INVESTOR
PRESENTATION
May8,2017
TSX-V: NRG
US: CMBPF
FRANKFURT: X6C
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FORWARDLOOKINGSTATEMENTS
Someofthestatementsinthispresentationcontainforward-lookinginformationand
statementsthatinvolveinherentriskanduncertaintyaffectingthebusinessof
Newrange GoldCorp.Actualresultsmaydiffermateriallyfromthosecurrently
anticipatedinsuchstatements.Exceptforstatementsofhistoricalfacttheinformation
presentedhereinconstitutes“forward-lookingstatements”and“forwardlooking
information”withinthemeaningofthePrivateSecuritiesActof1995andapplicable
Canadianlaws.
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ABOUTNEWRANGEGOLD
Newrange GoldCorp.isajuniorexplorerwithhighly
prospectivegold,gold-copperandpolymetallicprojectsin
theUnitedStatesandColombia.
– Sept.2006:ColombianMinesfounded,timelyentryinto
Colombia
– AcquiredmultiplehighlyprospectiveColombianproperties
– May2008:CompletedIPO
– 2007–2014:SuccessfullyexploredColombianprojects
• Yarumalito,ElDovio andothers
– July2016:AcquiredPamlico project,Nevada,USA
• Unique,nearsurface,high-gradegoldprojectwithneartermgold
recoveryandmulti-millionouncediscoverypotential
– Dec.2016:ChangednametoNewrange GoldCorp.
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PROJECTS
UnitedStates:Nevada
• Pamlico
– Newhigh-gradediscoveryinhistoricdistrict
– Neartermresourcedefinitionandpilotproduction
– Fullypermittedforbulksamplingandpilotmining
Colombia(coreprojects):
• Yarumalito
– Largegold/copperporphyryandhigh-gradeveinsystem
– Combinedmulti-millionouncegoldpotential
• ElDovio
– Goldrich,polymetallicdiscovery
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PAMLICOPROJECT,
NEVADA
Uniqueopportunitytoexploreanddevelopahigh-gradegolddepositinoneofworld’slargestgold
trendswithmulti-millionouncediscoverypotential.
•
LocatedinMineralCounty,Nevada,oneofthemostpro-miningcountiesinpro-miningNevada
•
Situatedwithinthe“WalkerLane”alongE-WtrendingPancakeRangelineament,abeltofgold
depositsthatincludeBodie,Aurora,BorealisandRoundMountain
•
165unpatentedminingclaimscover1,237hectares
•
Underexploredintermsofmodernexploration
•
Historicproductionoforecontaining7,968gramsgoldpermetrictonne1 (g/TAu)
•
Drillinterceptsupto702.5g/TAu(slide8)
•
Undergroundchannelsampling(ofmodern600foot,-15%rubbertireddeclinedevelopedin2013)
donebyNewrange forthefirsttimeeveryieldeddiscoveryofmultiplenewhigh-gradezones(slide
10)
•
Newlydiscoveredsedimenthostedgoldmineralization,outcropsto5.02g/TAu
•
Excellentroadaccessandpowerlinecrossingtheproperty
1RenoEveningGazette,April20,1886
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PAMLICOPROJECT,
NEVADA
NativegoldfromPamlico
Viewfromthefaceofthedecline,looking
towardportal
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PAMLICOPROJECT,
NEVADA
Purchaseoption
• NRGholdstheoptiontopurchase100%oftheproject
• Price:US$7.5millioninopenendedpurchaseoptionagreement
– Annualpayment(July)ofUS$250,000or4%NSR,whicheverisgreater
– PriceisreducedtoUS$4millionifpaidbyJuly2020
– PriceisreducedtoUS$4millionandincludeminingfleet(valuedatUS$1.5
million)ifpaidbyJanuary2018
Royalty
• Projectissubjectto4%NSR(priceisinclusiveofroyaltypayments)
• NRGcanrepurchasetheroyaltyatanytime:
– US$1millionper1%
– Toamaximumof3%
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PAMLICOPROJECT
DRILLING
SelectDrillResultsfromPreviousOwners/Operators
To
(meters)
DrillIntercept
Length
(meters)
AverageGold
Grade
(g/T)
DrillHole
YearDrilled
From
(meters)
M10-04
2010
57.9
64.8
6.9
38.57
M10-05
2010
61.7
64
2.3
165.84
M10-06
2010
56.4
59.5
3.0
21.33
M10-17
2010
54.1
59.5
5.3
36.93
M10-18
2010
48.8
56.4
7.6
21.81
PAM99-01
1999
67.1
74.7
7.6
37.37
PAM99-03
1999
62.5
67.1
4.6
239.66
PRC-36
1993
54.9
61
6.1
15.09
Note: Interceptsareaverageofallsamplesindrilledinterceptlengthwithnogradecappingapplied.
Allinterceptsaredrilledlengthanddonotimplytruewidth.
Additionaldrillresultsavailableatwww.newrangegold.com
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PAMLICOPROJECT- UNDERGROUND
CHANNELSAMPLING
• FirsttimeeversamplingofMerrittdeclineFebruary2017
• 32meters,continuousinterval(sawcut)sampled
providingdrillqualityresults(tablebelow)
• 2newhigh-gradezonesdiscovered
• Mineralizationremainsopentoexpansion
• High-grade+disseminatedmineralizationopensup
potentialforbulkand/oropenpitmining
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PAMLICOPROJECT
UNDERGROUNDSAMPLING
DeclineSawCutChannelSampleResults
From
(meters)
To
(meters)
Length
(meters)
Average
oz/tgold
Average
g/Tgold
0
32.0
32.0
0.205
7.02
Zone 1
9.1
22.9
13.8
0.503
17.25
Incl.
9.1
13.7
4.6
0.772
26.46
Incl.
12.2
13.7
1.5
1.735
59.50
Incl.
19.8
21.3
1.5
1.076
36.90
Zone2
27.4
32.0
4.6
0.316
10.84
Incl.
30.5
32.0
1.5
0.843
28.90
Note: Averagegradesreportedarelength-weightedaverageofallassayswithinthereportedinterval.Nogradecappinghas
beenapplied.Reportedlengthsaresampledlengths.Basedonavailablestructuralinformation,truewidthsareestimatedtobe
90%orgreaterofthesesampleintervals.
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PAMLICOPROJECT
• 165claimscovering
1,337hectares
• Morethan100veins
onpropertywith
historicproduction
• Coveredareaslikely
containundiscovered
high-gradestructures
similartotheMerritt
Zone
Historicalartisanalmining
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PAMLICO STRUCTURE
• “Swarms”ofveinswith
commoncharacteristics
formdiscrete
intersectingtrends
• Intersectionsofmajor
swarmsunexplored
• Onlydrillholecloseto
projectedintersection
resultedin6.2g/TAu
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PAMLICOPOTENTIAL
• High-gradeproductionhistory
• Underexploreddistrict
• Exceptionalpotentialtodiscoverhigh-gradenearsurfacegold
mineralization
• Completelyunexploredatdepthinsamereceptivehostrocks
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PAMLICOPOTENTIAL
• Over100
individualveins
withartisanal
production
• Multiple
unexploredtargets
• Deepesthole
encountersgold
mineralizationup
to6.2g/TAu
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NEWPAMLICOCLAIMS
POTENTIAL
• Outcroppingmineralization
to5.02g/TAuinchemically
favorablesedimentswith
associatedsoilanomalies
• 3kilometerstrikelength
Newrange GoldCorp.
• Highlyfavorablealteration,
geologyandstructure
includingextensive
developmentofjasperoids.
PamlicoProject
MineralCounty,Nevada
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YARUMALITOPROJECT,
COLOMBIA
PropertyandDeposit:
• 1,456hectaresconcessioncoveringlargeporphyrygoldintrusivecomplexandyoungerhighgradeveinsystem,110kmsouthofMedellinwithpavedaccessandcommercialpoweron
property
• Over18,000metersofdrillingconfirmlargeporphyrysystem(Escuela andBalastreras)and
high-gradeveinsystem(CulebraShearZone)
• Expecttocomplete43-101resourceestimateH12017,potentialtohostmulti-millionounce
goldresource(porphyry)
• Columnleachtestsrecovered91.6%goldforoxidemineralizationcrushedto½inch,80.6%
fortransitionand63.0%forsulfidemineralizationat10meshcrush,indicatesdepositis
amenabletoopenpitheapleachrecoverymethods
• Favorabletopographyfor(lowstripratio)300-400milliontonneheapleachoperation
• High-gradeCulebraShearZone- 2.5kmstrikeand1,000meterdipdevelopment,drill
interceptsto1.9metersaveraging33.75g/TAu.Onlysixholesdrilledtodate.Geologically
similartoContinentalGold’sBuritica deposit
• Othervirtuallyunexploredgeochemical,geophysicalandgeologicaltargets
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ELDOVIOPROJECT,
COLOMBIA
Property:
• 10,106hectaresconcession,covershigh-grade,goldrichpolymetallicsystem120kmnorth
ofCali,Colombia
• Newrange has100%ofsurfaceandmineralestate,nothirdpartypaymentsorroyalties
• “Stringer”mineralizationzone,10-68meterswideand1kmlongatsurface.Drilltestedmore
than220metersdowndip
– TrenchResults:
• T2:68metersaveraging4.7g/TAu,6.2g/TAg,0.5%Cu,0.5%Zn
• T6:6metersaveraging13.0g/TAu,43.4g/TAg,5.9%Cu,1.4%Zn
– Typicaldrillresults:
• D13-02:12.4metersof4.0g/TAu,20.0g/TAgand4.2%Cu(from79.5meters)
• D13-05:6.9metersof5.9g/TAu,34.3g/TAg,5.9%Cuand1.3%Zn(from86.5
meters)
– Metallurgicaltestsyieldedrecoveriesof96.4%forgold,91.1%forsilver,97.8%for
copperand96.8%forzincwithconventionalflotation
• VMSreceptivehorizonupto100metersinapparentwidthremainsunexplored
• Poweronproperty
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ANORICONCESSION,
COLOMBIA
•
•
•
•
High-grade“MotherLode”type,narrowveintarget
SurroundsoperatingMinaSolferino
OptionedtoMinaSolferino
Terms
– US$820,000cashinstagedpayments
– NRGretains1.5%NSRroyaltyonproductionfromproperty
– US$320,000“earlypurchase”optionifpaidonorbeforeApril19,2017
– Securedby5%NSRoverridingroyaltyonMinaSolferino production
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MANAGEMENT&
DIRECTORS
RobertG.Carrington,BSc.,President&CEO,Director
• PGeo,RPEngineeringGeologist,QPRegisteredGeologistandaRegisteredEngineeringGeologist
withmorethan35yearsexperienceinexploration,developmentandproduction
• Extensiveseniorandexecutivemanagementinjuniorsector
• EarlyColombianexploreractivesince1992,co-founderofColombianMines
DavidSalari,IndependentDirector
• MetallurgicalEngineer,withworld-wideexperienceindesign,construction&operationof
extractivemetallurgicalplants
RonSchmitz,IndependentDirector
• Extensiveexperienceinthegovernanceofjuniorsectorcompanies,astrongfinancialbackground
andcurrentlyontheboardsofBlackbirdEnergyInc.andBlackLionCapitalCorp.
PaulWang,IndependentDirector
• Extensivebankingandfinancialbackgroundspecializinginnaturalresource,mergersand
acquisitions
DavidCross,CFO
• Extensivejuniorsectorexperienceinfinanceandcorporategovernance
GloriaA.Carrington,President,Corporación Minera deColombia/CountryManager
• BornandraisedinMedellin,Colombia,studiedlawatUniversityofMedellinwithextensive
businessandlegalbackgroundinColombia
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TECHNICALTEAM
RobertG.Carrington,BSc.,PGeo,QPRegisteredGeologistandRegisteredEngineeringGeologist
DavidSalari,MetallurgicalEngineer,P.Eng.QP
R.DavidRussell,BSc.MiningEngineering
• Mr.RussellhasheldnumerousmanagementpositionsincludingVP&GMatvariousunderground,open
pit,millingandheapleachingoperationsatoperationsproducingupto325,000ouncesofgoldperyear
• SuccessfullyrebuiltGetchellGoldandstartedupApolloGoldwherehewasCEO
NathanA.Tewalt,BSc.,PGeo.
• Over25yearsofexperienceinexplorationandexecutivemanagement;anexplorationgeologist
specializingingold
• FormerPresident&CEOofStandardUraniumInc.
• FounderandoriginalCEOofGreatBasinGoldwhereheandhisteamdiscoveredtheHollistermine
• Heisaco-founderandoriginalCEOofColombianMines(2007–2012)
ThomasChadwick,BSc,CPG
• Mr.ChadwickisaCertifiedProfessionalGeologistwithover30yearsofmineralexplorationand
production-relatedminingexperience
• Mr.Chadwickhasbeeninstrumentalinanumberofdiscoveriesduringhiscareer,includingtheMontanore
depositinMontanaandtheHollistermineinNevada
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SHARESTRUCTURE
No.Shares
Strike price
Expiration
Sharesissued
(May 8,2017)
63,533,435
Warrants
18,617,001 $0.12-$0.45
Nov.2018– May2019
Warrants(RMM)
1,700,000 $0.15-$0.45
Nov.2018– Nov.2021
Options
5,019,798 $0.05-$0.29
Oct.2017– Mar. 2022
Sharesfullydiluted
88,870,234
• Tightlyheldsharestructure
• 20largestshareholdersownapproximately70%oftheissuedshares
• Noshareconsolidationincompanyhistory
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INVESTMENTTHESIS
WhyinvestinNewrange Gold:
• Experiencedmanagementteamwithaproventrackrecordof
discoverysuccessandpropertyacquisitionintheUnitedStatesand
Colombia
• Largescale,potentially highvaluecreating,gold,silver,copper
explorationprojectsinNevadaandColombia
• Nearterm,high-grade,lowcostgoldrecoverypotentialandmultimillionounce(gold)discoverypotentialatPamlico,Nevada
• ExpectedYarumalito (Colombia)maidengold/copperporphyry
resourceestimateinH12017
• Costefficientjuniorexplorationcompanywithtight/highly
concentratedshareownershipstructure
• Allassetsinmining-friendlyjurisdictionswithyear-roundaccess
• Additionalprojectsbeing reviewed foracquisitionintheUnitedStates
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COLOMBIAPROJECTPHOTOS
Photos,clockwisefromtopleft:DrillingalongpavedroadatYarumalito,Drilling
atElDovio,High-gradegold-copperrichmassivesulfidecoreElDovio,Country
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Manager,GloriaCarringtoninspectingAnori concession.
CONTACT
SharonHebgin
CorporateCommunications
Phone:604-669-0868or760-898-9129
Email: [email protected]
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