New Murchison Gold Limited · ASX:NMG
New Murchison Gold — RIU Conference (February 2026)
21 slides from New Murchison Gold's conference presentation, Feb 16, 2026
Slide 1: Unlocking Value in the Murchison Goldfields
Unlocking Value in the Murchison Goldfields
Slide 2: Important Information
Important Information Important – you must read the following before continuing JORC Compliance Statement – Exploration Results This investor presentation ("Presentation") is dated 16 February 2026 and has been prepared by New Murchison Gold Limited (ACN 950 465 564) (ASX:NMG) (“NMG" or "the Company
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (13 February 2026) Board & Management NMG:ASX Current Share Price A$0.064 Ordinary Shares on Issue 10,864m Options & Performance Rights 524m Market Capitalisation (undiluted) $695.31m ALEX RICK MAL JOANNE DEREK KIM PASSMORE CRABB RANDALL PALMER HUMPHRY GUNDERSEN
Slide 4: Why invest in New Murchison Gold Limited?
Why invest in New Murchison Gold Limited? NMG has moved quickly from first production to genuine financial flexibility, positioning the Company to evolve into a larger- scale producer. NMG is no longer constrained to a single development pathway. NMG’s cash position reduces execution risk and provid
Slide 5: 2024/2025 – Achievements at Crown Prince
2024/2025 – Achievements at Crown Prince November 2024 – Mineral Resource Estimate delivered for a shallow high-grade Crown Prince deposit 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 mi
Slide 6: Strategic Plan
Strategic Plan Build the project Commercialise Expand the group mineral to scale Crown Prince resource base Advance development Optimise Crown Develop Company workstreams Prince Operations Growth Crown Prince Underground Mine Lydia Open Pit Garden Gully regional upside Continue systematic regional e
Slide 7: Crown Prince now in steady state production
Crown Prince now in steady state production Mining and Crushing at CP delivered Ore Sales Quarters Dry Tonnes Grade (Au) Agreed Recovery Ounces First month – Sept. 2025 31,047 3.3g/t 96.8% 3,231 December 2025 184,746 4.0g/t 95.9% 22,766 Note: In the December 2025 quarter an additional 2,638 tonnes o
Slide 8: Strong Cash Generation from Crown Prince
Strong Cash Generation from Crown Prince High margin open pit mine in a rising gold price environment The OPA includes a processing charge of The average monthly gold price in the $30/t to $45/t, plus a 10% administration Gold December 2025 quarter was A$6,315/ounce, margin, with a margin of 8.5% fo
Slide 9: Crown Prince Mine Layout
Crown Prince Mine Layout The establishment of Crown Prince open pit mine creates infrastructure to support future mines providing an accelerated pathway for new projects: • Operational team developed • Flights and accommodation arrangements established • Site office infrastructure, including communi
Slide 10: Extending & Expanding Crown Prince Operations
Extending & Expanding Crown Prince Operations Crown Prince Underground & CP East Pit 10 newmurchgold.com.au
Slide 11: Lydia – adding to the open pit profile
Lydia – adding to the open pit profile 11 newmurchgold.com.au
Slide 12: Lydia Prospect – recent drilling highlights potential
Lydia Prospect – recent drilling highlights potential ➢ 3m at 32.9g/t Au from 46m incl. 1m at 62.4g/t Au from 47m in NGGRC1094 ➢ 9.10m at 10.3g/t Au from 89m incl. 1m at 24.6g/t Au from 94m in NGGDD1144 ➢ 8m at 9.1g/t Au from 20m incl. 4m at 16.7g/t Au from 24m in NGGRC1309 ➢ 21m at 3.4g/t Au from 1
Slide 13: Simple Plan to Unlock Value in the Murchison gold fields
Simple Plan to Unlock Value in the Murchison gold fields ACHIEVED ADVANCED ONGOING Explorer to Producer Optimise and Stablise Regional targeting • Low capital transition to cash • Continual improvement and • Exploration team focusing on generating gold producer optimisation of Crown Prince large sca
Slide 14: Tenement package – exploration potential
Tenement package – exploration potential Highly strategic belt-scale tenure holding • NMG’s projects are located in the highly prospective Abbotts Greenstone Belt, near Meekatharra, Western Australia ◦ The Abernethy shear zone is a major regional structure which runs through the eastern part of the
Slide 15: Project Pipeline
Project Pipeline NMG has a strong pipeline of exploration and development prospects at its flagship Garden Gully Gold Project Reserve Early-Stage Advanced Advanced Definition & Operation Prospects Prospects Resource Development Lydia Youngs Abbotts Transylvania Moving to production Production Govern
Slide 16: High grades at all prospects in the Abbotts Greenstone Belt
High grades at all prospects in the Abbotts Greenstone Belt Upside to resource inventory, new discovery potential regionally • Our focus is to optimise production, extend mine life and expand production at Crown Prince to leverage off current strong gold prices • Mine life extensions to come from Ab
Slide 17: Thank You
Thank You 17 newmurchgold.com.au
Slide 18: Appendix A – Crown Prince Mineral Resource Estimate
Appendix A Crown Prince Mineral Resource Estimate at 30 September 2025 Tonnes Grade Zone Category Contained Gold (oz Au) (t) (g/t Au) Indicated 411,000 3.8 50,700 Main Zone Inferred 318,000 3.1 31,300 Total 729,000 3.5 82,000 Indicated 1,015,000 5.1 168,100 South Eastern Zone Inferred 180,000 1.8 10
Slide 19: Appendix B – Crown Prince Ore Reserve Estimate
Appendix B Crown Prince Ore Reserve Estimate at 30 September 2025 Contained Gold (oz Deposit Category Tonnes (t) Grade (g/t Au) Cut-off Grade (g/t Au) Au) Crown Prince Probable 790,000 5.1 130,000 0.7 Crown Prince stockpiles Proven 130,000 1.4 5,600 0.7 Total 920,000 4.6 135,600 0.7 Notes The Compan
Slide 20: 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 21: Alex Passmore | CEO
Alex Passmore | CEO (08) 9389 6927 info@newmurchgold.com.au Level 2, 5 Ord St https://www.linkedin.com/company/ora-gold-limited https://twitter.com/Ora_goldASX West Perth WA 6005