| February 2020 | bluethundermining.com | Forward Looking Statements - - PowerPoint PPT Presentation

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| February 2020 | bluethundermining.com | Forward Looking Statements - - PowerPoint PPT Presentation

| February 2020 | bluethundermining.com | Forward Looking Statements This document contains forward- looking statements that reflect the companys current expectations regarding future events. To the extent that any statements in this document


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| February 2020 | bluethundermining.com |

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Forward Looking Statements

This document contains forward-looking statements that reflect the company’s current expectations regarding future

  • events. To the extent that any statements in this document contain information that is not historical, the statements are

essentially forward-looking and are often identified by works such as as “anticipates”, “intends”, “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates”, “targets”, or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events

  • r results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. Forward looking statements

involve risks, uncertainties and other factors that could cause results to differ materially from those expressed or implied by such forward-looking statements. There are many factors that could cause such differences, particularly: volatility and sensitivity to market metal process; impact of change in foreign currency exchange rates and interest rates; imprecision in reserve estimates; environmental risks including increase regulatory burdens; unexpected geological conditions; adverse mining conditions; changes in government regulations and policies, including laws and policies; failure to obtain necessary permits and approvals from government authorities; and other development and operating risks. Whereas the company believes the assumptions underlying in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, whether or not it should be revised because of new information, future events or otherwise, unless required to do so by the applicable securities laws. Qualified Person John Langton, M.Sc., P. Geo., owner of JPL Geoservices, is the Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

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“The Nelligan gold discovery is a potential game changer for the district and will attract attention on our nearby Muus Project Blue Thunder Mining has the right ingredients, in a great location and at the right time to make amazing mineral discoveries. We are very excited and have high expectations.”

– Chad Williams, CEO and Chairman

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GEOLOGICAL HOT SPOT

  • Significant amount of recent staking, consolidation, acquisitions and M&A in the Chibougamau District
  • Muus Project is proximal to past producers and deposits (Joe Mann, Philibert, Chevrier) and recent exploration

success (Nelligan, Monster Lake)

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Blue Thunder Highlights

QUEBEC AMONG THE BEST JURISDICTIONS

  • Quebec rated fourth best mining jurisdiction in the world by the Fraser Institute (2019)
  • Excellent access and infrastructure; ~55 km SSW of Chibougamau; good road access; power and rail nearby

LARGE LAND POSTION

  • Blue Thunder holds 100% interest in the Muus Project (~48,500 hectares), consisting of three separate blocks;

Muus, Muus East and Nisk

  • Very compelling structural setting, covering ~24 km of the Guercheville Deformation Zone, host to many of the

gold deposits in the Chibougamau District

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BLUE THUNDER COMMENCES TRADING ON THE TSX

  • Completion of the previously announced amalgamation with CPC Platform Eight Capital Corp.
  • Blue Thunder commenced trading on February 14, 2020 (TSX-V:BLUE)
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Current Blue Thunder Share Data

(as of February 14, 2020)

TSXV:BLUE

51.84 M shares outstanding 4.85 M options 5.25 M warrants 61.94 M fully diluted

Red Cloud Mining Capital Inc. Board and Management Plethora Private Equity Delbrook Others

35.7% 11.2% 43.5% 5.9%

3.7%

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Principle Shareholders

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Muus Project - Location Muus Project - Location Muus Project - Location

Nelligan Monster Lake Fenton Bachelor Lake Windfall Barry Chevrier Joe Mann Phillibert Meston

Well-maintained Forestry Service gravel road provides direct access to property

Chibougamau-Chapais Mining Camp: 3 billion pounds of copper and 4 million ounces of gold produced Chibougamau Chapais Waswanipi

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1 Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources

Blue Thunder Claims

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Blue Thunder Claims Blue Thunder Claims

Muus East Nisk Muus

Blue Thunder Claims

Chibougamau

Nelligan

Chapais

Monster Lake Chevrier Joe Mann Phillibert Meston Fenton

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Muus Project Geology

Muus Property Nisk Property Muus East Property

Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca

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Nelligan Maiden Resource Announced October 2019

(75% IAMGOLD, 25% Vanstar)

Inferred Resource: 97Mt @ 1.0 g/t Au = 3.2Moz Au

(currently deposit is ~1 km along strike and open in most directions)

October 22, 2019 IAMGOLD Corporation News Release

Mineralization at Nelligan is Not Typical of the Abitibi

→ Gold mineralization hosted in ductile-deformed sedimentary units within the Druillette syncline and associated with the Guercheville Deformation Zone. → Pervasive alteration and replacement, with disseminated mineralization (rather than veins); this style of mineralization is not common locally.

NEW DISCOVERY AT NELLIGAN → Game-Changing Discovery

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Another Nelligan to be Found?

→ The Nelligan host sedimentary units and structural fabrics strike WNW towards the Muus Property; Muus and Nelligan have similar underlying geology and setting. → Regional and local structures and deformation zones are common to both Muus and Nelligan.

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HISTORICAL WORK

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  • Majority of the exploration work on Muus between 1950’s and 1980’s, focused on

discrete parts of the property. Nisk and Muus East remain mostly unexplored.

  • Previous work includes:

― 154 diamond-drill holes (ddh); mostly shallow and wide-spaced; anomalous drill hole assays were often not followed-up ― Till sampling using RC drilling ― Airborne and ground geophysical surveys (magnetics, EM, VLF, IP) ― Mapping, trenching and sampling

BLUE THUNDER EXPLORATION

  • Blue Thunder acquired the Muus property in 2017 and have gradually added to the

land position through staking and option agreements.

  • Blue Thunder exploration includes:

― Airborne fixed wing aeromagnetic survey in early 2019, covering the original Muus block (50-100 m spaced flight lines) ― Helicopter aeromagnetic survey (50-250 m spaced flight lines) in late 2019 covering the newly acquired ground at Muus, as well the Muus East and Nisk properties (results pending) ― Regional prospecting/sampling and a trenching/ sampling program at prospective Welb Showing (results pending)

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Source: SIGEOM WEBSITE, SYSTEM D’INFORMATION GEOMINERE DU QUEBEC | CARTE INTERACTIVE

MUUS HISTORICAL TILL SAMPLING

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Muus Property

Clusters of till concentrate samples ranging up to >23,000 ppb Au

Guercheville Deformation Zone

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Muus

Joe Mann Mine Historical Production (4): 1.8Moz @ 8.5 g/t Au Chevrier Main Zone(3): Ind: 11Mt @ 1.2 g/t = 423Koz Inf: 6.3 Mt @ 1.3 g/t = 259Koz Monster Lake Deposit (1): Inf: 1.1Mt @ 12 g/t = 433Koz Au Philibert Deposit (4): 1.4Mt @ 5.3g/t = 200Koz Au Meston Deposit (4): 1.2Mt @ 6.3g/t = 200Koz Au

Nisk

MEGATEM II MAGNETIC DATA

(1) Monster Lake NI 43-101 Technical Report, Apr 9, 2018, Prepared for Iamgold Corp and Tomagold Corp (2) Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources (3) Chevrier NI 43-101 Tehcnical Evaluation Report, Feb 4, 2019, Prepared for Genesis Metals Inc (4) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon (5) Sourced from Quebec Government SIGEOM website

Nelligan Deposit (2): Iamgold/Vanstar JV Inf: 97Mt @ 1.0 g/t = 3.2Moz Au

Vertical Gradient of Residual Magnetic Field(5)

Muus East

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MUUS AIR-MAG SURVEY (Total Magnetic Intensity)

(December 2019)

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During December 2019, the un-flown portions on Muus were flown, along with Nisk and Muus East

Muus Nisk Muus East

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SELECTED MUUS HISTORICAL SHOWINGS + GEOLOGY

Lac Bernard-South Drillhole LB-1 1 g/t Au over 1.6m From 139.3m to 140.9m Lac Bernard West Drillhole F1: 0.6m @ 13.6 g/t Ag From 58.2m to 58.8m Welb 8 g/t Au over 1m Channel sample Chesbar 2-B Drillhole 15 0.3% Cu over 5.5m From 282’ to 300’ Chesbar Deposit(1) Historic Resource 14Kt @ 1.9% Cu Lac Rane 1.2% Cu + 0.4 g/t Au Over 0.5m Channel sample Lac Des Stables 0.6% Cu and 1.7 g/t Ag Grab Sample PS-3 2.6 g/t Au grab sample Riverside Hole 1-A 29.5 g/t Au over 0.6m From 379 ft to 381 ft Drillhole VS-93-01 1.1 g/t Au over 0.6m From 57.8m to 58.4m Lac des Vents South Hole LDV-9 4.0 g/t Au over 2.0m From 16.6m to 18.6m Drillhole SP-93-02 1.6 g/t Au over 1m From 23.5m to 24.5m Drillhole LC-20 1.2 g/t Au over 0.4m From 66.5 to 66.9m

(1) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon (2) Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca

Drillhole LDV-28 2.3 g/t Au over 1.5m From 76m to 77.5m

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Muus Project: Initial Target Areas

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Muus Property Nisk Property

Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca

Muus East Property

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NEXT STEPS:

DEFINE HIGHEST PRIORITY DRILL TARGETS

  • Compile all historical data on the Project and

incorporate with the recent airborne surveys

  • Complete Artificial Intelligence and Machine Learning

using compiled Project data to assist in target definition

  • 2020 Spring/summer: complete mapping/sampling

ground geophysics over prioritized targets

  • 2020 Spring/summer: diamond-drilling of “best” targets
  • Continue to pursue new acquisition/M&A opportunities

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  • Founder and Chairman of Red Cloud

Securities

  • Former CEO of Victoria Gold Corp
  • Former Head of Mining Investment

Banking at Blackmont Capital

CHAIRMAN, CEO, DIRECTOR

Chad Williams

  • Former VP, Research at Red Cloud Securities
  • Former Manager of Corporate Development at

Victoria Gold Corp from 2010 to 2015

  • Over 10 years of experience exploration geologist

in the DRC, Canada and Indonesia

TECHNICAL ADVISOR

Edmond Thorose

  • Almost 15 years of experience in all aspects of

the finance function within the mining industry

  • Previously CFO of Lupaka Gold Corp. and VP

Finance at Dominion Diamond Corporation

  • Has CPA (CMA) designation and is a CFA

charterholder

CHIEF FINANCIAL OFFICER

Ryan Webster Drew Anwyll, P.Eng

PRESIDENT

  • Former SVP Technical Services Detour Gold
  • Former VP Operations & Mine General Manager

Detour Gold

  • Over 25 years of international gold mining

experience in exploration, start-up, construction and production in Open Pit and Underground

  • perations

Our Strong Management Team

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  • Former VP Corporate Development at Entrée

Resources and COO at Mason Resources

  • More than 30 years experience in the mining and

exploration industry with a strong background in project management and evaluation, exploration program design and execution, and evaluation of M&A opportunities

Technical Consultant

Robert Cinits P.Geo

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Accomplished Board of Directors

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  • Operating executive with senior

management background

  • Dedicated to building and transforming
  • rganizations to drive significant growth

and value

DIRECTOR

Arv Gupta

  • President of Red Cloud Securities
  • Former Director in the Mining Equity Research

Group for National Bank Financial

  • Over the past 20 years has worked in mining

equity research at Wellington West, Scotia Capital and TD Securities

DIRECTOR

Paolo Lostritto

  • Mining Executive and Geologist with over 30

years of experience

  • At Toronto Stock Exchange from 1997 to 2005

culminating as National Leader of Mining

  • Director of Aurania Resources Ltd., Almaden

Minerals Ltd and Alamos Gold Inc.

DIRECTOR

Elaine Ellingham

  • Entrepreneur with 20 years of experience in

management and business development in technology

  • Areas of expertise: strategic planning, business

development, providing strategic solutions, creating business initiative and identifying

  • pportunities.

DIRECTOR

Rick Paolone Phil Girard

DIRECTOR

  • 30 year capital markets professional, specialized in

funding Junior & Mid-Cap growth public companies.

  • Extensive understanding of financial analysis,

accounting, and proper capital structure to mitigate investment risk.

  • Former Branch Manager (2000-2015), member of the

Executive Management Team, Board of Director of Haywood Securities Inc.

  • Co-Founder of Green Rise Capital Corp.(2017)
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CONTACT US Blue Thunder Mining Corporation 105 King Street East 2nd Floor Toronto, ON M5C 1G6 info@bluethundermining.com 1-416-477-3404

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Appendix / Supplemental Slides

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Adjacent Properties

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Note: Property boundaries of adjacent properties are approximate

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Blue Thunder / Platform Eight Transaction and Public Listing

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➢ On January 31, 2020 Blue Thunder Mining Corp. (“Blue Thunder”) and Platform Eight Capital Corp. (“Platform”) received conditional approval from the TSX Venture Exchange (“TSXV”) of the Qualifying Transaction1 of

  • Platform. At the closing of the transaction, in accordance with the

amalgamation agreement dated November 28, 2019:

  • Platform will acquire all issued and outstanding shares of Blue Thunder

for 26.8476 shares of Platform

  • Platform will change its name to Blue Thunder Mining Inc.
  • Blue Thunder Mining Inc. will commence trading with a TSXV listing

under the symbol BLUE ➢ All pending TSXV approvals have been received and Blue Thunder commenced trading on February 14, 2020 (TSXV:BLUE)

(1) As such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSXV