Nevgold Corp · TSXV:NAU
Nevgold — Investor Presentation (August 2026)
32 slides from Nevgold's investor presentation, August 2026
Slide 1: Corporate Presentation
Corporate Presentation (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) August 2026 Fast-Track to Near-Term Antimony Production Right Team, Right Place, Right Time, Right Way Brandon Bonifacio, President & CEO: bbonifacio@nev-gold.com, 604-337-4997
Slide 2: Forward Looking Statements & Disclaimers
Forward Looking Statements & Disclaimers This presentation contains certain forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not a
Slide 3: Mineral Resource Estimates
Mineral Resource Estimates Limo Butte’s Mineral Resource Estimate (“MRE”) information is from the News Release dated July 15, 2026. The NI 43-101 Technical Report will be filed on SEDAR+ once completed. Nutmeg Mountain’s Mineral Resource Estimate (“MRE”) information is from the News Release dated Se
Slide 4: Attractive Locations – Focus on The Americas
Attractive Locations – Focus on The Americas NevGold has four promising district-scale assets in top-tier jurisdictions in the Western USA Limousine Butte (Nevada) ✓ Carlin-style gold-antimony deposit ✓ Positive, near-surface, thick, oxide gold- antimony drill results ✓ Near-term antimony production
Slide 5: Limo Butte District Activity – Surrounded by Majors
Limo Butte District Activity – Surrounded by Majors • Freeport-McMoran (NYSE:FCX, US$69B mkt cap) has US$33M earn-in deal on Butte Valley porphyry for up to 80% (executed in October-2022) • Adjacent to our southwest • Drilling for large Cu porphyry system • Added claims on the Western boundary of Li
Slide 6: 2026 Maiden Mineral Resource Estimate – July 15
2026 Maiden Mineral Resource Estimate (“MRE”) – July 15 ANTIMONY: • Phase 1 “Project Jumpstart Antimony” - path to potential near-term antimony production: 6,900 Sb tonnes M&I at 0.28% Sb (2.3 Mt) and 500 Sb tonnes Inferred at 0.99% Sb (0.05 Mt); antimony material at surface and already mined in pas
Slide 7: Phase 1) Project Jumpstart Antimony: Re-Process Leach Pads
Phase 1) Project Jumpstart Antimony: Re-Process Leach Pads • 6,900 Sb tonnes M&I at 0.28% Sb (2.3 Mt) and 500 Sb tonnes Inferred at 0.99% Sb (0.05 Mt) • Oxide material on the leach pads was mined and leached for gold; antimony was not processed; unique opportunity to accelerate antimony production o
Slide 8: Phase 2) Project Golden Bullet: Commercial Mining Operation
Phase 2) Project Golden Bullet: Commercial Mining Operation • Antimony Resource: 22,700 Sb tonnes M&I at 0.25% Sb (9.1 Mt) and 47,600 Sb tonnes Inferred at 0.18% Sb (26.5 Mt) • Gold Resource: 181,400 ozs M&I at 0.37 g/t Au (15.2 Mt) and 1,203,500 ozs Inferred at 0.32 g/t Au (117.5 Mt) • Continue to
Slide 9: 2026-2027 Work Program
2026-2027 Work Program NevGold is accelerating the path to oxide antimony production by 2028 at Limousine Butte Q3-2026 Q4-2026 Q1-2027 Q2-2027 Q3-2027 Mineral Resource Estimate (Sb / Au) Drilling = ~20km (two RC rigs) Drill Program - ~20km (Infill / Expansion) Metallurgical Testwork (Sb / Au) Furth
Slide 10: Perpetua Comparison
Perpetua Comparison NevGold is the 2nd company in the United States with a formal, commercial scale antimony-gold MRE (July 15) Area NevGold (NAU) Perpetua Resources (PPTA) Stock Exchange TSXV, OTCQX TSX, NYSE Market Capitalization ~C$321 million ~C$4.3 billion M&I: 29,600 Sb tonnes at 0.26% Sb, 181
Slide 11: Perpetua Case Study
Perpetua Case Study NevGold is the 2nd company in the United States with a commercial scale antimony-gold MRE • Perpetua Resources (NYSE:PPTA, TSX:PPTA, $4.3B mkt cap) is the most advanced gold-antimony project in the United States • PPTA market cap has increased 9x in last 2 years • NevGold market
Slide 12: Market Valuation Comparables – The Antimony Roadmap
Market Valuation Comparables – THE ANTIMONY ROADMAP • Perpetua Resources is the only gold-antimony comparable in the United States: EV/Resource multiple of ~+C$650/oz Au1 • NevGold maiden antimony-gold MRE announced July 15, 2026 → immediate re-rate potential based on the 2026 MRE • After MRE, NevGo
Slide 13: Untapped District Potential With Full Target Pipeline
Untapped District Potential With Full Target Pipeline • Limo Butte has untapped district-scale potential • 130,000 meters of drilling completed, but many targets are undrilled / untested • New NevGold geological model will be key focus: • Drill through thrusted upper dolomite to target concealed Pil
Slide 14: New NevGold Geological Model
New NevGold Geological Model New NevGold geological models opens up large areas at the Project for mineralization expansion Resurrection Ridge Cross Section – Old Model Resurrection Ridge Cross Section – NevGold Model • NevGold spent the last 3-4 years updating the geological model at Limo Butte • V
Slide 15: 2026 Drill Program Focus – Continue to the East at Resurrection
2026 Drill Program Focus – Continue to the East at Resurrection • CSAMT geophysics completed in 1H-2026; preliminary results show key expansion targets to the East • High-priority targets identified at Bullet Zone / Armory Fault with +4km of untapped expansion potential to the East of Resurrection R
Slide 16: 2025 Bullet Zone Discovery
2025 Bullet Zone Discovery Discovery of high-grade oxide antimony in new gold-antimony Bullet Zone with 2025 step-out drilling • NAU discovered Bullet Zone to the east of Resurrection Resurrection Ridge Plan Map Ridge with +150 meter step-out • Significantly expanded gold-antimony mineralization pot
Slide 17: 2025 Bullet Zone Discovery
2025 Bullet Zone Discovery Discovery of Bullet Zone below the older dolomite unit opens large untested areas at the Project Key Highlights Resurrection Ridge Cross Section • Two zones of mineralization intercepted (Upper Zone, Lower Zone) • Upper Zone (high-grade antimony) from surface • Lower Zone
Slide 18: Metallurgical Testwork – Acid Leaching Oxide Antimony
Metallurgical Testwork – Acid Leaching Oxide Antimony Antimony Rich Primary and Secondary Oxide Ore Crush Oxide Ore Hydrometallurgy Gold Ore - Low Sb (Acid Leaching) Crush Neutralization Sb Metal ROM Crushed Ore Leach Pad Agglomeration Tails Leach Pad Gold Recovery Plant 18
Slide 19: Summary of Testwork Results
Summary of Testwork Results • Acid Leaching – antimony metal would be produced on site through conventional leaching process – no reliance on downstream smelting and refining – Antimony recovery has minimal to no impact on the gold recovery in a potential combined future antimony-gold mine scenario
Slide 20: Capital Structure
Capital Structure Capital Structure & Share Ownership Shareholder Registry – August 2026 Total Issued and Outstanding 173,378,488 NevGold Insiders & Close Associates Options1 13,925,000 16% Current Float McEwen Warrants 2 14,584,254 31% 3% Total Fully Diluted 201,887,742 GoldMining 11% Market Capita
Slide 21: Executive Team & Board of Directors
Executive Team & Board of Directors Experienced team and board with a proven track record of success and relevant project development experience in the United States Executive Team Board of Directors Brandon Bonifacio • Mining executive with experience in M&A, project development, and project Giulio
Slide 22: Other Projects – Idaho (Gold, Copper)
Other Projects – Idaho (Gold, Copper)
Slide 23: 2026 Work Program – Other Projects
2026 Work Program – Other Projects Other NevGold projects offer optionality and value levers for the company; main focus remains on Limo Butte Nutmeg Mtn. Zeus - Geophysics - Geophysics - ~2km drilling - 1st Phase - Engineering Exploration Drilling Study Q1-2026 Q2-2026 Q3-2026 Q4-2026 Nutmeg – Meta
Slide 24: Project Benchmarking – Heap-Leach Grade & Strip Ratio
Project Benchmarking – Heap-Leach Grade & Strip Ratio • 2026 MRE at Limo Butte1: 100% oxide, heap-leach of 181 kozs M&I at 0.37 g/t Au and 1.2 Mozs Inferred at 0.32 g/t Au (antimony value on top of the gold) • Higher grade Au mineralization (0.45 g/t Au cutoff) of 104 kozs M&I at 0.95 g/t Au and 448
Slide 25: Nutmeg Mountain
Nutmeg Mountain Asset Summary Project Summary (100% owned) Property Map • 1,724 hectares (17.2 km2): • 210 federal unpatented lode mining claims Property Size • 12 patented claims • 2 leases of private land • 80km NW of Boise on paved state highway (~1.5 hour drive); 20km east of Access town of Weis
Slide 26: Nutmeg Mountain – 2025 Mineral Resource Estimate
Nutmeg Mountain – 2025 Mineral Resource Estimate Significant upside potential to further unlock after completing 2025 MRE update • 2025 Mineral Resource Estimate base case at 0.20 g/t Au cut-off grade contains 1.2 Mozs Au Indicated and 550 kozs Au Inferred • Pit shell was calculated with US$2350/oz
Slide 27: Nutmeg Mountain – 2025 Mineral Resource Estimate
Nutmeg Mountain – 2025 Mineral Resource Estimate Near-surface, heap-leach gold deposit Key Highlights Nutmeg Mountain Sections1 • Near-surface, heap-leach gold deposit • Significant exploration upside potential laterally and at depth • Mineralization identified below $2350/oz pit- shell • High-grade
Slide 28: Nutmeg Mountain – Exploration & Resource Opportunities
Nutmeg Mountain – Exploration & Resource Opportunities Exploration and Resource Opportunities Plan View Claim Boundary • Many exploration opportunities along strike to the north and south that have not been tested by NAU or prior operators • High-grade feeder structure at depth remains key target 20
Slide 29: Zeus Copper Project
Zeus Copper Project Zeus Copper Project is located in the emerging Hercules Copper Trend Key Highlights • NevGold staked the Zeus Copper Project in 2023/2024 on the emerging Hercules Copper Trend • District activity has increased since the October-2023 copper porphyry discovery made by Hercules Meta
Slide 30: Zeus Copper Project – District Geology Map
Zeus Copper Project – District Geology Map Zeus Copper Project has the same geological signatures as the Hercules Project Key Highlights • NevGold has secured some of the most strategic, prospective ground in the emerging Hercules Copper Trend • Zeus offers the same geological signatures as Hercules
Slide 31: Zeus Copper Project – 2025 Soil Survey Results
Zeus Copper Project – 2025 Soil Survey Results Identified large soil survey anomaly with 2 key targets defined at Poseidon and Thorn Springs Key Highlights • +2.4 km copper-gold-molybdenum soil geochemical anomaly identified at the Poseidon Target on Bureau of Land Management (“BLM”) ground • +1.0 k
Slide 32: Zeus Copper Project – Zeus vs. Hercules
Zeus Copper Project – Zeus vs. Hercules Many geological similarities exist between the Zeus Copper Project and Hercules Copper Project in the District… • Zeus has similar grade, mineralization footprint and geological signatures to the discovery made by Hercules Metals at the Hercules Project 32