#1NEWCREST MINING LIMITED To: Company Announcements Office Francesca Lee From: Date: 4 September 2019 Subject: Northern Territory Mining Investment Conference Attached for release to the market is a presentation to be given by Fraser MacCorquodale, General Manager Exploration, at the Northern Territory Mining Investment Conference in Darwin on 4 September 2019. Yours sincerely Francesca Lee Company Secretary Newcrest Mining Limited ABN 20 005 683 625 Level 8,600 St Kilda Road, Melbourne VIC 3004 PO Box 6213, St Kilda Road, Melbourne VIC 3004 T +61 3 9522 5333 F +61 3 9525 2996 www.newcrest.com.au#2NEWCREST Exploration Edge Fraser MacCorquodale General Manager - Exploration NEWCREST MINING LIMITED#3Disclaimer Forward Looking Statements This presentation includes forward looking statements. Forward looking statements can generally be identified by the use of words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate”, “continue”, “outlook” and “guidance", or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs. The Company continues to distinguish between outlook and guidance. Guidance statements relate to the current financial year. Outlook statements relate to years subsequent to the current financial year. Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to differ materially from statements in this presentation. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation. Forward looking statements are based on the Company's good faith assumptions as to the financial, market, regulatory and other relevant environments that will exist and affect the Company's business and operations in the future. The Company does not give any assurance that the assumptions will prove to be correct. There may be other factors that could cause actual results or events not to be as anticipated, and many events are beyond the reasonable control of the Company. Readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Except as required by applicable laws or regulations, the Company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in assumptions on which any such statement is based. Reliance on Third Party Information The views expressed in this presentation contain information that has been derived from sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. This presentation should not be relied upon as a recommendation or forecast by Newcrest. Ore Reserves and Mineral Resources Reporting Requirements As an Australian company with securities listed on the Australian Securities Exchange (ASX), Newcrest is subject to Australian disclosure requirements and standards, including the requirements of the Corporations Act and the ASX. Investors should note that it is a requirement of the ASX listing rules that the reporting of ore reserves and mineral resources in Australia comply with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the "JORC Code”) and that Newcrest's ore reserve and mineral resource estimates comply with the JORC Code. Competent Person's Statement The information in this presentation that relates to Mineral Resources or Ore Reserves (other than Havieron) has been extracted from the release titled "Annual Mineral Resources and Ore Reserves Statement -31 December 2018" dated 14 February 2019 (the original release). Newcrest confirms that it is not aware of any new information or data that materially affects the information included in the original release and, in the case of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the original release continue to apply and have not materially changed. Newcrest confirms that the form and context in which the competent person's findings are presented have not been materially modified from the original release. The information in this presentation that relates to Exploration Results at Havieron has been extracted from the release titled "Quarterly Exploration Report” dated 25 July 2019 (the original Havieron release). Newcrest confirms that it is not aware of any new information or data that materially affects the information included in the original Havieron release and that all material assumptions and technical parameters underpinning the estimates in the original Havieron release continue to apply and have not materially changed. Newcrest confirms that the form and context in which the competent person's findings are presented have not been materially modified from the original Havieron release.#4Newcrest Exploration Edge Leveraging off our strengths to deliver new discoveries Partners Newcrest's Strengths E Exploration Expertise Mining Capabilities Exploration Technology & Innovation New Discoveries#5Exploration i Expertise History of delivering multi mine districts Cadia - >50Moz Au* Gosowong - 6.6Moz Au* Telfer - 20Moz Au* Wafi-Golpu - 13Moz Au * *Total Mineral Endowment is past production sourced from Newcrest Annual reports and/or Mineral Resource from "Annual Mineral Resources and Ore Reserves Statement -31 December 2018" dated 14 February 2019. *Represents Newcrest 50% share of the Wafi-Golpu Resource December 2018.#6Mining Capabilities Able to mine and process all forms of gold and copper orebodies Lihir, Telfer Telfer Gosowong Telfer Cadia CAVED ZONE ORE BOOK Open Pit Selective Underground Reef Narrow Vein ONE BOOT Bulk Sublevel Caving Block Caving Underground Processing Large scale comminution Copper-gold flotation Pressure oxidation Cyanide & carbon in leach#7Mining Capabilities Unique search space, more opportunities E Surface 1. Looking deeper in outcrop areas 2. Exploring under cover Cross Section (Not to Scale) 100m OPEN CUT MINE 200m UNDERGROUND MINE 500 m 1000 m 2000 m Traditional Search Space Exhausted MINERALISED OUTCROP High resolution geophysics Traditional Search Space NO SURFACE EXPRESION As As As Sb Subtle chemical Bi Sb Te guides Te Sn Sn Te Mo Mo Mo Au Au Au DEEPER GOLD DEPOSIT Our Deep Search Space Au Cu Newcrest Deep Search Space in Known Gold Terranes CONCEALED Au Au GOLD DEPOSIT Barren Cover Newcrest's unique mining capabilities opens up all search spaces Newcrest UNDER COVER Search Space#8Mining Capabilities Looking deeper in Australia opens new opportunities Source: Minex Consulting - https://www.minexconsulting.com/ Cover / Basement Young Cover Palaeozoic Basement Old Archean-Proterozoic Basement Gold Deposit Endowment о + 6 Moz Au + 3 Moz Au +1 Moz Au + 0.5 Moz Au 0 to 0.5 Moz Au О Our Search Space#9Mining Capabilities Unlocking value through our mining and exploration capability at Havieron +27 Moz Au* regional endowment Winu Niffy N Yeneena kilometres Cover 50 km 0 km Telfer Telfer Magnum O'Callaghans Maroochydore Havieron Newcrest Tenement Structure Newcrest Operation Copper Deposit Newcrest Project The information in this slide that relates to Exploration Results at Havieron has been extracted from the release titled "Quarterly Exploration Report" dated 25 July 2019. Gold Deposit/Occurrence Regional endowment calculated from gold deposit data compiled from MinEx Consulting (www.minexconsulting.com) -500 +0 Havieron Section line 7597650mN +/- 125m Permian Cover Host Sediments HAD006 23m @ 1.0 g/t Au & 0.19% Cu from 872m. OPEN HADOOS HAD002 Awaiting Assays for HAD011 from 903 8m Drill Holes Greatland Gold Drilling Newcrest Mining Drilling Historic Drilling Significant Intercepts > 0.2 g/t Greatland Gold HAD006 12m @ 3.1 g/t Au & 0.08% Cu from 1071m. HAD006 52m @ 7.0 g/t Au & 0.17% Cu from 1122m, incl. 17m @ Newcrest Mining -1000- 21 g/t Au & 0.39% Cu from 1153m. +463500 E +464000 E HADOID HAD003 AD006 HADGOS HAD007 HAD011 HAD009 HAD011 39m @ 1.1 g/t Au & 0.82% Cu from 754m & 48m @0.59 g/t Au & 0.90% Cu from 838m. OPEN Host Sediments Permian Cover Post Mineral Dyke 125 250 375m +464500 E ☐ Located 45km east of Telfer Potential high grade mill feed zone for Telfer Mineralisation open along strike and depth. Drilling to assess for a Newcrest size target underway.#10Exploration Technology & Innovation BOART LONGYEAR Lithocap Match Threshold high very high Follow-up target areas Delivering real time analytics and predictive targeting Faster Exploration Foster Key Technology Partnerships Real-time analytics: chemistry (Truscan) and multi-spectral (Corescan) Data collected from multiple sensors, analytics translate data into simplified trends, insights optimise drill target in real-time Descartes Labs SOLVE Ground Selection & Predictive Discovery GEOSOLUTIONS Leveraging technology used in other industries i.e. agriculture, defence and apply to mineral exploration Building global remote sensing imagery products for mineral mapping at country- scale Data fusion with geology & geophysics layers for machine-learning based predictive targeting#11Exploration Technology & Innovation Real time decision making 1 مد Data collected from multiple DRILL RIG AT HAVIERON In-field Geoanalysis 500 High- resolution logging Cu ppm Actinolite sensors Analytics translate Real-time Navigation data into simplified trend 68 550 Optimisation of target in real-time BOART LONGYEAR™ cores can Drillhole design - Havieron#12Exploring the NT Emerging Province Opportunities (Tanami - Tennant East) Proven Regional Gold Endowment Under explored provinces - cover overlying prospective basement Tier 1 gold asset potential (Eg. Callie) Source: Minex Consulting - https://www.minexconsulting.com/ Cover / Basement Young Cover Palaeozoic Basement Old Archean-Proterozoic Basement +20 Moz Au* Regional Endowment Hyperion Kookaburra Groundrush Gold Deposit Endowment + 6 Moz Au + 3 Moz Au +1 Moz Au + 0.5 Moz Au 0 to 0.5 Moz Au Coyote PROSPECTIVE CORRIDOR О Our Search Space TANAMI Twin Bonanza PROSPECTIVE CORRIDOR Callie The Granites ‘Giant' Orogenic Au deposit (+10 Moz*) Tanami Cover Newcrest Tenement Gold Structure Occurrence 50 100 kilometres * Regional endowment calculated from gold deposit data compiled from MinEx Consulting (www.minexconsulting.com) Gold Deposit#13Exploring the NT NORTHERN TERRITORY GOVERNMENT Diamond Drilling Co-Funding 2 x 600m diamond holes. Unlocking potential of untested areas Partnering To Explore Deeper Earlier Knowledge Build & Early Target Testing I I I NEWCREST MINING LIMITED Tanami Apps (2,600km) Granted Tennant East (1,382km) I Establishing Innovative sustainable Quantified cultural heritage Targeting I Prodigy Gold Recon, IP Surveys & RC Drilling RC & DD drill testing I I Tanami JV (3,478km) encounter RESOURCES LIMITED Tanami JV x4 (~4,400km) 2018 I I I I I Recon & RC drill testing 2019 PARTNERING TO TEST PRIORITY AREAS 2020#14Exploring the NT Systematic Machine Driven Compilation Innovative Exploration Rapid Scale Reduction & Province Assessment Global Remote Sensing Data + Geological Knowledge Data Fusion & Machine-driven Prospectivity Machine Learning Algorithms Quantified Targeting Rapid Compilation & Data Cleansing Northern Territory T Tanami • Surface Geochemistry Desert Minekurences Calculated distantes to faul Sentinel-2 Digital Elevation Model Faud Drilling (All Analytes & Logging Translations) Local Geophysical Surveys Seamless Geology Maps Linking Reports Predictive mineralisation model target 0% 100% generation in the Tanami Match Probability to signature of known mineralisation 200 km#15Exploring the NT Identifying Opportunity Areas of Explorable Cover Clays Silica Fe-oxides Sentinel-2 Directed PCA product mapping major mineral groups Our Search Space • Identifying quantified targets and trends • Understanding cover and Newcrest edge 100 km TENNANT EAST Tennent East NT AUSTRALIA TANAMI PROSPECTIVE CORRIDOR Partnering to test both advanced opportunities Tanami & newly defined early stage areas. NT AUSTRALIA PROSPECTIVE CORRIDOR PROSPECTIVE CORRIDOR#16Newcrest Partner of choice Leveraging off our strengths to deliver new discoveries Partners Newcrest's Strengths E Exploration Expertise Mining Capabilities Exploration Technology & Innovation New Discoveries#17NEWCREST MINING LIMITED Miner of choice™ Invest in Newcrest Home About us Investors Careers Our business Sustainability Resources and reserves News Search Announcements 2018/19 Full Year Financial Results 16 August 2019 Newcrest completes 70% acquisition of Red Chris 16 August 2019 Diggers & Dealers Mining Forum 2019 05 August 2019 June 2019 Exploration Report 25 July 2019 Profile Newcrest is one of the world's largest gold mining companies. We safely deliver superior returns to our stakeholders from finding, developing and operating gold and copper mines. We are committed to maintaining a safe environment for our people. operating and developing mines sustainably in line with our environmental standards, and building lasting relationships with the communities in which we operate. Our vision is to be Miner of Choice for our people, shareholders, host communities, partners and suppliers. Share price AU$34.81 as at 23/8/2019 9:56 Open AU$34.81 High AU$34.81 Close AU$34.81 Low AU$34.81 Change $0.00 / 0.00% Volume 0 MacBook Air 息 Find out more: www.newcrest.com.au Engage with us +613 9522 5717 +1 (647) 255 3139