NuFortune Gold Corporate Profile

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Nu Fortune Gold Corporate Profile Prepared 14 October 2021 Presentation

Transcript of NuFortune Gold Corporate Profile

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Nu Fortune GoldCorporate Profile

Prepared14 October 2021

Presentation

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NUFORTUNE: CORPORATE PROFILE

Important InformationThis document is dated 14 October 2021 has been prepared by Nu Fortune Gold Limited (ACN 610 805 555) (the “Company") solely for the purpose of providing a summary of the activities and plans of the Company and its group of associated companies and may only be used for that purpose. This document does not purport to contain all the information that a prospective investormay require.

No Disclosure Required The purpose of this document is to provide background information relating to the business of the Company and does not purport to make any recommendation upon which you may reasonably rely without taking further and more specific advice. You should make your own decision whether to participate based on your own enquiries. Potential investors must make their ownindependent assessment and investigation of the opportunity and should not rely on any statement or the adequacy or accuracy of the information provided by the Company. This Offer is made to you on the basis that you are a sophisticated investor under section 708(8), an experienced investor under section 708(10) or a professional investor within the meaning of section 708(11) of the Corporations Act If you are a retail investor and have received this by mistake please delete this document and related emails and attachments.

No Responsibility for Contents of Document This document contains reference to certain accounting treatments, intentions, expectations and plans of the Company. It is important that the Recipient recognises that those accounting treatments, intentions, expectations and plans may or may not be supported by professional advice not yet received or otherwise be achieved. They are based on certain assumptions that may not be met or on which views may differ. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. While information in this document is based on sources considered reliable, the Company, its Directors, employees and representatives do not present, warrant or guarantee, either expressly orimpliedly, that the information contained in this document is complete.

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Important InformationNo GuaranteeThe Company, its Directors, employees and representatives, make no recommendation as to whether you should participate in the Offer nor do they make any recommendation or warranty to you concerning: the shares or accuracy, reliability or completeness of the information provided; or the performance of the Company, the repayment of capital; or any rate of return from the Company Past performance is not necessarily indicative of future performance nor is it a demonstrative guide to the future performance of the Company.

Forward-Looking Statements This document includes forward-looking statements that may contain the words “believe”, “intend”, “estimate”, “expect” and words of similar meaning. All statements other than statements of historical facts included in this document, including, without limitation, those regarding the Company’s financial position and business or investment strategy, plans and objectives are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Any forward-looking statements are based on numerous assumptions regarding the Company’s operations and present and future business and investment strategies and the markets in which the Company will operate in the future. These forward-looking statements are made on the date of this document. Accordingly, there can be no assurance that such statements, estimates or projections will be realised.

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Important InformationIndependent Advice Recommended Prospective Investors are not to construe the contents of this document as tax, legal or investment advice. The information contained in this document is general information only and does not take into account your objectives, financial situations or needs. An investment in the Fund should be regarded as speculative and may not be appropriate for all persons or entities. You should seek appropriate professional advice and should conduct your own independent investigation and analysis regarding any information contained in this document. You should rely on your own enquiries, in particular in obtaining your own legal, investment and tax advice in determining whether to invest in the Fund.

Limitation of LiabilityThe Company does not accept any liability for any loss or damage suffered or incurred by the Recipient or any other person or entity however caused (including negligence) relating in any way to this Information including, without limitation, the information contained in it, any errors or omissions however caused. No representation or warranty (express or implied) by the Company and its respective directors, employees, agents and consultants as to the accuracy, reliability or completeness of the Information and they shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, forecasts, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from the Information, except liability under statute that cannot be excluded. To the extent permitted by law, the Company, its employees, consultants, advisers, officers and authorised representatives are not liable for any loss or damage arising as a result of reliance placed on the contents of this information.

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Nu Fortune Gold is targeting to end the use of toxic Cyanide & Mercury in the recovery process of Gold and other metals by becoming the Australia’s first Zero Cyanide Mining™ mid-tier producer.

About Nu Fortune Gold

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Is a Gold mining company with two existing, quality gold assets located in the Yilgarn and Goldfields.

! An experienced Board and Management Teamcapable of delivering operating mines and producing gold bars.

! Access to world leading Clean Mining Technology, through a licensing agreement with Clean Earth Technologies that eliminates the need for cyanide.

! Politically and financially stable: all mines are located in the resources-friendly state of Western Australia, home to Kalgoorlie –Australia’s gold mining capital and giant iron ore mines.

! Both projects have strong mining history and extensive drilling data to support growth.

! Underground & Open Pit mining specialists.

About Nu Fortune Gold

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To transform mining and mineral processing worldwide with safer, environmentally-sustainable and efficient technologies.

Vision & Mission

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! Develop and operate at Radio Gold Mine and Lindsay’s Gold Mine

! Gold Producer in 2022

! Operate an increasing number of profitable gold mines

! Undertake an IPO on ASX in 2021/22

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Paul HannaExecutive Chairman

Our Board

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Kabir OsmanManaging Director & CEOMr Osman is a Mining engineer (graduate ofWestern Australian School of Mines/CurtinUniversity) with over 25 years’ experience inoperational, consulting and corporate roles.Kabir has worked in Australia and Overseas,covering a range of commodities includinggold, nickel, copper, iron ore, manganese, coaland bauxite, in both underground and open pitenvironments. Kabir has extensive Directorshipexperience with Prometheus Minerals Pty Ltd,Australian Macadamias Pty Ltd, Salt LakeMining Pty Ltd, Second Helping and PerthGourmet Traders, Sulphide X Pty Ltd and GMSMining and Infrastructure Pty Ltd.

Mr Hanna has extensive management andentrepreneurial experience, with more than40 years in property, technologydevelopment, distribution and franchising.

As Chairman and Co-Founder of Nu FortuneGold Ltd and a Director of GRX SingaporePty Ltd, Paul provides strategic advice andfinancial insights to help guide thecompany’s direction and results.

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John HebentonNon-Executive Director

Our Board

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Elizabeth CourtNon-Executive DirectorElizabeth is an economist with over 30 years inbanking, treasury and consulting roles in the publicand public arena. She has worked in Perth, Sydneyand Melbourne and engages with a broaddemographic across countries and topics .

Her current role is directing a membership group ofHNW families and helping them make their wealthmeaningful through engagement in Philanthropy,Family dynamics and Investment opportunities. Herskills vary from treasury and business consulting,across private and public arenas into being acrossemerging markets and technology.

With over 40 years international experiencein key roles in China, Australia, Turkey,Germany, UK, Kyrgyzstan and India, John isa well- recognised industry leader inconsistently delivering innovative, "worldfirst" metallurgical projects.

His comprehensive experience includesCEO/MD and Directorships of resource andglobal process technology companiesthrough to the Project Management of manysignificant metallurgical process plants witha value of $4+billion.

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Nicholas OngCompany Secretary

Our Management Team — Corporate

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Thea WattenhoferChief Financial OfficerThea Wattenhofer is a member of CPA Australiawith over 20 years’ experience in the miningindustry and has consulted across a broad range ofindustries from oil and gas, banking, education,government and manufacturing. She has extensiveexperience working alongside operations, corporate,R&D, statutory reporting and compliance in bothAustralia and for multinational organizations. Herconsulting experience brings finance and businesstransformation capabilities, systemimplementations and process optimization.

Nicholas Ong brings 16 years’ experience inIPO, listing rules compliance and corporategovernance. He is experienced in miningproject finance, mining and milling contractnegotiations, mine CAPEX & OPEXmanagement, and toll treatment goldreconciliation. Nicholas is a Fellow of theGovernance Institute of Australia and holdsa Bachelor of Commerce and a Master ofBusiness Administration from the Universityof Western Australia. Nicholas is currently aCompany Secretary of several ASX listedcompanies.

Wayne SimsGeneral Manager – AdministrationWayne Sims has been a member of CPA Australiasince 1979. He has been a principal in publicaccounting practice for almost 25 years advising onaccounting, management, taxation and corporateaffairs to a diverse range of business andprofessional clients. In the corporate consultingfield, Mr Sims has provided strategic advice topublic companies in the areas of capital structures,prospectus preparation, ASX listing rules,management of the IPO process, and assistancewith the identification of projects, potential partnersand joint venture opportunities.

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Raymond WattenhoferGeneral Manager - Technical

Our Management Team — Mining

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John JohnstonGeneral Manager - OperationsMr Johnston has sustained a successful 21 yearsin the underground mining and resources sector.During this time John spent over a decade invarious operational roles with WMC, Downer andBarminco before founding Australian ResourcesContracting. Mr Johnston’s specialty has been inthe development and start-up of high-gradenarrow vein gold mines which are in line withNu Fortune Golds core assets. This knowledgeand expertise have taken Mr Johnston to projectsthroughout Asia, South America and Fiji.Nu-Fortune Gold will utilise Mr Johnston’soperational and management experience to bringtheir assets into safe profitable production.

Mr Wattenhofer is a Mining Engineer, agraduate of Western Australian School ofMines/Curtin University as well as BallaratUniversity (Masters) with over 17 years’experience in operational, technical andcorporate roles. Raymond has held technicaland management positions in diverseunderground and open pit mining operationsand across many commodities including gold,nickel and Iron Ore. Raymond has beenresponsible for gaining regulatory approvalsfor several projects and has a strongoperational background with experience asboth the principal & contractor.

Zak OsmanPrincipal Mining EngineerMr Osman is a Mining Engineer (WesternAustralian School of Mines/Curtin University) withover 20 years of experience in the miningindustry, with a strong background inUnderground and Open Pit metalliferous mining.He has experience in operational, consulting andcorporate environments and skill sets includemine planning and optimisation, economicmodelling, Scoping through to Feasibility studies,Reserve Reporting and Due Diligenceinvestigations. Zak’s experience covers a range ofcommodities including Gold, Silver, Iron Ore,Nickel, Lead, Coal and Copper.

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ESG – UN goals

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Focusing on sustainable, responsible, environmental and social business practices that deliver excellent returns for our shareholders.

Framework to achieve our sustainability vision• Planet (Environmental): Utilise Clean Mining

Technology and clean up historic mines where opportunities exist. Incorporate clean operating practices such as EV’s and progressive rehabilitation on all our sites.

• People (Social): Cohesion between our business and stakeholders whilst operating as good corporate citizens. Engage local staff and businesses to help operate and grow our business.

• Profits (Economic): Generating wealth for our shareholders and stakeholders. Future opportunities courtesy of our relationship with CET include clean technology such as Polymers, E-Waste Capture, Precision Fertilisers, Mercury Elimination and Capture.

Nu Fortune’s ESG Goals – Via the 3 P’s

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Combining award-winning patented technologies from Clean Mining and Clean Earth Technologies, Nu Fortune will deliver sustainable mineral processing of Gold and other metals while respecting the environment and supporting the local communities.

Zero Cyanide Mining™ – Summary

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Why Cyanide is a problem

• Accidents / containment failures lead to catastrophic pollution.

• Massive environmental and health risks.

• Significant environmental incidents, some involving water bodies, have continued to occur globally.

List of recent cyanide caused gold mining disasters.

Image copyright.

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Zero Cyanide Mining™ – Dirty GoldThis is how the world’s commercial gold is processed today.

Zero Cyanide Mining™ – Dirty GoldThis is how the world’s commercial gold is processed today.

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Zero Cyanide Mining™ – Clean GoldThis is how the world’s commercial gold should be processed.

Zero Cyanide MiningThis is how the world’s commercial gold should be processed.

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Zero Cyanide Mining™— Social Responsibilities

TRUSTEDWe speak the truth.

We believe in each other. We do what we say we’ll do. We value the talent, time and intentions of

everyone we work with.

RESPECTWe act with empathy,

transparency, and integrity at all times. We

show respect to the environment, to investors,

stakeholders and employees in everything

we do.

To transform mining and mineral processing worldwide with safer, environmentally-sustainable and efficient technologies.

INNOVATIVEWe strive for excellence

and are unconstrained by the way things have

always been done. We identify and implement

original solutions to secure a positive change

for future generations.

RESPONSIBLEWe support the needs of the wider community, our

stakeholders and the environment. Every action

we take makes a bigger impact on the world.

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• A safer, viable ore processing environmentally-responsible.

• Delivers similar gold recovery rates to cyanide^.• Produces non-hazardous tailings (with the

potential to eliminate tailings dams).• Addresses the health and safety of process plant

employees and local communities.• A solution that can be used on many different ores.• Lower-cost, scalable processing circuit.• A simple gold recovery process.• Elimination of cyanide-contaminated tailings

dams.• Avoid compliance and rehabilitation costs

associated with cyanide.

The advantages of our plant designs:• Ease of transition. The front-end milling circuit is

the same as a cyanide-based plant – so the new clean technology only replaces the leaching to gold recovery phases.

• An option for a de-watering process to produce dry tailings.

• The ability to retro-fit existing plants.

Rehabilitation benefits include:• A reduced land disturbance footprint.• Reusable water and reagent.• The option of immediate repatriation of dry

tailings.• No risk of toxic cyanide contamination and spill.

Advantages of Nu Fortune Gold using Clean Mining Technology

^Comparable from our ore’s.

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Zero Cyanide Mining™Responsible Mining

A simple but important choice –business as usual or processing using a commercially viable alternative to cyanide that can enhance environmental and social outcomes.

The Clean Mining gold recovery process, developed by Australia’s CSIRO, replaces toxic cyanide and mercury with a reagent which dissolves fine gold out of ores into a solution and then can be recovered through further processing.

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Zero Cyanide Mining™Transforming Australian Mining

Starting from our production base in Western Australia, Nu Fortune will operate the first facilities globally to produce Certified Clean Gold – creating the new environmental standard for gold produced around the world.

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• Radio Gold Mine – Yilgarn

• Lindsay’s Gold Mine — Goldfields

• Mobile Plant

• Processing Plant Technology

Company StrategyBuilding on our strengths

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Acquire new tenements / projects

Year 1 – 25,000 ounces (Project 1)

Year 2 – 50,000 ounces (Project 1 & 2)

Year 3 – 75,000 ounces (New Projects)

Year 4 – 150,000 ounces (New Projects)

Planned Production Profile

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8km North of Bullfinch, W.A. 40km North of Southern Cross, the Radio Gold Mine is located on the Southern Cross Greenstone Belt in the Yilgarn Craton. The province is estimated to have produced 10.0m+ oz of gold.

• Radio Gold Mine historically is a high grade mine, averaging 38.5 grams/tonne Aurecovered during the period 1917 – 1971, $180M of gold extracted in first 100m vertically.

• Re-opened in 2017 and refurbished with access to the Radio Main and East Lode at 100m depth. Developed a JORC 2012 resource of 28,500 oz of gold as base to build from.

• The Radio Project was acquired by Nu-Fortune Gold Ltd, via their subsidiary Bullfinch Radio Pty Ltd, in early 2020 with the intention of exploring and producing gold in and around the historical Radio Mine.

• Excellent gold recovery from test work in both gravity (in excess of 80%) and overall recoveryof 92-95%.

Radio Gold Mine - Location & Summary

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Radio Gold Mine Resources

Main Lode Cut-off(g/t Au)

Indicated Inferred Total Resources

Kt g/t Au Koz Au Kt g/t Au Koz Au Kt g/t Au Koz Au

Main Lode 1.0 57.8 4.05 7.5 55.0 3.80 6.7 112.8 3.93 14.2

East Lode 1.0 32.0 6.93 7.1 45.6 4.92 7.2 77.6 5.75 14.3

Total 89.8 5.08 14.6 100.6 4.31 13.9 190.4 4.67 28.5

Radio Gold Mine - JORC Table

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2012 JORC Model – Updated June 2021

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Radio Gold Mine - Geology

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• Completed 2000m of RC drilling in January 2021.

• JORC 2012 geological update has been completed.

• Mining studies for underground designshave been undertaken.

• A revised detailed schedule using the new design.

• This schedule has been used as the basis for a comprehensive life of mine budget.

Radio Gold Mine - Technical Studies

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• The underground resource will be accessed via the use of a decline and underground development using mechanised diesel/electric mining equipment.

• The narrow vein nature and low angle of the Radio Orebodies lends itself to non-mechanised mining methods, specificallyair-leg operations.

• Stoping activities will be carried out by a team of experienced air-leg operators.

• Allowing us to optimise extraction gradesvia selective mining.

Radio Gold Mine - Mining StrategyNUFORTUNE: CORPORATE PROFILE

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• 65km North North-East of Kalgoorlie, W.A, the Lindsay’s Gold Mine is located on the Archaean Kalgoorlie Terrane within the Eastern Goldfields Province. The province is estimated to have produced 120.0m+ oz ofgold.

• Ability to immediately re-commence production from existing open pits with the previously planned underground mining.

• The 2015 Parrot Feathers underground resource identified a high-grade option of 401kt @ 4.2g/t Au.

• Resource model and mining studies to be re-done at current price inputs.

Lindsay’s Gold Mine - Location & Summary

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Lindsay’s Gold Mine - JORC TableLindsay’s mineral resource estimate, reported under the JORC Code 2004 or 2012

Indicated Inferred Total Resources

Deposit Tonnes Grade (g/t) Ounces Tonnes Grade (g/t) Ounces Tonnes Grade (g/t) Ounces

Eastern Structure 1,479,000 1.6 76,000 203,000 1.6 10,500 1,682,000 1.6 86,500

Parrot Feathers1 140,000 4.0 18,000 261,000 4.3 36,000 401,000 4.2 54,000

Central Structure 1,315,100 1.1 46,500 47,900 1.1 1,700 1,363,000 1.1 48,200

Neves Prospect 490,900 1.6 24,900 37,700 1.3 1,500 528,600 1.6 26,400

Total 3,425,000 1.5 165,400 549,600 2.8 49,700 3,974,600 1.7 215,100

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12012 JORC Model

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Lindsay’s Gold Mine - Geology

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A Range of technical studies have been undertaken in the past on the Lindsay's Gold Project, these include:• An Open-pit pre-feasibility study undertaken

in 2012 by KalNorth. The study highlighted that the project was viable and had the capacity to generate significant cash-flow over a short mine life. The study resulted in 5 smaller pits, with the largest pit at Parrot Feathers showing the most potential for further cutbacks should the gold price improve or the costs reduce.

A full suite of mining studies will be undertaken, in conjunction with the Radio Gold, to ascertain the mineable resource utilising surface mining methodologies.

Lindsay’s Gold Mine -Open Pit Technical Studies

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A Range of technical studies have been undertaken in the past on the Lindsay's Gold Project, these include:

• KalNorth and Keras Resources PLC carried out a scoping study at Parrot Feathers in mid-2016. The Study concluded that the project has shown robust results both technically and economically which warrants advancing the project to full development.

Lindsay’s Gold Mine -Underground Technical Studies

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Lindsay’s Gold Mine -Underground Update

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Nu Fortune have updated the Lindsay’s underground technical studies to incorporate the following:

• Underground Mining Strategy

• Updated Design Specifications

• Updated Schedule Inputs

• Updated Costs

A full suite of mining studies will be undertaken, in conjunction with the Radio Gold, to ascertain the mineable resource utilising underground mining methodologies.

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• The underground resource will be accessed via the use of a decline and underground development using mechanised diesel/electric mining equipment.

• Due to a variable orebody angle as well as some wider intersections, Lindsay’s will most likely see a mixture of mining methods employed to suit the orebody.

• Stoping activities will be carried out by a team of experienced air-leg operators as well as mechanised drills to most efficiently extract the ore.

Lindsay’s Gold Mine - Mining Strategy

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Mobile Plant — Jumbo and UG Loader• NuFortune Gold has acquired a Sandvik DD420-60 Twin Boom Jumbo and two Caterpillar

LHD2900 Loaders.

• This equipment will undergo a refurbishment, which will transform them into key front-line equipment.

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Process Plants — Traditional Gold CIL PlantNUFORTUNE: CORPORATE PROFILE

The figure illustrates equipment (in highlighted red sections) that are not required when using the Clean Mining Technology.

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The figure illustrates equipment (in highlighted green sections) required when using the Clean Mining Technology.

These are standard equipment within the industry.

Process Plants — Clean Mining Gold PlantNUFORTUNE: CORPORATE PROFILE

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Process Plants — Plant Design & Flow

TYPICAL MILLING CIRCUIT- Crushing & Screening- Grinding- Gravity Gold Recovery

RE-SLURRY WITHREAGENT

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Process Plants — Radio Gold Mine Milling Circuit• NuFortune Gold has recently acquired an existing milling facility, inclusive of associated

equipment and capable of processing over 500,000 tonnes per annum.

• The acquisition of these major long-lead plant items is key to NuFortune’s strategy to transform our near-production mines quickly and efficiently into operational assets.

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Process Plants — Radio Gold Mine Milling Circuit• NuFortune Gold Ball Mills, rated at 900kW & 650kW, have been dis-assembled and transported

to Radio Gold Mine in the Yilgarn during the first weekend of October.

• These assets get NuFortune Gold one step closer to producing from their quality shovel ready projects and to becoming the first facility to produce certified clean gold, along with being the first commercial scale use of Thiosulphate.

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Clean Mining’s innovative ore processing technology represents an important scientific breakthrough that eliminates the use of cyanide and mercury in the extraction of gold from Artisanal to Large-Scale Mining. Aligned with the United Nations Sustainable Development Goals for 2030, the technology offers a potentially cheaper, cleaner and responsible processing option that is:

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ETHICAL AND RESPONSIBLEThe safest and most

sustainable gold processing reagent developed to date,

with benefits for governments, mining companies,

communities and workersworldwide.

GREATER GOODKinder to the environment in

production, uses and disposal.Ensuring a cleaner, healthierplanet for future generations.

SAFER AND SUSTAINABLECyanide & Mercury-free,delivering a safer, more

sustainable process withoutleaking, spillage or exposure

to hazardous chemicals.

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Licence for Clean Mining reagent

• Many countries have banned the use of cyanide.

• The Clean Mining reagent chemicals are an alternative to cyanide and mercury.

• Cyanide is predominately used in large scale mining operations which represent approximately 70% of gold production.

• The world cyanide market for gold processing is estimated to be US$5billion –US$7billion per annum.

• The Clean Mining technology is usable in 90% of gold production which uplifts the market size to US$6billion- US$9billion perannum.

Background to the cyanide market

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! About 79 tons of contaminated mine waste for every ounce of gold.

! Around 18 tons of contaminated wasteore are created for a wedding ring.

! The inhalation of 120 to 150 mg/m3 of cyanide may lead to death after 30 to 60 minutes.

Articles: Cyanide —The gold Mine’s killing device

The Problems — Cyanide in Mining

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! The ASGM sector is responsible for around 40% of the global mercury emissions to the atmosphere.

! 95% of anthropogenic mercury deposited in Canada comes from sources outside Canada, mainly East Asia.

! It is estimates that there are approximately 15m Artisanal miners globally. Many of these are small children and women.

! Between 25% and 33% of miners suffer from chronic metallic mercury vapor intoxication.

! Mercury contamination in the air, soil & water is seriously affecting the health of the miners, families and their communities

! The Minamata Convention is signed by 128 countries to ban the use of Mercury.

The Problems — Mercury in Mining

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The Clean Mining solution

• Award-winning, non-toxic solution, developed alongside CSIRO.

• Widely applicable / scalable to broad range of ores / operators.

• Potential to eliminate hazardous tailings dams entirely.

• Only genuine solution for replacing mercury in ASGM.

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Licence for Clean Mining reagent

Using an innovative processes, Clean Mining offers:• A safer, viable alternative to cyanide and mercury

for gold processing. • A product that can be used on a variety of ores. • Gold recovery rate comparable to cyanide. • Simple, innovative ore recovery process. • Lower-cost, scalable and mobile processing circuit

– accessible to small and large miners and with a reduced processing footprint.

• Lower risk, simplified gold recovery process –producing premium Certified Clean Gold™.

• It’s better for the health, safety and wellbeing of mine employees, the environment and local communities. Consumers will demand Certified Clean Gold.

The Clean Mining solution

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Licence for Clean Mining reagent

Big Australian opportunity for Nu Fortune Gold

• Nu Fortune to become the first distributor of leading world class Clean Mining technologies.

• The Company will have unique access to many areas in Australia where cyanide usage is limited due to environmental concerns.

• Nu Fortune will be recognized as the first company to be Clean Gold accredited worldwide. This will enable Nu Fortune to sell the Clean Gold product at a premium to the consumer market.

The Clean Mining solution

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Clean Mining offers a safer, viable gold ore recovery alternative that allows large-scale miners to:

! Remain competitive with cyanide in both cost & performance.

! Operate in countries where cyanide use is banned.

! Remove massive toxic tailings dam costs.

! Reduce compliance costs.

! Reduces OH&S costs.

! Reduce Rehabilitation costs.

! Mitigate negative perceptions associated with traditional ‘dirty’ mining.

! Open up uneconomic or stranded deposits as viable propositions.

! Win stakeholder support adding value to shareholders and a true ESG focus.

! Contribute to a healthier environment in lower socio economic areas by reducing the use of Mercury.

The Benefits

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Clean Mining Lab Tests

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! Many countries have now banned the use of Cyanide & Mercury.

! Tier 1 countries to starting to ban cyanide

! Developed by Australia’s world-renowned CSIRO, the Clean Mining reagent is the only genuine, proven alternative to Cyanide & Mercury.

! Cyanide is predominately used in large scale mining operations which represent approximately 70% of gold production.

! Approximately 20% of the world’s gold is produced by Artisanal miners.

! The Clean Mining technology is usable in 90% of gold production which uplifts the market size to US$6billion- US$9billion per annum.

Market Opportunity

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Active leadsCountries or sub territories that have banned or have an aversion to cyanide for new projects.

Active leadsCountries which can still use cyanide for new projects.

Clean Mining — Market PenetrationNUFORTUNE: CORPORATE PROFILE

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NUFORTUNE: CORPORATE PROFILENUFORTUNE: CORPORATE PROFILE

Investment in Nu Fortune gives you an investment in a sustainable resources future.

The development of clean mining technology is critical to the resources industry’s switch to sustainable operations and will unlock resources in provinces where cyanide is prohibited. Driven by many years of R&D, our goal is to pave the way for a cleaner, environmentally friendly world.

Investors & Summary Page

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DirectoryRegistered OfficeNu-Fortune LtdSuite 1, 96 Royal StreetEast Perth WA 6004

LawyersHopgood Ganim28/77 St Georges TerracePerth WA 6000

IPO LawyersSteinepreis Paganin16 Milligan StreetPerth WA 6000

AccountantsHere Business & Wealth1/9 Bowman StreetSouth Perth WA 6951

AuditorsBDO38 Station StreetSubiaco WA 6008

Share RegistryAdvance Share Registry110 Stirling HighwayNedlands WA 6009

Company SecretaryNicholas OngMinerva Corporation8/99 St Georges TerracePerth WA 6000

BankingWestpac4/123 St Georges TerracePerth WA 6000

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Contact UsShould you have any queries regarding this document, please contact Kabir Osman:Email: [email protected]: +61 411 321 195

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Appendix

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• The Radio Mine lies on the eastern side of the Southern Cross Greenstone Belt, overlapping onto the western margin of the granitoid Ghooli Dome. The host rock to the mineralised lodes is a foliated heterogeneous granitoid containing abundant rafts of partially assimilated greenstones adjacent to the main greenstone belt.

• The Radio Gold Mine Mineral Resource is located in two sub-parallel quartz lodes that strike north east and dip to the south east. The lodes are referred to as the Foot wall (or Main Lode) and the Hanging wall (East Lode). These lodes appear to be continuous over a strike length of 130m and can be traced, although discontinuously on the surface for a total strike length of 720m.

• Radio Deeps Prospect is located 400 metres to the south-east of Radio and occurs where a parallel structure to the Radio-Manxman structure intersects the regional north-west trending shear. The two projects appear to have a similar structural setting and several drill holes at Radio Deeps have intersected significant gold mineralisation.

• The Manxman mineralisation is located one kilometre to the north east of Radio on the same north-east structure that hosts Radio (the “Radio Line”). Here, historical shallow diggings extend over a strike length of 300 metres to access thin quartz reefs with a similar orientation to the reefs at Radio.

Radio Gold Mine - GeologyNUFORTUNE: CORPORATE PROFILE

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• Resource model has been developed from historic exploration records and recent geological bulk sampling programs

• Geological understanding of the orebody and mineralisation controls have advanced significantly as a result of underground development

• Sampling and proposed drilling program have been optimised based on the improved knowledge of the orebody and structures intersected

• Surface drilling program has been developed to test the resource inventory immediately adjacent to the defined resource with step out holes to increase the overall footprint of the Radio Gold deposit along strike and also at depth

• Underground face sampling program as well as bulk samples (toll treated) yielded high grade results

Radio Gold Mine - Resource ModelNUFORTUNE: CORPORATE PROFILE

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• The Lindsay’s Field lies in the Archaean Kalgoorlie Terrane within the Eastern Goldfields Province of the Yilgarn Craton. It covers a broadly northwest trending folded and deformed sequence of predominantly basalt and dolerite with intercalated metasedimentary units comprising black shale, arkosic sandstone and pebbly grits, which is intruded by granodiorite. The project geology is dominated by a north north-west (NNW) trending, very-steeply dipping, tightly closed fold in the north east and a large granodiorite intrusive in the south west.

• Three main northwest trending gold mineralised structures trend through this folded sequence of rocks and granodiorite and known as the Eastern Structure, the Central Structure and the Western Structure.

• Gold mineralisation is predominantly found within quartz veins hosted in the granodiorite and mafic country rocks. The veins are usually 1-2 meters wide and predominantly shallowly dipping between 15-25 degrees to the southwest. Gold grades within the quartz veins appear higher within the mafic country rocks compared to the granodiorite.

Lindsay’s Gold Mine - Geology

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• The Project hosts Mineral Resources of 3.9Mt @ 1.7g/t Au for a total of ~215koz. Ravensgate was commissioned by KalNorth in 2015 to complete a revised underground resource estimates for Lindsay’s Parrot Feathers deposit.

• The current Mineral Resource of the Project, displayed in Table 2, has been classified into Indicated, Inferred or Probable categories in accordance with the guidelines of the 2004 edition of the JORC Code.

Lindsay’s Gold Mine – Resource Model

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