Northgate Minerals Corporation

2008 Operating Performance

We are good operators. We have a proven and successful track record of turning around underperforming assets. And we deliver results.

Today, Northgate is a mid-tier gold and copper producer with mining operations, development projects and exploration properties in Canada and Australia.

We have laid the groundwork for a bright future. In 2009, we are forecasting record production of 392,000 ounces of gold and are targeting growth through further acquisition opportunities in stable mining jurisdictions around the world.

354,800

ounces of gold production

51.9 million

pounds of copper production

$461 million

consolidated revenue