2. 2
Forward Looking Statements
Certain informa?on set forth in this presenta?on contains āforward-looking statementsā, and āforward-looking informa?on under applicable securi?es
laws. Except for statements of historical fact, certain informa?on contained herein cons?tutes forward-looking statements, which include the
Companyās expecta?ons about its business and opera?ons, and are based on the Companyās current internal expecta?ons, es?mates, projec?ons,
assump?ons and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be iden?ļ¬ed by words such as āwillā,
āexpectsā, āan?cipatesā, ābelievesā, āprojectsā, āplansā, 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 es?mates of management as
of the date such statements are made and they are subject to known and unknown risks, uncertain?es and other factors that may cause the actual
results, level of ac?vity, performance or achievements of the Company to be materially diļ¬erent from those expressed or implied by such forward-
looking statements or forward-looking informa?on. Although management of the Company has aTempted to iden?fy important factors that could
cause actual results to diļ¬er materially from those contained in forward-looking statements or forward-looking informa?on, there may be other factors
that cause results not to be as an?cipated, es?mated or intended. There can be no assurance that such statements will prove to be accurate, as actual
results and future events could diļ¬er materially from those an?cipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking informa?on. The Company does not undertake to update any forward-looking statements or forward-
looking informa?on that are included in this presenta?on or incorporated by reference herein, except in accordance with applicable securi?es laws.
All amounts are presented in United States dollars ("$") unless otherwise stated. References in this document to āC$ā are to Canadian dollars and
references to "A$" are to Australian dollars.
Certain non-IFRS measures are included in this presenta?on, including opera?ng cash cost per ounce, all-in sustaining costs (āAISCā) per ounce, and
opera?ng cash cost per tonne milled in Australian dollars. In the gold mining industry, these are common performance measures but may not be
comparable to similar measures presented by other issuers. Newmarket Gold believes that these measures, in addi?on to that informa?on prepared in
accordance with IFRS, provides investors with useful informa?on to evaluate the Companyās performance and ability to generate cash ļ¬ow from its
opera?ons. Accordingly, it is intended to provide addi?onal informa?on and should not be considered in isola?on or as a subs?tute for measures of
performance prepared in accordance with IFRS. For further informa?on, refer to the āNon-IFRS Measuresā sec?on of the latest quarterly MD&A.
Qualiļ¬ed Person
Mark Edwards, MAusIMM (CP), MAIG, General Manager, Explora?on, Newmarket Gold, is a "qualiļ¬ed person" as such term is deļ¬ned in Na?onal
Instrument 43-101 and has reviewed and approved the technical informa?on and data included in this presenta?on
4. 4
Q2 2016 Strong Financial Posi?on
āāÆ Cash Posi?on of $69.9 million, an increase of
$17.8 million from Q1, 2015
āāÆ Reļ¬ec?ng Free Cash Flow of $17.4 million
during Q2 2016
āāÆ Working Capital of $56.3 million, up from $22.3
million at Q4 2015
āāÆ Essen?ally debt-free with only $2.8 million in
debt (majority is capital lease obliga?ons)
(All ļ¬gures are in United States (āU.S.ā) dollars, unless stated otherwise)
Cash Balance ($ million ) $69.9
Working Capital (incl. cash)($ million) $56.3
Debt ($ million) $2.8
TSX: NMI OTCQX: NMKTF
Balance Sheet (June 30th, 2016)
Issued and Outstanding (million) 177.7
Op?ons & PSUās (million) 13.2
Warrants 0.4
Fully Diluted (million) 191.3
Luxor Capital Group LP 19.3%
Eric SproT ~15%
Management/Board (basic) 7.4%
Capital Structure & Ownership (June 30th, 2016)
9. 9
Fosterville Gold Mine
Q2 2016 Highlights
ā¢āÆ Record gold produc?on of 37,245oz, up 26% over Q2 2015
ā¢āÆ Record mill grade of 7.50 g/t Au
ā¢āÆ Record mill recovery of 90.8%
ā¢āÆ Commissioned gravity circuit, recovering 17% of Q2 gold
ā¢āÆ Q2 2016 Opera?ng cash costs* of $440/oz & AISC* of $741/oz
ā¢āÆ Purchased a haul truck to replace an older, lower capacity,
higher cost unit and commiTed to 2 addi?onal replacements in
Q3 as part of a longer term ļ¬eet op?miza?on strategy
29,648
32,793
31,519
33,138
Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
*See Non-IFRS Disclosures, OperaQng Cash Costs per ounce and AISC per ounce reļ¬ect an average FX rate of $0.75
Commissioning of the Fosterville Gravity Circuit
(All ļ¬gures are in United States (āU.S.ā) dollars, unless stated otherwise)
37,245
2016 Goals
ā¢āÆ Con?nued investment in explora?on programs targe?ng
increasing mineral resources & reserves to extend mine life
ā¢āÆ Revised 2016 Produc?on Guidance: 130,000 ā 140,000 oz*
ā¢āÆ Revised 2016 Opera?ng Cash Costs: $450 - $525/ oz*
10. 10
Cosmo Gold Mine
17,073
12,672 12,898
16,340 15,442
Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
2016 Goals
ā¢āÆ Con?nue improving opera?ng performance
ā¢āÆ Focus on building resources and reserves including progressing
Western Lodes Hinge and Eastern Deeps discoveries
ā¢āÆ Progress Maud Creek feasibility tender process
ā¢āÆ Revised 2016 Produc?on Guidance ~60,000 oz
ā¢āÆ Revised 2016 Opera?ng Cash Cost Guidance $975 - $1,050 / oz*(1)
Q2 2016 Highlights
ā¢āÆ Gold produc?on of 15,442 oz
ā¢āÆ Record Q2 mill recovery of 94.2%
ā¢āÆ H1 gold produc?on 31,782 oz, a 24% increase over H2 2015 due to
higher grade, reļ¬ec?ng a combina?on of mine sequencing, and mill
recovery
Cosmo Access Portal
(All ļ¬gures are in United States (āU.S.ā) dollars, unless stated otherwise)* See Non-IFRS Disclosures, (1) OperaQng Cash Costs per ounce and AISC per ounce reļ¬ect an average FX rate of $0.75
11. 11
9,277
8,352 8,762 8,579 8,504
Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Stawell Gold Mine
2016 Goals
ā¢āÆ Con?nue to operate in a sustainable way
ā¢āÆ Advance Aurora B discovery, mineraliza?on remains open for
poten?al expansion, 2 drills in opera?on
ā¢āÆ Work with regulators to establish a path forward for Big Hill
ā¢āÆ Revised 2016 Produc?on Guidance ~35,000 ounces
ā¢āÆ Revised 2016 Opera?ng Cash Cost Guidance $1,050 - $1,125 *(1)
Q2 2016 Highlights
ā¢āÆ Gold produc?on of 8,504 ounces
ā¢āÆ 225,265 tonnes milled tonnes at an average grade of 1.48 g/t Au and
79.3% recovery
ā¢āÆ Con?nue to operate sustainably on streamlined opera?ng ac?vi?es
from the upper levels in the underground mine and supplemented
oxide stockpiles, with reduced manpower
ā¢āÆ 343 drill drive completed, two drill rigs opera?ng targe?ng Aurora B
gold discovery expansion
Stawell Gold Mine
(All ļ¬gures are in United States (āU.S.ā) dollars, unless stated otherwise)* See Non-IFRS Disclosures, (1) OperaQng Cash Costs per ounce and AISC per ounce reļ¬ect an average FX rate of $0.75
15. 15
Douglas Forster
President & CEO, Director
T: 604-559-8040
E: dforster@newmarketgoldinc.com
TSX: NMI
www.newmarketgoldinc.com
Contact Us
Ryan King
Vice President, Investor RelaBons
T: 778-998-3700
E: rking@newmarketgoldinc.com
18. 18
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 summaQon 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 DiluQon ranges from 5% to 20% (see reports for details).
AddiQonal InformaQon
Notes for Pages 24-26: For informaQon regarding mineral resource and reserve esQmates, including parameters used to generate the esQmates and depleQon, please see the technical reports Qtled:
NI43-101 TECHNICAL REPORT FOSTERVILLE GOLD MINE, VICTORIA, AUSTRALIA PREPARED FOR NEWMARKET GOLD INC dated March 21, 2016 and; NI43-101 TECHNICAL REPORT ā 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 EsQmates
please refer to the technical reports Qtled: 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;Technical Report Preliminary Economic Assessment of the Maud Creek Gold Project, Northern Territories, Australia dated May 18, 2016 and;
REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE BURNSIDE GOLD AND BASE METAL PROJECT dated December 12, 2013. All reports available on Sedar under the Newmarket Gold Inc.
proļ¬le or on www.newmarketgoldinc.com
Mineral resources that are not mineral reserves do not have demonstrated economic viability.
19. 19
Classiļ¬caBon 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:
*Fostervilleās underground Measured and Indicated Mineral Resources include resources in the exisBng mining fronts in the Phoenix and Lower Phoenix gold system of 673,000 ounces grading 8.33 g/t Au.
For the Mineral Resource esBmate, the Qualiļ¬ed 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-oļ¬ 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 summaBon may occur due to rounding.
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
The Mineral Resource esBmate 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 ā as at Dec. 31, 2015
23. 23
Non-IFRS and Addi?onal Informa?on
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.
āOperational Cash Costs per Ounceā 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 āoperational cash costs per ounceā as determined by the Company compared with other mining companies. For more detail on the operational cash costs
per ounce determination for Newmarket Gold, please visit www.sedar.com or www.newmarketgoldinc.com and review the latest Annual Financial Statements.
āAll-In Sustaining Costs per Ounce of Gold (āAISCā)ā Effective December 31, 2013, the Company has adopted an all-in sustaining cost (āAISCā) 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 Companyās 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, in-mine exploration expenses 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
For information regarding mineral resource and reserve estimates, including parameters used to generate the estimates and depletion, please see the technical reports
prepared in accordance with National Instrument 43-101 supporting the 2015 Mineral Reserve and Mineral Resource estimates. The reports are titled as follows: Report
on the Mineral Resources & Mineral Reserves of the Fosterville Gold Mine, Victoria, Australia, dated March 21, 2016 and effective December 31, 2015. Report on the
Mineral Resources & Mineral Reserves of the Northern Territory Operations in the Northern Territory, Australia, dated March 21, 2016 and effective December 31, 2015.
Report on the Mineral Resources & Mineral Reserves of the Stawell Gold Mine in the State of Victoria, Australia, dated March 21, 2016 and effective December 31,
2015. Technical Report Mineral Resources of the Maud Creek Gold Project, Northern Territory, Australia dated March 21, 2016 and effective December 31, 2015.