Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELVT OTCQX: EVGDF INVESTMENT HIGHLIGHTS ELEVATION GOLD Moss is a scarce asset ✓ Fully permitted and operational gold mine in a top tier mining jurisdiction ✓ No exposure to inflationary pressure on large development capital costs & possible permitting delays Connected to regional power grid with all water sourced from wells located on property Low Risk Production Growth Potential ✓ Robust pipeline of near mine targets to expand production including the highly prospective Reynolds Pit ✓ Low development risk with priority targets in permitted areas with significant infrastructure already in place ✓ Strengthened leadership team with extensive experience to deliver operating excellence Significant Additional Upside Potential ✓ Further expansion and district scale exploration potential within a large and under-explored land package ✓ Hercules exploration property offers future additional opportunity ✓ Attractive valuation with meaningful leverage to the gold price 20
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