Fletcher Junction Overview

• OVERVIEW
• GEOLOGY
• EXPLORATION
• NEXT PHASES OF WORK

Location: Mineral County, Nevada Size/Ownership: 117 Unpatented Mining Claims owned 100% by NGE (960 Hectares)* TOTAL: 960 Hectares (3.7 miles2) *Subject to 1.25% NSR to Royal Gold Inc. (TSX:RGL) JV/Option Status: Available Work to Date: Hydrogeochemistry (2004) Surface Geochemistry (2005) Phase I Drilling (2008)

Project Summary

• The Fletcher Junction Property is located in Mineral County, Nevada, within the Walker Lane mineral belt of southwest Nevada, approximately 30 km (19 miles) southwest of Hawthorne, Nevada.
   
• The Fletcher Junction target lies adjacent to the Aurora Crater and is covered by a thin, post-mineral layer of basalt and alluvium.  The target has not been previously explored.
   
• NGE identified very high concentrations of gold and trace elements in spring water flowing from beneath the cover in late 2004 as part of its Groundwater Chemistry Sampling Program.
   
• NGE secured the target by staking unpatented mining claims and then followed up the encouraging hydrogeochemistry results with additional groundwater, vegetation, soil, and float rock geochemical sampling, as well as detailed geologic mapping.
   
• NGE completed a Phase I drilling program in 2008 and intersected hydrothermally altered and geochemically anomalous bedrock similar in size, alteration-style, and trace-element chemistry to the nearby Aurora mining district, which produced nearly 2,000,000 total ounces of gold and 2,400,000 ounces of silver.
   
• The project is ready for a Phase II angled, core hole drilling program designed to intersect high-angle quartz veins believed to contain high-grade gold-silver mineralization.

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