TSX:NMI, OTCQX:NMKTFDiggers & Dealers ConferenceRobert Dufour, CFO

Exceptional Team, Solid Production,Significant Valuation Upside

2TSX:NMI

Forward-looking StatementsCertain information set forth in this presentation contains “forward-looking statements”, and “forward-looking information under applicable securitieslaws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include theCompany’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 andundue reliance should not be placed on them. Forward-looking statements are based on the opinions and estimates of management as of the date suchstatements are made and they are 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 by such forward-looking statementsor forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results todiffer materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results notto be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and futureevents could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-lookingstatements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-lookinginformation that are included in this presentation or incorporated by reference herein, except in accordance with applicable securities laws.

All amounts are presented in United States dollars ("$") unless otherwise stated. References in this document to “C$” are to Canadian dollars andreferences to "A$" are to Australian dollars.

Certain non-IFRS measures are included in this presentation, including operating cash cost per ounce, all-in sustaining costs (“AISC”) per ounce, andoperating cash cost per tonne milled in Australian dollars. In the gold mining industry, these are common performance measures but may not becomparable to similar measures presented by other issuers. Newmarket Gold believes that these measures, in addition to that information prepared inaccordance with IFRS, provides investors with useful information to evaluate the Company’s performance and ability to generate cash flow from itsoperations. Accordingly, it is intended to provide additional information and should not be considered in isolation or as a substitute for measures ofperformance prepared in accordance with IFRS. For further information, refer to the “Non-IFRS Measures” section of the latest quarterly MD&A.

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

3TSX:NMI

Management & Board of Directors

Raymond Threlkeld Chairman

Douglas Forster President, CEO & Director

Blayne Johnson Executive VP, Director

Lukas Lundin Director

Randall Oliphant Director

Darren Hall COO

Doug Hurst VP Corp Development

Robert Dufour CFO

Ryan King VP Investor Relations

Edward Farrauto Director

Michael Vint Director

Advisors

Ian Telfer Capital Markets

Michael Vitton Capital Markets

Proven Track Record of SuccessPublic Companies

Sold Companies

Principals have founded, managed and sold mining companies with a combined market

value in excess of $35 billion

4TSX:NMI

Vision: To become the next quality mid-tiergold producer with annual production of 400-500k ozs

Leverage best expertise in the industry

Continue to align with shareholder interests

Develop our people

Deliver safe & responsible production

Drive operational improvement & efficiency

Deliver on guidance, focus on FCF

Grow resource base & convert to reserves

Prove up near mine & in mine exploration targets

Advance & develop high-quality existing projects

Evaluate accretive acquisition opportunities to add low cost reserves to the business

Uphold strong financial discipline

PEOPLE OPERATIONS DISCOVERY GROWTH

Newmarket Gold Vision and Strategy

5TSX:NMI

Producing in a Top Mining JurisdictionCOSMO/UNION REEF

Location Northern TerritoryOwnership 100%Metals GoldMining UndergroundCapacity 2.0Mtpa Yrs in Production 2.5 Prod. Guidance ~60k ouncesDiscovery Western Lodes Discovery

MAUD CREEK GOLD PROJECT

Location Northern TerritoryOwnership 100%Metals GoldMining Open Pit + UndergroundStage PEAM&I Resources 724,000 ozs @ 3.46 g/t1

FOSTERVILLE GOLD MINE

Location Bendigo, VictoriaOwnership 100% (2% Royalty)Metals GoldMining UndergroundCapacity 850Ktpa Yrs in Production +10 Prod. Guidance 130k – 140k ouncesDiscovery Eagle Fault Zone

STAWELL GOLD MINE

Location Stawell, VictoriaOwnership 100% (1% Royalty)Metals GoldMining UndergroundCapacity 1.0Mtpa Yrs in Production +30Prod. Guidance ~35k ounces

2016 REVISED CONSOLIDATED GUIDANCE

Production: 225,000 - 235,000 ouncesOperating Cash Cost2: US$650 - US$725 per ounceAll-in sustaining costs2: US$900 - US$975 per ounce

AUSTRALIA

BIG HILL GOLD PROJECT

Location VictoriaOwnership 100%Metals GoldMining Open PitStage PermittingM&I Res. 166,000 ozs @ 1.52 g/t1

Producing Mine

Development Project

Mine site Discovery

AURORA B GOLD PROJECT

Location VictoriaOwnership 100%Metals GoldMining UndergroundStage DrillingInf. Res. 30,400 ozs @ 3.5 g/t1

6TSX:NMI

July 2015 - Year One - July 2016

Newmarket Gold – Success to Date

Merger of Newmarket Gold Inc. and Crocodile Gold Corp.

Ownership structure change from 80% private equity/hedge fund to diversified

ownership

Increased liquidity from 50k shares per day average to 1.4 million shares per day

average

Increased analyst coverage from 0 to 11 with consensus target prices increasing

Consecutive quarter over quarter record operational results

Significant investment in growth resulting in three new mine site discoveries

Increased mineral resources and reserves and extended LOM

Redeemed all convertible debt and now essentially debt free, all gold production

unhedged

7TSX:NMI

Newmarket (NMI) Share Performance vs. Peers

Share Price Performance

Notes:Peers: Alamos, Kirkland, Lake Shore (to unaffected), Primero, Richmont, Regis, Saracen Daily Trading Volume reflects Canada-wide composite across all exchangesSource: FactSet, Bloomberg

76%

257%

128%

15%

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

22.0

24.0

26.0

28.0

30.0

32.0

34.0

36.0

38.0

40.0

42.0

44.0

46.0

48.0

50.0

(60%)

(40%)

(20%)

0%

20%

40%

60%

80%

100%

120%

140%

160%

180%

200%

220%

240%

260%

280%

300%

15-Jul-15 15-Aug-15 15-Sep-15 15-Oct-15 15-Nov-15 15-Dec-15 15-Jan-16 15-Feb-16 15-Mar-16 15-Apr-16 15-May-16 15-Jun-16 15-Jul-16

Dail

y T

rad

ing

Vo

lum

e -

Can

ad

a C

om

po

sit

e (

M)

Rela

tive P

erf

orm

an

ce (

%)

NMI Volume GDX Index Newmarket Peer Producers Spot Gold

8TSX:NMI

Strong Financial Position

Balance Sheet (at June 30, 2016) US$ Equivalent:

Cash Balance (million) US$ 69.9 AUD$93.7

Working Capital (million) US$ 56.3 AUD$75.4

Debt (million) – Capital lease obligation $US$ 1.6 AUD$3.75

Capital Structure & Ownership (June 30 2016)

TSX: NMI OTCQX: NMKTF

Market Capitalization ($CAD million) (June 30 2016) ~$700

Issued and Outstanding (million) 177.7

Fully Diluted (million) 191.3

Luxor Capital Group LP 19.3%

Eric Sprott ~ 15%

Management/Board (basic) 7.4%

90 day average volume 1.4 mil shares

$36.5

$52.1

$69.9

Q4 2015 Q1 2016 Q2 2016

YTD US$ CASH BALANCE INCREASE

91%

Including $3.8 million in growth investment

Including $3.6 million in growth investment

9TSX:NMI

2016 Consolidated Guidance - Revised

Production:

225,000 - 235,000 ounces

Cash Cost:

US$650 - US$725 per ounce

AISC:

US$900 - US$975 per ounce

Growth Expenditure: US$10 – US$15 million

H1 Production: 119,248 ounces

H1 Cash Cost: US$ 686/ oz sold

H1 AISC: US$ 923/ oz sold

10TSX:NMI

2016 Highlights

119,248 oz revised full year 2016 guidance (225koz-235koz)

CONSOLIDATED GOLD PRODUCTION

RECORD FOSTERVILLE Q2(June 30, 2016)

Cash - US$69.9 million

~AUD$93 million

OF PRODUCTION FROM FOSTERVILLE GOLD MINE

COSMO GOLD MINE

YTD PRODUCTION 31,782 ozsYTD RECOVERY 92.4%

Q2 Production 15, 442Q2 Grade 3.01g/t goldQ2 Record Recovery 94.2%

FOSTERVILLE GOLD MINE YTD PRODUCTION 70,383 ozs

Q2 Record Production 37,245Q2 Record Mill Grade 7.50 g/t goldQ2 Record Recovery 90.8%Q2 Operating Cost $440 per ounce soldQ2 AISC $741 per ounce sold

59%

11TSX:NMI

32,793

31,519

33,138

Q3/15 Q4/15 Q1/16 Q2/16

Q2 2016 Highlights Record Q2, 2016 production, grade and recoveries Record grade - 27% YOY increase in mill grade – 7.5 g/t Au Record gold recovery – 90.8% Grade Profile continues to increase at depth at Lower Phoenix Lower Pheonix Gold System highlights intercept

3.3m @ 22.1 g/t Au & 3m @ 16.6 g/t Au. New gold gravity circuit – recovered 17% of gold produced

during Q2

H1 2015 H1 2016

Gold Production (ozs) 58,783 70,383

Gold grade (g/t) 5.84 7.42

Recovery (%) 89.1 88.9

Cash Costs (US$/oz) $537 $456

AISC (US$/oz) $895 $732

Fosterville Gold Mine – Flagship Asset

Go

ld P

rod

uct

ion

oz

37,245

12TSX:NMI

Fosterville Gold Mine (Eagle Zone - Visible Gold)

13TSX:NMI

Largest Gold Producer in State of Victoria

2015 MINERAL RESOURCE & RESERVES

Proven and Probable underground Mineral Reserves increased 34% to 244,000 ounces of gold. (Dec 31. 2015)

Mineral Reserve grade increased 25% grading 6.95 g/t gold (Dec 31. 2015)

Fosterville’s current mining front comprising the Phoenix and Lower Phoenix gold systems, and associated structures, host Measured

and Indicated Mineral Resources containing 673,000 ounces grading 8.33 g/t open up and down plunge

FEB 2016 – FOSTERVILLE POURED 1 MILLIONTH OZ OF GOLD

• 11 years of continuous operations since first gold pour in 2005 & + 8 million man hours

• World class BIOX treatment system • Continued exploration success – 8 drill rigs in operation currently• Increasing grade profile at depth• New potential mining fronts including Harrier Gold System

14TSX:NMI

Fosterville Mine Life Expansion

Lower Phoenix

Phoenix

NORTHSOUTH

Mineral Resources, Reserves and MINING as at December 31, 2015

Harrier Decline

Harrier

6,00

0mN

BLOCK A

BLOCK C

BLOCK D

Harrier Drill Drive

1km step-out drillingH2/2016 drill results

5,4

50

mN

BLOCK B

Current UG Reserve 244,000 ounces at 6.95g/t Au with Measured and Indicated resources of 673,000 ounces at 8.33 g/t Au and Inferred Resources of 101,000 ounces at 9.49 g/t Au as of Dec 2015

With additional drilling success blocks A,B, C and D are targeted to add +5 years of additional reserves on top of current reserves and resources (Block B drilling underway testing 1000 metres down plunge from current resources/reserves)

Grade increasing with depth at Harrier, converting resources to reserves and growing resources, 8 drill rigs in operation

Mill Capacity +850k tpa, currently utilizing ~700k tpa. Opportunity to add two additional mining fronts in Block A and Block D

= Visual gold elevation depth, increasing with depth

Current Mining Front

80

50

mN

15TSX:NMI

Fosterville Mine Drilling Success

Harrier Drill Drive

12.5 g/t Au over 2.4m

12.75 g/t Au over 4.5m

Lower Phoenix

Drill Targets

NORTHSOUTH

Mineral Resources, Reserves and MINING as at December 31, 2015

Harrier Decline

Harrier

Consistently intersecting high grade gold in multiple zones; Harrier, Lower Phoenix, Lower Phoenix South and Lower Phoenix North.

Grade increasing with depth on all zones

8 Drill rigs in operation

4.4 g/t Au over 6.1m

6.5 g/t Au over 4.2m

9.3 g/t Au over 3.3m

6,00

0mN

9.2 g/t Au over 11.8m

7.3 g/t Auover 13.9m

80

50

mN

6.2 g/t Au over 1.9m

22.1 g/t Au over 3.3mFirst recorded visualGold from Harrier

10.3 g/t Au over 3.3m

16.6 g/t Au over 3.05m

11.99 g/t Au over 3.4m

14.25 g/t Au over 3.6m11.1 g/t Au over 4.9m

12.8 g/t Au over 8.5m

112 g/t Ay over 11.9m

645 g/t Au over 3.4m

501 g/t Au over 4.5m

386 g/t Au (VG) over 3.4m

16.4 g/t Au (VG) over 16.5m

73.2 g/t Au (VG) over 7.8m

16TSX:NMI

Fosterville Gold Mine – Peer Cost Comparison

Q1/16Production

Q1/16Cash CostsPer Ounce

(US$/oz)

Q1/16 AISC

Per Ounce(US$/oz)

Fosterville/Newmarket Gold1(Australia) 33,138 $473 $723

Andy Wells/Doray Minerals2(Australia) 20,126 $484 $938

Carosue Dam/Saracen Minerals2(Australia) 33,749 $777 $864

Island/Richmont Mines3(Canada) 26,589 $491 $623

Pajingo/Evolution Mining2(Australia) 18,026 $593 $943

Macassa/Kirkland Lake4(Canada) 27,604 $535 $1,006

1. See non-IFRS details on slide 2, excludes corporate G&A 2. March 2016 Quarterly Reports. Assuming 0.730 USD:AUD 3. Production and costs based on April and May 2016 press release 4. Production and costs based on March 2016 press release SY15_Q3

(open pit/underground)

(open pit/underground)

Underground Mine Comparisons

17TSX:NMI

12,672 12,898

16,340 15,442

Q3/15 Q4/15 Q1/16 Q2/16

Q2 - 2016 Production of 15,442 oz based on record recovery of 94.2%

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)

H1 2015 H1 2016

Gold Production (ozs) 37,685 31,782

Gold grade (g/t) 3.33 3.05

Recovery (%) 91.9% 92.4%

Cash Costs (US$/oz) $814 $957

AISC (US$/oz)$1,037 $1,021

Northern Territory - Cosmo Gold MineCosmo Gold Mine

Gold

Pro

duction o

z

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

18TSX:NMI

Northern Territory - Maud Creek Gold Project Cosmo Gold Mine currently processes ~800,000 tpa through the Union Reefs Mill

Union Reefs mill has 1.2Mt of excess capacity to treat additional ore and is located 67km from Cosmo and 144km from Maud Creek

1. The PEA is preliminary in nature and is based on a number of assumptions that may be changed in the future as additional information becomes available. The PEA includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. The Maud Creek Gold Project PEA Technical Report is available on Sedar and www.newmarketgoldinc.com and was compiled by Peter Fairfield, Principal Consultant (Project Evaluation), BEng (Mining), FAusIMM CP (Mining) of SRK Consulting (Australasia) Pty Ltd. By virtue of his education, membership to a recognised professional association and relevant work experience, Peter Fairfield is an independent "Qualified Person" as such term is defined in NI 43-101. Mineral resources that are not mineral reserves do not have demonstrated economic viability. For full details please see press release dated May 18, 2016

Base Case Highlights Utilizing the Union Reef Mill (US$1,200) (AUD$1,550) FX 0.77

Pre-Tax NPV5% AUD$201 million

Internal Rate of Return 116%

After-Tax NPV5% AUD$137 million

Internal Rate of Return 80%

Pay Back 1.25 years

Pre-Production Capital Cost AUD$42 million

Mine Life 9.5 years

Diluted Gold Grade 4.2 g/t gold

Gold Recovery (Oxide/Transitional) 85%

Gold Recovery (sulphide) 95%

LOM Recovered Gold 496,000 ounces

Average Annual Production 52,000 ounces

LOM Cash Operating Cost AUD$1,101/oz US$632

19TSX:NMI

8,352 8,762 8,579 8,504

Q3/15 Q4/15 Q1/16 Q2/16

Continued remnant mining on the Western Flank

H2 2016 focus on refining understanding of the Aurora B discovery on the East Flank

Working with regulators to establish a path forward for Bill Hill Project

H1 2015 H1 2016

Gold Production (kozs) 19,207 17,083

Gold grade (g/t) 1.66 1.46

Recovery (%) 81.7% 79.8%

Operating Cash Costs (US$/oz) $884 $1,143

AISC (US$/oz) $988 $1,264

Stawell Gold Mine

Gold

Pro

duction o

z

20TSX:NMI

Stawell 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

21TSX:NMI

Stawell Mine Aurora B Discovery Section

Maiden Inferred Mineral Resource of 30,400 ounces grading 3.5g/t gold. The grade of the Aurora B Inferred Mineral Resource is 42% greater than the underground Mineral Reserve grade

East Flank TargetAurora A

Traditionally mined West Flank total production to date 2.3 million ounces

Magdala

13.7 g/t gold over 5.45 m

Drilling underway

Aurora B located approximately 500m above Aurora A

22TSX:NMI

Financial Results (000’s US$ except per share amounts) Q2 2016 Q2 2015 YTD 2016 YTD 2015

Gold ounces produced 61,191 55,998 119,248 115,674

Gold ounces sold 62,223 55,154 120,019 116,447

Revenue 78,039 66,044 144,094 138,941

Cost of operations, including royalty expense (41,962) (37,649) (82,511) (79,622)

Depletion and depreciation (7,991) (8,877) (15,944) (20,039)

Mine operating income 28,086 19,518 45,639 39,280

Net income (loss) 16,760 12,072 23,223 27,775

Net income (loss) per share($/share) basic 0.10 0.10 0.14 0.24

Operating Cash Flow 30,999 27,073 49,300 54,559

Capital Expenditures 13,643 17,158 23,078 30,618

Gold Price and Cost per Ounce (US$) Q2 2016 Q2 2015 YTD 2016 Q1 2015

Average realized gold price 1,253 1,196 1,199 1,190

Operating cash costs per ounce sold2 673 681 686 682

All-in sustaining cash costs per ounce sold2,3 937 1,037 923 985

Financial Results Q2 2016 All figures are in United States (“U.S.”) dollars, unless stated otherwise

1. Higher weighted average number of shares outstanding during Q2/16 of 176.3M (basic)

2. See Non-IFRS Disclosures

3. All-In Sustaining Cash Costs per Ounce ("AISC") Includes Corporate General and Administrative Expenses.

23TSX:NMI

Newmarket Gold - Building On Success

•Additional opportunity for operational improvements on quality with a focus on building shareholder value

•Continue cost improvements and efficiencies to further increase real free cash flow

•Strategic capital allocation with a goal to continue mine life expansion at all mines

•Fosterville (drilling at Harrier, up and down plunge expansions of the high grade Phoenix/Lower Phoenix and review of brown field targets)

•Excess mill capacity opportunity at Fosterville, 18% unused +150k tonnes

•Cosmo (drilling at Sliver, Cosmo deeps and a number of additional priority targets) Maud Creek development stage project and potential toll milling opportunities

•Stawell (drilling at Aurora B), advancing the Big Hill development stage project

•Focus on reaching and exceeding peer valuation metrics

•Clear minded focus on M+A to build additional shareholder value

July 2016

24TSX:NMI

$2,242

$3,187 $3,841 $4,053

$4,354 $4,748 $4,831 $4,974

$5,538 $5,600 $5,891

Average: $4,702

4.4x 5.1x

7.4x 7.6x 8.3x 8.5x

9.6x 9.8x 10.6x 11.1x

13.9x

Average: 9.1x

Newmarket Gold - Peer Comparison

Source: FactSet, Bloomberg, company disclosure, available equity research.

Averages exclude Newmarket.

3.7x

5.3x 6.7x 6.8x

7.7x 8.5x 8.6x 8.8x 8.8x 9.2x

13.6x

Average: 8.2x

EV / 2016E Prod. (US$/oz)

Price / Consensus 2016E CFPS (ratio) EV / Consensus 2016E EBITDA (ratio)

1.24x 1.38x

1.61x 1.61x 1.74x 1.77x 1.77x 1.78x 1.84x 1.88x

2.05x

Average: 1.75x

Price / NAVPS (ratio)

25TSX:NMI

Newmarket Gold - Investment Highlights Increasing Cash Position – Q2 2016 Cash US$ 69.9 (~AUD$93) million, 91% increase from Q4 2015 Cash $US 36.5 million

Revised Corporate Guidance – Increased full year production to 225k-235k Au oz and decreased AISC to $900-$975/ oz

Record Consolidated Q2 Production of 61,191 ounces gold – Driven by record production at flagship Fosterville Gold Mine of 37,245 ounces on record grade of 7.50g/t gold and record recovery of 90.8%

Continued Growth Drilling Success at Fosterville - Potential to organically increase production, sustain increased grade profile, & utilize excess mill capacity on new mining fronts

Growth Focused Project Pipeline – Maud Creek Gold Project, Big Hill Gold Project and Aurora B Discovery provide for potential production expansion

Experienced Capital Markets and Operational Team - Proven track record of execution and significant shareholder value creation

Highly leveraged to the gold price in both US and AUD dollar terms – No hedging in place

NEWMARKET OPPORTUNITY

$2,242

$4,702

EV/oz Production EV/oz Production

5.1x

9.1x

Price/2016E CFPS (ratio) Price/2016E CFPS (ratio)

Peer Group1Peer Group1

Newmarket Valuation Newmarket Valuation1. Peer group details slide 8. Source: FactSet, Bloomberg, company disclosure, available equity research. Averages exclude Newmarket, details as at, June 08, 2016.

Robert Dufour Chief Financial Officer, Director

T: +1-604-559-8040

www.newmarketgoldinc.com

Contact Us

Ryan KingVice President, Investor Relations

T: +1-778-372-5611

TSX:NMI