Corporate Presentation Summer 2020 TSX-V: LAB | OTC: NKOSF - - PowerPoint PPT Presentation

Corporate Presentation

Summer 2020

TSX-V: LAB | OTC: NKOSF www.labradorgold.com

Statements contained in this presentation that are not historical facts may be forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995 and forward looking information under similar Canadian legislation (collectively, "Forward Looking Information"). Forward Looking Information includes, but is not limited to, statements regarding the Company’s strategic plans, property search and evaluation plans, estimated levels of mineral reserves, mineral resources and expenditures, success of exploration activities, and acquisition targets and commitments. Forward Looking Information is based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. In certain cases, Forward Looking Information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would“, and is based on certain factors and assumptions regarding, among other things, the estimation of mineral resources, the realization of resource estimates, the timing and amount of future exploration and development expenditures, the availability of necessary financing and materials to continue to explore and develop properties, the receipt of necessary regulatory approvals, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance

• r achievements expressed or implied by the Forward Looking Information . Such factors include risks inherent in the exploration and

development of mineral deposits, risks relating to variations in mineral resources, grade or recovery rates resulting from current exploration and development activities, risks relating to changes in metal prices and the worldwide demand for and supply of metals, risks related to increased competition in the mining industry generally, risks related to current global financial conditions, uncertainties inherent in the estimation of mineral resources, access and supply risks, reliance on key personnel, operational risks inherent in the conduct of mining activities, risk of delays or increased costs during the development process and relating to the acquisition of licenses and permits, regulatory risks, risks related to disputes concerning property titles and interest, and environmental risks. This list is not exhaustive of the factors that may affect any of the Company's Forward Looking Information. These and other factors should be considered carefully and readers should not place undue reliance on the Company's Forward Looking Information. The Company does not undertake to update any Forward Looking Information or statements that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. The technical content of this presentation has been prepared by Roger Moss, Ph.D., P.Geo. the company’s qualified person.

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TSX-V: LAB | www.labradorgold.com

Disclaimer

Kingsway project adjacent to and along strike to New Found Gold (NFG). ➤ New Found Gold Discovery (93g/t Au over 19m) near Gander, Newfoundland. ➤ Targeting Fosterville – Style gold mineralization Two Labrador projects with potential for discovery

• f new gold district(s).

Experienced exploration management with success in finding gold deposits (>17Moz). Politically stable jurisdiction supportive of mineral exploration.

Labrador Gold – A Golden Opportunity

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Strong cash position – Recently completed private placement for $5.3M + $2.03M in exercised warrants.

TSX-V: LAB | www.labradorgold.com

Shawn Ryan - Technical Advisor

• 20 years of gold exploration experience resulting in the discovery of 7.5M ounces Au in three

deposits.

• Recipient of the 1998 Yukon Chamber of Mines Prospector of the Year Award, 2010 Spud Huestis

Award, and 2011 PDAC Prospector of the Year Award.

• Founder & Technical Advisor of GroundTruth Exploration, developer of innovative exploration

techniques (e.g. Drones to Drill) with significant experience in northern Canada.

Roger Moss, P.Geo – President & CEO

• Professional geologist with 20 years international experience in copper and gold exploration.
• Instrumental in discovery of the multi-million ounce Navachab gold deposit in Namibia.
• 16 years in senior management roles with junior companies.
• Ph.D. from University of Toronto, currently adjunct Professor in Lassonde Mineral Engineering

Program.

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Exploration Management

TSX-V: LAB | www.labradorgold.com

Ticker TSX-V: LAB OTC: NKOSF Share Price – July 24, 2020 $0.45 Market Capitalization $41.2 million Issued and Outstanding Shares 91.6M Warrants 37.9M Options 6.7M Fully Diluted 136.2M Debt Nil Insider Ownership: 19.6% Plethora Precious Metals 10.6% Shawn Ryan 5.4% Management 3.6%

Share Structure

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Insiders 4% Float 34% Institutions 17% High Net Worth Investors 45%

TSX-V: LAB | www.labradorgold.com

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TSX-V: LAB | www.labradorgold.com

Gander Gold District

“Due to our database and

• ur research over the last

four months we have a very good idea of where to focus

• ur efforts to maximum

effect to aggressively advance the Kingsway property to the drill stage. We anticipate an exciting field season exploring for Fosterville style gold mineralization in the Gander gold district.” Roger Moss

• Highest concentration of gold showings in

Newfoundland

• Showings extend over 100km between

the Dog Bay Line and the GRUB line

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Labrador Gold’s Flagship Project

TSX-V: LAB | www.labradorgold.com

• St. Johns
• Covers 16km of the northeast extension of the prospective

Appleton Fault Zone associated with gold mineralization on New Found Gold’s claims to the south.

• 3 years of recent exploration show gold anomalies in till,

vegetation and soil associated with the fault zone on the Kingsway claim blocks. ➤ Exploration covered an area of 675 square kilometres and successfully reduced the area to the most prospective 66 square kilometres in two claim blocks.

• Excellent infrastructure 18km from Gander, road accessible,

nearby electricity and plentiful water.

• Target: Epigenetic orogenic gold associated with the Appleton

fault zone and associated structures.

Kingsway

Kingsway Project

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TSX-V: LAB | www.labradorgold.com

• Consists of three claim blocks covering 77 square kilometers.
• Kingsway South block is located approximately 4.5km northeast of

the recent gold discovery by New Found Gold.

• Claim blocks lie along strike from the New Found Gold discovery and

cover approximately 16km of strike length of the structure associated with the gold mineralization.

• Significant gold anomalies in till, soil and vegetation occur on all

blocks.

• Infrastructure is excellent located just 18km from the town of Gander

with road access to the project, nearby electricity and abundant local water.

Property Details

Kingsway – A Historical Timeline

9 1986-1993

Extensive exploration carried out in the Gander Gold District by Noranda, Newfound Minerals, Gander River Minerals and

• thers. Multiple

gold zones discovered. TSX-V: LAB | www.labradorgold.com

2000

Continued exploration exposes the Cracker mineralized zone over 30m with a grab sample assaying 61.73 g/t Au

2015-2019

Ryanwood Exploration and Torq Resources undertake regional till, vegetation and soil sampling that shows consistent, significant gold anomalies associated with regional

• structures. Ryanwood (Shawn

Ryan) retains most prospective land from 675 square kilometre package.

2017-2019

New Found Gold explores the Queensway property, resulting in the discovery of 92.86g/t Au

• ver 19m announced in

January 2020.

2020

Labrador Gold options 2 licenses from Shawn Ryan along strike to the NE of the NFG Discovery.

Present

Labrador Gold options a 3rd license connecting Kingsway North and South in the Gander District, completes review of historical work and begins exploration program.

Kingsway – Primed for Discovery

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TSX-V: LAB | www.labradorgold.com Previous operators completed over 1,758 till samples 3,724 vegetation samples 2,381 till XRF samples and 2,958 soil samples taken over a 45km by 15km (675 square kilometre) area. Historical work at Kingsway shows significant gold anomalies on Claim Blocks including up to:

• 168 g/t Au in quartz vein boulder containing visible gold
• 61.73 g/t Au in outcrop
• 89 g/t Au in heavy mineral concentrates
• 3.78 g/t Au in stream sediment
• 2.6 g/t Au in soil
• 15 till samples containing gold grains
• Multiple kilometer anomalies in soil, vegetation, till and heavy

mineral concentrate. Significant database from over 30 years of exploration in the district.

The New Found Gold discovery hole drilled into the Keats gold showing intersected 92.86 g/t Au over 19.0 metres. The Keats showing is one of several associated with gold in soil anomalies. Keats and the other high grade (>5g/t) gold showings occur along the Appleton Fault Zone. The same fault zone continues through the three Kingsway claim blocks. This represents approximately 16km of the Appleton Fault Zone on the three claim blocks.

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Kingsway - Major Structures

TSX-V: LAB | www.labradorgold.com

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Kingsway – HMC in Tills

Historical work on Kingsway South claim block shows significant gold anomalies in till over 3km strike length along Appleton Fault Zone. Values up to 89 g/t Au in heavy mineral concentrates with eight values greater than 10 g/t Au. The current summer program is designed to delineate possible sources of gold mineralization for fall drilling.

TSX-V: LAB | www.labradorgold.com

3km long gold anomaly in heavy mineral concentrates along Appleton fault zone with values up to 89g/t Au including 8 samples over 10g/t Au.

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Kingsway – Gold Grains in Till Samples

TSX-V: LAB | www.labradorgold.com

Sub-angular quartz vein boulder with visible gold from trench assayed 168g/t Au.

• Till samples containing gold grains have been found on all 3 claim blocks.
• Sub-angular boulder of quartz vein containing visible gold recovered from a

trench on the south claim block assayed 168 g/t Au.

• Till samples with gold grains cluster near Appleton Fault Zone.

➤ Up to 60 grains found in till sample on central claim block. ➤ Up to 26 grains found in till sample on north claim block. ➤ Up to 13 grains in till sample on south claim block.

Sub-angular nature of gold grains indicate grains are close to source, estimated to be 100m to 500m up ice.

Need map

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Kingsway – Lake Sediment and Till Anomalies

Lake Sediment samples on north claim block includes the highest in the survey area up to 42.3 ppb. Anomalous gold in till samples up to 1,389 ppb and include additional values of 1,044 ppb and 1,202 ppb. Anomalies lie close to major Appleton Fault zone/ Dog Bay line structures.

TSX-V: LAB | www.labradorgold.com Together with the gold grains recovered from till, these anomalous till and lake sediment samples constitute a high priority target.

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Kingsway – Geochemical Surveys

Regional geochemical surveys over the past three years demonstrated significant gold anomalies in till, vegetation and soil samples. ➤ Gold anomalies show good alignment with the Appleton fault zone in the south more scattered in the north. The north northeast trend of gold anomalies on the south block follows the same trend as the occurrences on the New Found Gold claims to the south. Many of the gold occurrences in the district, including the Keats showing, were found by following up gold in soil anomalies associated with major structures. Soil anomalies may be indicative of source areas for the gold mineralization. Results of geochemical surveys suggest excellent potential for gold deposits associated with the Appleton fault zone.

TSX-V: LAB | www.labradorgold.com

Kingsway – Airborne Magnetics

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TSX-V: LAB | www.labradorgold.com Good correlation of antimony in till samples with NE trending structure Anomaly extends for 6.7km across Kingsway south claim block. Antimony is closely associated with Au in the New Found Gold discovery hole.

Detailed soil sampling over all three claim blocks to better define anomalous gold zones. Detailed ground magnetics and VLF-EM over all three claim blocks to delineate structures under cover. Follow up prospecting and mapping of anomalous zones. Initial drill program to test prospective targets. Item Units Cost

Detailed Soil Sampling 10,000 $1,040,000 Mag-VLF 250km $30,000 Prospecting $10,000 Drilling 2,000 $900,000 Total (CAD) $1,980,000

Planned 2020 Exploration – Kingsway Project

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Phase One

TSX-V: LAB | www.labradorgold.com

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THANK YOU

TSX-V: LAB | www.labradorgold.com

We wish to acknowledge the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

Roger Moss, President and CEO

Phone: +1-416-704-8291 E-mail: rmoss@labradorgold.com Website: www.labradorgold.com @LabGoldCorp

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Contact Us

TSX-V: LAB | www.labradorgold.com