September 2016 1 FORWARD LOOKING STATEMENTS TERMS OF USE AND - - PowerPoint PPT Presentation

RECENTLY CONSOLIDATED DISTRICT-SCALE ALKALINE GOLD SYSTEM September 2016

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FORWARD LOOKING STATEMENTS

TERMS OF USE AND DISCLAIMER - This presentation is being provided for the sole purpose of providing the recipients with background information about GFG Resources Inc. (“GFG”). GFG has made reasonable efforts to ensure that the information contained in this presentation is accurate as of the date hereof, however, there may be inadvertent or unintentional errors. No representation, warranty or guarantee, express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects, results or statements in relation to future matters contained in this presentation. The views and information provided herein are based on a number of estimates and assumptions that are subject to significant exploration, business, economic, regulatory and competitive uncertainties. See “Forward Looking Statements” below. GFG is not liable to any recipient or third party for the use of or reliance on the information contained in this presentation. This presentation provides information in summary form only, is not intended to be complete and does not constitute an offer to sell or the solicitation of an offer to buy any security. It is not intended to be relied upon as advice to investors or potential investors and does not constitute a personal recommendation or take into account the investment objectives, financial situation or needs of any particular investor. GFG is not acting as agent or advisor and encourages the use of independent consultants, as necessary, prior to entering into transactions. FORWARD LOOKING STATEMENTS – Except for the statements of historical fact contained herein, the information presented constitutes "forward

• looking

statements" within the meaning of Canadian and United States securities and other laws. 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”, “aims”, “anticipates”, “will”, “projects”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events, results or conditions “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. By their very nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, as well as a number of assumptions made by, and information currently available to, GFG concerning, among other things, anticipated geological formations, potential mineralization, future plans for exploration and/or development, potential future production, drilling exposure, and exploration budgets and timing of expenditures, all of which involve known and TBD risks, uncertainties and other factors which may cause the actual results, performance or achievement of GFG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, among others, risks related to the Company’s limited operating history, current and future exploration activities, the Company’s need for significant additional capital, changes in government legislation, changes in ownership interest in a project, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices and volatility of gold, silver and other metals, environmental risks and hazards, infrastructure and/or operating costs, labor and employment matters, availability of financing, permitting availability, government regulation, changes in equity markets, the uncertainties involved in interpreting geological data, the validity of the Company’s title to its properties, increases in costs and exchange rate fluctuations, the Company’s dependence on key personnel, as well as those factors discussed in the sections “Cautionary Statement Regarding Forward Looking Statements”, and "Risk Factors”.

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KEY INVESTMENT HIGHLIGHTS

Assembled a highly credible team of Explorers and Developers Recently consolidated the entire Rattlesnake Hills district via three transactions and staking (33.5K acres) Under-explored alkaline gold system similar to the Cripple Creek

(Newmont) & Wharf (Coeur) gold systems

Impressive grades at surface and depth; deposits remain open in multiple directions:

• High Grade: 56 m of 9.73 g/t Au
• Disseminated: 405 m of 1.31 g/t Au (from surface)

Aggressive exploration program for H2 2016 Target-rich environment with advanced & early-stage prospects

• 78 km of historic drilling focused largely on 2 targets

Significant corporate interest in the past

• $76 million JV entered into with Agnico-Eagle in 2011
• $15 million placement entered into with Goldcorp in 2010

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LEADERSHIP TEAM

EXECUTIVE TEAM Brian Skanderbeg - President & CEO, Director Tim Brown – Vice President, Exploration Marc Lepage – Vice President, Business Development BOARD OF DIRECTORS Patrick Downey - Non-Executive Chair Jonathan Awde - Director Stephen de Jong - Director SPECIAL ADVISORS Johnathan Rubenstein Steve Koehler

• Dr. David Palmer

4 Capital Structure Shares Outstanding* 45.8 million Options 400,000 Warrants Nil Fully Diluted* 46.2 million Cash Balance as of June 30th US$4.4M Crest Petroleum (CTP.H) (as of Sept. 9,2016) C$1.20

* Assuming completion of the Arrangement with Crest Petroleum

GFG RESOURCES - RTO TIMING

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• NI 43-101 technical report on Rattlesnake project to TSX.V;
• Share exchange between GFG Canada and GFG US completed in August 2016;
• Filed NI 43-101 report and joint (Crest & GFG) Circular September 9, 2016;
• Apply to TSX.V to resume trading of Crest (CTP

.H) (on a pre-RTO basis) – September 12, 2016;

• Mail-out Circular to Crest and GFG Shareholders – September 14, 2016;
• Crest and GFG shareholder meetings to approve RTO – on October 14, 2016;
• Court approval for RTO – mid-October, 2016; and
• Close RTO/Change name to GFG – mid-October, 2016.

43-101 Draft to TSX Exchange July

Draft IC to Crest/GFG Shareholders Aug 5th 43-101 Comments from exchange Late - Aug IC to Crest/GFG Shareholders Early - Sept Apply for Crest trading Early - Sept Crest/GFG Shareholder meeting Mid - Oct Court approval of RTO Mid - Oct Close RTO and Change Name to GFG Mid - Oct

CORPORATE STRATEGY – OPPORTUNISTIC

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• RATTLESNAKE is our cornerstone asset
• District-scale opportunity
• Excellent jurisdiction
• Demonstrated large scale Au- system
• Attractive

to Mid-tier and Major producers

• Quality assets are available and will be

reviewed to assess strategic fit.

• Projects

remain financially constrained and our ability to finance and attract partners will provide

• pportunity
• North America – Au focus
• Experienced technical team capable
• f project evaluation

Marketing Launch Sept RTO Completion Oct P1 Drilling Oct – Nov Investor & Analyst Site Visit Oct P1 Program Completed Dec

GFG Resources ‘Go For Gold’ Rattlesnake District

2nd Asset

Opportunistic Acquisition Project Generator

Wyoming: An Active and Friendly Mining State

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Economy driven by resource sector and is a leader in the U.S.: #1 national producer of:

• Coal
• Uranium
• Trona
• Bentonite

#2 in rare earths #3 in natural gas #7 in crude oil Infrastructure:

• 100 km from Casper
• 20 km to highway
• Power line on southern portion of

the property

• Access to water
• No National or State Parks near

property

Rattlesnake Hills Project

Coal Operations Uranium Operations

(Source: U.S. Energy Information Administration)

EXPLORING A PRODUCTIVE GOLD PROVINCE

1. Mutschler, F.E.et al., 1997. Potential for Alkaline Igneous Rock - Related Gold Deposits in the Colorado Plateau Laccolithic Centers. USGS Bulletin 2158 (image, past production and current resources, modified from Mutschler, et al.) 2. Rochester and Wharf Tours. Coeur Mining presentation, June 2015

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Rocky Mountain Alkaline Gold Province

• +1,500 km long belt of alkaline gold

deposits on the east side of the Rocky Mountains

• Multiple +1M ounce gold deposits
• Cripple Creek, Wharf, Golden

Sunlight: Consistent gold producers for multiple decades

• Rattlesnake is in the middle of this

productive gold belt

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Characteristic CC RSH

Qtz poor alt/min   Voluminous K & Carb altn   Minor acid altn   Fluorite   Roscoelite   Peripheral propylitic altn   Multiple magmatic events   Multiple hydrothermal events   Lithologic contacts as fluid paths   Te rich minerals  TBD Tetrahedrite  TBD Barite  TBD Structure   High Au/Ag   High Au/base metals  

AN IMPORTANT ANALOGY: Cripple Creek vs. Rattlesnake Hills

• Highly prospective geologic

setting at Rattlesnake

• Most applicable geophysical

tools underutilized:

• Airborne resistivity
• CSAMT only applied

locally (where gold discovered)

DISTRICT SCALE OPPORTUNITY AT RATTLESNAKE

• First time land package has been unified
• 36 mapped intrusive targets - Only 2 drill-tested
• Potential to find multiple North Stock – type deposits
• Potential to connect zones for significant tonnage

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Evolving Gold and Endurance Gold 2015 staking and IEV acquisition

Location Map

2016 staking and current land position

Claim block outline Endurance ground Evolving ground IEV acquisition * Staking (2015) New staking (2016)*

CONSOLIDATED LAND POSITION: A New District Scale Opportunity

North Stock Antelope Basin Black Jack

52 square miles 33,280 acres 135 square km

* IEV agreement in principle & 2016 staking is pending

Claim block outline Endurance ground Evolving ground IEV acquisition * Staking (2015) New staking (2016)*

DISCOVERIES TO DATE – All Remain Open

Antelope Basin

NORTH STOCK

• Broad mineralized corridor: 300 m by 100

m wide and drilledto a depth of 500m

• Broad +1.0

g/t Au intersections plus significant higher grade gold

• 405 m of 1.31 g/t Au
• 56 m of 9.73 g/t Au
• Open to the north, west and south towards

AntelopeBasin ANTELOPE BASIN

• 350 m x 200 m wide and drilled to a depth
• f 250 m
• 76 m of 1.91 g/t Au

BLACK JACK

• Discovered with regional soils in 2012
• 33 m of 1.35 g/t Au
• 15 2m of 0.56 g/t Au
• Open with flanking soil anomaly to the NW,

N and NE and at depth ENDURANCEACQUISITION

• Hosts a large number of alkaline intrusive

bodies with associated intense K alteration and anomalous soils and rock samples  no drilling 11

78,000 metres of core, but focused on a small section of property – Consolidation of the District is Key

2016 Staking and Land Position

North Stock Blackjack

* IEV agreement in principle & 2016 staking is pending

12 Blackjack Growler Garfield Bald Mtn Antelope Basin North Stock South Stock NE Stock

• VTEM provides key regional

resistivity model for structural interpretation; flown orthogonal to AEM survey

• AEM completed a regional

Magnetic and Radiometric survey although targets based on the airborne were not tested

• JV terminated as Au-price

dropped

• Completed - data pending
• Follow-up

with CSAMT ground survey in 2017

2016 EXPLORATION PROGRAM: Airborne VTEM Survey

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2016 EXPLORATION PROGRAM: Soil Geochemistry

Claim block outline Existing soils Phase 1 soils Phase 2 soils

• Evolving

Gold and Endurance used soils but key proximal target areas lack soil coverage

• Au, As, Bi, V, Cu & Ag

are key pathfinders with relatively low threshold anomalies showing relevance (ie. Blackjack was a 2 pt soil anomaly)

• P1 and P2 grids (5,000

samples) to be completed in 2016 with infill budgeted for 2017

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2016 EXPLORATION PROGRAM: Mapping

• Evolving

Gold completed mapping with academic support (M. Sc and Ph.D) with focus on litho and altn in core

• f

district – structural interpretationwas lacking

• Endurance, IEV & new claim

staking has regional scale mapping only

• Focus
• n

alteration and structure building from core

• f known district to the North

(Map area 2 & 3)

• Inclusion of core and

utilizing field based, geophysical data and handheld spectrometer

• SRK to be engaged and active

in Q3

NORTH STOCK & ANTELOPE BASIN TARGETS

• 78,000 m of drilling with vast majority focused on

North Stock and Antelope Basin.

• Deepest holes to 900 m depth & system

remains open to west, north & east

• Linkage and extensions have potential to significantly

extend mineralization.

NORTH STOCK & ANTELOPE BASIN – LINKAGE OPEN

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NORTH STOCK & ANTELOPE BASIN – W EXTENSION

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GREENFIELD AND BROWNFIELD TARGETS

• DISTRICT POTENTIAL IS UNTESTED
• 78,000 m of drilling with majority focused on North Stock and Antelope Basin
• Targets to be based on structural and alteration mapping, re-logging of core, 2016 VTEM/historic AEM

survey, soil geochemistry and regional mineralization model

Focus of historic drilling 18

A TARGET-RICH ENVIRONMENT THAT WARRANTS AN AGGRESSIVE EXPLORATION APPROACH

KEY INVESTMENT HIGHLIGHTS

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Assembled a highly credible team of Explorers and Developers Recently consolidated the entire Rattlesnake Hills district via three transactions and staking (33.5K acres) Under-explored alkaline gold system similar to the Cripple Creek

(Newmont) & Wharf (Coeur) gold systems

Impressive grades at surface and depth; deposits remain open in multiple directions.

• High Grade: 56 m of 9.73 g/t Au
• Disseminated: 405 m of 1.31 g/t Au (from surface)

Aggressive exploration program for H2 2016 Target-rich environment with advanced & early-stage prospects

• 78 Km of historic drilling focused largely on 2 targets

Significant corporate interest in the past

• $76 million JV entered into with Agnico-Eagle in 2011
• $15 million placement entered into with Goldcorp in 2010

APPENDIX A: EXECUTIVE TEAM & SPECIAL ADVISORS

EXECUTIVE TEAM Brian Skanderbeg, P.Geo. - President& CEO, Director

• Mr. Skanderbeg was most recently President and CEO of Claude Resources Inc. since November 2014 – which was acquired by Silver Standard Resources
• Inc. for $337 million. He previously worked for Goldcorp, Inco Ltd. and Helio Resources, holding positions in both exploration and operations. He holds a

B.Sc. from the University of Manitoba and an M.Sc. from Rhodes University, South Africa. He brings extensive experience in gold systems, operational management,cost and asset optimization and strategic analysis.

Tim Brown - Vice President Exploration

Prior to joining GFG Resources, Mr. Brown enjoyed a 21-year career at Cripple Creek. During this time he spent 9 years as Exploration Manager, during which time 6.4 million ounces of gold were added to the resource, including 4.1 million added to reserves. He also held positions as Chief Geologist, Sr. Geologist, Ore Control Geologist and Exploration Geologist. Prior to his time at Cripple Creek he has 10 years of additional experience as an exploration geologist.

Marc Lepage - Vice President Business Development

Prior to joining GFG Resources, Mr. Lepage spent nearly eight years with Claude Resources Inc. as Manager, Investor Relations which was acquired by Silver Standard Inc. in 2016. Prior to his position with Claude, Mr. Lepage held marketing and business development positions in the consumer products and financial sectors. Mr. Lepage holds a Bachelor of Commerce degree from the University of Saskatchewan and a Certified Professional Investor Relations designation from the Richard Ivey School of Business.

SPECIAL ADVISORS

Johnathan Rubenstein

• Mr. Rubenstein is a professional director, serving on the boards of several publicly listed mining companies, including MAG Silver (as Chairman), Detour

Gold Corporation,EldoradoGold Corporation,Troon Ventures Ltd., Roxgold Inc. and Rio Novo Gold Inc. Steve Koehler

• Mr. Koehler is currently Manager of Projects for Gold Standard Ventures. Mr. Koehler has had a 24 year career with Newmont, Placer Dome and Miranda

Gold working on the Carlin and Cortez Trends of northern Nevada. Which included gold discoveries at Leeville, Four Corners, Hardie Footwall Extension, Pete underground and Cortez Hills. He was also Chief Geologist for Evolving Gold and is an AIPG Certified Professional Geologist (#10216) and a QP as defined by NI 43-101.

• Dr. David Palmer

Over 25 years as an exploration geologist in international mining industry. Currently CEO of Probe Metals; previously CEO of Probe Mines and responsible for two major mineraldiscoveries, includingthe multi-million ounceBorden Gold depositacquired by Goldcorp in 2015.

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APPENDIX B: BOARD OF DIRECTORS

Brian Skanderbeg, P.Geo. - President & CEO, Director

• Mr. Skanderbeg was most recently President and CEO of Claude Resources Inc. since November 2014 – which was acquired by Silver

Standard Resources Inc. for $337 million. He previously worked for Goldcorp, Inco Ltd. and Helio Resources, holding positions in both exploration and operations. He holds a B.Sc. from the University of Manitoba and an M.Sc. from Rhodes University, South Africa. He brings extensive experience in gold systems, operational management,cost and asset optimization and strategicanalysis. Patrick Downey, P.Eng. - Non-Executive Chair

• Mr. Downey has over 25 years of international experience in the resource industry. Most recently, Mr. Downey was a Director at Claude

Resources Inc. Prior to this, Mr Downey was President and CEO of Elgin Mining Inc., which was acquired by Mandalay Resources Inc. He has held numerous senior engineering positions at several large scale gold mining operations. He holds a B.Sc (Hon.) degree in Engineering from Queen's University in Belfast, Ireland. Jonathan Awde, B.A. - Director

• Mr. Awde has the spent the last 12 years financing junior resource companies and has focused on institutional accounts. Mr. Awde has

raised over $150m for public and private companies in the resource sector. Mr. Awde is co-founder, President/CEO and a Director of Gold Standard Ventures where he oversees all financing, corporate activities and developments for the company. Mr. Awde received his BA in Economics & Finance from Acadia University and is a former Sales & Tradingprofessional at a CDN Broker Dealer. Stephen de Jong, B. Comm. - Director

• Mr. de Jong is currently President and CEO of Integra Gold Corp. Under his leadership, Mr. de Jong has advanced the Lamaque project

towards production. He has been instrumental in the financing of the Company, having raised $100 million in equity since assuming the Chief Executive Officer position. Mr. de Jong holds a Bachelor of Commerce degree from Royal Roads University and is also a Director of EastmainResources Inc. 21