Garden Gully Creek Area impacted by Garden Gully Creek 21 newmurchgold.com.au
Slide 22: Unconverted Resource
Unconverted Resource Global Resource above 0.5g/t is 333koz - 195koz of gold sits outside pit design for a Reserve of 138koz. Of this, 168koz (86%) is under the Gully Creek or in three low grade zones around and below pits Total (koz) Adjust (koz) Resource: Global (Au>1.2g/t) 279 Resource: Global (A
Slide 23: Physicals
Physicals The Reserve mine plan targets 30-32kt of ore/month Ore type is well separated in the mine plan, allowing for the efficient sale of ore to BBGO* Ore (hence gold) is considered sold just after the ore is collected - the actual date the ore is processed is irrelevant to NMG Earlier-mined low
Slide 24: Life of Mine Cash Flow (Pre-Tax) by Month and Cumulative
Life of Mine Cash Flow (Pre-Tax) by Month and Cumulative 24 newmurchgold.com.au
Slide 25: Funding and Development Outlook
Funding and Development Outlook NMG finished June Quarter with $14.5 million cash. The Company recently completed a capital raising for $12 million plus a $3 million share purchase plan (SPP) ensuring NMG is funded to bring Crown Prince Gold Mine into production Mining Proposal and Mine Closure Pl
Slide 26: Operational Update
Operational Update Grade control drilling 0 – 50 m depth - Complete Bore, Pump and Pipe Installation New production bore – Complete 6km long dewatering pipe installation – commenced Approvals and Project Construction Heritage clearance complete & Mining Commencement Notice issued Native Ve
Slide 27: First Blast Completed Successfully
First Blast Completed Successfully 27 newmurchgold.com.au
Slide 28: Strong Progress on Site
Strong Progress on Site High-grade ore on Crown Prince ROM pad – Ore is being stockpiled on the ROM pad prior to crushing and sampling, which is expected to commence in the second half of August. Ore Parcel sales expected in September Mining performing well - significant amount of mining equipment h
Slide 29: Strategic Plan
Strategic Plan Build the project Commercialise to scale Crown Prince Crown Prince Advance development workstreams Progress detailed technical Continue drilling along strike, test Production and gold ore sales in H2 programs, preliminary project underground extensions and 2025 development and mining
Slide 30: Appendix A. Crown Prince MRE
Appendix A. Crown Prince MRE Crown Prince (JORC 2012) Mineral Resource Estimate Tonnes Grade Contained Zone Category (Mt) (g/t Au) Gold (koz Au) Indicated 1.06 5.1 173 Southeastern Zone Inferred 0.18 1.8 11 Total 1.24 4.6 184 Indicated 0.41 3.8 51 Main & Northern Zone Inferred 0.32 3.1 31 Total 0.73
Slide 31: Competent Person Statement
Competent Person Statement Exploration Results The information contained in this Presentation that relates to Exploration Results are based upon, and fairly represent, information and supporting documentation compiled by Mr Costica Vieru, a Member of the Australian Institute of Geoscientists and a f
Slide 32: Alex Passmore | CEO
Alex Passmore | CEO (08) 9289 6927 info@newmurchgold.com.au Level 2, 5 Ord St West Perth WA 6005
New Murchison Gold — Shareholder Meeting (August 2025) on 6ix