Investor Presentaiton

Fountain Head Gold Project - 100% owned MLS Near-term Gold Production Background • MLs acquired in 2018 to use historic pit void for Hayes Creek sub-aqueous tailings storage; a cornerstone of the approvals process and capital cost profile of the Project Numerous high-grade gold intersections from >2018 drilling; modelling of the near-surface mineralisation centred on the historic open-pit Updated Mineral Resource reported in June 2020 (JORC 2012)*: • • Indicated Resource 1.83 Mt at 1.7 g/t Au for 100,000 oz Au Inferred Resource Total Resource 1.11 Mt at 1.6 g/t Au for 56,000 oz Au 2.94 Mt at 1.7 g/t Au for 156,000 oz Au Extensional zones of open gold mineralisation over considerable strike along the FH anticline Potential for additional resource upside from areas of open mineralisation beyond the resource envelope at Banner & NW Breccia Located within existing mining infrastructure corridor with rail, roads, high-voltage grid power, gas pipeline and water, further enhancing Project fundamentals and lowering development risks Feasibility underway to assess Milling + CIL as suitable process route - completion Q1 2021 Potential to incorporate Mt Bonnie oxide + transitional high-grade gold & silver (see slide 16) PNZ METALS *See Appendix for further details including Full Mineral Resources 14

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