Nordgold Presentation to PDAC

Nordgold's Howard Golden to present at the 2016 PDAC Forum

"Exploration adds value to growth oriented gold producer"

· Nordgold Exploration Director, Howard Golden, presents at this year's PDAC in Toronto, Canada

· Strong short, medium and long-term development pipeline will underpin the future growth

Toronto, Canada, March 8, 2016 - Nord Gold N.V. ("Nordgold" or the "Company", LSE: NORD), the internationally diversified low-cost gold producer, announces that Exploration Director, Howard Golden, presents at the 2016 PDAC Corporate Presentation Forum today.

Nordgold has two projects in the construction phase (Bouly in Burkina Faso and Gross in Russia) and, in the medium term, four further projects that are currently in the development phase (based in Burkina Faso and French Guiana). 11 additional projects are in the advanced and early stages of exploration and are expected to come to fruition over the next 10 years, giving Nordgold one of the most compelling development pipelines in the gold sector. Nordgold benefits from highly efficient production assets, and strong cashflow generation which enables it to continue delivering attractive returns to shareholders and investing in its development pipeline.

Mr Golden will focus on the Company's exploration strategy. With growth as a key focus for Nordgold, in addition to effective in-house exploration, the Company continues to look for quality projects to add to its pipeline. Mr Golden will set out the Company's strict criteria for potentially viable gold projects: they must be located in mining-friendly jurisdictions with non-refractory ore and 2Moz of potential reserves at a grade of 2g/t and with a low to moderate strip ratio. He will also outline Nordgold's current exploration activities and explain how the company's robust project pipeline will help to underpin the future growth of the Company.

Mr Golden will also provide an update on the progress of its two projects under construction: Bouly and Gross. With key infrastructure already in place, production at Bouly is expected to commence in the second half of 2016, and should help Nordgold to produce over 1 Moz in the near future. Gross is expected to produce c. 230 koz of gold per year for 17 years, adding value to Nordgold in the long term.

As with Nordgold's flagship Bissa mine in Burkina Faso, both projects benefit from low capital intensity, with low capital and production costs, central to any investment decisions taken by the Board. Bissa had capex of less than a thousand dollars per ounce of production. As a result Bissa fully paid back the invested capital within 21 months after the launch. Bouly, Gross and Montagne d'Or projects will follow the Bissa pattern and enable Nordgold to generate strong returns to its shareholders.

No new material financial or trading information will be disclosed during the presentation. A copy of the presentation will be available to download from the Nordgold website from midday www.nordgold.com/investors-and-media/presentations/

About Nordgold

Nordgold (LSE: NORD) is an internationally diversified low-cost gold producer established in 2007 and publicly traded on the London Stock Exchange. Nordgold has a proven track record of operational excellence and benefits from a significant international development pipeline. The company is relentlessly focused on shareholder value, committed to running safe, efficient, profitable operations, which enable it to generate strong cashflows and in turn, continue to invest in its pipeline of new growth opportunities while generating returns for investors. In 2015, Nordgold produced 950 koz of gold with all-in sustaining costs of US$793 per ounce, maintaining its position at the lower end of the global cost curve.

Nordgold operates 9 mines (5 in Russia, 2 in Burkina Faso and one each in Guinea and Kazakhstan). It has 2 active development projects (Bouly in Burkina Faso and Gross in Russia), 4 advanced exploration projects and a diverse portfolio of early-stage exploration projects and licences in Burkina Faso, Russia, French Guiana and Canada. Nordgold employs over 8,000 people.

For further information on Nordgold please visit the Company's website: www.nordgold.com

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Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release, including any information as to Nordgold's estimates, strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance and production, may constitute "forward-looking information" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, constitute forward-looking information. Forward-looking information can often, but not always, be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words, or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans. Readers are cautioned that forward-looking statements are not guarantees of future performance. All forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.

Forward-looking information involves significant risks, assumptions, uncertainties and other factors that may cause actual future realities or anticipated events to differ materially from those expressed or implied in any forward-looking information and, accordingly, should not be read as guarantees of future performance or realities. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include the assumption that the business and economic conditions affecting Nordgold's operations will continue substantially in their current state, including, without limitation, with respect to industry conditions, general levels of economic activity, market prices for gold, competition for and scarcity of gold mine assets, achievement of anticipated mineral reserve and mineral resource tonnages or grades, ability to develop additional mineral reserves, acquisition of funding for capital expenditures, adequacy and availability of production, processing and product delivery infrastructure, electricity costs, continuity and availability of personnel and third party service providers, local and international laws and regulations, foreign currency exchange rates and interest rates, inflation, taxes, and that there will be no unplanned material changes to Nordgold's facilities, equipment, customer and employee relations and credit arrangements. Nordgold cautions that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of Nordgold and there is no assurance that they will prove correct. The risks and other factors that may cause actual future realities or anticipated events to differ materially from those expressed or implied in any forward-looking information include, but are not limited to Nordgold's ability to execute its development and exploration programs; the financial and operational performance of Nordgold; civil disturbance, armed conflict or security issues at the mineral projects of Nordgold; political factors; the capital requirements associated with operations; dependence on key personnel; compliance with environmental regulations; estimated production; and competition.

Actual performance or achievement could differ materially from that expressed in, or implied by, any forward-looking information in this press release and, accordingly, investors should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made, and Nordgold does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or realities after the date on which such statement is made or to reflect the occurrence of unanticipated events, except as required by applicable Canadian securities laws. All forward-looking information contained in this press release is qualified by such cautionary statements. New risk factors emerge from time to time, and it is not possible for management to predict all of such risk factors and to assess in advance the impact of each such factor on Nordgold's business or the extent to which any factor, or combination of factors, may cause actual realities to differ materially from those contained in any forward-looking information.