investor presentation

1. TSX:NMI
OTCQX:NMKTF
April 2016
Exceptional Team, Solid Production,
Significant Valuation Upside

2. 2TSX:NMI
Forward-looking Statements
Certain information set forth in this presentation contains “forward-looking statements”, and “forward-looking
information under applicable securities laws. Except for statements of historical fact, certain information contained
herein constitutes forward-looking statements, which include the Company’s expectations about its business and
operations, and are based on the Company’s current internal expectations, estimates, projections, assumptions and
beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as
“will”, “expects”, “anticipates”, “believes”, “projects”, “plans”, and similar expressions. These statements are not
guarantees of future performance or outcomes and undue reliance should not be placed on them. Forward-looking
statements are based on the opinions and estimates of management as of the date such statements are made and they
are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different from those expressed or implied by
such forward-looking statements or forward-looking information. Although management of the Company has
attempted to identify important factors that could cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and forward-looking information. The Company does not
undertake to update any forward-looking statements or forward-looking information that are included in this
presentation or incorporated by reference herein, except in accordance with applicable securities laws.

3. 3TSX:NMI
Newmarket Gold Highlights
 Excellent capital structure US$52.1M cash (A$72.0M equivalent) and US$1.5M debt
 Experienced capital markets and operational team with a proven track record of execution and
significant value creation
 Three 100% owned operating gold mines in Australia with sustainable production of over 200,000
ounces annually with strong cash flow (all production unhedged)
 Record Q1, 2016 Fosterville Gold Mine Production (33,138 ounces)
 New mine site discoveries leading to organic production growth
 Disciplined gold asset consolidation strategy
 Highly leveraged to the AUD$ gold price (A$1640, April 8,2016)
NEWMARKET OPPORTUNITY
$1,630
$2,802
EV/oz Production EV/oz Production
4.2x
6.4x
Price/2016E CFPS (ratio) Price/2016E CFPS (ratio)
Peer Group1Peer Group1
Newmarket Valuation Newmarket Valuation
1. Peer group details slide 9. Source: FactSet, Bloomberg, company disclosure, available equity research. Averages exclude Newmarket, details as at April 08, 2016.

4. 4TSX:NMI
NEWMARKET GOLD FOUR PILLARS
SUPERIOR INVESTMENT OPPORTUNITY
PEOPLE
Track record of superior value
creation
Board and management
aligned with shareholders
($12M invested 8% equity
ownership)
Experienced management
team
Demonstrated operations
excellence
OPERATIONS
Three gold mines in Australia,
over 200,000 ounces annual
production
Strong cash position
(US$52.1M1), record low
operating cash costs and AISC,
prudent capital allocation
Delivering on guidance, focus on
free cash flow and growth
Mineral Reserves at Fosterville
increased 34% with a grade
increase of 25% to 6.95g/t gold2
DISCOVERIES
Three new mine site gold
discoveries close to current
infrastructure
Significant resource expansion
opportunities at all mines
New Eagle visible gold discovery
at Fosterville traced over 600m x
290m and open
Trend to higher consolidated
grades and recoveries
GROWTH
Strong potential for organic
production growth and
resource expansion
Deep capital markets
relationships, patiently
targeting accretive
production opportunities
1. As at March 31 2016 2. December 31, 2015 Resource & Reserve update see slide 28 for details

5. 5TSX:NMI
STRONG FINANCIAL POSITION
Cash Balance($M)1 US$52.1
Working Capital (incl. Cash)($M)1 US$38.0
Debt ($M)1 US$1.5
TSX:NMI OTCQX: NMKTF
1. As at March 31, 2016 2. Excludes 11,438,820 warrants which have a strike price of $9.16. 4. 972,000 broker warrants at $1.25 expiring on January 10, 2017.
Balance Sheet
Issued and Outstanding (M) 174.7
Market Capitalization (M) (as at April 08, 2016) US$390
Options (M) 10.5
Performance Share Units (M) 4.0
Warrants3,4 0.9
Fully Diluted (M) 190.1
Luxor Capital Group LP 28.7%
Eric Sprott 8.7%
Management/Board (basic) 8%
Capital Structure & Ownership
Average Daily Volume
30 day 2,000,000
CASH
$52.1 Million
$67.5
$74.2 $76.5
$112.1
$117.7
2013A 2014A 2015A 2016E 2017E
Source: 2013-2014 Actuals, 2016E-2017E – Factset Consensus
Consensus Estimated Operating Cash Flow
(US$ Millions)
Debt $1.5 Million

6. 6TSX:NMI
 Low G&A on a per oz basis:
currently US$27/oz vs peers at US$56/oz
 Strong Founders share
ownership: C$12 million currently
invested (8% issued and outstanding)
 Aligned PSU Vesting Plan based
on share price performance:
 1/3 has vested at C$2.25
 1/3 vest when the price is C$3.00 or greater
 1/3 vest when the price is C$3.75 or greater
 PSUs expire worthless after 3 years (mid-2018), If
share price thresholds not met
EXPERIENCED VALUE CREATION TEAM
Raymond Threlkeld Chairman
Douglas Forster President, CEO & Director
Blayne Johnson Executive VP, Director
Lukas Lundin Director
Randall Oliphant Director
Darren Hall Chief Operating Officer
Doug Hurst VP Corporate Development
Robert Dufour Chief Financial Officer
Robert Getz Director
Kevin Conboy Director
Edward Farrauto Director
Michael Vint Director
Advisors
Ian Telfer Capital Markets
Michael Vitton Capital Markets
The founders have created over $30 billion in
market cap value
ALIGNED WITH
SHAREHOLDERS

7. 7TSX:NMI
SUSTAINABLE PRODUCER WITH A STRATEGY FOR LONG-TERM GROWTH
RECORD 222,671 oz
FLAGSHIP
FOSTERVILLE GOLD
MINE
3 Australian
CONSOLIDATED GOLD PRODUCTION
2015 RECORD YEAR
RECORD PRODUCTION 123,095
RECORD GRADE 6.11 g/t Au
RECORD RECOVERY 88.5%
RECORD DRILL INTERCEPT 645g/t Au over 3.5m
CONSOLIDATED COSTS
OPERATING CASH COSTS $US 704/oz
ALL-IN SUSTAINING COSTS $US 987/oz
Gold Mines
THREE NEW MINE SITE DISCOVERIES
ROBUST AUD$ GOLD PRICE

8. 8TSX:NMI
Q1 2016 HIGHLIGHTS
 Cash at March 31, 2016: US$52.1 million, an increase of US$15.6 million from December 31,
2015
 Consolidated Q1, 2016 production of 58,057 ounces
 Record Quarterly production from Fosterville: 33,138 ounces on record mill grade of 7.34 g/t Au
 27% improvement in Cosmo production to 16,340 ounces over Q4, 2015 including a record
month in March of 8,022 ounces
 Continued high grade, visible gold-bearing drill intercepts from the Lower Phoenix gold system;
Eagle and East Dipping structures including: 500.7 g/t (17.6 opt) Au over 12.5 m (ETW: 4.5 m)
 Fosterville’s new gravity gold circuit is operational and being commissioned with free gold
currently being recovered
Peer Group1Peer Group1
As at March 31, 2016

9. 9TSX:NMI
Newmarket Gold/Lake Shore Gold Value Comp
Trading Multiples
NMI 2015 FY
Apr 8/16
LSG Takeout
Feb 8/16
CRJ Takeout
Mar 7/16
Share / Offer price C$/sh $2.92 $1.71 $1.65
FDITM Mkt Cap / Equity Purchase Price
US$M
$418 $682 $254
FDITM EV1 US$M $363 $617 $247
2015 Production koz Au 223 179 76
2015 Cash Costs US$/oz $704 $580 $503
2015 AISC US$/oz $987 $870 $861
Reserves Moz Au 0.8 0.8 1.1
Resources (inclusive) Moz Au 7.8 11.2 2.7
EV/ 2015 Production US$/oz $1,630 $3,446 $3,255
EV/ Reserves US$/oz $464 $798 $219
EV/ Resources US$/oz $47 $55 $92
P / NAV 1.18x 1.30x 1.66x
P / CF 4.23x 6.90x 6.21x
1.Newmarket Gold convertible debentures have been converted or redeemed. EV reflects proceeds from option and warrant exercises to date. 2. Claude Resources cash cost and AISC based on Q1-Q3 ‘15.
Source: GMP Securities
 February 8, 2016: Tahoe Resources announces acquisition of Lake Shore Gold for C$945 million

10. 10TSX:NMI
Source: FactSet, Bloomberg, company disclosure, available equity research.
Averages exclude Newmarket as at April 08, 2016.
Peer Group Comparison
 All comparison metrics present an
opportunity for significant valuation
re-rating with Newmarket Gold
EV / 2016E Prod. (US$/oz)
Price / Consensus 2016E CFPS (ratio) EV / Consensus 2016E EBITDA (ratio)
$990
$1,630
$2,112
$2,561
$2,783 $2,802 $2,803
$3,306
$3,669
Average:
$2,802
3.7x
4.2x 4.4x
5.2x 5.5x 5.5x
6.0x
7.0x
8.8x
Average:
6.4x
2.5x 2.6x
4.1x
4.5x 4.6x
5.2x 5.4x 5.5x
7.0x
Average:
5.1x

11. 11TSX:NMI
PRODUCING IN A TOP MINING JURISDICTION
COSMO/UNION REEF
Location Northern Territory
Ownership 100%
Metals Gold
Mining Underground
Capacity 2.0Mtpa
Yrs in Production 2.5
Prod. Guidance 60k – 65k ounces
Discovery Western Lodes Discovery
MAUD CREEK GOLD PROJECT
Location Northern Territory
Ownership 100%
Metals Gold
Mining Open Pit + Underground
Stage PEA
M&I Resources 724,000 ozs @ 3.46 g/t1
1. See slide 27/28 for details on Mineral Resource and Reserve details 2. see Non-IFRS Disclosure p.35
FOSTERVILLE GOLD MINE
Location Bendigo, Victoria
Ownership 100% (2% Royalty)
Metals Gold
Mining Underground
Capacity 850Ktpa
Yrs in Production +10
Prod. Guidance 110k – 120k ounces
Discovery Eagle Fault Zone
STAWELL GOLD MINE
Location Stawell, Victoria
Ownership 100% (1% Royalty)
Metals Gold
Mining Underground
Capacity 1.0Mtpa
Yrs in Production +30
Prod. Guidance ~35k ounces
Discovery Aurora B Gold Zone
2016E CONSOLIDATED GUIDANCE
Production: 205,000 - 220,000 ounces
Operating Cash Cost2: US$650 - US$725 per ounce
All-in sustaining costs2: US$950 - US$1,025 per ounce
AUSTRALIA
BIG HILL GOLD PROJECT
Location Victoria
Ownership 100%
Metals Gold
Mining Open Pit
Stage Permitting
M&I Resources 166,000 ozs @ 1.52 g/t1
Producing Mine
Development Project
Mine site Discovery

12. 12TSX:NMI
2015 FY Financial Performance
(As at Dec 31, 2015) US$ Million
Revenue $257.9
Record Operating cash flow $76.5
Net Income $(2.8)
Net Income per share (basic and diluted)* $(0.02)
Adjusted Net Income** $40.7
Adjusted Net Income per share (basic and diluted)** $0.32
Cash (M) (as at Dec 31, 2015) $36.5
Cash (M) (as at Mar 31, 2016) $52.1
Sustaining Capital (M) $55.3
Growth Investment (M) $12.0
Average Realized Gold Price US$ (2015) $1,156
*Pre-Transaction net (loss) income per share is presented after giving effect to the Arrangement share exchange ratio of 0.2456. **Excludes non-cash impairment charge of $26.5M relating to the Cosmo
Gold Mine and non-core assets, accounting for a $0.21 per share loss, and also includes transaction costs of $17.0M accounting for a $0.14 per share loss.

13. 13TSX:NMI
2015 Record Production 123,095 oz
2015 Record Grade 6.11 g/t Au
H2/15 Record Production 64,044
H2/15 Record Grade 6.37g/t Au
H2/15 Record Recoveries 88%
H2/15 Operating Cash Costs per ounce $496
H2/15 All-In Sustaining Costs per ounce $7811
Q1/16 Record production 33,138
Q1/16 Record grade 7.34g/t Au
Flagship Fosterville Mine – Low Cost Producer
U.S. Dollars unless stated otherwise 1. excludes corporate G&A, average for Q3/Q4, 2015, see page 27-28 for further 43-101 disclosure
DISCOVERY LOWER PHOENIX GOLD ZONE
2015 MINERAL RESOURCE & RESERVES
 Proven and Probable underground Mineral Reserves increased 34% to 244,000 ounces of gold. (Dec 31. 2015)
 Mineral Reserve grade increased 25% grading 6.95 g/t gold (Dec 31. 2015)
 Fosterville’s current mining front comprising the Phoenix and Lower Phoenix gold systems, and associated structures, host
Measured and Indicated Mineral Resources containing 673,000 ounces grading 8.33 g/t2 open up and down plunge
High grade, visible gold-bearing Lower Phoenix
system tested over two kms and open for expansion

14. 14TSX:NMI
Fosterville Mine (Longitudinal Projection)
Harrier Drill Drive
12.5 g/t Au over 3.3m
12.75 g/t Au
over 5.9m
Lower Phoenix
Phoenix
7850mN
Drill Targets
1km step-out drilling
H2/2016 drill results
NORTHSOUTH
Mineral Resources, Reserves and MINING as at December 31, 2015
Harrier Decline
Harrier
Proven & Probable Mineral Reserves
of 244,000 ounces grading 6.95 g/t
gold
Fosterville Global Measured and
Indicated Mineral Resources of 2.1
million ounces grading 4.39 g/t gold
6200mN4.4 g/t Au
over 8.0m
6.5 g/t Au over 6.0m
9.3 g/t Au
over 3.3m

15. 15TSX:NMI
Legend
Drill Intercepts
Coloured by Gram-Metre
Mined Stopes Reserves >30 5 - 15
Mined Development Mine Design Target Trend 15 – 20 1 - 5
12.8 g/t Gold over 8.5m
24.8 g/t Gold over 2.5m
16.4 g/t Gold (Visible Gold)
over 16.5m
73.2 g/t Gold (Visible Gold) over 7.8m
385 g/t Gold (Visible Gold) over 3.4m
Fosterville Mine (Lower Phoenix, Phoenix Mining Front)
5.3 g/t Gold over 5.9m
286 g/t Gold (Visible Gold) over 2.8m
11.1 g/t Gold over 4.9m
42.9 g/t Gold over 3.7m
161 g/t Gold over 4.9m
645 g/t Gold over 3.5m
Lower Phoenix & Phoenix gold
system, current mining fronts at
Fosterville include:
M & I Resources of 673,000 oz grading
8.33 g/t gold
Inferred Resources of 101,000 oz
grading 9.49 g/t gold
Phoenix
Lower Phoenix

16. 16TSX:NMI
Fosterville Mine – Peer Cost Comparison
H2/15
Production
H2/15
Cash Costs
Per Ounce
H2/15
AISC
Per Ounce
Fosterville/Newmarket Gold1 (Australia) 64,044 $496 $781
Andy Wells/Doray Minerals2 (Australia) 47,197 $443 $783
Carosue Dam/Saracen Minerals2 (Australia) 82,405 $548 $742
Timmins West/Lakeshore Gold3 (Canada) 64,000 $607 $929
Pajingo/Evolution Mining2 (Australia) 32,316 $634 $895
Macassa/Kirkland Lake4(Canada) 61,475 $650 $962
1. See non-IFRS details on slide 32, second half 2015 end Dec 31, 2015 for costs and production, excludes corporate G&A 2. Jun, Dec 2015 Quarterly Reports, Weighted average costs based on quarterly results.
Assuming 0.730 USD:AUD for all quarters 3. Q3 and Q4 Results Press Releases 4. Mar, Jun, Sep, Dec 2015 Quarterly Reports, Production based on 2015 Stub-year 8 month period May 1 to Dec 31, 2015, costs
based on 6 month period ended Oct 31, 2015
(open pit/underground)
(open pit/underground)
Underground Mine Comparisons

17. 17TSX:NMI
Fosterville
123,095
Cosmo
63,255
Stawell
36,321
FY 2015
222,671 oz
Fosterville Operation Profile 2014A 2015A Q1/2016A 2016 Guidance
Gold Production 105,342 123,095 33,138 110,000 – 120,000
Gold grade (g/t) 4.62 6.11 7.34 n/a
Recovery (%) 86.4 88.5 86.8 n/a
Operating Cash Costs (US$/oz) $737 $516 n/a $500-$575
AISC (US$/oz) $1,186 $8371 n/a n/a2
Operations Overview
1. (see Non-IFRS Disclosure p.35). 2. 2016 Consolidated Company AISC guidance is US$950 – US$1,025/oz and operating cash cost guidance is US$650 – US$725/oz
Cosmo Operation Profile 2014A 2015A Q1/2016A 2016 Guidance
Gold Production 77,740 63,255 16,340 60,000 - 65,000
Gold grade (g/t) 3.14 2.99 3.09 n/a
Recovery (%) 88.9 90.7 90.7 n/a
Operating Cash Costs (US$/oz) $1,000 $917 n/a $720-$795
AISC (US$/oz) $1,2631 $1,1541 n/a n/a2
Stawell Operation Profile 2014A 2015A Q1/2016A 2016 Guidance
Gold Production 39,230 36,321 8,579 ~35,000
Gold grade (g/t) 1.67 1.56 1.43 n/a
Recovery (%) 78.8 80.8 79.9 n/a
Operating Cash Costs (US$/oz) $1,151 $917 n/a $900-$975
AISC (US$/oz) $1,1931 $1,0631 n/a n/a2
55%
Gold
Production
from
Fosterville
Gold Mine
Gold Production (oz)

18. 18TSX:NMI
Stawell Mine Discovery (Expansion Opportunity)
Longitudinal Projection of Stawell Gold Mine Showing East Flank Targets
Brummigans
Big Hill Surface Opportunity
WEST FLANK
Past Production of 2.3
Million ounces Gold
Past old
8.03 g/t gold over 8.8 m
EAST FLANK
7.06 g/t gold over 17.80 m
Discovery Zones, no production,
close to current infrastructure
(approximately 200m from Aurora B)

19. 19TSX:NMI
Stawell Mine Aurora B Discovery Section
Maiden Inferred Mineral Resource
of 30,400 ounces grading 3.5g/t
gold. The grade of the Aurora B
Inferred Mineral Resource is 42%
greater than the underground
Mineral Reserve grade
East Flank
Target
Aurora A
Traditionally
mined West
Flank total
production to
date 2.3 million
ounces
Magdala
13.7 g/t gold over 5.4 m

20. 20TSX:NMI
Cosmo Mine Discovery (Close to Infrastructure)
0 100
metres
Western
Lode
Target
Sliver
Target
7.42 g/t gold over 4.3 m
6.59 g/t gold over 6.4 m
Cosmo Long Section
14.79 g/t gold over 11.4 m,
14.07 g/t gold over 6.4 m
5.85g/t gold over 5.7 m
10.25 g/t gold over 2.8 m
Inc. 6.4 g/t gold over 3.1 m
The Cosmo Eastern Deeps drilling has identified
mineralization approximately 200 m down
plunge from the base of current resources
WESTERN LODE PLAN MAP
EASTERN DEEPS SECTION
 Union Reefs mill has 1.2Mt of excess capacity to
treat additional ore
AB

21. 21TSX:NMI
PEOPLE
Founders have created over $30 billion of shareholder value
Shareholder alignment C$12M invested, 8% equity ownership,
performance share units vest based on share price performance
Demonstrated operational excellence
OPERATIONS
Three operating mines in Australia with over 220,000 ounces of annual
gold production, strong cash position, (US$52.1M) with 2015
consolidated record low operating cash costs $704 and AISC $987
Trend to higher consolidated grades and recoveries
GROWTH
Newmarket’s vision is to become the next quality intermediate gold producer
with annual production of 400-500kozs
Focusing on internal organic growth and a prudent accretive acquisition strategy
Newmarket Gold Advantage
DISCOVERIES
Three new mine site gold discoveries close to current infrastructure with
significant resource expansion opportunity – extensive drilling underway
New Eagle visible gold discovery at Fosterville traced over 600m x 290m
open down plunge

22. Douglas Forster
President & CEO, Director
T: 604-559-8040
E: dforster@newmarketgoldinc.com
www.newmarketgoldinc.com
Contact Us
Ryan King
Vice President, Corporate Communications
T: 778-998-3700
E: rking@newmarketgoldinc.com
Laura Lepore
Director, Investor Relations
T: 416-728-3707
E: llepore@newmarketgoldinc.com
TSX:NMI

23. 23TSX:NMI
Proven Track Record of Success
“Newmarket Gold Inc.’s mission is to deliver exceptional shareholder value through a disciplined
approach to acquiring quality, gold production assets and outstanding development
opportunities in politically stable jurisdictions worldwide”
Public Sold
Principals have founded, managed and sold mining companies with a combined market value of
approximately $30 billion

24. 24TSX:NMI
Analyst Coverage1 and Liquidity Since July
Firm GMP Securities Anonymous TD Securities R. James CIBC Beacon Canaccord RBC Scotia
Shares
Traded
24.5 Million 15.0 Million 8.7 Million 6.6 Million 5.5 Million 5.0 Million 3.7 Million 3.4 Million 2.7 Million
30 Day Avg Volume 2,000,000 (as of Mar 22 2016)
Broker
Initiation
Date
Target
Price
Target Rating
FY15E
Production
Oz (000’s)
FY15E
Cash Costs
FY15E
AISC
CAPEX NAV
Beacon Securities Nov ’15 $3.25 Buy _ $704 $1,139 $29.5 $336
Cormark Securities Nov ’15 $2.80 Buy 220 $710 $1,017 _ $316
GMP Oct ’15 $3.55 Buy 234 $680 _ $55 $351
Laurentian Bank Dec ’15 $2.75 Buy 222 $697 $948
Raymond James Nov ’15 $3.30 Strong Buy 222 $709 $1,012 $58 $360
RBC Capital Nov ’15 $2.75 Buy 229 $696 $991 $58 $391
Rodman & Renshaw Dec ’15 $3.00 Buy 217 $725 $995 $47 _
PI Financial Jan ’16 $2.75 Buy 225.8 $699 $944 $60.1 $360
M Partners Mar ’16 $3.00 Buy 222.0 $709 $1,062 $76.1 -
BMO Feb ‘16 $3.00 Buy 214 $686 $982
Average $3.00
1. Factset consensus(Trading details July 2015 - Mar 1 2016)

25. 25TSX:NMI
$400
$800
$1,200
$1,600
$2,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
GoldSpot(inAUD$)
Historical Gold Price (in AUD$)
Appendix: Gold has remained strong in AUD terms
Source: FactSet, Bloomberg, company disclosure, available equity research
Current Spot Gold:
AUD$1,716/oz
(March 1, 2016)

26. 26TSX:NMI
Appendix: Mineral Resources (Dec 31. 2015)
Source: Newmarket Gold March 21, 2016 press release announcing 2015 year-end mineral reserves and mineral resources
Note: Mineral Resources are inclusive of Mineral Reserves. Mineral Resources have been rounded to 1,000 tonnes, 0.01 g/t Au and 1,000 ounces. Minor discrepancies in summation may occur due to
rounding. Mineral Resources are stated as of Dec 31, 2015. Gold Price A$ 1,500/oz used.
Measured Tonnes (kt) Gold Grade (g/t) Oz Gold (kOz)
Fosterville UG 2,086 3.25 218
Fosterville Tailings 571 7.83 144
Cosmo 1,650 3.63 193
Stawell UG 56 2.56 5
Maud Creek 1,067 5.59 192
Total Measured 5,430 4.29 752
Indicated Tonnes (kt) Gold Grade (g/t) Oz Gold (kOz)
Fosterville UG 12,950 4.57 1,904
Cosmo 2,987 2.99 288
Stawell UG 669 3.49 75
Stawell Op 3,394 1.52 166
Burnside 7,358 1.36 322
Union Reefs 3,579 2.38 273
Pine Creek 8,393 1.41 379
Maud Creek 5,426 3.04 532
Total Indicated 44,756 2.74 3,939
Total (M&I only) 50,193 2.91 4,691
Inferred Tonnes (kt) Gold Grade (g/t) Oz Gold (kOz)
Fosterville UGa 5,073 4.08 665
CosmoC 678 2.76 60
Stawell UGd 1118 3.24 116
Stawell Opf 46 1.15 2
Burnsideg 6,820 1.46 321
Union Reefsh 3,342 2.3 247
Pine Creeki 2,540 2.34 191
Maud Creeke 1,980 2.32 149
Total Inferred 21,597 2.52 1,751

27. 27TSX:NMI
Classification Structure
Measured Indicated Inferred
Tonnes Grade In situ Gold Tonnes Grade In situ Gold Tonnes Grade In situ Gold
(kt) g/t Au (kOz) (kt) g/t Au (kOz) (kt) g/t Au (kOz)
Allwood* Lower Phoenix 5 5.59 1 110 6.30 22 170 6.48 36
Eagle* Lower Phoenix 23 16.76 12 178 10.97 63 43 27.21 37
East Dippers* Lower Phoenix 1 6.85 0 544 9.79 166 27 16.12 14
Ellesmere - - - 331 5.73 61 20 3.39 2
Harrier - - - 48 3.96 6 25 3.62 3
Kestrel 6 6.69 1 960 4.70 145 175 5.13 29
Lower Phoenix* Lower Phoenix 64 7.68 16 495 8.75 139 - - -
Lower Phoenix* FW Lower Phoenix 37 10.38 12 278 8.16 73 34 4.89 5
Phoenix* Phoenix 151 7.58 37 627 6.54 132 59 4.89 9
Raven - - - 119 8.12 31 - - -
Robin - - - 68 8.39 18 - - -
Splays - - - 912 5.74 169 298 3.98 38
Vulture - - - 517 5.04 84 635 4.56 93
Stockpile# 27 4.65 4 - - - - - -
Total Sulphide 315 8.29 84 5,188 6.65 1,109 1,488 5.58 267
Notes:
*Fosterville’s underground Measured and Indicated Mineral Resources include resources in the existing mining fronts in the Phoenix and Lower Phoenix gold system of 673,000 ounces grading 8.33 g/t Au.
For the Mineral Resource estimate, the Qualified Person is Troy Fuller, MAIG, Geology Manager for Newmarket
The Mineral Resources reported are inclusive of the Mineral Reserves for the same area.
Lower cut-off grade of 3.0 g/t is applied to Lower Sulphide Mineral Resources below 5050mRL.
Mineral Resources are rounded to 1,000 tonnes, 0.01 g/t Au and 1,000 ounces. Minor discrepancies in summation may occur due to rounding.
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
The Mineral Resource estimate used a gold price of A$1,500 per ounce.
#Stockpile Inventory includes Lower Central Area Mineral Resources contained within the Run of Mine Stockpile and Coarse Ore Stockpile as at 31st December 2015
Appendix: Mineral Resources (Dec 31. 2015)
Fosterville Central Area Lower Sulphide Mineral Resources (Inclusive of Mineral Reserves) below 5050mRL – as at Dec. 31, 2015

28. 28TSX:NMI
Appendix: Mineral Reserves (Dec 31. 2015)
2P Reserves Tonnes (Mt) Grade Au (g/t) Au (kozs)
Fosterville (Under Ground) 1.09 6.95 244
Fosterville (Tailings) 0.57 7.83 144
Cosmo 0.93 3.38 101
Stawell (Under Ground) 0.35 2.45 28
Stawell (Open Pit) Big Hill 3.12 1.36 138
Union Reefs (Under Ground) 0.27 4.42 39
Union Reefs (Open Pit) 0.24 1.61 12
Pine Creek 1.3 1.55 62
Total Proven & Probably Reserves 7.8 3.05 769
Source: Newmarket Gold March 21, 2016 press release announcing 2015 year-end mineral reserves and mineral resources
Note: Mineral Resources have been rounded to 1,000 tonnes, 0.01 g/t Au and 1,000 ounces. Minor discrepancies in summation may occur due to rounding. Mineral Reserves have demonstrated economic viability. Processing Recoveries
range between 88% and 93%, excluding Fosterville Tailings which expects recoveries of 25% (see reports for details). Mining Recoveries range from 85% and 95% (see reports for details). Gold Price of $A1,450/Oz used. Mineral Reserves
as of December 31, 2015. Mining Dilution ranges from 5% to 20% (see reports for details).

29. 29TSX:NMI
Appendix: Fosterville Mine New Discoveries
 Eagle Fault, highlight intercepts include;
386 g/t Au (1) over 9.15 m (ETW 3.35 m)
in hole UDH1238 (Including 5,283 g/t
Au(1) over 0.6 m), 268 g/t Au (1) over 7.85
m (ETW 2.77 m) in hole UDH1255
(Including 5,276 g/t Au(1) over 0.35 m)
and 73.15 g/t Au (1) over 8.7 m (ETW 7.78
m) in hole UDH1240A. Visible Gold has
also been observed in the upper parts of
Eagle zone in underground exposures.
 Lower Phoenix Footwall, intercepted
77.87 g/t Au(1) over 6.3 m (ETW 4.33 m)
in hole UDH1219A
 East Dipping Fault, intercepted 246 g/t Au
(1) over 0.90 m
(ETW 0.81 m) in hole UDH1298 and 34.47
g/t Au over 5.1 m (ETW 4.09 m) in hole
UDH1294
 Kestrel structure returned 5.37 g/t Au
over 9.75 m (ETW 5.12 m) in hole
UDH1274 and 6.16 g/t Au over 11.05 m
(ETW 5.12 m) in hole UDH1122
(1) Visible gold present in drill intercept, ETW - Estimated True Width, for further information on drill results see Newmarket Gold’s press releases dated July 27, 2015 and September 14,
2015 located at www.newmarketgoldinc.com

30. 30TSX:NMI
Appendix: Fosterville Mine (Eagle Zone - Visible Gold)

31. 31TSX:NMI
Appendix: Cosmo Mine Western Lodes
 A number of drill holes have now
penetrated the Western Lodes Target.
 Drill results for the Cosmo Western Lodes
which are outside of the current mine plan
include 7.42 g/t gold over 4.3 m (estimated
true width 2.85 m) and 6.59 g/t gold over
6.4 m (estimate true width 1.65 m).
 Work continues to fully define the
potential of the Western Lodes
 Target is located only 160 m from current
development and has the potential to
increase resources at Cosmo and expand
the current mine plan to alternative mining
areas.
Note: For further information on drill results see Newmarket Gold’s press
release dated July 22, 2015 located at www.newmarketgoldinc.com

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Appendix: Cosmo Mine Sliver Lode & Deeps
 Development of the Sliver Lode at the Cosmo Mine with additional high grade results including: 14.79 g/t Au over 11.4 m (ETW 11.4 m) in
hole CE67518 and 14.07g/t Au over 6.0 m (ETW 5.83 m) in hole CE67522.
 Down plunge drilling in the footwall area of the Cosmo deposit, the Cosmo Deeps drill program has identified mineralization approximately
200 m down-plunge from the current base of Mineral Resources at Cosmo. The Cosmo Deeps drilling program was successful and include
intercepts such as 5.85 g/t Au over 5.70 m (ETW 4.2 m) in hole CE84099 and 3.09 g/t Au over 6.4 m (ETW 5.0 m) in hole CE840100.
 The very encouraging Cosmo Deeps and Sliver drill results have identified an opportunity to drill the down plunge potential of these targets
from surface. This program is expected to commence in late 2015 and will cover 2,000 m of drilling to allow for future infrastructure
planning for the mine. This drilling is planned to intersect the mineralization around 100 m down plunge from recent Sliver Lode drilling
results as well as around 80 m above the intercept in drill hole CE840100. This program has the potential to add significant mineralization
extension to the Cosmo deposit.
Note: For further information on drill results see Newmarket Gold’s press release dated September 21, 2015 located at www.newmarketgoldinc.com
Cosmo Deeps

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Appendix: Stawell Aurora B East Flank
 New discovery of Aurora B East Flank
mineralization is a significant event in
the long history of the Stawell mine.
 West Flank at Stawell has produced
2.3 million oz gold whereas the East
Flank, where the Aurora B discovery
has been made has no recorded
production.
 Drilling on the Aurora B discovery
returned high-grade intercepts
containing visible gold including: 7.06
g/t gold over 17.80 m (estimate true
width 8.3 m).
 Additional drilling on this new
discovery is on-going.
Note: For further information on drill results see Newmarket Gold’s press release dated July 22, 2015 located at www.newmarketgoldinc.com

34. 34TSX:NMI
Fosterville Mine Gravity Circuit Addition
The company has now committed to installing a 10 tonnes per hour gravity circuit (Knelson Concentrator) within the secondary (‘Regrind’) grinding circuit
(Figure 5) at a cost of US$0.4 million with the installation expected to commence in early 2016 and be operational by the end of Q2 2016.

35. 35TSX:NMI
Appendix: Non-IFRS and Additional Information
Non-IFRS Measures
Newmarket Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should not be
considered in isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards.
“Operational Cash Costs per Ounce” is a non-IFRS performance measure which could provide an indication of the mining and processing efficiency at the operations.
The Company calculates operating cash costs per ounce by deducting silver sales revenue as a by-product from operating expenses per the consolidated statement of
operations, then dividing by the gold ounces sold during the applicable period. Operating expenses include mine site operating costs such as mining, processing and
administration as well as royalties, however excludes depletion and depreciation, share-based payments and rehabilitation costs. There are variations in the method of
computation of “operational cash costs per ounce” as determined by the Company compared with other mining companies. For more detail on the operational cash costs per
ounce determination for Crocodile Gold, please visit www.sedar.com or www.newmarketgoldinc.com and review the latest Annual Financial Statements issued on March 19,
2014.
“All-In Sustaining Costs per Ounce of Gold (“AISC”) Effective December 31, 2013, the Company has adopted an all-in sustaining cost (“AISC”) performance measure that reflects
all of the expenditures that are required to produce an ounce of gold from current operations. While there is no standardized meaning of the measure across the industry, the
Company’s definition conforms to the AISC definition as set out by the World Gold Council in its guidance dated June 27, 2013. The World Gold Council is a non-regulatory, non-
profit organization established in 1987 whose members include global senior mining companies. The Company believes that this measure will be useful to external users in
assessing operating performance and the ability to generate free cash flow from current operations. The Company defines AISC as the sum of operating cash costs (per above),
sustaining capital (capital required to maintain current operations at existing levels), capital lease repayments, corporate general and administrative expenses, mine exploration
within the known resources and rehabilitation accretion and amortization related to current operations. AISC excludes capital expenditures for significant improvements at
existing operations deemed to be expansionary in nature, exploration and evaluation related to growth projects, rehabilitation accretion and amortization not related to current
operations, financing costs, debt repayments, share-based compensation not related to operations, and taxes.
Additional Information
Notes for Page 25: For information regarding mineral resource and reserve estimates, including parameters used to generate the estimates and depletion, please see the
technical reports titled: NI43-101 TECHNICAL REPORT FOSTERVILLE GOLD MINE, VICTORIA, AUSTRALIA PREPARED FOR NEWMARKET GOLD INC dated March 21, 2016 and;
NI43-101 TECHNICAL REPORT – BIG HILL ENHANCED DEVELOPMENT PROJECT AT STAWELL GOLD MINE MINERAL RESOURCES & RESERVES PREPARED FOR CROCODILE GOLD
CORP dated June 6, 2014. For the Northern Territory Mineral Reserve Estimates please refer to the technical reports titled: REPORT ON THE MINERAL RESOURCES & MINERAL
RESERVES OF THE COSMO DEEPS GOLD PROJECT dated March 21, 2016; NI 43-101 TECHNICAL REPORT STAWELL GOLD MINE, VICTORIA, AUSTRALIA PREPARED FOR
NEWMARKET GOLD INC dated March 21, 2016; REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE UNION REEFS GOLD PROJECT dated December 31, 2012;
REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE PINE CREEK GOLD PROJECT dated December 31, 2012; REPORT ON THE MINERAL RESOURCES & MINERAL
RESERVES OF THE MAUD CREEK GOLD PROJECT dated December 31, 2012 and;
REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE BURNSIDE GOLD AND BASE METAL PROJECT dated December 12, 2013.
Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Qualified Person
Mark Edwards, MAusIMM (CP), MAIG, General Manager, Exploration, Newmarket Gold, is a "qualified person" as such term is defined in National Instrument 43-101 and has
reviewed and approved the technical information and data included in this presentation.