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Becoming t Becoming the Newest Gold he Newest Gold Pr Producer in Timmins oducer in Timmins Unlocking Opportunity in the Unlocking Opportunity in t he Legendary Gold Camp Legendary Gold Camp TSX-V: GW TSX-V : GWA A Annual General


  1. Becoming t Becoming the Newest Gold he Newest Gold Pr Producer in Timmins oducer in Timmins Unlocking Opportunity in the Unlocking Opportunity in t he Legendary Gold Camp Legendary Gold Camp TSX-V: GW TSX-V : GWA A Annual General Meeting Presentation Annual General Meeting Pr esentation June 10, 2019 June 10, 2019

  2. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 DISCLAIMERS DISCLAIMERS This document (including any documents incorporated by reference herein) contains “ forwar forward-looking d-looking statements statements ’ within the meaning of applicable Canadian securities laws. These statements relate to future events or Gowest ’ s future performance. All statements other than statements of historical fact are forward-looking statements. Such forward-looking statements may include, but are not limited to, statements with respect to: (i) the future financial or operating performance of Gowest and its projects; (ii) the future price of gold or other metal prices; (iii) the estimation of mineral resources; (iv) proposed capital expenditures; (v) proposed operating and exploration expenditures; (vi) the costs and timing of future exploration and mine development activities; (vii) the success of exploration activities; (viii) permitting timelines and requirements; (ix) Gowest ’ s requirements for additional capital, (x) government regulation of mining operations; (xi) environmental risks; and (xii) title disputes or claims. Often, but not always, forward-looking statements can be identified by the use of words such as “ plans ” , “ expects ” , “ is expected ” , “ budget ” , “ scheduled ” , “ estimates ” , “ forecasts ” , “ intends ” , “ anticipates ” , or “ believes ” or variations of such words and phrases (including negative variations), or statements that certain actions, events or results “ may ” , “ could ” , “ would ” , “ might ” or “ will ” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Gowest to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: A number of factors could cause actual actions, events or results to differ materially from those described in forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Gowest disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. The technical information in this corporate presentation has been reviewed and approved by Jeremy Niemi, Director of Exploration, a QP as defined by National Instrument 43-101. The industry data, technical information or other information prepared by third parties presented in this presentation, except where otherwise noted, has been compiled from industry sources and participants which, although not independently verified by the Company, are considered by the Company to be reliable sources of information. References in this presentation to reports or articles should not be construed as depicting the complete findings of the entire referenced report or article and such report or article is expressly not incorporated by reference into this presentation. The Company makes no representation or warranty as to the accuracy or completeness of any data or information prepared by third parties included in this presentation and the Company assumes no liability whatsoever relating to or resulting from such data or information or the use thereof, errors therein or omissions therefrom. 2 Unlocking Opportunity in the Legendary Timmins Gold Camp Unlocking Opportunity in the Legendary T immins Gold Camp 2

  3. ONE FOCUS: GOLD ONE FOCUS: GOLD

  4. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 Status Review 2018 Status Review 2018 Q2 2017: The start of underground development at Bradshaw & executed a definitive agreement with Northern Sun to acquire 50% of their Redstone Mill § § Q1 2018: Executed concentrate purchase and sale agreement with Humon Smelting § Q1 2018: Confirm new high grade gold zone at Bradshaw § Q1 2018: Northern Sun receives conditional approval from both the Ministry of Environment and Climate Change and the Ministry of Northern Development and Mines to process Bradshaw ore § Q2 2018: Received permission from Ontario Government to process concentrate outside Canada § Q2 2018: Termination of the definitive agreement to acquire 50% of the Redstone Mill § Q2 2018: Bradshaw is placed on standby (Completed 2,100 metres of underground development & stockpiled 28,567 tons of material for sorting § Q3 2018: Executed toll milling agreement with QMX 4 Unlocking Opportunity in the Legendary T Unlocking Opportunity in the Legendary Timmins Gold Camp immins Gold Camp 4

  5. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 Moving Forwar Moving Forward 2019 d 2019 § Q1 2019: Closed $2M financing § Q1 2019: Announced $8M financing with company’s largest shareholder Fortune Future subject to shareholder approval § Q2 2019: AGM & Special Meeting to approve share consolidation & approve Fortune’s increase in ownership § Q2 2019: Target to close $8M financing § Q2 2019: Announced drill program and target to release assay results § Q3 2019: Resume operations at Bradshaw § Q4 2019: Process Bradshaw bulk sample 5 Unlocking Opportunity in the Legendary T Unlocking Opportunity in the Legendary Timmins Gold Camp immins Gold Camp 5

  6. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 LARGE LAND POSITION: LARGE LAND POSITION: 109 km 2 North Timmins Gold Project situated along underexplored mineral belt § SITUA SITUATED IN WORLD CLASS TED IN WORLD CLASS Robust local presence with strong community and First Nations relationships § GOLD CAMP GOLD CAMP BRADSHA BRADSHAW DEPOSIT W DEPOSIT: : Gold mineralization at depth with potential to double based on regional deposits § BECOMING THE NEXT BECOMING THE NEXT Fully permitted underground bulk sample program § GOLD PRODUCER IN GOLD PRODUCER IN Highly de-risked, advanced construction project § TIMMINS TIMMINS Commercial production by 2019, with 50,000 oz/per year at peak production § Leveraging technology to optimize production § NEAR-MINE NEAR-MINE Three strong gold mineralization zones showing earmarks of deposit § EXPLORA EXPLORATION: TION: Two mineralization zones less than 1km from Bradshaw Deposit § TARGETS IN STRIKING ARGETS IN STRIKING DIST DISTANCE FROM MINE ANCE FROM MINE Significant exploration potential along new mineral belt larger than historic gold belt VISION FOR FUTURE: VISION FOR FUTURE: § ENOUGH GROUND TO ENOUGH GROUND TO Centralized autoclave facility for Northeastern Ontario and Northwestern Quebec § HOST MUL HOST MULTIPLE MINES TIPLE MINES M&A platform for further growth § 6 Unlocking Opportunity in the Legendary Timmins Gold Camp Unlocking Opportunity in the Legendary T immins Gold Camp 6

  7. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 APPROACH TO GROWTH: OPTIMIZING THE NOR APPROACH TO GROWTH: PTIMIZING THE NORTH TIMMINS GOLD PROJECT TH TIMMINS GOLD PROJECT PHASE 1 PHASE 2 PHASE 3 NEAR-BRADSHA NEAR-BRADSHAW W GREENFIELD GREENFIELD EXPLORA EXPLORATION ZONES TION ZONES EXPLORA EXPLORATION TION BRADSHAW DEPOSIT BRADSHA W DEPOSIT Significant growt Significant gr owth h 50,000 oz/year 50,000 oz/year 100,000 oz/year 100,000 oz/year potential potent ial ORE SORTER TECHNOLOGY ORE SORTER TECHNOLOGY TOLL-MILLING (Aurbel) LOCAL MILLING LOCAL PROCESSING HUMON SMELTER 7 Unlocking Opportunity in the Legendary Timmins Gold Camp Unlocking Opportunity in the Legendary T immins Gold Camp 7

  8. TSX-V TSX-V: GW : GWA A • Annual General Meeting – June 10, 2019 GOWEST NORTH TIMMINS GOLD PROJECT GOWEST NOR TH TIMMINS GOLD PROJECT Bradshaw Gold Deposit Bradshaw Gold Deposit Kidd Creek Kidd Cr eek Glencore Inc. Gold Mine Base Metal Mine Clavos Clavos Sage Gold Sage Gold Gold Project Hoyle Pond Hoyle Pond Bell Cr Bell Creek eek Goldcorp Whitney Pr Whitney Project oject Goldcorp Tahoe Resources Gowest Pamour Pamour Goldcorp Goldcorp Broulan Br oulan Reef Reef Hallnor Hallnor McIntyre McIntyr e Hollinger Mine Hollinger Mine Dome Dome Century Pr Century Project oject Goldcorp Goldcorp Goldcorp Goldcorp Timmins W immins West est Tahoe Resources 8 8 Unlocking Opportunity in the Legendary Timmins Gold Camp Unlocking Opportunity in the Legendary T immins Gold Camp

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