Corporate Overview - Projects

EXPLORATION - WAY FORWARD Time is right for exploration in 2021 with focus on: ☐ Areas of Structural Complexity Areas of Overburden cover next to Fe- Ti basalts Beneath diabase sill? With or without a Joint Venture partner "Early-stage exploration-that's where the true value gets created... We're bumping our exploration budget by 50% or $50 million in 2021. And that was prior to acquiring TMAC," Agnico Eagle CEO, Sean Boyd, Jan. 15, 2021, Kitco Compliment to $5.6M bulk sample at Naujaat Fully funded by partner Starts early June Initial results fall 2021 NAR retain 60% Nunavut gold and 'golden yellow' diamonds! 16

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