NuLegacy Gold - Seeking Alpha

NUG:V │ NULGF:QX Discovering gold in the Cortez Trend, Nevada

~ 100 square kilometers of the

Cortez gold-trend of Nevada ~

NuLegacy GoldC O R P O R A T I O N

Corporate Presentation

MARCH 2018


Why NuLegacy Gold?

Several en echelon

gold deposits

Additional discoveries

being expanded

Strong treasury, supportive

shareholders

Excellent team; professional

planning and execution

Nevada: the 4th largest gold

producing “nation” in the world

1

malaria

blackflies

desert adders

crocodiles

elephant-sized

gold deposits


Controls 98 sq. km in Cortez

trend

World class shareholders

District scale discoveries

Successful governance &

geo team

Accelerating exploration

Overview of the opportunity…

“…to invest in the largest 100% ‘independently’ owned land

package in the famed Cortez gold-trend of Nevada...”

• OceanaGold

• Barrick Gold

• Tocqueville

• Davenport LLC

• Three senior former

Barrick executives

on BOD

• Successful mine

finders & financiers

• C$8.0 million

treasury

• Drilled 43,000 feet

(48 holes) in 2017

• Identifying new

targets

• Larger program to

commence March

2018

• Several Carlin style

gold deposits

• One epithermal gold

prospect…so far

• On strike with

three of Barrick

Gold’s best gold

deposits1

2


Capital StructureOwnership Distribution

CAPITAL STRUCTURE MINERS Shares (millions) %

OceanaGold 47.6 16.2

Barrick Gold 32.0 10.9

INSTITUTIONS

Tocqueville 28.6 9.7

Davenport LLC 14.5 4.9

Ingalls & Snyder 4.0 1.4

PUBLIC ~ 119 ~ 40.3

PRINCIPALS 49 16.6

ANALYST COVERAGE Scarsdale Equities LLC scarsdale-equ.com Mike Niehuser [email protected]

VSA Capital vsacapital.com Oliver O’Donnell [email protected]

CAPITAL STRUCTURE Shares Outstanding 293.8 million

Warrants 10.2 million

Options 34.4 million

Fully Diluted 338.4 million

52 Week Range C$ 0.16 - 0.34 /share

Market Capitalization ~ C$ 60.0 million

Cash ~ C$ 8.0 million

Proceeds On Exercise of Options & Warrants ~ C$ 23.4 million

3


Nevada’s Target Rich Gold Trends

Bald Mtn.

Lone Tree

Phoenix

Cove

MarigoldGold Quarry

Emigrant

Goldstrike

Ruby Hill

Hollister

Goldrush

Cortez Hills

Pipeline

Red Hill property straddles the

convergence of the Cortez trend

and the North Nevada Rift – two

proven gold producing structures.

Cortez segmentof the Battle Mtn. trend

• Several greater than 20m ounces gold deposits

• 250+ m ounces mined

• 5.5m ounces produced in 2016

• 80% of US and 10% of world production

Mule Canyon

Fire Creek

Mt. HopeGold Bar

Tonkin Springs

Turquoise Ridge

Twin Creeks

Alligator Ridge

Carlin

Meikle

Bootstrap BetzePost

Horse Canyon

Gold Acres

Buckhorn

Iceberg

Midas

Hilltop

NuLegacy’s

Red Hill

property

• Politically stable

• Huge gold endowments

• Benign geography

• Superior logistics

4


Dr. Roger Steininger,

NuLegacy’s CGO credited

with discovering:

• Pipeline in 1989

• Iceberg in 2012

1922 - Gold Acres ~2.2 M oz.

N

VIO Iceberg

Serena

1989 - Barrick’s Pipeline ~21+ M oz.

1966 - Placer Dome’s Cortez ~1.4 M oz.

1999 - Barrick’s Cortez Hills ~15+ M oz.

1975 - Buckhorn ~1.2 M oz.

2010 - Barrick’s Goldrush ~10+ M oz.

Cortez TrendClusters of Carlin-Type Gold Deposits

NuLegacy’s 98km21

RED HILL PROPERTY

Avocado

5


Red Hill Property’s Gold Zones

• Five mineralized

zones over six km

strike length

• Test leaching

recoveries of

74.5+%3

• Multiple gold bearing

horizons/open in

multiple directions

North Iceberg

Central Iceberg

South Iceberg

Western Slope

fault zone

1.0 km

Avocado Zone

Serena Zone

~ 2 km separation; no drilling to date ~

RED HILL PROPERTY98 sq. km (38 sq. miles)

VIO Zone

4km west

6


Iceberg Grade Thickness

Legend

> 50 g/t m

> 20 g/t m

> 10 g/t m

5 - 10 g/t m

A

A’

1 Mile1 Km

7

Serena Zone

Central Zone

North Zone

South Zone


Central Zone Cross-Section

Tv

Dhc

Dw

RHB-42: 24.3m at 0.67 gpt

RHB-8: 47.2m at 0.73 gpt

RHB-46: 27.4m at 0.73 gptRHB-34C: 18.3m at 1.60 gptAnd 4.6m at 5.47 gpt

JD-74: 21.3m at 2.23 gpt

JD-75 27.5m at 2.03 gpt

RHB-29C 12.2m at 1.57 gpt

JD-70 32.0m at 0.81 gptAnd 22.9m at 0.59 gpt

RHB-43 51.9m at 0.52 gpt

8


Central Zone Highlights

2017 - CENTRAL ZONE MINERALIZATIONSelected multi-meter multi-gram intercepts4

Hole Intercept (m) Thickness Grade Grade*thickness

number From To (m) (gpt) Gram-meters

RHB-06 120.4 147.8 27.4 1.26 34.5

including 128.0 138.7 10.7 2.57 27.5

RHB-08 120.4 167.6 47.2 0.73 34.5

including 131.1 160.0 28.9 1.01 29.2

RHB-30C 128 140.2 12.2 3.16 38.6

RHB-34 30.5 48.8 18.3 1.60 29.3

including 44.2 48.8 4.6 5.47 25.2

RHB-43 97.5 149.4 51.9 0.52 27.0

RHB-46 96.0 123.4 27.4 0.73 20.0

RHB-60 120.4 155.4 35.0 1.04 36.4

including 141.7 149.4 7.7 3.64 28.0

JD-32 36.6 91.4 54.8 1.01 55.3

including 67.1 77.7 10.6 4.08 43.2

JD-74 112.8 134.1 21.3 2.23 47.5

JD-75 97.5 120.4 22.9 2.40 55.0

9


Serena Zone & North Zone Connecting The Dots

Serena

Zone

IN17-05: 21.4 m of 2.85 gpt

including 4.5m of 9.76 gpt gold

Discovery Hole

SR17-01: 50.3m of 1.00 gpt gold

North Iceberg

SR17-08c: 32.6m of 2.05 gpt

including 3.2m of 14.7 gpt gold

A

A’

Legend

2017 Holes

2013-16 Holes

Historic Holes

10


A A’

Tv

Dhc

Dw

Au g/t

North Zone Cross-Section A-A’

RHB-96C: 14.8m at 2.11 gptSR17-09: 33.5m at 0.50 gpt

Including 7.6m at 0.98 gpt

RHB-17: 41.2m at 1.02 gptIncluding 10.7m at 3.46 gpt



SR17-01: 50.3m at 1.00 gpt


SR17-08C: 32.6m at 2.05 gpt


11


Serena Zone Highlights

2017 - SERENA ZONE MINERALIZATION

Selected multi-meter multi-gram intercepts4

Hole Intercept (m) Thickness Grade Grade*thickness

number From To (m) (gpt) Gram-meters

IN17-05 123.4 144.8 21.4 2.85 61.0

including 131.1 135.6 4.5 9.76 43.9

SR17-01 150.9 201.2 50.3 1.00 50.3

including 173.7 187.5 13.8 2.27 31.3

SR17-02 173.7 185.9 12.2 0.67 8.2

SR17-04 135.6 157.0 21.3 0.85 18.1

SR17-06 123.4 164.6 41.2 0.77 31.7

including 140.2 150.9 10.7 2.37 25.4

SR17-08c 153.2 185.8 32.6 2.05 66.8

including 153.2 163.5 10.3 5.93 61.1

including 153.2 156.4 3.2 14.74 47.2

SR17-09 219.5 253.0 33.5 0.50 16.8

12


North Zone Highlights

NORTH ZONE – OXIDIZED MINERALIZATIONSelected multi-meter multi-gram intercepts greater than 1.0 gram4

Hole Intercept (m) Thickness Grade Grade*thicknessnumber From To (m) (gpt) Gram-meters

RHB-17 71.6 112.8 41.2 1.02 42.0

including 88.4 99.1 10.7 3.46 37.0

RHB-35 77.7 109.7 32.0 1.23 39.4

including 86.9 97.5 10.6 3.32 35.2

RHB-40 97.5 138.7 41.2 3.92 161.5

including 121.9 126.5 4.6 25.21 116.0

RHB-49 38.1 109.7 71.6 0.78 55.8

including 45.7 54.9 9.2 2.19 20.1

RHB-58 131.1 166.1 35.0 3.41 119.4

including 141.7 149.4 7.7 7.30 56.2

RHB-64 68.6 120.4 51.8 1.27 65.8

including 80.8 91.4 10.6 4.51 47.7

RHB-68 128.0 161.5 33.5 2.46 82.4

including 137.2 150.9 13.7 5.11 70.0

RHB-82 54.9 76.2 21.3 2.16 46.0

including 61.0 65.5 4.5 6.09 27.4

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Multiple Zonesopen in multiple directions

Serena Zone

North Iceberg

Gold Deposit

Barrick’s Gold Rush~10.0M ounces of gold @10.2 gpt2

Avocado Zone

2km

VIO Zone

14


Avocado Zone

N

AW17-04C

AW17-01

AW17-02

AW17-03

BRH07-019

AE17-01PRH0509

RHB12-004AVB14-001

AVB16-004c:30.3m at 0.56 gpt


AW17-05c:33.3m at 0.61 gpt

AVB16-002:35.1m at 0.50 gpt


AVB16-002

AVB16-003:25.9m at 1.04 gpt

Legend

2017 Holes

2014-16 Holes

Historic Holes

15

AVB16-004C

AVB16-003

AW17-05C


“….*two of NuLegacy's geo-team were instrumental in the discovery of three of Barrick Gold’s best performing gold mines…”

Exploration Team ‘old school / new school’

Derick Unger, MSc Geo. Chief Geologist

Contributed to discoveries of sediment-hosted (Cove, Gordonsville) and volcanic-hosted (Midas) deposits.

Roger Steininger, PhD Chief Geoscience Officer, Director

Discovered 21+ million ounces Pipeline mine*, Iceberg and Avocado gold deposits

Alex Davidson, MSc Ec Geo. Independent Director

Co-discovered the 8.5+ million ounces Lagunas Norte mine*

Edward L. Cope, MSc Ec Geo. Independent Director

Led team that added ~ 50 million ounces to Barrick’s Nevada gold endowment

Bryan Kellie, BSc Project Geologist

Charles Weakly, BSc District Geologist

Denise Dowell, BSc Geo-tech Administrator

Emily Sudholt, BSc Geologist

Garrett Frey, BSc Senior Geologist

John Katseanes, BSc Geo-technical database architecture

Robert Springs, BSc Geologist

William Mounts, DICAT Drilling Supervisor

16

http://nulegacygold.com/s/ChairmanUpdate.asp?ReportID=782753&_Type=Chairman-Updates&_Title=Old-School...New-School-...Symbiosis.


Corporate Team

“... track records of successfully securing and advancing high-quality assets to production…”

MANAGMENT:

Albert Matter Executive Chairman, Director Co-founder Alamos Gold Inc, NuLegacy Gold

James Anderson Chief Executive Officer, Director Co-founder Alamos Gold Inc., NuLegacy Gold

Danny Lee VP Administration & Chief Financial OfficerManaged Eagle Hill & Oban merger to become Osisko Mining

Frank Lagiglia Investor Communications Manager

Michelle Savella Executive Assistant

JoAnn Newbury Community Liaison Officer, Nevada

INDEPENDENT DIRECTORS:

Alex Davidson Dir, Yamana Gold Inc.- former EVP Barrick Gold

Alan Hill Chair, Teranga Gold Corporation – former EVP Barrick

Edward Cope Former VP Exploration, North America Barrick Gold

ADVISORY COUNCIL:

Glen Darou Retired CFO, Shell Canada

John Budreski President & CEO, Morien Resources

Stuart Angus Chair, Nevsun Resources

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2018 Exploration Acceleration

Calculating maiden resource on 35% of

Iceberg with sufficient drill density

40,000ft/12,000m drill program

starting March 2018

Combining old school “know-how”

and new school technology

Continuing emphasis on the discovery

of new, additional gold zones

Find an elephant!

4.

3.

2.

1.

5.

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Why NuLegacy Gold?

Several en echelon gold deposits

Additional discoveries being expanded

Strong treasury, supportive shareholders

Excellent team; professional

planning and execution

Nevada: the 4th largest gold

producing “nation” in the world

Getting bigger with every drill hole

New zones identified every drill season

Our shareholders make us strong

Continuing to add to our talented team

Best place on planet Earth to find a gold deposit

19


Endnotes

1. The presence of gold resources on properties in close proximity (or adjacent) to the Red Hill

property is not necessarily indicative of the gold mineralization on the Red Hill property. To date,

there are no known NI 43-101 mineral resources or reserves on the Red Hill property.

2. As reported by Barrick Gold Corporation, the revised and updated Goldrush resource with an

underground production scenario is significantly higher grade than the previously reported open

pit resource. It contains 8,557,000 indicated ounces of gold within 25.78 million tonnes grading

~10.57 g/t and 1,650,000 inferred ounces within 5.6 million tonnes grading ~9.0 g/t.

3. Preliminary one hour "tumble leach in cyanide" tests conducted by American Assay Labs using

previously assayed 30 gram sample pulps from recent core drilling demonstrated high average

recoveries of 74.5% (within a range of 64.4% to 89.2%) from oxidized Horse Canyon-Wenban

contact horizon material wherein most of the Iceberg deposit's gold is contained.

4. The reported gold intervals may or may not represent true thicknesses and/or widths as there is

insufficient data at this time with respect to the shape of mineralization to calculate its true

orientation. All drilling was conducted by NuLegacy’s drilling contractors under the supervision of

the Company’s project geologist and the chain of custody from project to sample preparation

facility was continuously monitored. The samples were analyzed by American Assay Labs of

Sparks, NV and sufficient commercially prepared standards, blanks, and duplicates were inserted

to assure quality analytical results. Data verification of the analytical results included a statistical

analysis of the duplicates, standards and blanks to ensure accurate and verifiable results.

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Forward Looking Statements

This presentation contains forward-looking statements. Forward-looking statements are statements that

relate to future, not past events. In this context, forward-looking statements often address NuLegacy’s

expected future business and financial performance, and often contain words such as "anticipate",

"believe", "plan", "estimate", "expect“, “ensure” and "intend", statements that an action or event "may",

"might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature,

forward-looking statements involve known and unknown risks, uncertainties and other factors which

may cause our actual results, performance or achievements, or other future events, to be materially

different from any future results, performance or achievements expressed or implied by such forward-

looking statements. Such factors include, among others, risks associated with project development; the

need for additional financing; operational risks associated with mining and mineral exploration; actual

results of current and future exploration activities, fluctuations in gold and other commodity prices; title

matters; environmental liability claims and insurance; reliance on key personnel; the absence of

dividends; competition; dilution; the volatility of our common share price and volume; and tax

consequences to U.S. Shareholders, as well as those factors discussed in NuLegacy's continuous

disclosure documents filed on SEDAR at www.sedar.com.. Forward-looking statements are made based

on management's beliefs, estimates and opinions on the date that statements are made and the

Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and

opinions or other circumstances should change, save as required by applicable law. Investors are

cautioned against attributing undue certainty or reliance upon forward-looking statements.

Dr. Roger Steininger CPG 7417, NuLegacy Gold’s Chief Geoscience Officer and a Qualified Person

under NI 43-101, has reviewed and approved the scientific and technical disclosure contained herein.

March 1, 2018

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Spring In The Cortez Trend

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NuLegacy Gold - Seeking Alpha