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Bankan Project Current State Of Play

Inferred Mineral High-grade zone A$4.0/oz

Resource of 72.8Mt @ recently discovered, = US$2.9/oz
presents significant

1.56g/t Au potential for further growth Resource discovery cost per ounce

containing 3.65 million ounces

Metallurgical Work 17 months 356km 2

Scoping study-level metallurgical testwork From NE Bankan discovery in an emerging world-class

very promising with no recovery issues drillholes to MRE announcement gold discovery hotspot,
identified Guinea’s Siguiri Basin

NewGenGold Nov 2021| 3