Newmarket Gold Pitch Deck: 35-Slide Breakdown

See all 35 slides of the Newmarket Gold pitch deck, with a slide-by-slide teardown of what the deck does well and where it falls short.

Newmarket Gold’s April 2016 presentation is a data-heavy investor deck designed for a public-market audience (TSX:NMI). The deck focuses heavily on the company's transition into a low-cost producer, anchored by its flagship Fosterville Mine. With a cash balance of US$52.1 million and minimal debt of US$1.5 million (Slide 5), the company positions itself as a stable, high-growth alternative to its peers. The presentation uses sophisticated mining metrics—such as All-In Sustaining Costs (AISC) and gold grade (g/t Au)—to demonstrate operational efficiency. By comparing its trading multiples to r…

Key takeaways

Introduction and Market Context

The Newmarket Gold investor presentation from April 2016 is a technical, data-driven document designed for the public markets. Listed on the TSX (NMI) and OTCQX (NMKFT), the company uses this deck to communicate a transition from a junior producer to a mid-tier gold powerhouse. The cover slide (Slide 1) sets a professional tone with an aerial shot of a processing facility and a clear three-pillar thesis: Exceptional Team, Solid Production, and Significant Valuation Upside.

Slide 5: Strong Financial Position

This slide is a comprehensive snapshot of the company's fiscal health. It breaks down the balance sheet as of March 31, 2016, reporting a Cash Balance of US$52.1 million and a remarkably low Debt of US$1.5 million . The capital structure section reveals 174.7 million shares issued and outstanding, with a market capitalization of US$390 million as of April 08, 2016. A key highlight here is the institutional backing: Luxor Capital Group LP holds 28.7% and renowned mining investor Eric Sprott holds 8.7%. The slide also includes a bar chart showing 'Consensus Estimated Operating Cash Flow,' projecting a rise from $76.5 million in 2015A to $117.7 million in 2017E , signaling strong forward momentum.

Slide 9: Newmarket Gold/Lake Shore Gold Value Comp

Slide 9 is perhaps the most critical slide for an investor looking for 'alpha.' It provides a direct comparison between Newmarket Gold (NMI) and two recent 'takeouts' (acquisitions): Lake Shore Gold (LSG) and Claude Resources (CRJ). The table shows that NMI’s 2015 production of 223 koz Au exceeded both LSG (179 koz) and CRJ (76 koz). Despite this, NMI was trading at a P/CF (Price to Cash Flow) of 4.23x , significantly lower than the 6.90x and 6.21x multiples paid for the other two companies. By highlighting an EV/2015 Production of $1,630/oz against LSG’s $3,446/oz, the company makes a data-backed argument that it is trading at a steep discount to its peers.

Slide 13: Flagship Fosterville Mine – Low Cost Producer

This slide focuses on the company's crown jewel: the Fosterville Mine. It lists several 'Record' achievements, including 2015 production of 123,095 oz and a record grade of 6.11 g/t Au. More impressively, it shows the trend is improving, with Q1/16 record grade hitting 7.34 g/t Au . The financial efficiency of the mine is underscored by an All-In Sustaining Cost (AISC) of $781 per ounce in H2 2015. The slide also mentions the discovery of the 'Lower Phoenix Gold Zone,' which is described as a high-grade, visible gold-bearing system open for expansion, providing a geological catalyst for future growth.

Slide 17: Operations Overview

Slide 17 provides a granular look at the three main operating assets: Fosterville, Stawell, and Cosmo. It uses a comparative table to show 2014 actuals, 2015 actuals, and 2016 guidance. Fosterville is clearly the leader, with 2016 guidance set between 110,000 and 120,000 ounces. The Cosmo Operation is shown to have a higher AISC ($1,154 in 2015) compared to Fosterville, but still contributes significantly to the total production volume. A stacked bar chart on the right visualizes the 2015 production mix, showing that 55% of total gold production (222,671 oz) comes from the high-margin Fosterville mine.

Slide 21: Newmarket Gold Advantage

This slide serves as a summary of the company’s competitive moats, categorized into People, Operations, Discoveries, and Growth. Under 'People,' it claims the founders have created over $30 billion of shareholder value and notes a $12M investment by the team, ensuring alignment. The 'Growth' section defines the ultimate goal: becoming a 'quality intermediate gold producer' with 400-500 koz of annual production . This slide transitions the deck from historical performance to future ambition, emphasizing a strategy of both organic growth and 'prudent accretive acquisition.'

Slide 25: Appendix – Gold Price in AUD

Mining decks often include macro context, and Slide 25 provides a historical chart of the gold price in Australian Dollars (AUD). It notes a Current Spot Gold price of AUD$1,716/oz as of March 1, 2016. Since the company’s mines are in Australia but it reports in USD, a strong AUD gold price combined with a favorable exchange rate is a key driver of profitability that investors need to understand.

Slides 29 & 33: Geological Appendices

The final two slides provided are highly technical geological cross-sections. Slide 29 details 'New Discoveries' at Fosterville, citing massive intercepts like 386 g/t Au over 9.15 meters at the Eagle Fault. Slide 33 focuses on the Stawell mine's 'Aurora B East Flank,' noting it is a significant event in the mine's long history with high-grade intercepts of 7.06 g/t gold over 17.80 meters . These slides are intended for technical analysts to verify that the 'Growth' and 'Discovery' claims made earlier in the deck are supported by actual drilling data.

What Newmarket Gold Does Well

The deck excels at transparency and benchmarking . By providing exact AISC figures and comparing them to industry takeouts, the company removes the guesswork for investors. The use of 'Record' metrics (Slide 13) creates a narrative of a company that is not just stable, but actively improving its operational efficiency. Furthermore, the inclusion of technical drilling data in the appendix (Slides 29, 33) provides the 'proof of work' necessary in the resource sector to justify valuation premiums based on future reserves.

What is Missing from the Deck

While the deck is strong on operations, it is light on specific management biographies . Slide 21 mentions '$30 billion in value created,' but the provided slides do not list the specific names or past companies of the leadership team, which is a standard requirement for most investor presentations. Additionally, there is no explicit 'Use of Proceeds' or 'Ask' slide in the provided selection; while this is common for a general investor update for a public company, it leaves the viewer wondering if the company is currently seeking to raise capital for a specific acquisition or if this is purely a secondary market awareness play.

What Other Founders Can Copy

Founders in capital-intensive industries should emulate Newmarket Gold’s 'Value Comp' approach (Slide 9) . Instead of simply stating they are undervalued, they provide a multi-metric table (EV/Production, P/CF, P/NAV) that forces the investor to reach the same conclusion. Additionally, the 'Operations Overview' (Slide 17) is a model of clarity; by showing 2014, 2015, and 2016 guidance side-by-side, the company demonstrates a track record of meeting or exceeding targets, which is the most effective way to build investor trust.

Frequently asked questions

What is the primary value proposition of Newmarket Gold in this deck?
The primary value proposition is that Newmarket Gold is a 'Low Cost Producer' with 'Significant Valuation Upside.' The deck argues that the company’s operational excellence—specifically at the Fosterville Mine—is not yet fully reflected in its stock price when compared to recent acquisitions in the gold sector, such as Lake Shore Gold.
How does the company justify its 'undervalued' status?
On Slide 9, the company presents a 'Value Comp' table. It shows that while Newmarket Gold (NMI) has higher production (223 koz Au) than Lake Shore Gold (179 koz Au), its EV/2015 Production multiple was only $1,630/oz, compared to LSG’s takeout multiple of $3,446/oz. This suggests a significant gap between current trading price and potential acquisition value.
What are the key production assets mentioned?
The deck highlights three main Australian operations: Fosterville, Stawell, and Cosmo. Fosterville is the flagship, accounting for 55% of 2015 production (123,095 oz). Cosmo contributed 63,255 oz, and Stawell contributed 36,321 oz (Slide 17).
Who are the major shareholders and management mentioned in the deck?
Slide 5 lists Luxor Capital Group LP (28.7%) and Eric Sprott (8.7%) as major shareholders. Management and the Board hold 8%. Slide 21 notes that the founders have created over $30 billion of shareholder value in previous ventures, though specific names are not listed on the provided slides.
What is the company's long-term growth strategy?
As stated on Slide 21, the vision is to reach annual production of 400,000 to 500,000 ounces. This is to be achieved through a combination of 'internal organic growth' (new discoveries at existing mines) and a 'prudent accretive acquisition strategy.'
Cover slide of the Newmarket Gold pitch deck
Newmarket Gold pitch deck, slide 1

Newmarket Gold pitch deck: the facts

Company
Newmarket Gold
Slides
35
Sector
Mining & Natural Resources

Newmarket Gold pitch deck PDF

The full Newmarket Gold deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

What the Newmarket Gold Inc. pitch deck was used for

This deck is Newmarket Gold Inc.’s **April 2016 investor presentation**, circulated on SlideShare under the title “April 2016-investor-presentation.” It presents the company as a Canadian gold producer with three operating underground mines in Australia producing over 200,000 ounces of gold annually, anchored by the flagship Fosterville Gold Mine. The presentation focuses on operational performance (record quarterly production and grade, low costs, and strong cash position) and comparative valuation to argue for significant valuation upside, rather than marketing a specific primary equity or debt raise. The deck predates the later all‑stock business combination with Kirkland Lake Gold announced in September 2016, and is positioned as a general investor/marketing and capital markets communication tool rather than a discrete funding round deck.

Business model: Canadian gold producer operating three 100% owned underground gold mines in Australia (Fosterville and Stawell in Victoria, Cosmo in the Northern Territory), generating revenue from gold production and sale.

Industry
Mining & Natural Resources – Gold production.

Headquarters: Canada (described in filings and press as a Canadian gold producer; precise city headquarters not stated in the retrieved materials).

What happened after the Newmarket Gold Inc. deck

Following the April 2016 investor presentation, Newmarket Gold continued to deliver strong production and cost performance at its three Australian underground mines, with particularly notable results at the flagship Fosterville Gold Mine. Later in 2016, Kirkland Lake Gold agreed to acquire Newmarket in a C$1.01 billion all‑stock transaction, positioning the combined entity as a low‑cost, mid‑tier

What the Newmarket Gold Inc. deck got right

What could have been stronger

How an investor would read this deck

What draws attention

Risks that stand out

Questions this deck invites

What founders can take from the Newmarket Gold Inc. deck

Newmarket Gold Inc. pitch deck: common questions

What does Newmarket Gold do and where are its mines located?

Newmarket Gold Inc. is described as a Canadian gold producer with three 100% owned underground gold mines in Australia: the Fosterville and Stawell gold mines in the state of Victoria and the Cosmo gold mine in the Northern Territory. The mines collectively produced over 200,000 ounces of gold per year at the time of the 2016 investor presentations.

What are the main highlights of Newmarket Gold’s April 2016 investor presentation?

The April 2016 investor deck highlights a strong balance sheet with **US$52.1 million in cash** and approximately **US$1.5–1.6 million in debt** as of Q1 2016, three producing mines in Australia with more than 200,000 ounces of annual gold production, and record quarterly results at the Fosterville Gold Mine. It also emphasizes low operating cash costs and all‑in sustaining costs (AISC), high‑grade production and exploration upside at Fosterville, and management’s equity ownership and alignment with shareholders.

What production and cost metrics does Newmarket Gold report in the deck?

The deck states that Newmarket Gold had **three 100% owned operating gold mines in Australia** producing over 200,000 ounces annually, with record Q1 2016 production at Fosterville (33,138 ounces). Later 2016 investor materials disclose consolidated production guidance of **225,000–235,000 ounces of gold for 2016**, with year‑to‑date operating cash costs of **US$686/oz** and AISC of **US$923/oz** and cash of **US$69.9 million** as of June 30, 2016.

What ultimately happened to Newmarket Gold after this 2016 presentation?

According to press releases and merger announcements, Kirkland Lake Gold agreed in late September 2016 to acquire Newmarket Gold in an **all‑stock transaction valued at approximately C$1.01 billion (about US$770–771 million)**, creating a new mid‑tier, low‑cost gold producer with operations in Canada and Australia. Under the arrangement, Newmarket shareholders were to receive **0.475 post‑consolidation Kirkland Lake shares for each Newmarket share**, implying a price of about **C$5.28 per Newmarket share** and giving Kirkland Lake shareholders approximately **57%** and Newmarket shareholders **43%** of the combined company.

Was the April 2016 investor presentation used for a specific fundraising round?

No sources retrieved indicate that the April 2016 deck was tied to a specific, named equity or debt financing round with a disclosed target amount or valuation. Instead, the deck functions as a broad investor and marketing presentation highlighting operational metrics, financial strength, and valuation upside in the months leading up to the later announced all‑stock combination with Kirkland Lake Gold.

Sources

Funding and outcome facts on this page were researched on 2026-08-21 from the pages below.

Newmarket Gold pitch deck slides

Newmarket Gold pitch deck slide 1 of 35
Newmarket Gold pitch deck — slide 1 of 35
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Newmarket Gold pitch deck — slide 2 of 35
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Newmarket Gold pitch deck — slide 3 of 35
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Newmarket Gold pitch deck — slide 4 of 35
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Newmarket Gold pitch deck — slide 5 of 35
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Newmarket Gold pitch deck — slide 6 of 35

What each slide of the Newmarket Gold pitch deck says

Slide 1

Newmarket Gold TSX:NMI OTCQX:NMKTF April 2016 Exceptional Team, Solid Production, . Significant Valuation Upside

Slide 2

Forward-looking Statements Certain information set forth in this presentation contains "forward-looking statements", and "forward-looking information under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include the Company'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 stat…

Slide 3

Newmarket Gold Highlights ® Excellent capital structure US$52.1M cash (A$72.0M equivalent) and US$1.5M debt ® Experienced capital markets and operational team with a proven track record of execution and significant value creation O] Three 100% owned operating gold mines in Australia with sustainable production of over 200,000 ounces annually with strong cash flow (all production unhedged) Record Q1, 2016 Fosterville Gold Mine Production (33,138 ounces) New mine site discoveries leading to organic production growth Disciplined gold asset consolidation strategy ®© ® © ® Highly leveraged to the AUDS gold price (A$1640, April 8,2016) NEWMARKET OPPORTUNITY Peer Group! Peer Group! EV/oz Productio…

Slide 4

NEWMARKET GOLD FOUR PILLARS Track record of superior value creation Board and management aligned with shareholders ($12M invested 8% equity ownership) Experienced management team Demonstrated operations excellence Three gold mines in Australia, over 200,000 ounces annual production Strong cash position (USS52.1M1), record low operating cash costs and AISC, prudent capital allocation Delivering on guidance, focus on free cash flow and growth Mineral Reserves at Fosterville increased 34% with a grade increase of 25% to 6.95g/t gold? Three new mine site gold discoveries close to current infrastructure Significant resource expansion opportunities at all mines New Eagle visible gold discovery at…

Slide 5

Balance Sheet Cash Balance ($M)! Us$52.1 CAS JH Working Capital (incl. Cash)($M)* US$38.0 ———————————— OTR me uns . nion TSX:NMI OTCQX: NMKTF Capital Structure & Ownershi re p p Debt $1.5 Million Issued and Outstanding (M) 174.7 oe ) i Consensus Estimated Operating Cash Flow Market Capitalization (M) (os ot Apri 05, 2016) US$390 Fs prem Options (M) 10.5 Performance Share Units (M) 4.0 Warrants®* 0.9 $74.2 $76.5 Fully Diluted (M) 190.1 Eads Luxor Capital Group LP 28.7% Eric Sprott 8.7% Management/Board (basic) 8% Average Daily Volume 2013A 2014A 2015A 2016E 2017 30 day 2,000,000 Source: 2013-2014 Actuals, 2016E-2017€ ~ Factset Consensus. 1. AS ot March 31, 2016 2. Excludes 11,438,820 warrant…

Slide 6

EXPERIENCED VALUE CREATION TEAM Raymond Threlkeld Chairman ALIG N E D W ITH Douglas Forster President, CEO & Director Blayne Johnson Executive VP, Director S H A R E H 0 I D E RS Lukas Lundin Director Randall Oliphant Director ® Low G&A ona per oz baSIS: Diiren Hal Chief Operating Officer currently US$27/0z vs peers at US$56/0z Doug Hurst VP Corporate Development ® Strong FOU nders Sha re Robert Dufour Chief Financial Officer . - ownership: €$12 million currently Robert Getz Director . invested (8% issued and outstanding) Kevin Conboy Director Edward Farrauto Director ® Aligned PSU Vesting Plan based Michael Vint Director on share price performance: lan Telfer Capital Markets . Michael Vitt…

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