INVESTOR PRESENTATION September 2019 Tatogga Project, Golden - - PowerPoint PPT Presentation

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INVESTOR PRESENTATION September 2019 Tatogga Project, Golden - - PowerPoint PPT Presentation

INVESTOR PRESENTATION September 2019 Tatogga Project, Golden Triangle, BC GTT : TSX-V Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation constitute forward-looking statements, including


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SLIDE 1

Tatogga Project, Golden Triangle, BC September 2019

INVESTOR PRESENTATION

GTT : TSX-V

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SLIDE 2

Cautionary Statement Regarding Forward Looking Information

Certain statements included in this presentation constitute forward-looking statements, including those identified by the words “proposed”, “will”, anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar words and expressions to the extent they relate to GT Gold Corp. (the “Company”) or its management. The forward-looking statements are not historical facts and are based on current expectations and various estimates, factors and assumptions. They therefore involve known and unknown risks, uncertainties and other factors. Any forward-looking statements represent the Company’s estimates only as of the date of this presentation and should not be relied upon as representing the Company’s estimates as

  • f any subsequent date. The material factors and assumptions that were applied in making the forward looking statements in this presentation include:
  • execution of the Company’s existing plans or exploration programs for its properties, which may change due to changes in the views of the Company, or if new information arises

which makes it prudent to change such plans or programs; and

  • the accuracy of current interpretations of geochemical, geophysical, drilling and other exploration results, since new information or new interpretations of existing information may

result in changes in the Company’s expectations. Readers should not place undue reliance on the Company’s forward-looking statements, as the Company’s actual results, performance or achievements may differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements if known or unknown risks, uncertainties or other factors affect the Company’s business, or if the Company’s estimates or assumptions prove inaccurate. Therefore, the Company cannot provide any assurance that such forward-looking statements will materialize. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

QA/QC PROCEDURES

GT Gold has implemented a rigorous quality assurance / quality control (QA/QC) program to ensure best practices in sampling and analysis of RC chips and diamond drill core, the complete details of which can be viewed on the Company’s website at http://www.gtgoldcorp.ca/projects/tatogga/ Saddle Reverse Circulation and Diamond Drill Program Assay Results Widths reported in this presentation are drilled core lengths. True widths are estimated to be approximately 85- 90% of drilled lengths for minus 50 degree holes, and approximately 70% for minus 70 degree holes. All assays are performed by ALS Canada Ltd. (Minerals), with sample preparation carried out at the ALS facility in Terrace, BC, and assays at the North Vancouver laboratory. Assay values are uncut. For gold, fire assays are performed as per ALS protocol Au-AA26 (0.01-100.00 g/t Au) using 50 grams of sample with assays equal to or greater than 5 g/t Au calculated gravimetrically, and lower-grade samples measured by (AA) atomic absorption. All samples that return equal to or greater than 5 g/t Au from initial fire assaying are additionally sent for screen metallic analysis using the remainder of the pulp (~950 grams of sample). This step is taken to ensure that any coarse grained, nugget gold fraction that may have been missed in the fire assays has been captured. GT Gold Corp.’s Qualified Person as defined by National Instrument 43-101 is Charles James Greig, P.Geo., Vice President, Exploration. Mr. Greig has reviewed and approved the technical information in this presentation.

TSXV: GTT 2

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SLIDE 3

TSXV: GTT 3

GT Gold – New Copper-Gold Play with Infrastructure and Upside

Strong management team with technical expertise and a track record of value creation

SADDLE NORTH DISCOVERY

  • Exposure to both copper and gold
  • Large-scale, high-grade Cu-Au

porphyry system, mineralized to near surface with grades increasing to depth

  • Grades exceeding 1.0% CuEq /

1.5 g/t AuEq over 777m including 1.5% CuEq / 2.0 g/t AuEq over 342m (Hole 109)*

EXPLORATION UPSIDE

  • 2018 Saddle North

High-grade Cu-Au porphyry with scale and open at depth

  • 2017 Saddle South

Near surface epithermal Au-Ag system open to east, west, south and at depth

  • Additional targets identified on

large and prospective property

TIER 1 MINING JURISDICTION

  • Located in British Columbia’s

Golden Triangle – a prolific mining region hosting a number of

  • perating mines and world-class

deposits

  • Existing infrastructure with

proximity to operating mine – including paved highway and access to provincial power grid

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SLIDE 4

TSXV: GTT 4

CANADA

Red Chris mine Paved Highway 37

Iskut

Tatogga Property

287 kV Line Port of Stewart GT Gold Saddle Camp

Tatogga: Tier 1 Jurisdiction with Access & Infrastructure

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SLIDE 5

Large Scale Cu-Au Porphyry

8,200m of drilling

Discovery confirmed! Identified large- scale mineralization with high-grade core, varying in thickness from ~100m near surface to over 300m toward depth of ~1,100m from surface. .

Growth: Infill & Expansion

Phase 1: 10,000m of drilling

Results demonstrated continuity of high grades from surface and supported expansion of the higher-grade mineralization by approximately 100m along strike to the southeast at depth, and by approximately 200m along strike to the northwest near surface. System remains open at depth and along strike. .

Saddle North: Large Scale Cu-Au Porphyry Discovery

Blind Target Discovery

1,100m of drilling

Geophysical work in 2017 identified a coincident magnetic & IP anomaly ~1000m across. Large scale Cu-Au porphyry style mineralization uncovered with end of season drilling. 2019 Saddle North drill core - late sheeted pyrite veinlets cutting veins

TSXV: GTT 5

2019 NEXT STEPS: Phase 2 Further exploration & definition +15,000m = 25,000m total in 2019

2019

Beginning consultation to progress Saddle North through resource estimation and economic evaluation

2017

2018

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SLIDE 6

 Tested core of mineralized porphyry intrusive system  Demonstrated continuity in higher grade southerly- plunging core from surface to highest-grade parts at depth  100% of holes drilled intersected Cu-Au porphyry- style mineralization  System remains open in most directions, with highly prospective targets at depth, to the west, and to the SE

Saddle North 2019 Phase 1 Summary

TSXV: GTT 6

TTD10 108

0.43 g/t Au and 0.32 % Cu

  • ver 323.

3.8 m

TTD09 093

0.72 g/t Au and 0.40 % Cu

  • ver 570.34 m

TTD09 090

0.25 g/t Au and 0.26 % Cu

  • ver 494.13 m

TTD08 085

0.54 g/t Au and 0.35 % Cu

  • ver 563.

3.54 54 m

TTD09 098

1.08 g/t Au and 0.54 % Cu

  • ver 132.

2.99 99 m

TTD10 109

0.84 g/t Au and 0.44 % Cu

  • ver 776.

6.58 58 m

2018 18 resu sults 2019 19 resu sults TTD125 0.37 g/t Au and 0.31 % Cu over 396.50 metres

including

257.00 metres at 0.42 g/t Au and 0.39% Cu TTD127 0.20 g/t Au and 0.21 % Cu over 586.26 metres

including

236.00 metres at 0.28 g/t Au and 0.30% Cu TTD126 4.05 g/t Au and 0.30 % Cu over 51.00 metres

including

50.50 g/t Au over 2 metres and 39.8 g/t Au

  • ver 2 metres

TTD121 0.43 g/t Au and 0.22 % Cu over 964.14 metres

including

229.79 metres at 0.97 g/t Au and 0.42 % Cu TTD126 0.57 g/t Au and 0.26 % Cu over 1206.00 metres

including

324.00 metres at 0.94 g/t Au and 0.51 % Cu TTD122 0.33 g/t Au and 0.23 % Cu over 234.00 metres and 0.30 g/t Au and 0.24 % Cu over 129.00 metres TTD093

0.72 g/t Au and 0.40 % Cu

  • ver 570.34 m

TTD098

1.08 g/t Au and 0.54 % Cu

  • ver 132.99 m

TTD109

0.84 g/t Au and 0.44 % Cu

  • ver 776.58 m

2018 results 2019 results TTD112 0.70 g/t Au and 0.44 % Cu over 684.90 metres

including

355.10 metres at 1.03 g/t Au and 0.60 % Cu

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SLIDE 7

7

Cross-section 5800 Cross-section 5570

Saddle North drilling across high-grade core

0.27 g/t Au and 0.24 % Cu over 280.63 metres (198.37-479.00 m) 0.28 g/t Au and 0.30 % Cu over 236.00 metres (442.00-678.00 m) 4.05 g/t Au and 0.30 % Cu over 51.00 metres (410.00-461.00 m) 0.57 g/t Au and 0.26 % Cu over 1206.00 metres (18.00-1224.00 m) 0.91 g/t Au and 0.49 % Cu over 324.00 metres (18.00-1224.00 m) 0.97 g/t Au and 0.42 % Cu over 230.00 metres (734.50-964.30 m) 0.28 g/t Au and 0.25 % Cu over 233.08 metres (99.00-332.08 m)

Note: TTD084 is ~160 metres off-section from TTD121 at the fault intercept

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SLIDE 8

TSXV: GTT 8

Saddle North: 3D Interpretation of Mineralization

  • Accessible project well

situated in broad, gently sloping valley

  • Mineralization

+700m along strike, 600-700m thickness and +1500m down-dip (1200m from surface)

  • High-grade core zone

~1400-1500m down-dip, 400m along strike and thickness of ~250-300m

  • Grades increase to depth
  • Remains open at depth

and along strike in both directions and at depth Gently sloping valley

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SLIDE 9

Saddle South – Epithermal Au-Ag System

TSXV: GTT 9

  • Discovery of deep high-grade Cu-Au

mineralization at Imperial Metals’ Red Chris project inspired regional exploration

  • High grade Au in soil anomalies followed up

by first ever Saddle South drilling in 2017

  • Drilling to date has outlined:

 An extensive near-surface zone of high grade Au-Ag epithermal mineralization spanning ~1000m X 150m X 700m  High-grade zones locally show good continuity across sections both near surface and at depth  Locally extensive surface expression of mineralization

  • Mineralized system remains open along

strike and at depth

Saddle Zone Plan Map

IP chargeability basemap Residual Magnetic Intensity (RMI) magnetic contours

1000 metres

Saddle South Saddle North

Saddle North (West) Saddle North Eastern Extension Discovery Zone Eastern Zones

mV/V mV/V Residual Magnetic Intensity (contours) 500 nT
  • 200 nT

TTD079 9.55 g/t Au

  • ver 40.89 m

TTD007 51.53 g/t Au and 117.38 g/t Ag

  • ver 6.95 m

TTD058 31.79 g/t Au and 1141.10 g/t Ag

  • ver 3.01 m
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SLIDE 10

Additional Opportunities: Quash Pass Target

TSXV: GTT 10

Quash Pass Red Chris mine Saddle Zone

  • Induced Polarization surveying, soil geochemical sampling, geologic mapping and prospecting nearing

completion at Quash-Pass target (approx. 7-8 km SW of Saddle)

  • Ground follow-up of prospective anomalies defined in airborne surveys (2019 Airborne MT, 2018

Airborne Mag and Gamma) continues

Metres 100 50

Tatogga Property

multi-element geochemical highs

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SLIDE 11

Systematic Exploration: towards a geological model & project pipeline

TSXV: GTT 11

Detailed Geophysics Geochemistry Drill Testing/Oriented Core Hyperspectral/ Alteration Mapping Mapping Structural Interpretation Geologic Model Assay Results

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SLIDE 12

TSXV: GTT 12

2017-2018 ACHEIVED & 2019 ONGOING:

  • Ungulate flight management plan developed in

2017 to:

  • Minimize disturbance to wildlife
  • Keep helicopter traffic well away from Iskut
  • Water quality work 2017, 2018 - continuing

2019

  • Archaeological surveys of drill and camp sites
  • Surveys of potential community-acceptable

road routes to site

  • Engaging with TCG Lands Director and the

Tahltan Heritage Resources Environmental Assessment Team

Environment & Archaeology - Beginning with the end in mind

We are aiming to operate at high standards. In planning for any impacts our operation may have

  • n

the surrounding ecosystems and natural environment, we have undertaken baseline environmental studies through the course of both drilling seasons completed at Saddle. These studies are helping us understand the present character and condition of the land, its water, flora and fauna, so that we can effectively manage development and mitigate potential adverse effects.

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SLIDE 13

Equity Structure & Analyst Coverage

TSXV: GTT 13

Capitalization and Balance Sheet (C$)

Share Price2 $1.02 Basic Shares Outstanding 116.1M Options Outstanding 11.5M Basic Market Capitalization $118.4M Cash3 ~$17.8M Total Debt

  • GT Gold Ownership1
  • 1. Source: IR Insight and SEDI filings at August 31, 2019.
  • 2. As at close of day September 5, 2019.
  • 3. As at June 30, 2019.
  • 4. For details, refer to press release dated May 29, 2019.

Analyst Coverage Firm Analyst GTT Target

PI Financial Chris Thomson $2.25 Red Cloud Klondike Strike Derek Macpherson N/A Average 12-month Target Price $2.25

Ross Beaty Management & Directors Newmont Goldcorp Institutional Retail & Other

9.9% 12.6% 47.0% 22.5% 8.0%

GT Gold closed a C$17.6M strategic investment by Newmont Goldcorp on May 29, 2019 4

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SLIDE 14

TSXV: GTT 14

GT Gold – New Copper-Gold Play with Infrastructure and Upside

Strong management team with technical expertise and a track record of value creation

SADDLE NORTH DISCOVERY

  • Exposure to both copper and gold
  • Large-scale, high-grade Cu-Au

porphyry system, mineralized to near surface with grades increasing to depth

  • Grades exceeding 1.0% CuEq /

1.5 g/t AuEq over 777m including 1.5% CuEq / 2.0 g/t AuEq over 342m (Hole 109)*

EXPLORATION UPSIDE

  • 2018 Saddle North

High-grade Cu-Au porphyry with scale and open at depth

  • 2017 Saddle South

Near surface epithermal Au-Ag system open to east, west, south and at depth

  • Additional targets identified on

large and prospective property

TIER 1 MINING JURISDICTION

  • Located in British Columbia’s

Golden Triangle – a prolific mining region hosting a number of

  • perating mines and world-class

deposits

  • Existing infrastructure with

proximity to operating mine – including paved highway and access to provincial power grid

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SLIDE 15

Appendix

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SLIDE 16

Copper Outlook – Growing Demand for New Supply

TSXV: GTT 16

1. Source: Wood Mackenzie mining investment presentation at TD Mining Conference in January 2019. 2. Source: RBC Capital Markets report on copper, published May 7, 2018.

Mine production and demand for mine supply Mt (forecasts after 5% disruption allowance)1

Global copper supply declines with diminishing long-term production1,2

  • Mine production expected to peak by 2022,

creating structural deficit

  • Long-term production affected by decreasing

mined grades and increasing capital intensity Demand for copper is growing sustainably3

  • Driven by copper’s inherent high-efficiency and environmental

benefits

  • Driven by increased demand for electric vehicles and renewable

energy systems

  • Green initiatives led by China - with a predicted 50% of total

primary-energy supply coming from renewable sources by 2050

  • 3. Source: ICA (International Copper Association) website 2019.

New projects are required to meet future demand growing at ~1.5% p.a.

Projected 5Mt deficit in new copper mine supply by 2028 as existing production declines and demand continues to grow steadily2

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SLIDE 17

Source: Macquarie Capital. Based on annual disclosure for selected issuers and their respective technical report filings. 1) Where cut-off grade is not disclosed as % CuEq but reported in NSR $/t or similar metrics, cut-off grade has been calculated based on respective grade, recovery, metal price, and exchange rate assumptions. 2) Cash operating costs as of 2017 annual results, except for Red Chris (since commercial production in July 2015) and Highland Valley (LOM disclosure in March 2013 Feasibility Study). Net smelter returns based on LT commodity price assumptions of US$2.90/lb Cu, US$11.00/lb Mo, US$1,250/oz Au, and US$18.00/oz Ag, and exclude any impact from royalties, transportation, and refining charges.

Mineral Reserve Cut-off Grade (% CuEq)(1) Cash Operating Costs vs. Net Smelter Return(2)

1.18% 0.54% 0.40% 0.33% 0.32% 0.29% 0.37% 0.13% 0.12% 0.10% 0.13% 0.15% 0.00% 0.25% 0.50% 0.75% 1.00% 1.25% New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP) % CuEq Reserve Grade (% CuEq) Reserve Cut-Off Grade (% CuEq) $23.1 $17.8 $11.8 $8.8 $9.8 $6.6 $41.7 $7.6 $6.9 $9.2 $5.9 $8.2 $64.8 $25.4 $18.7 $18.0 $15.7 $14.8 $0.0 $20.0 $40.0 $60.0 $80.0 New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP) US$/t milled Net Smelter Return Margin (US$/t milled) 2017 Cash Cost (US$/t milled)

Key Operating Metrics of Select Peers

TSXV: GTT 17

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SLIDE 18

Saddle North: 3D Interpretation of Mineralization

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SLIDE 19

Saddle North Grades vs. Select Producers & Developers

  • Saddle North grades

are in line with resource grades of global development projects and producing

  • perations
  • Full length intervals of

16/17 holes released to July 2019 benchmark well against global projects and suggest potentially robust economics

Source: Macquarie Capital. Based on total resources as reported in selected issuers’ most recent technical disclosure, except for Ridgeway, which is based on 2017 resources plus actuals from 2002-2017. Note: Contained metal value shown in USD; based on LT commodity price assumptions of US$2.90/lb Cu and US$1,250/oz Au. Excludes the NSR impact of variable metallurgical recoveries and any impact from recoverable by-product metals (e.g. Ag, Mo, etc.).

TSXV: GTT 19

Alpala (Cascabel) Heruga (Oyu Tolgoi) Cadia East Northparkes Ridgeway Red Chris (OP) Copper Mountain New Afton Mt Milligan

  • %

0.25% 0.50% 0.75%

  • 0.25

0.50 0.75 1.00 1.25 Copper Grade (% Cu) Gold Grade (g/t Au)

Legend:

Metal value (US$/t)

US$50/t US$75/t US$100/t

TTD098 133 m @ 1.27% CuEq & 1.92 g/t AuEq TTD108 117 m @ 1.07% CuEqCuEq & 1.63 g/t AuEq TTD093 363 m @ 1.17% CuEq & 1.81 g/t AuEq TTD109 343 m @ 1.53% CuEq & 2.08 g/t AuEq TTD102 53 m @ 1.20% CuEq & 1.81 g/t AuEq TTD111 55 m @ 0.76% CuEq & 1.03 g/t AuEq TTD113 195 m @ 0.94% CuEq & 1.28 g/t AuEq TTD116 78 m @ 1.07% CuEq & 1.46 g/t AuEq TTD112 500 m @ 1.23% CuEq & 1.67 g/t AuEq

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SLIDE 20

Sources: SolGold Plc, Peer Review January 4, 2019 intra-day spot prices used to calculate CuEq and AuEq are: Cu: $2.57/lb, Au: $1,294.80/oz, Ag: $15.65/oz. All values are reported in USD and do not consider metal recoveries

Saddle North Hole 109 Results vs. Top Global Peer Holes

TSXV: GTT 20

Rank Operator Property Location Interval (m) Cu (%) Au (g/t) CuEq (%) CuEq*m 1 Anglo American Los Sulphatos Chile 717 3.6 3.6 2,581 2 Codelco Chilean Giants Chile n/a n/a n/a n/a 2,500 3 Kennecott Bingham Canyon Utah, USA n/a n/a n/a n/a 2,500 4 Newcrest Wafi-Golpu PNG 1,422 1.14 0.64 1.61 2,289 5 Newcrest Wafi-Golpu PNG 944 1.44 1.28 2.38 2,247 6 Imperial Metals Red Chris BC, Canada 1,024 1.01 1.26 1.94 1,983 7 Anglo Gold Ashanti Nuevo Chaquiri Colombia 810 1.65 0.78 2.22 1,801 8 Freeport McMoran Grasberg Indonesia 591 1.7 1.8 3.02 1,787 9 SolGold Plc Cascabel Ecuador 1,560 0.59 0.54 0.99 1,540 10 Ivanhoe Mines Oyu Tolgoi Mongolia 326 3.77 1.23 4.67 1,524 11 SolGold Plc Cascabel Ecuador 1,197 0.63 0.83 1.24 1,485 12 Exeter Resources Caspiche Chile 1,214 0.9 0.33 1.14 1,387 13 Metallica El Morro, La Fortuna Chile 780 0.84 1.24 1.75 1,366 14 SolGold Plc Cascabel Ecuador 1,358 0.61 0.53 1.00 1,358 15 SolGold Plc Cascabel Ecuador 936 0.75 0.95 1.45 1,356 16 SolGold Plc Cascabel Ecuador 1,030 0.59 0.9 1.25 1,289 17 Newcrest Cadia Ridgeway Australia 341 0.93 3.86 3.77 1,285 18 Ivanhoe Mines Oyu Tolgoi Mongolia 476 2.16 0.67 2.65 1,263 19 Metallica El Morro, La Fortuna Chile 758 0.93 0.99 1.66 1,257 20 Anglo American Los Sulphatos Chile 990 1.26 1.26 1,247 21 Ivanhoe Mines Hugo Dummet Mongolia 302 3.11 0.98 3.83 1,157 22 Ivanhoe Mines Oyu Tolgoi Mongolia 422 2.48 0.21 2.63 1,112 23 Imperial Metals Red Chris BC, Canada 1,135 0.5 0.59 0.93 1,060 24 SolGold Plc Cascabel Ecuador 1,402 0.48 0.34 0.73 1,023 25 Exeter Resources Caspiche Chile 1,058 0.7 0.35 0.96 1,013 26 Exeter Resources Caspiche Chile 793 0.96 0.4 1.25 994 27 Imperial Metals Red Chris BC, Canada 716 0.79 0.74 1.33 956 28 GT Gold Saddle North (TTD109) BC, Canada 1,150 0.36 0.62 0.82 938 29 SolGold Plc Cascabel Ecuador 954 0.6 0.52 0.98 937 30 Metallica El Morro, La Fortuna Chile 820 0.59 0.73 1.13 924

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SLIDE 21

Upper Triassic Stuhini Group

Volcanic and volcaniclastic rocks

Stuhini Group

Early Mineral Porphyry

SW NE

  • Medium lapilli tuff and

reworked tuff; subordinate flows and volcanic conglomerate

  • Intensely quartz-sericite-pyrite

altered in Poelzer footwall

  • Chlorite-sericite altered fine-

grained crowded porphyritic to phaneritic intrusion with generally weak Cu-Au porphyry mineralization

  • Texturally variable intermediate

to mafic intrusions, likely with several phases (simplified)

  • Intense potassic alteration

commonly obscures (hornblende) plagioclase- crowded porphyries

  • Common alteration

pseudobreccia

  • Main host to mineralization at

Saddle North

Lithologic Model of Saddle North

Main Saddle North Intrusive Body

200m 180m envelope

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SLIDE 22

Upper Triassic Stuhini Group

Volcanic and volcaniclastic rocks

Stuhini Group Main Saddle North Intrusive Body

Early Mineral Porphyry Late intermineral hornblende-plagioclase porphyry

Post-mineral dykes (minor)

SW NE

Lithologic Model of Saddle North

  • Hornblende-plagioclase

porphyrytic intermediate intrusions cutting main Saddle North Intrusions

  • Geochemically distinct
  • Variably mineralized,

increasingly well-mineralized to depth (e.g., TTD093, TTD109)

  • Lower Jurassic

conglomerate, sandstone; local tuff and flows

  • Unaltered and non-

mineralized

  • Amygdaloidal to aphanitic

hornblende-phyric mafic dykes, typically <3m thick

  • Volumetrically insignificant

Lower Jurassic Hazelton Group

Sedimentary Rocks

200m 180m envelope

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SLIDE 23
  • Mixed Biotite-mineralogy signal
  • Near Poelzer Fault, shallower centers exist
  • Little to no Fe-Chlorite Signal, strong Fe-Mg Chlorite Signal
  • Common to depths > 500 m, shallower to the South
  • Weak K-Illite / Paragonitic and strong Muscovite Signal
  • Found between QSP and Chlorite dominated Hangingwall
  • K-Illite / Paragonitic-Muscovite & Muscovite Signal
  • Found in shallowly in hangingwall, often with chlorites
  • Strong K-Illite / Paragonitic-Muscovite Signal
  • Found in Stuhini Footwall & Upper Hangingwall

Porphyry Alteration Model (Hyperspectral Data)

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SLIDE 24

2019 Exploration: Saddle South

  • Strengthen geologic model by

drilling several oriented core holes across 2017 Saddle South discovery zone

  • Possibly drill test Saddle South-

style mineralization on western end of Saddle North geochemical- geophysical trend

  • Drill test footwall of Upper Triassic

intrusive rocks bounding FW on north side of Saddle South trend

  • Drill test east of Saddle South,

beneath eastern rockpile

24 TSXV: GTT

slide-25
SLIDE 25

Saddle South – 2017 & 2018 Drilling Highlights

Key Successes

  • Near surface mineralization

extended along strike to >1km

  • High-grade intervals over

broad widths demonstrate depth and bulk-tonnage potential

  • Oriented core program has

improved understanding of the

  • rientation of, and controls on,

mineralized veins and vein zones

Drill Hole ID Year Drilled Au Grade (g/t) Ag Grade (g/t) Interval (m) Comments TTD002 2017 6.57

  • 14.78

TTD007 2017 51.53

  • 6.95

TTD010 2017 5.10

  • 23.66

TTD014 2017 5.84

  • 20.71

TTD019 2017 14.75

  • 12.15

TTD022 2017 13.22

  • 7.00

TTD031 2017 48.85

  • 3.36

TTD038 2017 10.18

  • 6.87

TTD040 2017 12.64

  • 6.60

TTD045 2017 20.17

  • 2.31

TTD046 2017 20.02

  • 8.25

TTD056 2017 23.78

  • 4.02

TTD058 2017 31.79 1141.10 3.01

  • Incl. 117.00 g/t Au & 1835.00 g/t Ag over 0.70 m

TTD059 2017 12.12

  • 5.83

TTD069 2018 32.65

  • 2.82

TTD076 2018 33.40

  • 1.54

TTD077 2018 6.70

  • 4.15

TTD079 2018 9.55

  • 40.89

TSXV: GTT 25

slide-26
SLIDE 26

1. Semi Massive to Massive Sulphide Veins 2. “Thin Vein” Style 4. Carbonate-rich Veins 3. Vein Breccias

Saddle South – Styles of Mineralization

TSXV: GTT 26

slide-27
SLIDE 27

Ashwath Mehra, Executive Chairman

  • Over 30 years of mining and metals experience
  • Extensive Capital markets expertise and network of

European investors Charles J. Greig, VP Exploration

  • 35 years of experience working in the mining sector
  • Extensive experience relating specifically to deposits

in BC’s Golden Triangle Paul L. Kania, Chief Financial Officer

  • Experienced financial professional with history of

working with a number of public companies Taj Singh, Lead Independent Director

  • 17 years of development and operating experience

in the minerals sector

  • Presently serves as President and CEO of Discovery

Metals Corp Renaud Adams, Director

  • Over 25 years as a mining executive and operator globally
  • Currently serving as CEO of New Gold
  • Instrumental in Richmont Mines’ acquisition by Alamos Gold

for ~US$700M Charles Tarnocai, Director

  • Well respected geologist with PH.D in economic geology
  • Most recently served as the VP Corporate Development

at Alamos Gold John L. Pallot, Director

  • Seasoned executive with decades of experience across

a broad array of industries

  • Extensive experience raising capital for junior mining issuers

Management and Board – Proven Track Record of Success

TSXV: GTT 27

Dale Finn, Director

  • Geologist with over 35 years of experience in mining exploration
  • Currently serves as a Group Executive Exploration at Newmont

Goldcorp and is responsible for geologic functions in South America Paul Harbidge, President, CEO and Director

  • Geologist with over 20 years of experience in mining exploration

and development

  • Most recently served as Senior Vice President of Exploration at

Goldcorp

slide-28
SLIDE 28

PAUL HARBIDGE, PRESIDENT AND CEO

36 King Street East, Suite 400 Toronto, ON M5C 1E5 647-256-6754 www.gtgoldcorp.ca