1. Investor Presentation – SEPTEMBER 12 2011 NGM:TSX-V

2. Forward Looking Statements
Some of the statements contained in the following material are forward-looking statements and not statements of facts. Such statements are based on the current beliefs of management, as well as assumptions based on management information currently available. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Readers must rely on their own evaluation of these uncertainties.

3. Investment Highlights
Strategically located on prolific Destor-Porcupine fault system
Flagship Garrison Gold Property 100% owned and operated by NGM
NI compliant resources containing over 1.4M total ounces of gold
Preliminary Economic Assessment indicates robust economics for open pit mine
Potential for significant resource expansion
Recently advanced 30,000 meter ongoing drill program for 2011 to 50,000 meters of drilling
Garrcon Gold
Deposit
1.1M OZ
Jonpol Gold
Deposit
300,000 OZ

4. Capital Structure and Share Performance
Share Performance (One Year C$)
TSX Venture Symbol
NGM
Share Price (30 Aug)
$0.41
Share Price (52 week range) $
Issued and Outstanding
Shares
118.0 million
Fully Diluted
148.5 million
Working Capital
$1.5 million
Market Capitalization
$48 million
Breakdown of Ownership
Valgold Resources
~15%
Sprott Asset Management
~14
Dundee Resources
~9%

5. Highly Prospective Land Position
Two main gold deposits
Garrcon Deposit:
Two NI resource estimates-Sept 2010 & June 2011
Surface exposure, bulk mineable potential
Near-term production potential
Mineralization 800 m by 300 m
Open to the
Quartz-carbonate vein stock works in silicous meta sediments
Jonpol Deposit:
NI resource estimate-Oct 2009
117,400 meters historic core in 419 holes
Existing ramp and shaft
Sulfide-rich, HG, narrow vein in mafic, ultra-mafic rocks

6. Located in Prolific Canadian Gold Camp
one of the richest gold mining camps in North America,
an estimated 170 million ounces of gold produced from the area
Road access to the property, along with power and multiple producing gold mines in the vicinity,
ideally situated from an infrastructural viewpoint

7. Garrison Property Map

8. Selected Drill Intercepts
Garrcon Deposit: 50,000 m Drill Program
• Focus on in-filling and expanding known mineralization footprint to depths of meters
• 2010 program = 11,280 meters in 47 holes
• 45/47 drill holes hit significant mineralization
• 15 holes with avg. grades of 1.0 g/t or higher over down hole lengths of at least 50 meters
• Drilling upgraded 576,000 oz. to indicated, and improved the grade of the mineralization
• Total number of assays received since May higher than one ounce per tonne-10
• Two additional diamond drills(4) and one reverse circulation drill in place effectively increasing current 2011 exploration program to 50,000 meters
Indicated & Inferred
(tonnes)
Ounces Au
Au Grad
(g/t)
24.9 m indicated
720,000
0.9
18.6 m inferred
430,000
0.8
Selected Drill Intercepts
Hole ID
Length (m)
Au Grade
(g/t)
GAR-11-70
142.0
1.14
Includes
110.0
1.38
GAR-11-74
61.0
2.32
GAR-10-42
209.0
1.44
GAR-11-71A
66.0
1.94
GAR-11-78
44.0
1.98
GAR-10-46
284.0
1.62
GAR-10-50
95.0
1.30
71.0
1.58

9. Robust Economics Cash costs projected at US$495/oz.
Capex projected at C$156.3 million, including 30% contingency
Total capex and opex projected to be US$649/oz.
NPV of US$287 million
IRR (after tax) of 47% with a 2.2 year payback on an 8 year mine life
Production of 130,000 oz./yr. w/cash flow of $50.5 M/yr.
Demonstrated an economic block model cut-off of 0.30 g/tonne
Assumptions
Gold price of US$1,200
Conventional open pit mining methods
Annualised rate of production: 6.6m tpa of which 4.3mtpa to the mill and 2.3mtpa to heap leach feed
Mill recovery rate of 98%
Heap leach recovery rate of 65%
Preliminary economic assestment date

10. Mineralized Zones
Replace picture 10

11. Garrison Regional Surface Plan

12. Garrcon Deposit: Cross Section
Wide, shallow mineralization down-dip with expansion potential at depth 12

13. High-grade, underground resource with multi-million ounce potential
Jonpol Deposit Overview
Indicated Resource
Inferred Resource
Zone
Tonnes
Au Grade (g/t)
Ounces Au
JP Zone
236,100
7.69
58,380
812,400
4.66
121,750
JD Zone
N/A
168,000
7.37
39,830
RP Zone
12,100
10.91
4,260
124,300
5.05
20,170
East Zone
4,900
3.58
560
451,100
4.47
64,790
TOTALS
253,100
7.77
63,200
1,555,800
4.93
246,540
October 2009 NI Compliant Resource (block 4.07 g/t Au), ACA Howe International
• Comprised of four mineralized zones
• Mined a 50,400 tonne bulk sample at an average grade 8.3 g/t Au in 1997, which produced 13,564 oz. Au from
• Potential to increase resource by incorporating historical drill data
• Existing shaft and ramp for future rehabilitation
High-grade, underground resource with multi-million ounce potential 13

14. Value Drivers Activity 2010 2011 2012 2013 2014 Garrcon Deposit
Activity
2010
2011
2012
2013
2014
Garrcon Deposit
Infill and Definition Drilling
Advanced Exploration Permitting
Production Permitting
Metallurgical Testing
Preliminary Economic Assess.
Bulk Sample
Feasibility and Pit Design
Mine Development
Jonpol Deposit
Re-Logging & Assaying Existing Core
Surface Drilling
Underground Development & Drilling 14

15. Management and Board of Directors
Martin R. Shefsky, President and CEO
Over 25 years in mineral exploration, development and brokerage industry
Previously, he was the founder and director of Regis Resources
Eric E. V. Szustak, CA, Chief Financial Officer
Over 25 years in public accounting and brokerage industry
CFO of Castle Resources
Michael P. Gross, VP Exploration
42 years exploration, mining, mine operations and corporate management
Previously at Hecla Mining, Exall and Royal Oak.
Board of Directors
James C. Gervais, Chairman
Retired from the Canadian Forces in 1993 as Commander of the Army
Patrick A. Culhane, Director
Over 20 years of mineral exploration
Eric M. Moeller, Director
Registered Professional Geologist (South Carolina)
Dennis H. Waddington, Director
Professional Geoscience (ON)
CFO of NWM Mining

16. EV/Total Gold Resource peer-group* relative valuation chart
Comparable Trading Analysis
EV/Total Gold Resource peer-group* relative valuation chart
* Peer group includes Junior gold explorers and developers with a total gold resource within the 0.5 – 2 million oz. range
Source: Dundee Securities, Company Reports, Bloomberg g, Thomson One 16

17. Reasons to Invest
1.46M oz. Au with Expansion Potential
Strategic Location and Infrastructure
•Garrcon deposit contains a shallow, open pit mineable resource with near-term production potential
•Open on strike and at depth
•Metallurgical test work indicating excellent gold recoveries and the free milling nature of the Garrcon mineralization
•Located on prolific Destor-Porcupine Fault System between Timmins and Val d’Or
•Close to St. Andrews Goldfields’ Hollaway Mine and Brigus Gold’s Black Fox Mine
•Excellent infrastructure/labour force
High growth, open pit mineable resource in prolific mining region
Strong Management Team
•Over 100 years of combined geology, mine start-up & mine operations experience
•Significant public market and financing experience