#1ADVANCING GOLD EXPLORATION PROPERTIES IN SASKATCHEWAN CORPORATE PRESENTATION This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G#2FORWARD LOOKING STATEMENTS All statements, other than statements of historical fact, contained in this presentation constitute "forward-looking statements "within the meaning of the United States Private Securities Litigation Reform Act of 1995, and "forward-looking information" under similar Canadian legislation and are based on the reasonable expectations, estimates and projections of the Company as of the date of this presentation. Forward-looking statements and forward-looking information include, without limitation, possible events, trends and opportunities and statements with respect to, among other things, the state of the uranium market, global market conditions, the ability of the Company to identify and acquire assets, results of exploration activities, the nature of potential business acquisitions, capital expenditures, successful development of potential acquisitions, currency fluctuations, government policy and regulation, geopolitical uncertainty and environmental regulation. Generally, forward-looking statements and forward-looking information can be identified using forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken”, “occur” or “be achieved". Forward-looking statements and forward-looking information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many of these uncertainties and contingencies can affect the Company's actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements and forward-looking information made by, or on behalf of, the Company. All the forward-looking statements and forward-looking information made in this presentation are qualified by these cautionary statements. Although management of the Company has at tempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction. Darren Slugoski, P. Geo. is a qualified person within the context of National Instrument 43-101 and has read and approved the technical aspects of this presentation. This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 02#3BOARD of DIRECTORS Ronald Netolitzky Chairman of the Board 2015 Mining Hall of Fame inductee • • 40+ years of experience Director of several publicly traded exploration companies Directly involved in 3 major gold discoveries in Canada: Eskay Creek, Snip and Brewery Creek Robert V. Matthews, CA Director • • Chartered Professional Accountant, B. Comm. University of Alberta Past senior officer of MacMillan Bloedel Limited Current and former CFO, director and audit committee member of various publicly traded mineral exploration companies. Rodney H. Spooner, P.Eng, P.Geo Director P.Eng and P.Geo., APEGS • • B.Sc. in Geology from the University of Saskatchewan 40+ years in the mineral exploration and processing industry. Founded and held senior management and board positions with junior companies past and present. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 03#4CONSULTANTS Important to the work we do are the consultants we use to help us achieve our goals. ■ MAS Gold encourages continued involvement with the local Lac La Ronge Indian Band. MAS Gold works with Axiom Exploration Group and Canada North Environmental Services. AXIOM GROUP CanNorth Canada North Environmental Services ■MAS Gold recently hired Mr. Ron Avery and Mr. Andre Douchane to assist us in moving forward with our strategic plan to increase resources and advance the Hub and Spoke model. Both gentlemen have extensive experience in exploration projects and the mining industry at all levels. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 05 This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents.#5WHY GOLD? 66 Gold was nonetheless one of the best performing assets in first half of 2022. Estimated 3-year gold price forecast $2,225 US/oz... based upon blended average of expert market analysts. 66 Gold historically performs well in periods of high inflation. Gold has typically outperformed following the 1st rate hike of a Fed tightening cycle. 66 ...gold mining stocks offer an undervalued growth opportunity for investors looking to capitalize on the gold bull markets. - World Gold Council, June 2022 Gold-Eagle, June 2022 - World Gold Council, June 2022 Visual Capitalist, Jan 2021 MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 06 90#6CORPORATE VISION La Ronge Gold Belt Saskatchewan, Canada This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G MAS Gold has consolidated over one million ounces of gold from its portfolio of acquired historical and recently updated resources located within our Preview-North and Greywacke Lake Properties located in the geologically potent La Ronge Gold Belt in Saskatchewan, Canada. MAS Gold's aim for 2022 is to increase our total gold resources to 1.5 million ounces through other strategic acquisitions and step-out and verification drilling with a longer-term vision of gold production. Highly prospective and advanced properties were acquired that were accessible from existing road networks and close to all infrastructure. The province of Saskatchewan offers a mining friendly jurisdiction and supportive local communities. 66 Saskatchewan was ranked #1 among 111 jurisdictions across 83 countries for our opportunity in the mineral exploration and mining sectors. Our province's work in creating a secure place for mineral exploration and mining investment will be a key factor in our continued economic recovery past COVID-19. Scott Moe, Premier of Saskatchewan 07#7SASKATCHEWAN: RICH IN RESOURCES Uranium potential Base metal potential Oil pool Gas pool TALTSON TRAIN ZENLAB 18 DODGE RANUM CITY Z CARSWELL STRUCTURE THADASCA DAG 34 LA LOCHEL YALTSUN BUFFALO 19 Gold potential Major peat resource potential Coal field Potash and salt resource area Helium potential Lithium potential NORTH BATTLEFORD Bitumen (oil sands) potential Commercial forestry * La Ronge Gold Belt Area This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G LEGEND Debre PHENOLIC PRINCE ALBERT 中 SASKATOON 511 SWIFT CURRENT கா 5 40 HUMBOLDT MOOSE REGINA から MUOJAM SOUTHEND HUDSON WAY YORKTON FOR SCHLE 08 80#8SUMMARY MAP Proximal land packages with highly prospective projects within the Hub & Spoke model and existing infrastructure Greywacke North Deposit • North Lake Deposit • Contact Lake Mine • Preview SW Deposit • Point Deposit MAS GOLD CORP GOLD HORIZONS WIDE OPEN 6230000 0000919 490000 PROPOSED MAS GOLD MINING/ PROCESSING HUB Elizabeth Lake North Lake Deposit Point Deposit Jolu Mine and Mill Complex (Care & Maintenance) Roy Lloyd (Closed) Anglo Rouyn (Closed) 560000 Komis & EP Mines Greywacke Lake Property Greywacke North Deposit Krandmother's Bay Preview-North Property Stanley Mission Contact Lake (Closed) Seabee Mine (Active) Preview SW Deposit Brabant Lacia Ronge Preview SW Property 0 10 20 km La Ronge 630000 CANADA Santoy Lake Mine (Active) K MAS Claims MAS GOLD CORP Lac La Ronge Provincial Park Indian Reserves 6230000 0000919 Exchange Listings: TSX-V: MAS OTCQB: MSGCF 560000 630000 Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 09#9PROLIFIC LAND PACKAGE 400000 6200000 Mudjatik CANADA Wollaston Pinehouse Contact Lake Mine 500000 500000 Wathaman Batholith Rottenstone Rottenstone La Ronge Gold Belt Henry Lake Southend Golden Heart, Kom & EP Mines Preview North North Lake Deposit Jolu & Decade Mines Star Lake Mira Braband Brabant McKinle Zn-Au Fork Lake Jasper Mi Preview SW Deposit Greywacke Lake Pareywa Greywicke North Deposit Seabee Mine 52 Legend Santoy Lake Mine Cu-Au Elizabeth Lake Stanley Mission *Anglo-Rouyn Mind Glennie Kisseynew MAS Dispositions | Lac La Ronge Provinical Park. Au Producing Mines * Past Producing Mines > Au Deposits Cu-Ag Deposits *Settlements Provincial Highway 6300000 MAS Gold owns 33,860 ha (83,670 acres) of prospective exploration ground strategically positioned along the La Ronge and Kisseynew Domain boundary The historic La Ronge Gold Belt has demonstrated significant gold deposits, showings and past production from shallow drill depths. High potential for new discoveries to increase mineral resources and restore production in the La Ronge Gold Belt. 0000019 Phanerozole Basin 400000 MAS GOLD CORP GOLD HORIZONS WIDE OPEN La Ronge Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 500000 600000 0 25 50 km This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 0000019 10 10#100000029 LA RONGE GOLD BELT MINES Mudjatik 400000 CANADA Wollaston Pinehouse 500000 Wathaman Batholith *Rottenstone Henry Lake 600000 La Ronge Gold Belt Southend Preview North North Lake Deposit Contact Lake Point Mine Rottenstone Golden Heart Komis & EP Mines Brabant Brabant-McKenzie Jolu & Decade Mines Z-(Au) Star Lake Mine Fork Lake/ Jasper M Greywacke Lake Rey Clayd Preview SW Greywicke North Seabee Mine Depgait Legend Deposit Santoy Lake Mine Kisseynew MAS Dispositions Lac La Ronge Provinical Park Au Producing Mines Past Producing Mines ◇ Au Deposits Elizabeth Lake Cu-Ag-Aul Stanley Mission Glennie Elizabeth Lake Anglo-Rauyn M • Cu-Ag Deposits Settlements - Provincial Highway 0000019 Phanerozoic Basin 400000 MAS GOLD CORP GOLD HORIZONS WIDE OPEN La Ronge 500000 Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 600000 0 25 This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 50 km 6100000 0000029 HISTORIC MINE PRODUCTION 1, 2, 3, 4 Contact Lake Mine • 188,185 oz at 6.16 g/t Roy Lloyd Mine 25,748oz at 11.5g/t Jolu Mines • 203,301oz at 13.7 g/t Jasper Mine . 82,697 oz at 13.7 g/t Star Mine • 76,900oz at 13.3 Komis & Ep Mine • 26,859 oz at 6.9 g/t ACTIVE MINES (Glennie Domain) Seabee-Santoy Mines - SSR Mining Inc.5 Reserves Proven & Probable: • 1,600,000 tonnes at 9.83 g Au/t (493,000 oz. Au) Resources Measured & Indicated: • 3,00 million tonnes at 10.38 g Au/t (1,003.00 oz. Au) Inferred: • 2.03 million tonnes at 7.77 g Au/t (507,000 oz. Au) Total Production 1991 - 2017: 1,446,590 oz. Au (averaging 7.97 g Au/t). 11#11HUB AND SPOKE MODEL OTHER PROSPECTS IN THE AREA + Regional Acquisitions 484,000 contained ounces of gold NORTH LAKE DEPOSIT PROPOSED MAS GOLD MINING/ PROCESSING HUB 16 KM 156,000 total insitu ounces 40 KM of gold 8 KM POINT DEPOSIT 13 KM PREVIEW SW CONTACT LAKE MINE GREYWACKE NORTH DEPOSIT Historical gold production of 188,185 ounces Average head grade: 6.16 g/t Au Mineralized material from various satellite deposits are co-mingled at a centrally located facility, creating an opportunity for an efficient operation. Highly positive preliminary metallurgy testing outcomes support this concept. Management is continuing the pursuit of additional historical resources in the belt to further consolidate and enhance our promising project portfolio. 100% Ownership Aspirational targets MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G Project Preview SW Deposit & Preview Adit Deposit 565,000 total insitu ounces of gold This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 12#12Infrastructure 6146000 0006E19 504000 511000 NORTH LAKE DEPOSIT POINT DEPOSIT CONTACT LAKE MINE PREVIEW SW DEPOSIT 511000 518000 0009 19 Legend Highway 102 - Local Access Trails -Power Line Mas Gold Dispositions 0 1 2 3 km MAS GOLD CORP GOLD HORIZONS WIDE OPEN 504000 Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 518000 This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 0006619 Infrastructure • Proximity to road • Nearby powerline Nearby services La Ronge . • Stanley Mission Missinipe Large Labour force 13#13KEY MAS GOLD PROJECTS GREYWACKE NORTH DEPOSIT NORTH LAKE DEPOSIT 2021 Drilling Program Drilling targeted the Greywacke North Deposit, Greywacke South Zone and Lyons Zone 2912.9 meters of core drilling 15 diamond drill holes LiDAR survey 2021 Greywacke North Deposit - Resource Estimate Technical Report: Indicated - 101,000oz @ 4.90 g/t Au Inferred 55,000oz @ 4.12 g/t Au MAS GOLD CORP Exchange Listings: TSX-V: MAS GOLD HORIZONS WIDE OPEN OTCQB: MSGCF 2019 Drilling Program • • Diamond Drilling Targeting the North Lake Deposit and the Point Deposit 3541 meters of core drilling (1,594m North Lake Deposit; 1,947m Point Deposit) 23 diamond drill holes (10 DDH North Lake Deposit; 13 DDH Point Deposit) 2021 Drilling Program • Diamond Drilling Targeting the North Lake Deposit 5991.5 meters of core drilling • 21 diamond drill holes • LiDAR survey 2022 Winter Drill program 38 diamond holes 4088.5 meters (34 at North Lake, 4 at Point Deposit) 2023 Resource Estimate8 • Technical Report: Indicated - 383,000 @ 0.88 g/t Au Inferred 95,000 @ 0.85 g/t Au Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 14#14KEY MAS GOLD PROJECTS: RECENT ACQUISITIONS CONTACT LAKE MINE 2021 • . • Newly acquired property External Agreement with Saskatchewan Government MAS has the right to assess data & initiate drill programs prior to transfer property • Historical total gold production of 188,185 ounces (1993-96) (average head grade: 6.16 g/t Au; mill recovery of 95%) 2021/2022 Winter Program • Digitize and compile historical data Analyze, model and delineate drill targets MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G PREVIEW SW DEPOSIT 2017-18 Drilling Program - Comstock • 4,700 meters in 24 core holes not included in the 2016 Resource Estimate Acquisition by MAS Gold Acquired 100% ownership (843 hectares) from Comstock Comstock spent $200K in exploration in March 2022 Closing occurred on March 31, 2022 2022 Winter Drill program 4 diamond holes 996 meters (2 at Preview SW Deposit, 2 at Adit Zone) 2023 Resource Estimate • Preview SW Deposit Mas Gold News Release 9 . Indicated 273,000 oz @ 1.56 g/t Au • Inferred 263,800 oz @ 1.40 g/t Au • Preview Adit Gold Deposit Mas Gold New Release 10 Inferred 29,000 oz @ 2.66 g/t Au This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 15#15CONTACT LAKE: PROJECTION OF HISTORICAL UNDERGROUND DEVELOPMENT Long Section - 1992 3135 8230 5400m 5200m Approximate Limit of Underground Development Mine Section ----- 4600 mE $170 MO MOLES 5330 L 1390 520 & Contact Lake Pre-Reclamation Mine Site Surface Development 1992 Bakos Main Zone Long Section (drill pierce points; opt Au / m) Underground Development (approximate) 2007 Mine Closure Plan MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 16#16GEOLOGICAL MODEL: NORTH LAKE DEPOSIT A North Lake IN 'A' A Felsite/Arkose Conglomerate Gneiss NL21-071 1.14 g/t Au Over 16.0m NL21-071 0.95 g/t Au Over 41.4m NL21-057 NL21-054 1.25 git Au Over 117m 1.00 git Au Over B 1m Malic Volcanics A' 17 This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G#172021 HIGHLIGHTS Established land positions Q1 2021 Successful arbitration challenge awarding MAS 100% ownership of the Greywacke Lake and Preview-North Properties Completed drill and follow up surface geology programs Q2 2021 Completed metallurgical work - continued positive assessments Completed capital raise, exercise of warrants, advancing targeted acquisitions Entered into agreements to acquire Contact lake and Preview SW Planned follow up drill programs This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 18#182022 GOALS TO SUPPORT RESOURCE EXPANSION ✓ Completed 2022 winter drill program (5,856.5 metres) ✓ Compiled historical Contact Lake data to identify potential resources for verification drilling ✓ Closed Acquisition of Preview SW from Comstock Metals ✓ Assess winter drill results & plan fall program by Q3 ■ Update Resources Estimate by Q4 Ongoing target acquisitions within Hub & Spoke business model This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 96 00 19#192023 PLANNED ACTIVITIES North Lake Resource Estimate > Update Preview SW Resource Estimate > Update Contact Lake Resource Estimate Update Scoping Study Evaluation of Scoping Study and Defining Next Steps Execution of scoping study to determine an exploration plan MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: Jan Feb | Mar Apr | May Jun | Jul | Aug | Sep | Oct Nov | Dec TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 20 20#20COMMUNITY, ENVIRONMENT, ONGOING WORK & OUTREACH ■ Environmental compliance & consultation with business and community leads ■ Integration of leading technology, innovation and reporting standards Outreach and active engagement with the local Lac La Ronge Indian Band Employment and the creation of business opportunities for supplier and the community Ongoing training, education and involvement of rights-holders MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 21 24#21CAPITAL STRUCTURE Share Price Market Capitalization Shares Issued & Outstanding Options Warrants Fully Diluted $0.045 $9.0M Exchange Listings: 204,534,458 TSX-V: MAS 7,675,000 OTCQB: MSGCF 71,569,653 Frankfurt: 63G 283,779,111 0.12 TSX-V:MAS - One Year (01/17/2023) 52 Week High: $0.13 Low: $0.03 0.1 T 0.08 0.06 0.045 0.04 500K 1.13K Feb 22 MAS GOLD CORP GOLD HORIZONS WIDE OPEN Apr 22 Exchange Listings: TSX-V: MAS OTCQB: MSGCF Jun 22 Aug 22 Oct 22 Dec '22 Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 22 22#22SHAREHOLDERS Total Shares Outstanding 204,534,458 Retail 49% MAS GOLD CORP GOLD HORIZONS WIDE OPEN Shareholder Base 22% 14% 5% Geographic Profile of Shareholder Base Insiders United States 5% Foreign Canada 3% 10% 92% Eros Resources Comstock Metals Institutional Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G 223 23 This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents.#23COMPARABLES Market Cap/oz Au contained $70 $62 $62 MC/oz Feb 2022 MC/oz Dec 2022 $60 $50 $43 $40 $27 $28 $27 $30 $21 $17 $18 $19 $20 $15 $8 $7 $10 $4 $0 Maple Gold Mines Ltd. Banyan Gold Corp. Gold Terra Resources Landore Resources Ltd. Triumph Gold Corp. Galleon Gold Corp. MAS Gold Corp. Corp. 50% 72% drop 55% 35% 35% 80% 57% drop drop drop drop drop drop MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF 24 Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 24#24THE MAS GOLD ADVANTAGE * M Excellent Leadership Experienced team with strong track record Strong shareholder base led by Ron Netolitzky Exceptional partners MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF High-quality Potential Growth Clear Hub and Spoke business model 100% owned, gold-focused projects in Saskatchewan's La Ronge Greenstone Belt Vision towards establishing production Solid Operational Setting Fully funded exploration & drill programs Properties totaling more than 33,860 hectares Mid-to-near-term production horizons proximal to milling facilities. and infrastructure Operating in safe jurisdictions and in a socially responsible manner Solid Track Record of Meeting Expectations Successfully acquiring strategic land packages with known gold potential Consistently expanding the mineral resource base Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 25 25#25END NOTES 1 Saskatchewan Gold: Mineralization Styles and Mining History By R. M. Morelli and K. MacLachlan (2012) 2 Saskatchewan Exploration and Development Highlights 2018 Compiled by Staff of the Saskatchewan Ministry of Energy and Resources 3 Saskatchewan Ministry of Energy and Resources (2018): Production totals for current gold mining operations and published Reserves/Resources for selected gold deposits in Saskatchewan; Table 3 in Saskatchewan Exploration and Development Highlights 2018, Saskatchewan Geological Survey, Saskatchewan Ministry of Energy and Resources, Miscellaneous Report 2018-2, p.9. 4 Saskatchewan Mineral Deposit Index (SMDI) 5 SSR Mining Inc. news release of March 30, 2021 6 NL and GW Resources: Technical Report On The 2021 Mineral Resource Updates North Lake And Greywacke North Gold Projects Authors: Stephen J. Godden, C. Eng., David G. Thomas, P. Geo., David Tupper, P. Geo. Effective Date: Dec. 01, 2021 7 Leniuk, G., B. Bharadwaj, G. Alderman & R. Wyka: Cameco Corporation Contact Lake Operation, Final Report, January, 1999. 8 Technical Report on the 2023 Mineral Resource Update for the North Lake Project, La Ronge, Gold Belt, Saskatchewan, Canada: Brian Ray, M.Sc., P.Geo., D. Grant Feasby, P. Eng., David G. Thomas, P. Geo., Jarita Barry, P. Geo., Louis Fourie, P. Geo. 8 Mas Gold Corp. News Release of March 6, 2023 9 Mas Gold Corp. News Release of March 20, 2023 MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 26 26#26RISK FACTORS The Company is currently exploring its mineral properties and has not yet determined whether they contain resources that are economically recoverable. The recoverability of amounts capitalized for mineral properties is dependent upon the discovery of sufficient economically recoverable ore resources, confirmation of the Company's interest in the underlying mineral properties, the ability of the Company to arrange appropriate financing to complete the development of the mineral properties and upon future profitable production or proceeds from the sale of the mineral properties. The ability of the Company to continue as a going concern and meet its commitments as they become due, including completion of the acquisition, exploration, and development of its mineral property interests, is dependent on the Company's ability to obtain the necessary financing. Management is planning to raise additional capital to finance operations and expected growth. If the Company is unable to obtain additional financing, the Company will be unable to continue in operation. There can be no assurances that management's plans will be successful. The business of mining and exploring for minerals involves a high degree of risk and there can be no assurance that current exploration programs will result in future profitable mining operations. The recoverability of the carrying value of exploration and evaluation assets and the Company's ability to continue as a going concern is dependent upon the preservation of its interest in the underlying properties, the discovery of economically recoverable reserves, the achievement of profitable operations or the ability of the Company to raise alternative financing. These factors raise significant doubt about the Company's ability to continue as a going concern. This is a summary of potential risk factors and may not be comprehensive. We may be subject to additional risks that could impact our results or ability to operate and may cause potential investors to lose their entire investment. MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. 27 27#27CONTACT US HEAD OFFICE Unit 107, 3239 Faithfull Avenue Saskatoon, SK S7K 8H4 306.986.5722 MAS GOLD CORP GOLD HORIZONS WIDE OPEN Exchange Listings: TSX-V: MAS OTCQB: MSGCF Frankfurt: 63G This communication does not constitute an offer nor a solicitation of an offer to buy or sell any securities. An offer can only be made through a prospectus or subscription documents. masgoldcorp.com