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Investor Presentaiton

Investment Highlights ✓ Alaska considered one of the top 10 jurisdictions in the world for mining investments¹ Manh Choh Mine - One of the world's highest grade open pit gold mines (8 g/t expected average grade) We believe the following factors significantly de-risk the Manh Choh project: ✓ Agreement in place with Tetlin Alaska Native Tribe ✓ Fully Permitted - All State and Federal permits received ✓ Proven operator for Project - Kinross ✓ Turn-key operation - major contracts in place ✓ Project financing arrangements in place ING/Macquarie Banks - US$70 M Line of Credit ✓ Fully funded to production ✓ Currently mining and stockpiling ore at the Manh Choh mine site and transporting to the Fort Knox Mill stockpile ✓ Production expected Q2 2024 ✓ Strong cash flow per share (CFPS) expected to start in 202 ✓ Exploration upside 1. See Fraser Institute's annual survey of mining companies for 2021 CONTANGO ORE GOLD SILVER COPPER 3
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