Newmarket presentation

1. TSX:NMI
February 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
SUSTAINABLE PRODUCER WITH A STRATEGY FOR LONG-TERM GROWTH
RECORD 222,671 oz
FLAGSHIP
FOSTERVILLE GOLD
MINE
CASH $36.5M (US)
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
DOWN
OPERATING CASH COSTS $US 704/oz
ALL-IN SUSTAINING COSTS $US 987/oz
Gold Mines
ROBUST AUD$ GOLD PRICE

4. 4TSX:NMI
NEWMARKET GOLD ADVANTAGE
SUPERIOR INVESTMENT
OPPORTUNITY
PEOPLE
Track record of superior value
creation
Board and management
aligned with shareholders
($12M invested 10% equity
ownership)
Experienced management
team
Demonstrated operations
excellence
OPERATIONS
Three gold mines in Australia,
over 220,000 ounces annual
production
Strong cash position
(US$36.5M1), record low
operating cash costs and AISC,
prudent capital allocation
Delivering on guidance, focus
on free cash flow and growth
Robust AUD$ denominated
gold price
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
growth and resource
expansion
Deep capital markets
relationships, patiently
targeting accretive
production opportunities
1. As at December 31 2015

5. 5TSX:NMI
 Low G&A on a per oz basis:
currently US$27/oz vs peers at US$56/oz
 Strong share ownership: C$12
million currently invested (10% issued and
outstanding)
 Aligned PSU Vesting Plan based
on share price performance:
 1/3 vest when the price of Newmarket is C$2.25
or greater
 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
Advisors
Ian Telfer Capital Markets
Michael Vitton Capital Markets
Mike Vint Technical Advisor
The founders have created over $30 billion in
market cap value
ALIGNED WITH
SHAREHOLDERS

6. 6TSX: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 871,000 ozs @ 3.5 g/t1
1. See slide 26 for details on Mineral Resource and Reserve details 2. see Non-IFRS Disclosure p.33
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 sustainingcosts2: 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 160,000 ozs @ 1.68 g/t1
Producing Mine
Development Project
Mine site Discovery

7. 7TSX:NMI
STRONG FINANCIAL POSITION
Cash Balance($M)1 US$36.5
Working Capital (incl. Cash)($M)1 US$23
Convertible Debt ($M)2 US$23.5
TSX:NMI OTCQX: NMKTF
1. As at December 31, 2015 2. $23.5M of 8% convertible unsecured debentures due April 30, 2018 and convertible at ~C$1.02/share for up to 33.9 million shares of Newmarket 3. Excludes 11,438,820
warrants which have a strike price of $9.16. 4. 4.2 Million warrants at $1.63 expiring on Feb 27, 2016 and 992,000 broker warrants at $1.25 expiring on January 10, 2017
Balance Sheet
Issued and Outstanding (M) 135.9
Options (M) 11.4
Performance Share Units (M) 3.7
Warrants3,4 5.2
Fully Diluted (Excluding Debenture) (M) 156.3
Luxor Capital Group LP 39%
Management/Board (basic) 10%
Capital Structure & Ownership
Average Daily Volume
90 day 420,000
CASH
$36.5 Million
Convertible Debt
$23.5 Million
$67.5
$74.2
$94.9
$126.3
$121.1
2013A 2014A 2015E 2016E 2017E
Source: 2013-2014Actuals, 2015E-2017E – Factset Consensus
Consensus Estimated Operating Cash Flow
(US$ Millions)

8. 8TSX:NMI
Newmarket - Key Investment Metrics
1. As at December 31, 2015, (all figures are in United States (“U.S.”) dollars, unless stated otherwise) 2. Financial information as at September 30, 2015 (Full year Financial States available March 4, 2016) 3. All
market data is as at Feb 10, 2016, production and cash flow based on 2016 consensus estimates. Source: public market information and company disclosure as at Feb 10, 2016
Record Full Year 2015A Production 222,671 oz1
Record operating cash costs $704/oz1
Record All-In Sustaining costs $987/oz1
Cash $36.5 Million1
Financial details below ending Sept 30, 2015
Revenue $199.6 Million2
Operating cash flow (up 34.8% year over year) $65.9 Million2
Net income $17.5 Million2
Earnings per share $0.142
Ev/oz production (2016E) $683/oz3
Ev/oz production (2016E) peer group $2,492/oz3
Price / 2016E CFPS (ratio) 1.9x3
Price / 2016E CFPS (ratio) peer group 5.7x3
U.S. Dollars unless stated otherwise

9. 9TSX:NMI
Opportunity Comparison
Production (2016E Guidance)1 205,000-220,000/oz 70,000 - 180,000/oz
P/CF (2016E)2 1.9x 5.7x
EV/2016E Production2 $683/oz $2,131/oz
EV/Consensus 2016E EBITDA2 1.7x 5.1x
All in Sustaining Costs (“AISC”)3 US$987/oz US$1003/oz
Cash Costs US$704/oz US$707/oz
G&A Costs4 US$27/oz US$56/oz
Foreign Exchange 0.71 0.72
Reserve Life Index4 4.3 years 5.3 years
Newmarket Gold Canada, Abitibi
1. 2016 production guidance is the low to high range for peers and high end for Newmarket 2. All market data is as at Feb 10 2016; production and cash flow based on street estimates 3. AISC and cash costs are
most recently reported for 2015 YTD, See Non-IFRS Disclosures, All-In Sustaining Costs per Ounce (“AISC”) includes Corporate G&A, on page 33 of this presentation 4. Based on G&A, production and reserves as
at or for the year ended December 31, 2014
Newmarket Gold
Current Market Capitalization
Peer Group Avg
Current Market Capitalization
C$284 million
C$522 million
Newmarket Value Gap

10. 10TSX:NMI
Newmarket Gold/Lakeshore Gold Value Comp
Trading Multiples
NMI 2015 FY
Feb 5/16
LSG Takeout
Feb 5/16
Share / Offer price C$/sh $1.56 $1.71
FDITM Mkt Cap / Equity
Purchase Price US$M
$206 $682
FDITM EV1 US$M $158 $617
2015 Production koz Au 223 179
2015 Cash Costs US$/oz $704 $580
2015 AISC US$/oz $987 $870
Reserves Moz Au 0.9 0.8
Resources (inclusive) Moz Au 7.4 11.2
EV/ 2015 Production US$/oz $708 $3,446
EV/ Reserves US$/oz $169 $798
EV/ Resources US$/oz $21 $55
P / NAV 0.58x 1.38x
P / CF 2.00x 7.03x
1. Assumes convertible debenture is converted, Source: GMP Securities

11. 11TSX:NMI
Source: FactSet, Bloomberg, company disclosure, available equity research.
Averages exclude Newmarket.
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)
$683
$1,266
$1,644
$1,832
$2,333 $2,466 $2,607
$2,887
$3,095
$3,262
$3,532
Average:
$2,492
1.9x
2.8x
4.0x
4.4x 4.7x
5.9x 5.9x
6.7x
7.9x
8.9x 9.0x
Average:
5.7x
1.7x
2.1x
2.8x
3.9x
4.6x 4.9x 5.2x
6.1x
6.5x
7.1x
7.5x
Average:
5.1x

12. 12TSX:NMI
Proven Ability to Decrease Costs
 Operating cash costs have decreased 40%
since 2012 to 2015
 All-in sustaining costs have decreased 41%
since 2012 to 2015
 Ore grade and gold recoveries increasing
 2015A operating cash costs of US$704/oz and
AISC of US$987/oz, significantly below
guidance
 Management expects continued optimization
efforts to lead to further declines in operating
costs and AISC
All-in sustaining cash costs per oz1Operating cash costs per oz1
$1,236
$987 AISC
$950 –
$1,025
$905
$704
OCC
$650 –
$725
2014 2015 2016 Cost Guidance
Note: See Non-IFRS Disclosures, All-In Sustaining Costs per Ounce (“AISC”) includes Corporate General and Administrative Expenses on page 33 of this presentation.
 Prudent cost reductions continued and
focused on rationalizing staff, consumables
including cyanide, fuel & lubricants and
power
 2014 – 2015 (12 month) reductions
2015 Cost Reduction Programs
Fosterville AUD $30/oz
Cosmo AUD $50/oz
Stawell AUD $80/oz
US$

13. 13TSX:NMI
48,876
65,903
First 9M, 2014 First 9M, 2015
Operating Cash Flow
Strong Operating Cash Flows
 Newmarket generated operating cash
flow of $65.9M in the first 9M of 2015
a 34.8% increase vs the first 9M of
2014
Australian dollar Benefits
 AUD:USD averaged $0.90 in 2014
and is approximately $0.69 (as at Jan 20,
2016)
 Average realized gold price in the
first 9M of 2015 was US$1,164
versus US$1,292 during the same
period last year (Spot AUD
denominated Gold Price Currently
AUD$1,600)(as at Jan 20, 2016)
 Strong operating cash flow despite
an average realized gold price drop
of 14.8% from 2014 to 2015
Strong Operating Cash Flow Generation
US$ Millions
Note: See Non-IFRS Disclosures, All-In Sustaining Costs per Ounce (“AISC”) includes Corporate General and Administrative Expenses on page 33 of this presentation.

14. 14TSX:NMI
29,045 29,135 29,648 31,519
Q4/14 Q1/15 Q2/15 Q3/15 Q4/15
 Record 2015 production, grade and recoveries
 Grades have been increasing at depth at Lower Phoenix
 New high grade Eagle Fault discovery
 161g/t gold over 4.9m & 645g/t gold over 3.5m
 Lower Phoenix and Eagle Gold Zones have strong potential to
increase production profile
Newmarket’s Flagship Mine with Substantial Upside Potential
Operation Profile 2014A 2015A
2016
Guidance
Gold Production (kozs) 105.3 123.1 110-120
Gold grade (g/t) 4.56 6.11 n/a
Recovery (%) 86.4 88.5 n/a
Operating Cash Costs
(US$/oz)
$737 n/a $500-$575
AISC (US$/oz) $1,186 n/a1 n/a1
Production Profile
Fosterville Gold Mine (110,000 – 120,000 oz)
GoldProductionoz
32,793
1. 2016 Consolidated Company AISC guidance is US$950 – US$1,025/oz and operating cash cost guidance is US$650 – US$725/oz (see Non-IFRS Disclosure p.33)

15. 15TSX:NMI
Fosterville Mine (Longitudinal Projection)
Harrier Drill Drive

16. 16TSX:NMI
Legend
Drill Intercepts
Coloured by Gram-Metre
Mined Stopes Reserves Mineralization >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 (Eagle Gold Zone) (DRILLING ONGOING)
View looking North
West East
5.3 g/t Gold over 5.9m
Schematic Cross Section
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
100m extension –
total strike now
600m, open down
plunge
645 g/t Gold over 3.5m

17. 17TSX:NMI
20,112 20,612
17,073
12,672 12,898
Q4/14 Q1/15 Q2/15 Q3/15 Q4/15
 Optimization ongoing (grade, recovery, costs)
 Strong mineral potential at depth (Sliver and
Eastern Deep zones)
 New discovery - Western Lode gold zone (potential
to open a new mining front)
Newmarket’s Newest Producing Mine
Operation Profile 2014A 2015A
2016
Guidance
Gold Production
(kozs)
77.7 63.3 60-65
Gold grade (g/t) 3.14 2.99 n/a
Recovery (%) 88.9 90.7 n/a
Operating Cash Costs
(US$/oz)
$1,000 n/a $720-$795
AISC (US$/oz) $1,2631 n/a1 n/a1
Cosmo Gold Mine (60,000 – 65,000 oz)
Cosmo Gold Mine
GoldProductionoz
Production Profile
1. 2016 Consolidated Company AISC guidance is US$950 – US$1,025/oz and operating cash cost guidance is US$650 – US$725/oz (see Non-IFRS Disclosure p.33)

18. 18TSX:NMI
Cosmo Mine (Expansion Opportunity)
Cosmo’s drill intercepts and New Western Lodes
Highlight intercepts include:
 Western Lodes 7.42 g/t gold over 4.3m, 6.59 g/t gold over
6.4m (potential for identifying grades and widths amenable
for underground mining and in close proximity to existing
infrastructure)
 Cosmos Inner Dolerite 5.33 g/t gold over 7.54m
 Cosmos central internal metasediments 6.79 g/t gold over
6.15m
 18 drill holes completed on Western Lodes as of Dec 31/15
 Located only 160m away from current
development/infrastructure
 Potential to open new mining front on the Western limb
Drill results at Cosmo have identified resource expansion potential
Maud Creek Gold Deposit (Northern Territory)
(M&I mineral resource 871,000 ounces grading 3.50g/t gold located
110km from the union reef mill)1
Phase I Preliminary Economic Assessment - Q1/16
0 100
metres
1. See additionaldisclosurenoteson slide 26
Western
Lode
Target
Sliver
Target

19. 19TSX:NMI
Cosmo Mine (Expansion Opportunity at depth)
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
14.79 g/t gold over 11.4 m, 14.07 g/t gold over 6.4 m
The Cosmo Deeps drilling has identified
mineralization approximately 200 m down
plunge from the base of current resources

20. 20TSX:NMI
9,639 9,929
9,277
8,352 8,762
Q4/14 Q1/15 Q2/15 Q3/15 Q4/15
 Near surface, open pit projects: Big Hill, Brummigans
 New discovery at Aurora B target
 6 drill holes completed on Aurora B as of Dec 31/15
 Aurora B gold zone currently traced 140m along strike
and 140m down dip (open for expansion)
 Highlight intercept: 17.80 metres @ 7.06 g/t gold
A Mature Operation with Potential to Extend Mine Life
Operation Profile 2014A 2015A
2016
Guidance
Gold Production (kozs) 39.1 36.3 ~35,000
Gold grade (g/t) 1.67 1.56 n/a
Recovery (%) 78.8 80.8 n/a
Operating Cash Costs
(US$/oz)
$1,151 n/a $900-$975
AISC (US$/oz) $1,1931 n/a1 n/a1
Stawell Gold Mine (Approximately 35,000 oz)
GoldProductionoz
Production Profile
1. 2016 Consolidated Company AISC guidance is US$950 – US$1,025/oz and operating cash cost guidance is US$650 – US$725/oz (see Non-IFRS Disclosure p.33)

21. 21TSX:NMI
Stawell Mine Exploration (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)

22. 22TSX:NMI
PEOPLE
Founders have created over $30 billion of shareholder value
Shareholder alignment C$12M invested, 10% 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$36.5M) 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

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. 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

25. 25TSX:NMI
Analyst Coverage1 and Liquidity Since July
Firm GMP Securities Anonymous R. James TD Securities RBC Capital CIBC Canaccord Cormark Scotia
Shares
Traded
9.8 Million 7.0 Million 4.4 Million 5.1 Million 2.6 Million 2.6 Million 1.8 Million 1.1 Million 1.5 Million
Total shares traded 48.1 Million
90 Day Avg Volume 420,000 (as of Jan 15 2016)
Broker
Date
2015
Target
Price
Target
Rating
FY15E
Production
Oz (000’s)
FY15E
Cash Costs
FY15E
AISC
CAPEX NAV
Beacon Securities Nov 10 $2.75 Buy _ $704 $1,139 $29.5 $336
Cormark Securities Nov 23 $1.85 Buy 220 $710 $1,017 _ $316
GMP Oct 27 $2.60 Buy 234 $680 _ $55 $351
Laurentian Bank Dec 11 $2.00 Buy 222 $697 $948
Raymond James Nov 27 $2.20 Buy 222 $709 $1,012 $58 $360
RBC Capital Nov 9 $2.00 Buy 229 $696 $991 $58 $391
Rodman & Renshaw Dec 8 $3.00 Buy 217 $725 $995 $47 _
PI Financials Jan 13/16 $2.65 Buy 225.8 $699 $944 $60.1 $360
Average $2.38 Buy
1. Factset consensusDec 21, 2015

26. 26TSX:NMI
0.20
0.40
0.60
0.80
1.00
1.20
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015
AUD/USD
GoldPrice($/oz)
Gold (US$/oz) (LHS) Gold (A$/oz) (LHS) AUD / USD (RHS)
Appendix: Australian Gold Producers - Increasing
disconnect from AUD to USD gold price leaves Australian producers in stronger position
comparatively…
Source: RBC CapitalMarkets September 30, 2015

27. 27TSX: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$1,590/oz
(Jan 4, 2016)

28. 28TSX:NMI
Appendix: Mineral Reserves and Resources
Inferred Resources Tonnes (Mt) Grade Au (g/t) Au (kozs)
Fosterville 5.8 3.72 699
Cosmo 1.0 2.72 84
Stawell 0.8 3.07 77
Burnside 6.9 1.47 323
Maud Creek 4.2 2.55 344
Union Reefs 4.3 2.23 305
Pine Creek 2.5 2.34 191
Inferred Resources 31.3 2.48 2,024
M&I Resources (incl.) Tonnes (Mt) Grade Au (g/t) Au (kozs)
Fosterville 16.6 4.18 2,151
Cosmo 5.0 3.35 539
Stawell 4.2 1.80 243
Burnside 7.5 1.38 335
Maud Creek 7.7 3.50 871
Union Reefs 3.0 2.43 236
Pine Creek 8.4 1.41 379
M&I Resources(incl.) 52.5 2.82 4,754
Source: Crocodile Gold March 31, 2015 press release announcing 2014 year-end mineral reserves and mineral resources
2P Reserves Tonnes (Mt) Grade Au (g/t) Au (kozs)
Fosterville (Under Ground) 1.02 5.55 182
Fosterville (CIL Residues) 0.4 8.89 126
Cosmo 1.3 3.57 148
Stawell 0.8 2.80 36
Big Hill 2.9 1.54 145
Burnside 0.2 1.93 10
Maud Creek 1.1 5.40 184
Union Reefs 0.3 4.40 42
Pine Creek 1.3 1.55 62
2P Reserves 9.2 3.15 935

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 - EstimatedTrue Width, for further informationon drill resultssee NewmarketGold’s press releases dated July 27, 2015 and September 14,
2015 locatedat 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 informationon drill results see NewmarketGold’s press
release dated July 22, 2015 locatedat www.newmarketgoldinc.com

32. 32TSX:NMI
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 informationon drill results see NewmarketGold’s press release datedSeptember 21, 2015 locatedat www.newmarketgoldinc.com
Cosmo Deeps

33. 33TSX:NMI
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 informationon drill results see NewmarketGold’s press release datedJuly 22, 2015 locatedat 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 millionwith 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-IFRSMeasures
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 isolationor as a substitutefor measuresof performancein accordancewith the InternationalFinancialReporting Standards.
“Operational Cash Costs per Ounce” is a non-IFRSperformancemeasurewhich could providean indication of the mining and processing efficiencyat 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, financingcosts, debt repayments, share-basedcompensation not related to operations, and taxes.
Additional Information
Notes for Page 26: 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 CROCODILE GOLD CORP dated March 31, 2015 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 31, 2015; NI 43-101 TECHNICAL REPORT STAWELL GOLD MINE, VICTORIA, AUSTRALIA PREPARED FOR CROCODILE
GOLD CORP dated March 31, 2015; 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 datedDecember 12, 2013.
Mineral resourcesthat are not mineral reserves do not have demonstrated economicviability.
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 technicalinformationand data included in this presentation.