INVESTOR PRESENTATION Tatogga Project, Golden Triangle, BC July - - PowerPoint PPT Presentation

INVESTOR PRESENTATION

Tatogga Project, Golden Triangle, BC

July 2019 GTT : TSX-V

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

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

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

TSXV: GTT 3 *See press release dated January 9, 2019

Strong management with technical expertise, extensive capital markets experience and a track record of value creation

Equity Structure & Analyst Coverage

TSXV: GTT 4

Capitalization and Balance Sheet (C$)

Share Price* $1.04 Basic Shares Outstanding 116.1M Options Outstanding 10.5M Basic Market Capitalization $120.7M Cash ~$19.0M Total Debt

• * as at 19/07/2019 close

GT Gold Ownership1

• 1. Source: IR Insight, SEDI filings and financing agreement at May 31, 2019.
• 2. For details, refer to press release also dated May 29, 2019.

Research Coverage Firm Analyst GTT Target

PI Financial Chris Thomson $2.60 Red Cloud Klondike Strike Derek Macpherson N/A Average 12-month Target Price $2.60

Ross Beaty Management & Directors Newmont Goldcorp Institutional Retail & Other

9.9% 12.6% 47.0% 22.5% 8.0%

• GT Gold closed a C$17.6 million strategic

investment by Newmont Goldcorp on May 29, 20192

TSXV: GTT 5

Tatogga Property

• 100% owned, ~468km2
• Located near a number of world-class

deposits in renowned Golden Triangle (~15km west of Newcrest/Imperial Metals’ Red Chris mine) Excellent access to infrastructure

• Accessible via paved Highway 37
• Near Provincial power grid (287 kV)
• Nearby deep water port

Golden Triangle, British Columbia

Tatogga Property

CANADA

Tier 1 Jurisdiction with Existing Infrastructure

Red Chris mine Saddle Zone Quash Pass Paved Highway 37 Powerline

Saddle North – Favourable Topography & Site Access

• Saddle Zone target area

comprises ~3.5km2 (~1%

• f total Tatogga property)
• From the north, Saddle

North is easily accessible along the bottom of a gently sloping valley with little change in elevation

6 TSXV: GTT

 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 most obvious significant potential to depth and to the NW

Saddle North Cu-Au Porphyry Discovery

TSXV: GTT 7

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

TSXV: GTT 8

Section A: drilling across high grade core

Saddle North – High Grade Core Continuous to Surface

• 2018 drilling identified high-grade core open to depth, varying

in thickness from ~100m near surface to over 300m at depth

• 2019 first drill results demonstrate continuity of high grades

from surface 2018 Hole 109 extended known high grade mineralization by ~300m down-dip:

343m @ 1.28 g/t Au, 0.57% Cu, 2.30 g/t Ag (1.53% CuEq; 2.08 g/t AuEq) within 1150m from surface @ 0.62 g/t Au, 0.36% Cu, 1.17 g/t Ag (0.82% CuEq; 1.12 g/t AuEq)

2019 Saddle North drill core - late sheeted pyrite veinlets cutting veins

 Confirmed that high grades identified in hole 108 continue up-dip to surface  Holes 116 and 112 demonstrate direct link of excellent and increasing grades between near-surface mineralization through to deeper/generally highest- grade mineralization at depth

• Drilling continues with 2 rigs:
• 1. to extend near-surface high-grade

mineralization NW along strike from holes 113, 111 and 108

• 2. to test deeper high-grade zone

centred around holes 93 and 109

2019 Saddle North Phase 1 Drilling: Results from First Six Holes

TSXV: GTT 10

Saddle North – 2019 First Six Drill Holes Demonstrate Continuity

• f High Grades from Surface
• Hole 111 successfully tested up-dip of shallowest 2018 intersection (hole 108)
• 103m @ 0.35 g/t Au, 0.36% Cu, 1.23 g/t Ag (0.64% CuEq; 0.85 g/t AuEq)

within 247m (9 to 247m) from surface @ 0.25 g/t Au, 0.28% Cu, 0.97 g/t Ag (0.48% CuEq; 0.64 g/t AuEq)

• Hole 112 links very high grades in 2018 deep holes (93, 109) with near surface high grades (hole 108)
• 500m @ 0.91 g/t Au, 0.55% Cu, 1.34 g/t Ag (1.23% CuEq; 1.67 g/t AuEq)

within 706m (21 to 706m) @ 0.70 g/t Au, 0.44 % Cu, 1.09 g/t Ag (0.96 % CuEq; 1.31 g/t AuEq)

• Hole 113 demonstrates along-strike continuity of near-surface mineralization to northwest (holes 108, 111)
• 251m @ 0.53 g/t Au, 0.43% Cu, 1.15 g/t Ag (0.83% CuEq; 1.13 g/t AuEq) and

165m @ 0.68 g/t Au, 0.49% Cu, 1.21 g/t Ag (1.01% CuEq; 1.37 g/t AuEq) within 303m (43 to 346m) @ 0.45 g/t Au, 0.38% Cu, 1.04 g/t Ag (0.72% CuEq; 0.98 g/t AuEq)

• Hole 116 (consistent with hole 112) links very high grades in 2018 deep holes with near-surface high grades

(holes 108, 111, 113)

• 297m @ 0.61 g/t Au, 0.42% Cu, 1.09 g/t Ag (0.88% CuEq; 1.20 g/t AuEq) and

1.82m @ 14 g/t Au and 5.2% Cu at the base of the mineralized zone within 431m (17 to 447m) @ 0.46 g/t Au, 0.33% Cu, 0.91 g/t Ag (0.68% CuEq; 0.93 g/t AuEq)

TSXV: GTT 11

Saddle North – 3D Interpretation of Mineralization

• Accessible project – well situated

in broad, gently sloping valley

• Mineralization ~650m along strike,

~700m true widths and ~1300m down-dip (1100m from surface)

• High-grade core zone also

~1300m down-dip with true thickness ranging from ~100m near surface to over 300m at depth

• Grades increase to depth
• Remains open along strike in

both directions and at depth Gently sloping valley

0.6% Cu Eq grade shell 0.3% Cu Eq grade shell

Saddle North Saddle South

1% Cu Eq grade shell

Up N E

500 m

Interpretation based on compiled 2017-2018 Saddle North drill results

Saddle North Grades vs. Select Projects

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)

US$25/t US$50/t US$75/t

TTD109 1,150 m @ 0.76% CuEq TTD109 343 m @ 1.40% CuEq TTD108 117 m @ 1.05% CuEq TTD093 363 m @ 1.17% CuEq TTD098 133 m @ 1.24% CuEq TTD102 53 m @ 1.17% CuEq

• Saddle North grades

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

• perations
• Full length intervals of

all 2017-2018 holes drilled 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 12

Legend:

Metal value (US$/t)

US$100/t

Saddle South – Epithermal Au-Ag System

• 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 with 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

• f mineralization
• Mineralized system remains open along

strike and at depth

TSXV: GTT 13

2019 Exploration Program

TSXV: GTT 14

FULLY FUNDED 2019 PROGRAM  C$17.6M financing with 9.9% investment by SADDLE NORTH ~5,000m shallow drilling to expand mineralization at surface and along strike within broad coincident magnetic and IP anomaly SADDLE NORTH ~5,000m deeper drilling to expand mineralization and to confirm grade increase/strength at depth TATOGGAPROJECT Additional Exploration Determine 2019 follow up plan based

• n Phase 1 timing

and results, considering all Saddle data and additional historical Cu and Au targets

• n large prospective

property

Phase 1 Phase 2 Exploration

~10,000m of drilling

• Demonstrate, define and expand

near surface mineralization and higher grade deep Cu-Au porphyry mineralization; possibly connect the two

• Test or further test targets along

East-West geophysical/geochemical trend (e.g.,TTD064)

• Continue to consider footwall

possibilities - potential for displaced mineralization across Poelzer fault

2019 Exploration Phase 1 - Saddle North

~6,500m drilled to date with expected completion by early August

15

dee deep ext xtensions Nea ear sur surface tar arget ar area

Achieved to date (at July 17, 2019):  Phase 1 shallow drilling to demonstrate and define high grade mineralization which appears to extend to surface  One drill focused on outlining near-surface mineralization up-dip and along strike from 2018 drill hole TTD108

• ~5,000m of drilling proposed along a

variably- spaced grid (generally 100m), as part of phase one program

2019 Saddle North Phase 1: Near Surface Potential ~5,000m of drilling

TTD109 TTD093

Shallow 2019 diamond drill holes 2017 + 2018 diamond drill holes

TTD106 TTD108

500m

1 g/t Au Eq / 0.66% Cu Eq Shell Surface

TTD064

TTD090

N

> 50 mV/V < 2 mV/V 500m

Plan View

July 2019 Shallow Drilling

Looking -20° → North

E W

High-grade mineralization appears to reach surface and strengthen at depth as grades increase and/or remain strong; mineralization remains open to depth

• Second drill focused on outlining deeper

mineralization

• Help constrain geometry at depth by targeting

the shallower parts of the high-grade core (<400m); extend deep and high-grade intersections from 2018 (e.g., TTD093, 098, 109) along strike and down-dip

• Investigate possibility of presence of higher

temperature bornite-bearing Cu-Au mineralization, as at Red-Chris

2019 Saddle North Phase 1: Expansion at Depth ~5,000m of drilling

E W

1 g/t Au Eq / 0.66% Cu Eq Shell Surface

250m

50 mV/v 15 mV/V 7 mV/V 5 mV/V 0 mV/V

IP Chargeability

Prices (USD) used to calculate CuEq and AuEq are: Cu: $2.64/lb, Au: $1,194.70/oz, Ag: $14.17/oz. Metal recoveries are assumed at 100%

Deep 2019 diamond drill holes 2017 + 2018 diamond drill holes

July 2019 Deep Drilling

Looking -20° → North

2019 Deep Collars

2019 Exploration: Phase 2 Drill Program

• Drilling to be based on results of Phase 1 and on presence of additional targets developed from

additional exploration along strike and property-wide (mobile MT, additional IP surveying)

• Exact meterage to be determined as season progresses based on duration of season remaining

18

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

19

2019 Exploration – Additional Opportunities

TSXV: GTT 20

Quash Pass Red Chris mine Saddle Zone

A number of discovery opportunities exist on the large Tatogga land package with >46,000 Ha

• f virtually untested ground

2019 ACTIVITIES

• Further prospecting, soil and stream sediment

sampling is ongoing at the Quash-Pass target, ~7km southwest of Saddle

• Ground follow-up of prospective anomalies

defined in 2018 airborne mag and gamma survey, plus any anomalies identified in 2019 airborne MT survey

Copper Outlook – Growing Demand for New Supply

TSXV: GTT 21

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

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

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

TSXV: GTT 22 *See press release dated January 9, 2019

Strong management with technical expertise, extensive capital markets experience and a track record of value creation

Appendix

2019 Exploration – Saddle North Drilling Commenced Early June

TSXV: GTT 24

2019 Exploration – Additional Activities & Opportunities

Priorities

• Additional IP surveying, geologic mapping and prospecting along trend to east of Saddle North to investigate prospective magnetic

anomalies

• Property-wide airborne Magnetotelluric (MT) survey was completed early July, and the data collected is being compiled and modelled

along with previously collected geophysical data, and any anomalies identified will be targeted with additional fieldwork

• Interpret results of recently-completed HyperSpectral Imagery (TTD093, 085,108; CoreScan); leverage 2018 core-logging,

hyperspectral, immobile element and petrographic data using Corescan data

• Follow up investigation of rocks and structures encountered in drill holes intersecting footwall fault to vector towards source of alteration

in host rocks Additional Opportunities

• Possible drill test: near surface but narrow high-grade Cu-Au mineralization intersected in TTD064
• Infill IP lines to help define possible drill targets at Pass Gossan (along with several days more detailed mapping); will require line-

cutting

• Continued property-scale and detailed (Saddle North and South, some Pass Gossan) geologic mapping and limited soil geochemical

sampling

25

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 26

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 27

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

Saddle North and Saddle South – IP

TSXV: GTT 28

6408000 mN 6409000 mN 434000 mE 435000 mE 437000 mE 433000 mE 438000 mE

N

IP Chargeability mV/V

0.60% Cu Eq 0.30% Cu Eq

high-grade Au-mineralized subcrop 4.71 g/t Au talus fines 40.30 g/t Au talus fines

• Highly prospective and

untested areas within IP anomaly extend well beyond demonstrated mineralization at Saddle North

• Significant potential for

mineralization beyond boundaries of current IP survey

TSXV: GTT 29

Saddle North – Gently Sloping Terrain

500 m

N

Saddle North – 2017 Early Indications

TSXV: GTT 30

• Encouraging results for a potentially

economic Cu-Au porphyry from early drilling at close of 2017 season

• Both holes within ~1km apart showing

porphyry-style mineralization hosted by intrusive rocks:

• Hole 62 – Broad extent of Cu-Au

mineralization with grades increasing at depth

• Hole 64 – Gold-rich porphyry-

style similar to Saddle North high grade core

TTD085

201 m 279 m 707 m 823m 201 m 231 m 495 m 568 m

TTD090

31

Saddle North – Interpretation of Mineralization

TSXV: GTT 32

0.6% Cu Eq 0.3% Cu Eq

Saddle North Saddle South

Up E

1% Cu Eq

500 m

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 33

Field of View ~0.65mm Field of View ~0.25mm

• Initial, unoptimized metallurgical test results for 28 composites

spatially and mineralogically representative of the Saddle quartz-carbonate-sulphide mineralization show it is amenable to standard cyanidation processing

• Average recoveries of 84% gold and 25% silver, including

numerous samples that showed recoveries of over 90%, and as high as 98%

• Optimization is expected to increase average recoveries well

into the 90s

• Future testing will include floating a sulphide con and other

approaches aimed at maximizing recoveries with minimum cost

• Note 1. 80% passing 100 microns, maximum 48 hour

retention time – most reports within 24 hours

Saddle South – Initial Metallurgical Results Strongly Positive

TSXV: GTT 34

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 35

Regional Exploration – Additional Opportunities

TSXV: GTT 36

Cu Geochem Anomalies Au Geochem Anomalies 2013 sampling identified several Cu and Au anomalies on the large Tatogga land package

Ashwath Mehra, Executive Chairman

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

network of European investors Steve Burleton, President and CEO

• An experienced mining executive with significant

experience in capital raising and strategy.

• Most recently with Richmont Mines

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

• An experienced financial professional with experience

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 of 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

PROVEN TRACK RECORD OF VALUE CREATION EXTENSIVE TECHNICAL AND CAPITAL MARKETS EXPERTISE

Management and Board – Proven Track Record of Success

TSXV: GTT 37

S T E V E B U R L E T O N , P R E S I D E N T A N D C E O

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