newjerseymining.com

OTCQB/CSE NJMC

North American Gold Producer

Corporate Update – August 2018

North American Gold ProducerCorporate Update – September 2018

newjerseymining.com

OTCQB/CSE NJMC

Forward Looking Statements

Forward Looking Statements contained herein that are not based upon current or historical fact are forward-looking in nature and

constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the

Securities Exchange Act of 1934. Such forward looking statements reflect the Company's expectations about its future operating

results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not

limited to: statements relating to forecasted gold production, projected net income cash costs, and all-in costs, future

optimization and resource expansion and potential resource upgrade or extending the Golden Chest Mine life-of-mine, mineral

resource estimates. When used herein, the words "anticipate," "believe," "estimate," “upcoming,” "plan," “target”, "intend" and

"expect" and similar expressions, as they relate to New Jersey Mining Company, its subsidiaries, joint venture partners or its

management, are intended to identify such forward looking statements. These forward looking statements are based on

information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could

cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or

implied by, these forward looking statements. Factors that could cause or contribute to such differences include, but are not

limited to risks related to mining activities and production shortfalls, metallurgical recovery problems, ore grade or tonnage

shortfalls, changes in project parameters, future metal prices, changes in quantity and costs of future production, risks related to

the ability to finance future development at the Golden Chest Mine,, risks related to mineral resource estimates and other such

factors, including risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2017.

Except as required by Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to

any forward looking statements.

Cautionary Statements

Cautionary Note Regarding Estimates of Measured, Indicated and Inferred Resources. The United States Securities and Exchange

Commission (SEC) permits mining companies, in their filings with the SEC, to disclose only reserves, which are those mineral

deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as

“resource,” “measured resources,” “indicated resources,” and “inferred resources” that are recognized by Canadian regulations, but

that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC, except in certain

circumstances. U.S. investors are urged to consider closely the disclosure in our most recent Form10-K and Form10-Q. You can

review and obtain copies of these filings from the SEC’s web site at www.sec.gov.

2

newjerseymining.com

OTCQB/CSE NJMC

3

“Our patented/unpatented land strategy – focusing on former

gold mines/prospects on private land with ownership of

adjacent unpatented mining claims. From an operational and

permitting perspective, this approach not only fits our current

strategy of starting small and growing, but also provides a

potential base for sizeable operations on private land should

that opportunity become available.”

John Swallow, New Jersey Mining Co. CEO & President

newjerseymining.com

OTCQB/CSE NJMC

4

Idaho:• Murray Gold Belt

• Central Idaho

Montana:

• Butte Highlands

Two States / Three Gold Districts

newjerseymining.com

OTCQB/CSE NJMC

5

Three Gold Districts: Significant Potential

Murray Gold Belt

• Golden Chest Mine

• Crown Point

• Buckskin

• Butte Gulch

• Giant Ledge

Central Idaho

• Eastern Star

• South Fork

• McKinley

Butte Highlands

• Established and

permitted underground

mine

newjerseymining.com

OTCQB/CSE NJMC

Experienced, Successful Management Team

• Dual Listing: CSE in Canada / OTCQB in U.S.

• Ability to advance projects in difficult market

conditions

• NJMC holds 68 patented & 388 unpatented

mining claims covering 6,195 acres

Proven Mine & Mill Operators

• Golden Chest Mine produces gold ore from open

pit & underground

• All ore processed at New Jersey’s own “State-of-

Art” floatation mill

Shareholder Focused Management and

Culture

• Management owns more than 15% shares

• Acquired through financings and open market

purchases

• Employees are shareholders

Foundation for Growth – Why NJMC…

6

newjerseymining.com

OTCQB/CSE NJMC

PRODUCTION

Golden Chest Mine

Pre-Development Projects become

gold producers;

• Producing gold from open pit

and underground;

• Processing ore at the New

Jersey Mill.

• 2017 NI 43-101 shows open-

pit gold resource;

254,000 oz Measured/Indicated

223,000 oz Inferred

• All debt associated with

surface pit and underground

mine start up is “paid in full”

EXPLORATION

Murray Gold Belt

District-scale exploration and multi-

tiered expansion potential;

• Crown Point

• Buckskin

• Butte Gulch

• Giant Ledge

Central Idaho

Recently rediscovered historic gold

district makes for opportunity;

• Eastern Star

• South Fork

PRE-DEVELOPMENT

Murray Gold Belt

Advanced Exploration Projects

become Pre-Development Projects;

• New Klondike surface pit

• Layback to current surface pit

• Paymaster underground

Butte Highlands

Historic gold district located south

of Butte, MT;

• Fully permitted underground

gold mine

• NJMC interest is carried to

production, with its share of

costs paid from future

production.

Current and Future Production

7

newjerseymining.com

OTCQB/CSE NJMC

8

Murray Gold Belt

newjerseymining.com

OTCQB/CSE NJMC

Historic Mining District

• 1879 Gold first discovered in the

Murray Gold Belt (MGB) of Idaho

• Geologically similar to lode mines

of Cariboo District and Sheep Camp

in Canada (producing an estimated

4 million oz. gold)

Forgotten and Overlooked

• By 1885, Murray Gold Belt became

secondary with the discovery of rich

lead-silver veins in southern part of

district

• Most world class districts are zoned;

MGB is the gold zone within a world

class silver district

Murray Gold Belt History

9

newjerseymining.com

OTCQB/CSE NJMC

Rebirth of MGB led by NJMC

• 2008 - 2010 Newmont and

NJMC JV on Toboggan Project

• 2010 - 2012 Marathon Gold

& NJMC JV on Golden Chest

Project

• 2016 NJMC’s refines Idaho

Fault/Vein position leading to

trenching and core drilling for

additional open pit targets

• 2017 Hecla core drilling at

Little Baldy

• 2017 - 2018 NJMC producing

gold from underground and

open pit

10

Murray Gold Belt - How we got here…

newjerseymining.com

OTCQB/CSE NJMC

Modern Development and

Production Activity

• 2013 - 2015 Infrastructure

modernized new portal, decline and

spiral ramp

• 2017 - 2018 Hecla increases land

position to approximately 14 square

miles

• 2018 Hecla purchases Toboggan

claims and data set from NJMC

• 2018 NJMC significantly increases

land position; Crown Point, Buckskin,

Butte Gulch, Giant Ledge

• 2019 Golden Chest “Lay-Back” Pit,

Klondike Surface Pit, Crown Butte

Exploration Drilling

11

Murray Gold Belt – Where we are going…

newjerseymining.com

OTCQB/CSE NJMC

Geological setting provides opportunity

to host several large deposits:

• Location on major north-south faults

• Sulfide mineralogy - Galena (lead), Pyrite

(iron), Chalcopyrite (copper), Sphalerite

(zinc)

• Gold and tungsten association

• Shear-hosted orogenic

• Mineralization associated with alkalic

intrusives

12

Murray Gold Belt – Elephant Country…

newjerseymining.com

OTCQB/CSE NJMC

NJMC’s strategic land position

Crown Point Project

• Crown Point Vein Zone exhibits 40 to 100-foot widths along at least 3,000 feet of strike in surface outcrop

• Four Square Mine, an historical producer of gold and tungsten

• Currently undergoing surface diamond core drilling

Buckskin Project

• Historic underground workings and 20-stamp mill• Recent trenching revealed mineralized veins• 218 acres of patented land and 700 acres of

unpatented land

Butte Gulch Project

• Historic producer of placer gold with unidentified lode source

• Documented gold-bearing veins

Giant Ledge Project

• Historic underground workings • Core drilling by Sunshine Mining• Large gold anomaly identified

13

Murray Gold Belt – Why we like it…

newjerseymining.com

OTCQB/CSE NJMC

Golden Chest Mine

newjerseymining.com

OTCQB/CSE NJMC

The Golden Chest Mine

• Located in the Murray Gold Belt of the

Coeur d’Alene Mining District

• NJMC owns 100%

(subject to 2% NSR royalty)

• More than $13M invested in infrastructure,

exploration & development

• Open-pit and underground mining

underway

• 2017 NI 43-101 open-pit gold resource:

254,000 oz M&I and 223,000 oz Inferred

• Good exploration/expansion potential both

at depth and along strike

15

newjerseymining.com

OTCQB/CSE NJMC

Open-Pit Gold Production

16

• Commenced underground

operations in December 2017

• Expanded Golden Chest open pit

design has an estimated 100,000

tonnes @ 3.97 grams Au (gpt),

totaling 12,700 ounces of gold

• Additional 30-meter lay-back of

current pit is possible

• Drilling and modelling work

currently underway on next open pit,

the Klondike

• Work currently underway to evaluate

additional open pits along Idaho

Fault

newjerseymining.com

OTCQB/CSE NJMC

Open-Pit

Underground Gold Production

• Commenced underground operations

in December 2017

• Initial production focused on Skookum

Shoot orebody

• Modern exploration (including nearly

30,000 meters of drilling) has

revealed six northwest trending shoots

that demonstrate consistent widths

and spacing along Idaho Fault

• Outstanding platform for future

exploration and resource development

17

newjerseymining.com

OTCQB/CSE NJMC

Near-Term Resource Expansion

18

CROSS SECTION SHOWING VERTICAL

CONTINUITY OF SKOOKUM ORE SHOOT• Similar to deposits of the nearby

Coeur d’Alene District, ore shoots at the

Golden Chest suggest potential for vertical

continuity, greater extent in dip than strike

• Over 1,000 meters of strike identified

• As one of six identified ore shoots,

the Skookum Shoot, the site of targeted

production, demonstrates a strike

of 100 meters and down dip extent of 600+

meters

• Expansion potential in several drill-tested areas

including Skookum up-dip and the Paymaster

zone

• Confirmation drilling expected to

increase resources and extend mine life

newjerseymining.com

OTCQB/CSE NJMC

District-Scale Potential

• Golden Chest property located within the

Murray Gold Belt includes 68 patented &

388 unpatented mining claims covering

6,195 acres

• Six ore shoots demonstrate strong

periodicity along Idaho Fault, with

consistent width & spacing

• Over 30,000 meters of drilling on property,

beginning with Newmont in 1980s

• Excellent mineralization potential in

unmined northern shoots and in Joe Dandy

& Paymaster shoots to the south

19

newjerseymining.com

OTCQB/CSE NJMC

IDAHO

Central Idaho Gold Belt

newjerseymining.com

OTCQB/CSE NJMC

21

Central Idaho – Advanced Exploration

Eastern Star Project

• Located in the Elk City Mining District

• 11 patented (220 ac) and 38 unpatented

(760 ac) lode claims acres totaling 980

acres

• Near surface high grade-target revealed by

NJMC trenching

• Drill ready for 2019 field season

• Excellent infrastructure – located near high

voltage power and highway access

• Of 27 samples collected by the Company

over multiple vein zones, 12 returned gold

values exceeding 5.5 gpt with five of those

exceeding 17.0 gpt.

newjerseymining.com

OTCQB/CSE NJMC

22

Central Idaho – Early Stage Exploration

South Fork Project

• Located in the historic Elk City Mining

District

• Historic high-grade producer

• Three adits provide access to four veins

• Located near highway

• 5 patented and 34 unpatented lode claims

totaling 704 acres

newjerseymining.com

OTCQB/CSE NJMC

Butte Highlands

newjerseymining.com

OTCQB/CSE NJMC

Butte Highlands Joint Venture

Butte Highlands Project

• Historic gold producer, 1937-1942.

• Nearly 30,000 meters of drilling by Battle Mtn,

Placer Dome, Orvana & ASARCO in the 1980s &

1990s.

• 1,600 meters of underground development and

surface facilities, built by industry leader SMD.

• 16,150 meters of core drilled from underground

stations in 2011, outlining initial production

zones.

• NJMC purchased a 50% interest in Butte

Highlands JV LLC (“BHJV”).

• Fully permitted with nearly $40 million invested.

• Located south of Butte, in a region that hosted

several multi-million ounce gold deposits.

• NJMC interest is “carried to production” with its

share of costs paid from future production.

24

IDAHO

newjerseymining.com

OTCQB/CSE NJMC

25

“In its most basic form, we have incorporated a number of moving parts into an

overall business approach that separates us from other junior mining and

exploration companies. Our goal is to continue to build the Company as we have

done, paying off start up debt, utilizing revenues from existing operations to

expand and grow our asset base. More simply put, we put our money where our

mouth is, focus on doing the heavy lifting and just get shit done.”

John Swallow, New Jersey Mining Co. CEO & President

newjerseymining.com

OTCQB/CSE NJMC

Management & DirectorsJohn Swallow – CEO / President & Director

Majority shareholder of NJMC. Mr. Swallow is a successful business owner

and entrepreneur in both the mining and high-tech industries. With a

focus on team building and corporate culture he has helped to build a

drilling subsidiary (20+ million in revs, +100 employees), advance publicly

listed companies to senior exchanges in the U.S. and Canada and

currently mentors and is on the board of a continuous fiber 3D printing

company and owner of an established company focused on the design

and manufacture of surface science testing equipment. Mr. Swallow

holds a B.S. in Finance from Arizona State University.

Grant Brackebusch, P.E. – Vice-President & Director

Mr. Brackebusch has served as the V.P. and a Director of NJMC

since 1996. He holds a B.S. in Mining Engineering and is a registered

Professional Engineer. With extensive experience mill operations,

mine operations, mine engineering, and environmental permitting

he currently, he supervises the daily operations of the Golden Chest.

His background in the mining industry also includes open pit mine

planning, underground mine planning, and operational supervision.

Prior to working for NJMC he worked for Newmont Mining.

Rob Morgan – Vice President Geology

Mr. Morgan has over 21 years of exploration experience, including 19

years focused on gold exploration, of which 11 years were in Northern

Idaho and Montana. Mr. Morgan has worked for some of the world’s

leading gold exploration and mining companies including Newmont and

ASARCO throughout the western United States, Alaska and South

America. He is practiced in designing, implementing and managing large

exploration programs for gold, silver, base metals and rare earth

elements.

26

Del Steiner – Chairman

Mr. Steiner has 35 years in the mining industry. He has practiced

law in Idaho for more than 25 years, with an extensive background

in environmental and mining law, including permitting projects

from the exploration to mining phases with primary focus on

central Idaho. He holds a B.S. from Lewis Clark State College and

a Juris Doctor from the University of Idaho.

Kevin Shiell– Director

Mr. Shiell has more than 35 years of operating and management

experience in the mining and mineral processing industries. He

has held executive leadership positions at several public

companies, including General Manager and Vice President of Mine

Operations at Stillwater Mining Company, Chief Operating Officer

at MDM Gold, and various mine supervisory positions at Hecla

Mining Company. Mr. Shiell is currently the General Manager of

the Hollister and Midas Gold Mines which are owned and operated

by Hecla Mining Company.

Monique Hayes – Investor Relations / Corporate Secretary

Ms. Hayes has 12 years of mining industry experience in investor

relations and corporate governance – most recently overseeing

community relations in northwest Montana for Hecla Mining

following its acquisition of Revett Mining Company. At Revett she

was Director of Investor Relations and Corporate Secretary where

she managed stakeholder relations, and directed its up-listing to

the NYSE MKT.

newjerseymining.com

OTCQB/CSE NJMC

27

Market Cap as

of September , 2018$19.62M

Issued and Outstanding 122.5M

52 Week Hi-Low US$0.25/$0.11

Officer and Director Holding 15%

Share Structure

newjerseymining.com

OTCQB/CSE NJMC

New Jersey Mining Company

201 N. 3rd, Street, Coeur d’Alene, ID 83814

www.newjerseymining.com

Monique HayesInvestor Relations

208.625.9001

monique@newjerseymining.com

John SwallowCEO / President & Director

jswallow@newjerseymining.com

OTCQB/CSE NJMC