Nexgold · TSXV:NEXG
Nexgold — NexGold Mining — Investor Presentation (August 2026)
36 slides from Nexgold's investor presentation, August 2026
Slide 1: Canada's Next Mid-Tier Gold Producer
CANADA’S NEXT MID-TIER GOLD PRODUCER CORPORATE PRESENTATION AUGUST 2026 TSX.V: NEXG OTCQX: NXGCF 1
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Disclaimer This presentation is not, and in no circumstances is it to be construed as, a prospectus, an advertisement, or a public offering of securities. No securities regulatory authority or similar authority has reviewed or in any way passed upon the document or the merits o
Slide 3: The Next Canadian Gold Mid-Tier
THE NEXT CANADIAN GOLD MID-TIER Building the premier Canadian gold investment vehicle 2 PROJECTS ~4.7Moz Au ADVANCING TOWARD PRODUCTION COMBINED M&I RESOURCES +200,000oz/yr +$100M TARGETED GOLD PRODUCTION CASH POSITION (AS OF 3/31/26) GOLIATH (PFS, 2023) GOLDBORO (FS, 2022) PERMITTED FOR CONSTRUCTIO
Slide 4: Foundation Laid for an Emerging Producer
FOUNDATION LAID FOR AN EMERGING PRODUCER NexGold was created in 2024 with a clear purpose: Develop high-quality Canadian gold projects • NexGold has consistently executed to de-risk, delever, and advance its portfolio 2026 2025 ADVANCEMENT, OPTIMIZATION PERMITTING SUCCESS, & CONSTRUCTION DECISION DE
Slide 5: The Pathway to 200,000oz and Beyond
Phase 4 THE PATHWAY Target Annual Gold Production (koz) Goldboro + Goliath Expansions TO 200,000oz 350 300-350koz Phase 3 AND BEYOND 300 Goldboro Underground Phase 2 Goldboro + 250koz 250 Goliath 200koz With significant growth 200 Phase 1 potential at both assets, Production NexGold has a clear path
Slide 6: The NexGold Opportunity: Positioned to Re-Rate
THE NEXGOLD OPPORTUNITY: POSITIONED TO RE-RATE Quality Canadian gold miners are highly sought after by the market – and execution gets rewarded • Canada is a tier-1 mining jurisdiction due to its talent/knowledge base, security, and clear rules around land tenure and tax • NexGold presents a compell
Slide 7: Skilled Management and Board
SKILLED MANAGEMENT AND BOARD Executive Management Board of Directors Jim Gowans Kevin Bullock David Anthony Kevin Bullock Orin Baranowsky Chairman President & CEO, Director Mr. Bullock is a registered 25+ years in finance; raised Professional Mining Engineer over $1.5B in financing for Andy Bowering
Slide 8: Projects
PROJECTS TSX.V: NEXG OTCQX: NXGCF 8
Slide 9: Goldboro Gold Project
GOLIATH GOLD COMPLEX GOLDBORO GOLD PROJECT GOLDBORO, NOVA SCOTIA 10.9 YR 2.6Moz +100Koz/yr C$328M C$271M MINE LIFE M&I RESOURCES PRODUCTION (YRS 1-9) AFTER-TAX NPV (5%) INITIAL CAPITAL TSX.V: NEXG OTCQX: NXGCF 9
Slide 10: Goldboro: Permitted and Advancing
GOLDBORO: PERMITTED AND ADVANCING Atlantic Canada’s highest-grade undeveloped open pit gold project Goldboro has all the elements of a great operation: Resource Tonnes Au (g/t) Au (koz) Classification (kt) ✓ Leading scale and grade: Measured 9,255 3.56 1,059 ▪ Largest gold deposit in Nova Scotia (pr
Slide 11: Goldboro: Infrastructure and Facilities
GOLDBORO: INFRASTRUCTURE AND FACILITIES Infrastructure contained in a single watershed • Fully-lined Tailings Storage Facility designed for 16.4 million tonnes of tailings and 10.8 million tonnes of co- placed Waste Rock • Employee Accommodation Facilities to house up to 175 personnel during operati
Slide 12: Goldboro: Significant Exploration Potential
GOLDBORO: SIGNIFICANT EXPLORATION POTENTIAL Selected highlights from the previous drill programs: • 26.09 g/t gold over 8.9m (105.5 to 114.4m) in hole BR-23-393 including 79.18 g/t gold over 0.5m and 371.59 g/t gold over 0.5m; • 20.59 g/t gold over 3.0m (122.4 to 125.4m) in hole BR-23-383 including
Slide 13: Scale Potential: Opportunity at Depth, Grade
SCALE POTENTIAL: OPPORTUNITY AT DEPTH, GRADE TSX.V: NEXG OTCQX: NXGCF 13
Slide 14: Goldboro: 2026 Development Plans
GOLDBORO: 2026 DEVELOPMENT PLANS NexGold is focused on setting Goldboro up for long-term success with several key milestones in 2026 TECHNICAL o Update Mineral Resource Estimate for recently completed infill drilling REPORTS o Update Feasibility Study, including OpEx, capex and gold price assumption
Slide 15: Goliath Gold Complex
GOLIATH GOLD COMPLEX GOLIATH GOLD COMPLEX DRYDEN, ONTARIO 13+ YR 2.1Moz +100Koz/yr PRODUCTION (YRS 1-9) C$336M C$335M MINE LIFE M&I RESOURCES AFTER-TAX NPV (5%) INITIAL CAPITAL TSX.V: NEXG OTCQX: NXGCF 15
Slide 16: Goliath: Robust Open Pit-Underground Project
GOLIATH: ROBUST OPEN PIT-UNDERGROUND PROJECT Multi-deposit property provides scale to support 100,000 oz/yr operation ✓ District scale land package in established Canadian gold camp • 330km2 land package in the Dryden camp, a prolific gold district including the Goliath, Goldlund and Miller deposits
Slide 17: Goliath: World Class Infrastructure
GOLIATH: WORLD CLASS INFRASTRUCTURE Goldlund Deposit Miller Deposit ▪ World class infrastructure at our doorstep, including: ▪ Trans-Canada Highway ▪ Ontario Provincial Hwy 72 ▪ CP Rail ▪ Hydro Trans-Canada Highway Goliath Deposit ▪ Ready access to experienced and available workforce in Dryden and S
Slide 18: Goliath: 2026 Development Plans
GOLIATH: 2026 DEVELOPMENT PLANS NexGold is working to optimize, de-risk and advance the Goliath Gold Complex • With Goldboro moving to a construction decision in 2026, NexGold has taken the decision to assess various alternatives for the project that yield the optimum plan and configuration for a fu
Slide 19: Investor Takeaways
INVESTOR TAKEAWAYS TSX.V: NEXG OTCQX: NXGCF 19
Slide 20: Well-Funded with Strong Sponsorship
WELL-FUNDED WITH STRONG SPONSORSHIP 5% Capital Markets Data Frank Giustra 2% NEXG Mgmt + Symbol TSXV: NEXG | OTCQX: NXGCF BOD Shares Outstanding (after recent financings and based on pro forma adjustments) 255.9M 32% Retail and Warrants 100.4M Other ($0.84 - $1.92 exercise price, avg exercise price
Slide 21: Major Upside Potential Relative to Peers
MAJOR UPSIDE POTENTIAL RELATIVE TO PEERS Closing the Valuation Gap: Enhancing Market Position NexGold is well-positioned, with two near-permitted projects in Canada, to close the valuation gap with its peers in the mining sector, representing significant upside re-rate potential for shareholders. Ma
Slide 22: Canada's Next Mid-Tier Gold Producer
Multiple high-quality Canadian gold projects: • Key permits in hand for flagship Goldboro Gold Project; construction decision expected in 2026 • Goliath Gold Complex a robust development project; currently being optimized and strengthened Well-defined production growth trajectory: • Clear pathway to
Slide 23: Contact
Contact Call Us Chat with us TSX.V: NEXG OTCQX: NXGCF
Slide 24: Appendices
APPENDICES TSX.V: NEXG OTCQX: NXGCF
Slide 25: Niblack
NIBLACK ▪ 6 Mt NI 43-101 mineral resource, updated February 2023 ▪ Geological reinterpretation confirmed by 2021 drilling now provides significant expansion potential in multiple directions ▪ 2020/2021 drill highlights includes grades up to 4.93 g/t Au, 145 g/t Ag and 5.18% Cu ▪ Existing production-
Slide 26: Goldboro: A Robust Open Pit Project
GOLDBORO: A ROBUST OPEN PIT PROJECT C$328 MILLION, ~11 YEARS ~100,000 C$271 IRR 25.5% OUNCES MILLION AFTER-TAX NPV 5% OPEN PIT AVERAGE ANNUAL LOM GOLD INITIAL CAPITAL (US$1,600/oz Gold Price) MINE LIFE PRODUCTION COSTS 1.2 NPV TO INITIAL US$773 per US$849 per CAPITAL 95.8% OUNCE OUNCE AFTER-TAX IRR
Slide 27: Goldboro: Compelling Economics and Leverage
GOLDBORO: COMPELLING ECONOMICS AND LEVERAGE Feasibility Study NPV: >C$1B at spot prices General LOM Total Avg. Gold Price (US$/oz) $1,600 Goldboro Feasibility Study Plan: A capital-efficient, phased approach Mine Life (Years) 10.9 Production • Production starting from the open pit, providing lead ti
Slide 28: Goldboro: 2021 Mineral Resource Estimate
GOLDBORO: 2021 MINERAL RESOURCE ESTIMATE Mineral Resource Gold Cut-off (g/t Grade Type gold) Category Tonnes (g/t gold) Gold Ounces November 2021 Mineral Resource based on: Measured 7,680,000 2.76 681,000 • 681 surface and underground drill holes Indicated 7,988,000 2.89 741,000 • A total of 121,540
Slide 29: Goldboro: Phased-Development Approach
GOLDBORO: PHASED-DEVELOPMENT APPROACH The Company is approaching the development of Goldboro in a disciplined, capital efficient, phased approach, with the Phase I Feasibility Study focused on the surface mining component of a longer-term plan that would incorporate underground mining into the Proje
Slide 30: Goldboro: Targeting Expansion
GOLDBORO: TARGETING EXPANSION Opportunity for further regional mineral resource growth based on ~4,000-line kilometre airborne magnetic and very low frequency (“VLF”) electromagnetic surveys • Survey indicates numerous geophysical anomalies associated with both the Goldboro and Lower Seal Harbour Tr
Slide 31: Goldboro: Scale Potential
GOLDBORO: SCALE POTENTIAL • Mineralization now traced for over 3.4km of strike length • Indications of further mineralization along strike and down plunge • Deepest hole drilled to date is 550m vertical and continues to be open TSX.V: NEXG OTCQX: NXGCF 31
Slide 32: Goldboro: The Fowler Target
GOLDBORO: THE FOWLER TARGET • The Fowler target is located within the Goldboro Trend, a 28-km-long geological trend defined by an anticlinal fold structure that hosts the Goldboro Deposit • The Goldboro Deposit is hosted within a geological level referred to as the Richardson sequence which plunges
Slide 33: Goliath: A Robust Open Pit-Underground Project
GOLIATH: A ROBUST OPEN PIT-UNDERGROUND PROJECT C$336 MILLION, 13+ YEARS ~109,000 C$335 IRR 25.4% OUNCES MILLION AFTER-TAX NPV 5% MINE LIFE AVERAGE ANNUAL GOLD INITIAL CAPITAL (US$1,750/oz Gold Price) PRODUCTION YR 1-9 COST 1.0 NPV TO INITIAL US$892 per US$1,037 per CAPITAL 92.8% OUNCE OUNCE AFTER-TA
Slide 34: Goliath: Prefeasibility Study
GOLIATH: PREFEASIBILITY STUDY General LOM Total Avg. PFS NPV >C$1B at Spot Prices Gold Price (US$/oz) $1,750 The February 2023 Prefeasibility Study for Goliath considers a 13-year mine life with average production >100Koz Silver Price (US$/oz) $21 Au in the first nine years. The PFS outlines a 6.5Kt
Slide 35: Goliath: NI43-101 Mineral Reserve Estimate
GOLIATH: NI43-101 MINERAL RESERVE ESTIMATE Deposit Quantity (‘000 tonnes) Grade Gold (g/t) Contained Gold (‘000 oz) Grade Silver (g/t) Contained Silver (‘000 oz) Open Pit – Goliath Proven 3,969 1.05 134 3.22 410 Probable 5,580 0.67 119 2.20 395 Proven & Probable 9,549 0.83 254 2.62 805 Open Pit – Go
Slide 36: Goliath: NI43-101 Mineral Resource Estimate
GOLIATH: NI43-101 MINERAL RESOURCE ESTIMATE Deposit Cut-off Grade (g/t) Quantity (‘000 tonnes) Grade Gold (g/t) Contained Gold (‘000 oz) Measured Resources Goliath Open Pit 0.25 6,223 1.20 240 Goliath Underground 2.2 170 6.24 34 Total Measured 6,393 1.33 274 Indicated Resources Goliath Open Pit 0.3