Newmarket Gold Inc - Corporate Presentation

TSX:NMI

December 2015

Exceptional Team, Solid Production,Significant Valuation Upside

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Forward-looking StatementsCertain information set forth in this presentation contains “forward-looking statements”, and “forward-lookinginformation under applicable securities laws. Except for statements of historical fact, certain information containedherein constitutes forward-looking statements, which include the Company’s expectations about its business andoperations, and are based on the Company’s current internal expectations, estimates, projections, assumptions andbeliefs, 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 notguarantees of future performance or outcomes and undue reliance should not be placed on them. Forward-lookingstatements are based on the opinions and estimates of management as of the date such statements are made and theyare subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level ofactivity, performance or achievements of the Company to be materially different from those expressed or implied bysuch forward-looking statements or forward-looking information. Although management of the Company hasattempted to identify important factors that could cause actual results to differ materially from those contained inforward-looking statements or forward-looking information, there may be other factors that cause results not to be asanticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actualresults and future events could differ materially from those anticipated in such statements. Accordingly, readers shouldnot place undue reliance on forward-looking statements and forward-looking information. The Company does notundertake to update any forward-looking statements or forward-looking information that are included in thispresentation or incorporated by reference herein, except in accordance with applicable securities laws.

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Newmarket Gold AdvantageExperienced Management Team Proven capital markets expertise with a track record of superior value creation

Demonstrated operations excellence

Board and Management aligned with shareholders (C$12 Million invested 10% equity ownership)

Strong Operating Assets (Recent Discovery Success)

Three producing gold mines in Australia with solid operating cash flow

Sustainable gold production, more than 200,000 ounces annually

Record year to date production of 169,461 ounces

Record year to date low cash costs and All-In Sustaining Costs

Record Q3, 2015 production, grade and recoveries at the Flagship Fosterville operation

Three new mine site discoveries (Fosterville, Cosmo & Stawell)

Increased potential for organic growth and resource expansion

Trend to higher consolidated grades and recoveries

Robust AUD$ Denominated Gold Price Gold now trading between $1,500/oz – $1,600/oz

Execution of a Gold Focused Consolidation Strategy Growth through accretive acquisitions

Companies trading at low valuation multiples

Newmarket’s vision is to become the next

intermediate gold producer with

annual production of 400-500kozs

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Capitalization and Ownership

Cash Balance ($M)1 US$37.2

Working Capital (incl. Cash)($M)1 US$22.5

Convertible Debt ($M)2 C$34.5

TSX:NMI OTCQX: NMKTF

1. As at September 30, 2015 2. C$34.5M 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

Raymond Threlkeld Chairman

Douglas Forster President, CEO & Director

Blayne Johnson Executive VP, Director

Lukas Lundin Director

Randall Oliphant Director

Doug Hurst VP Corporate Development

Robert Dufour Chief Financial Officer

Robert Getz Director

Kevin Conboy Director

Edward Farrauto Director

Balance SheetFounders, Board & Senior Management

AdvisorsIan Telfer Capital Markets

Michael Vitton Capital Markets

Mike Vint Technical Advisor

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

The founders have created over $30 billion in market cap value

Average Daily Volume60 day 435,000

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Aligned with shareholders

Maintain low G&A on a per oz basis: currently US$27/oz vs peers at US$85/oz

Strong share ownership:

C$12 million currently invested

10% basic I/O

Industry Accepted PSU Vesting Plan:

Can acquire up to 3% of the issued and outstanding shares

○ 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

Newmarket Team Aligned With Shareholders

If share price thresholds not met, PSUs expire worthless after 3 years

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Newmarket - Key Investment Metrics

1. (All figures are in United States (“U.S.”) dollars, unless stated otherwise) 2. All market data is as at Nov 26, 2015, production and cash flow based on 2015 consensus estimates. Source: public market information and company disclosure as at Nov 26, 2015

First Nine Months YTD 2015 – Ending September 30, 20151

Record Nine Months Production ending Sept 30, 2015 169,491 oz

Operating cash costs $693/oz

All-In Sustaining costs $984/oz

Revenue $199.6 Million

Operating cash flow (up 34.8% year over year) $65.9 Million

Net income $17.5 Million

Earnings per share $0.14

Cash $37.2 Million

Ev/oz production (2015E) $649/oz2

Ev/oz production (2015E) peer group $2,154/oz2

Price / 2015E CFPS (ratio) 2.1x2

Price / 2015E CFPS (ratio) peer group 5.8x2

U.S. Dollars unless stated otherwise

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Australia: World’s 2nd Largest Gold Producer

Australia recognized as a stable and low risk jurisdiction with access to infrastructure and skills

3 low cost underground gold mines operated by Newmarket

3,500km2 of prospective and undeveloped landholdings

100% owned development opportunities; Maud Creek, Big Hill and Esmeralda

S

Mill

Maud Creek Gold Project

Esmeralda Gold Project

Big Hill Gold Project

REVISED 2015 Consolidated Guidance

Production: Reaffirming 2015 Top-End Guidance

Approximately 220,000 ounces

Cash Cost: Lowering US$700 - US$750 per ounce

AISC: Lowering US$970 - US$1,020 per ounce

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Q3 2015 Operating Results Summary

Operating Results Q3 2015 Q3 2014 YTD 2015

Consolidated Gold Produced (oz) 53,817 55,909 169,491

Consolidated Gold Grades (g/t) 3.32 3.14 3.40

Consolidated Recoveries (%) 86.5 86.0 87.1

Fosterville Gold Mine

Record Mill grade (g/t) 6.42

Record Gold Recovery (%) 89.7

Record Gold Produced (oz) 32,793

Fosterville

32,793 Fosterville

28,313

Cosmo12,672 Cosmo

17,942

Stawell8,352

Stawell9,654

0

10,000

20,000

30,000

40,000

50,000

60,000

Q3 2015 Q3 2014

53,817 oz

Gold Production (oz)

55,909 oz

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Continue Ability to Decrease Costs

Operating cash costs have decreased 41% since 2012

All-in sustaining costs have decreased 44% since 2012

Ore grade and gold recoveries increasing

YTD cash costs of US$693/oz and AISC of US$984/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 oz1

Operating cash costs per oz1

$1,236

AISC$970-$1,020

$985 $984

$905

OCC$700-$750

$682 $693

2014 2015 Cost Guidance H1 2015 2015 YTD

Note: See Non-IFRS Disclosures on page 34 of this presentation.

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Strong Operating Cash Flows

Newmarket generated operating cash flow of $65.9M year to date a 34.8% increase year over year

Australian dollar Benefits

AUD:USD averaged $0.90 in 2014 and is approximately $0.71

Average realized gold price year to date is US$1,164 versus US$1,292 during the same period last year (Spot AUD denominated Gold Price Currently AUD$1,490)

Strong operating cash flow despite an average realized gold price drop of 14.8% year over year

Strong Operating Cash Flow Generation

US$ M

Note: See Non-IFRS Disclosures on page 34 of this presentation.

48,876

65,903

YTD 2014 YTD 2015

Operating Cash Flow

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Opportunity Comparison

Production (2015 Guidance)1 ~220,000/oz 70,000 - 180,000/oz

P/CF (2015E)2 2.1x 4.9x

EV/2015E Production2 $649/oz $1,870/oz

EV/Consensus 2015E EBITDA2 1.6x 4.4x

All in Sustaining Costs (“AISC”)3 US$984/oz US$1,040/oz

Cash Costs US$693/oz US$705/oz

G&A Costs4 US$27/oz US$85/oz

Foreign Exchange 0.72 0.75

Reserve Life Index4 4.3 years 5.3 years

Newmarket Gold Canada, Abitibi(Kirkland, Lake Shore,

Richmont and Black Fox)

(Fosterville, Cosmo, Stawell)

1. 2015 production guidance is the low to high range for peers and high end for Newmarket 2. All market data is as at Nov 26 2015; production and cash flow based on street estimates 3. AISC and cash costs are as reported for the YTD 4. Based on G&A, production and reserves as at or for the year ended December 31, 2014

Newmarket GoldCurrent Market Capitalization

Peer Group AvgCurrent Market Capitalization

C$248 million

C$400 million

Newmarket Value Gap

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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

$649

$1,382

$1,760 $1,912 $2,012

$2,169 $2,382 $2,428 $2,517

$2,825

Average:

$2,154

2.1x

3.7x 3.9x 4.3x 4.3x 4.5x

5.1x

6.7x 7.6x

12.3x

Average:

5.8x

1.6x

3.8x 4.0x 4.4x 4.5x 4.6x 4.9x 5.0x 6.0x

11.2x

Average:

5.4x

EV / 2015E Prod. (US$/oz)

Price / Consensus 2015E CFPS (ratio) EV / Consensus 2015E EBITDA (ratio)

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29,045 29,135 29,648

Q4/14 Q1/15 Q2/15 Q3/15

Record Q3, 2015 production, grade and recoveries Grades have been increasing at depth at Lower Phoenix New high grade Eagle Fault discovery

9.15m @ 386 g/t Au & 7.85 m @ 268 g/t Au.

Lower Phoenix and Eagle Gold Zones have strong potential to increase production profile

Newmarket’s Flagship Mine with Substantial Upside Potential

Operation Profile 2014A 2015E YTD 2015

Gold Production (kozs) 105.3 115,000-120,000 91,576

Gold grade (g/t) 4.56 n/a 6.03

Recovery (%) 86.4% n/a 89.4%

Operating Cash Costs (US$/oz)

$737 $525-$575 $518

AISC (US$/oz) $1,186 n/a1 $861

Production Profile

1. Revised Consolidated Company AISC guidance is US$970 – US$1,020/oz and operating cash cost guidance is US$700 – US$750/oz for the year 2015 (see Non-IFRS Disclosure p.34)

Fosterville Mine

Go

ld P

rod

uct

ion

oz

(30ft @ 13.5 oz per ton & 25ft @ 9.5 oz per ton)

32,793

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Fosterville Mine (Longitudinal Projection)

4.4 g/t over 8.0 m

4.8 g/t over 5.3 m

4.7 g/t over 7.9 m

6.5 g/t over 6.0 m

2.5 g/t over 5.3 m

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Fosterville Mine (Eagle Zone – Record High Grade Gold Intercepts)

Drill results at the Phoenix system returned record high grade gold intercepts

g/t - mg/t - m

g/t - m

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20,112 20,612

17,073

12,672

Q4/14 Q1/15 Q2/15 Q3/15

Optimization ongoing (grade, recovery, costs)

Strong mineral potential at depth (Sliver and Easter Deep zones)

New discovery - Western Lode gold zone (potential to open a new mining front)

Newmarket’s Newest Producing Mine


Gold Production (kozs) 77.7 60,000-65,000 50,357


Recovery (%) 88.9% n/a 92.2%


$1,000 $875-$925 $878

AISC (US$/oz) $1,263 n/a1 $1,112

Cosmo MineCosmo Gold Mine

Gold

Pro

duction o

z

Production Profile


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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

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

Discovery

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 - Q1/160 100

metres1. See additional disclosure notes on slide 27

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Cosmo Mine (Expansion Opportunity at depth)

The Sliver Lode drilling is approximately 25 m from current underground development highlighting potential tonnes to be included in near term mine plan

The Cosmo Deeps drilling has identified mineralization approximately 200 m down plunge from the base of current resources

5.85g/t gold over 5.7 m

10.25 g/t gold over 2.8 mInc. 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

Sliver Lode

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9,639 9,9299,277

8,352

Q4/14 Q1/15 Q2/15 Q3/15

Near surface, open pit projects: Big Hill, Brummigans

New discovery at Aurora B target

Highlight intercept: 17.80 metres @ 7.06 g/t gold

A Mature Operation with Potential to Extend Mine Life


Gold Production (kozs) 39.1 ~35,000 27,559


Recovery (%) 78.8% n/a 81.1%


$1,151 $945-$995 $946

AISC (US$/oz) $1,193 n/a1 $1,038

Stawell Mine

Gold

Pro

duction o

z

Production Profile


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Stawell Mine Exploration (Expansion Opportunity)

Past Production of 2.3

Million ounces Gold

* Announced drill results July 22, 2015, September 21, 2015

Aurora A – Significant historic drill intercept includes: 13.7 g/t gold over 5.45 m

Aurora B – Significant new discovery: 7.06 g/t gold over 17.80 m, 8.03 g/t gold over 8.8 m, drilling on-going

East Flank (Aurora B) DISCOVERY* drill hole 7.06 g/t Gold over 17.80 metres

Brummigans

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PeopleProven management team $30 billion of value creationDemonstrated operational excellence

Assets

Significantly undervalued portfolio of well-established producing mines with a strong track record of cash flow generation

Increasing grade & gold recoveries, YTD 2015 consolidated operating cash costs of $693 and All-in Sustaining Costs of $984

Gold Focused Growth Strategy

Newmarket’s vision is to become the next quality intermediate gold producer with annual production of 400-500kozs

Insiders Aligned with

Shareholders

Newmarket Gold Advantage

C$12 million invested, 10% equity ownership PSU’s fully vest @ $3.75 (within 3 years or expire worthless)

DiscoveriesFosterville, Eagle Zone 9.15 m @ 386 g/t Au, 7.55m @ 159 g/t AuCosmo, Western Lodes 4.3 m @ 7.42 g/t Au, Sliver Lode 11.4 m @ 14.79 g/t Au Stawell, Aurora B 17.80 m @ 7.06 g/t Au, 8.80 m @ 8.03 g/t Au

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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

http://www.lucaradiamond.com/

http://www.lucaradiamond.com/

Douglas ForsterPresident & CEO, Director

T: 604-559-8040E: [email protected]

www.newmarketgoldinc.com

Contact Us

Ryan KingVice President, Corporate Communications


Laura LeporeDirector, Investor Relations


TSX:NMI

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TSX:NMI Analyst Coverage and Liquidity Since July

Firm GMP Securities Anonymous R. James TD Securities RBC Capital CIBC Canaccord Cormark Scotia

Shares Traded

9.6 Million 6.2 Million 4.2 Million 4.6 Million 2.3 Million 2.3 Million 1.8 Million 1.0 Million 1.2 Million

Analyst Coverage by:

RBC Capital Markets (Stephen Walker)

GMP Securities (George Albino)

Raymond James (Chris Thompson)

Laurentian Bank (Pierre Vaillancourt)

Cormark Securities (Kyle McPhee)

Beacon Securities (Michael Curran)

Total shares traded 43.9 Million60 Day Avg Volume 435,000 (as of Nov 25 2015)

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Appendix: Australian Gold Producers - Increasing

disconnect from AUD to USD gold price leaves Australian producers in stronger position comparatively…

0.20

0.40

0.60

0.80

1.00

1.20

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Sep 2015

AU

D / U

SD

Go

ld P

rice (

$/o

z)

Gold (US$/oz) (LHS) Gold (A$/oz) (LHS) AUD / USD (RHS)

Source: RBC Capital Markets September 30, 2015

USD Gold Price vs. AUD Gold Price and FX

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$400

$800

$1,200

$1,600

$2,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Go

ld S

po

t (i

n A

UD

$)

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$1,470/oz(Nov 25, 2015)

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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 4.03 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


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) 1,017 5.55 182

Fosterville (CIL Residues) 441 8.89 126

Cosmo 4.2 3.57 148

Stawell 0.8 1.50 181

Burnside 0.2 1.93 10

Maud Creek 1.1 5.40 184


Pine Creek 1.3 1.55 62

2P Reserves 9.2 3.15 935

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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

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Appendix: Fosterville Mine (Eagle Zone - Visible Gold)

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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

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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.

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Appendix: Non-IFRS and Additional InformationNon-IFRS MeasuresNewmarket Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should not beconsidered in isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards.“OperationalCash Costs perOunce” 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 ofoperations, then dividing by the gold ounces sold during the applicable period. Operating expenses include mine site operating costs such as mining, processing andadministration as well as royalties, however excludes depletion and depreciation, share-based payments and rehabilitation costs. There are variations in the method ofcomputation of “operational cash costs per ounce” as determined by the Company compared with other mining companies. For more detail on the operational cash costs perounce 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 reflectsall 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, theCompany’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 inassessing 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 explorationwithin the known resources and rehabilitation accretion and amortization related to current operations. AISC excludes capital expenditures for significant improvements atexisting operations deemed to be expansionary in nature, exploration and evaluation related to growth projects, rehabilitation accretion and amortization not related to currentoperations, financing costs, debt repayments, share-based compensation not related to operations, and taxes.

Additional InformationNotes for Page 27: For information regarding mineral resource and reserve estimates, including parameters used to generate the estimates and depletion, please see thetechnical 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 GOLDCORP dated June 6, 2014. For the Northern Territory Mineral Reserve Estimates please refer to the technical reports titled: REPORT ON THE MINERAL RESOURCES & MINERALRESERVES OF THE COSMO DEEPS GOLD PROJECT dated March 31, 2015; NI 43-101 TECHNICAL REPORT STAWELL GOLD MINE, VICTORIA, AUSTRALIA PREPARED FOR CROCODILEGOLD CORP dated March 31, 2015; REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE UNION REEFS GOLD PROJECT dated December 31, 2012; REPORT ONTHE MINERAL RESOURCES & MINERAL RESERVES OF THE PINE CREEK GOLD PROJECT dated December 31, 2012; REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OFTHE MAUD CREEK GOLD PROJECT dated December 31, 2012 and; REPORT ON THE MINERAL RESOURCES & MINERAL RESERVES OF THE BURNSIDE GOLD AND BASE METALPROJECT dated December 12, 2013.Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Qualified PersonMark Edwards, MAusIMM (CP), MAIG, General Manager, Exploration, Newmarket Gold, is a "qualified person" as such term is defined in National Instrument 43-101 and hasreviewed and approved the technical information and data included in this presentation.

http://www.sedar.com/

http://www.crocgold.com/

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Transcript of Newmarket Gold Inc - Corporate Presentation