Copperstone Project Pitch

2019-20 Key De-risking Project Milestone Achieved Advanced metallurgical testing program with plus 95% Recovery ➤ Completed successful 5,000 meters of underground drilling in 2019 A ARIZONA GOLD CORP Air Quality and Aquifer Protection Permits - Received 2019 Federal Operating Permit - Decision of Record - Received January 23, 2020 Detailed engineering of process options - advanced optimization studies Advanced cost basis for processing plant refurbishment and upgrades Lead identified for plant and mining equipment Advanced contract mining proposals under review Project Funding for US$18 million closed November 2020 9

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