Nexgold · TSXV:NEXG
Nexgold — NexGold Mining — Investor Presentation (September 2026)
37 slides from Nexgold's investor presentation, September 2026
Slide 1: Canada's Next Mid-Tier Gold Producer
CANADA’S NEXT MID-TIER GOLD PRODUCER CORPORATE PRESENTATION SEPTEMBER 2026 TSX.V: NEXG OTCQX: NXGCF 1
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Disclaimer This presentation has been prepared by NexGold Mining Corp. ("NexGold" or the "Company") for information purposes only. This presentation does not constitute, and under no circumstances is to be construed as, a prospectus, offering memorandum, advertisement, public 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 6/30/26) 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 AND BEYOND 300 Phase 3 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 Classification Tonnes (kt) Au (g/t) Au (koz) 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: Early Works Construction Underway
GOLDBORO: EARLY WORKS CONSTRUCTION UNDERWAY NexGold commenced site preparation and early works construction activities at Goldboro in Sept 2026 These activities are a significant milestone in Goldboro’s development and are intended to de-risk the commencement of full-scale construction (post-constru
Slide 15: 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 16: 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 16
Slide 17: 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 18: 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 19: 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 20: Investor Takeaways
INVESTOR TAKEAWAYS TSX.V: NEXG OTCQX: NXGCF 20
Slide 21: 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 257.7M 32% (after recent financings and based on pro forma adjustments) Retail and Warrants 98.8M Other ($0.84 - $1.92 exercise price, avg exercise price $
Slide 22: 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 23: 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 24: Contact
Contact Call Us Chat with us TSX.V: NEXG OTCQX: NXGCF 24
Slide 25: Appendices
APPENDICES TSX.V: NEXG OTCQX: NXGCF 25
Slide 26: 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 27: 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 28: 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 29: Goldboro: 2021 Mineral Resource Estimate
GOLDBORO: 2021 MINERAL RESOURCE ESTIMATE Mineral Resource Type Gold Cut-off (g/t gold) Category Tonnes Grade (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 30: 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 31: 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 32: 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 32
Slide 33: 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 34: 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 35: 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 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
Slide 37: 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
NexGold Mining — Investor Presentation (September 2026) on 6ix