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Mineral Licences Held by Northgold KOPSA PROJECT (HELD BY FENNIA GOLD OY) KIIMALA TREND PROJECT (HELD BY LAKEUDEN MALMI) 25 Tenement Type Exploration claims (old law) Area Code Name 7405/1 7686/1 Exploration permits under application ML2022:0062 ML2022:0061 Kopsankangas Kopsankangas 2 Kopsa S Pitkäjärvi Company Fennia Gold Oy Fennia Gold Oy Fennia Gold Oy Date Granted 2002-05-07 Size Tenement Type Fennia Gold Oy 2004-02-02 Arrival date 4.10.2022 Arrival date 4.10.2022 97.0 96.5 Area Code ML2019:0027-01 826.6 ML2019:0028-01 2,046.9 Reservations under VA2022:0079-01 Kopsa E Fennia Gold Oy Arrival date 19.12.2022 392.8 ML2019:0029-01 application Mining Concession (old law) K7405 KOPSA Fennia Gold Oy N/A 118.2 Exploration permits ML2019:0030-01 Auxilliary mining area KL2022:0005-01 Kopsa KL2022:0005 Fennia Gold Oy Arrival date 19.12.2022 6.9 ML2019:0031-01 permit under application Total exploration licence areas held, including licences under application, excluding reservations Total mining licence areas held, including auxilliary mining license under application 3,067 ML2020:0016-01 125.1 ML2020:0057-01 Name Haapavesi 1 ML2019:0027 Haapavesi 2 ML2019:0028 Haapavesi 3 ML2019:0029 Haapavesi 4. ML2019:0030 Haapavesi 5 ML2019:0031 Haapavesi 7 ML2020:0016 Teerineval ML2020:0057 Company Date Granted Size Lakeuden Malmi Oy 2021-11-22 390.1 Lakeuden Malmi Oy 2021-11-22 193.8 Lakeuden Malmi Oy 2021-11-22 387.1 Lakeuden Malmi Oy 2021-09-27 716.5 Lakeuden Malmi Oy 2021-09-27 301.0 Lakeuden Malmi Oy 2021-09-27 117.6 Lakeuden Malmi Oy 2022-09-08 174.6 HIRSIKANGAS PROJECT (HELD BY LAKEUDEN MALMI OY AFTER ITS RECENT MERGER WITH NORTHERN ASPECT RESOURCES OY) Exploration permits in ML2020:0017-01 public appeals processs Haapavesi 8 ML2020:0017 Lakeuden Malmi Oy Granted 22.11.2021, subject| to a public appeals process 769.3 Tenement Type Area Code ML2017:0132-01 Name Company Date Granted Size Exploration permits under application ML2020:0095-01 Aittoneva Lakeuden Malmi Oy Arrival date 11.12.2022 Northern Aspect Resources Hirsi 10 2020-10-29 88.2 Oy Total exploration licence areas held, including licences under application or appeal 529.9 3,579.8 Northern Aspect Resources ML2017:0133-01 Hirsi 11 2020-10-29 57.7 Oy Exploration permits Northern Aspect Resources ML2017:0135-01 Hirsi 12 2020-10-29 88.2 Oy ML2020:0046-01 Kettuharju ML2018:0004-02 Hanni Northern Aspect Resources Oy Northern Aspect Resources Oy 2022-03-23 1,983.5 2018-01-31 1,350.6 ML2012:0185-03 Hirsi 1 Northern Aspect Resources Oy 2012-10-082 100.3 Exploration permits under application ML2016:0077-02 Hirsi 13 Northern Aspect Resources Oy 2016-12-21 98.7 ML2013:0039-03 Hirsi 2 Northern Aspect Resources Oy 2013-06-272 52.1 ML2022:0068-01 ML2022:0066-01 VA2022:0032 Viitajärvi Northern Aspect Resources Oy 2022-10-19 1,138.2 Antinoja Pudas Reservations Magnus Minerals Oy¹ Northern Aspect Resources Oy Arrival date 14.10.2022 492.9 2022-06-22 23,324.6 5,450.2 Total mineral licence areas held, including licences under application, excluding reservations Notes: Exploration permit application for Antinoja is transferrable to Northgold AB from Magnus Minerals Oy according to a commercial agreement. 1) 2) Licences Hirsi 1 and Hirsi 2 are nearing the end of their 15-year lifespans, and are subject to an Exploration Permit renewal process, via obtaining landowner permissions, or via new reservation & application process. See slides 23 for details. Northgold

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