Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELVT OTCQX: EVGDF MORDOR/WEST EXTENSION +1500 S +2500 F AR22-646R, 190/-45, 152.4m 1.5-3.0m, 3.0m @ 0.399 g/T Au 22.9-29.1m, 6.1m @ 0.279 g/T Au 50.3-62.5m, 12.2m @ 0.272 g/T Au • 89.9-97.5m, 7.6m @ 0.358 g/T Au • 140.2-144.8, 4.6m @ 0.280 g/T Au AR-214C AR20-254R, 000/-90, 121.9m 32.0-44.2m, 13.7m @ 0.374 g/T Au 94.5-118.9m, 24.4m @ 0.398 g/T Au • Incl 109.7-118.9m, 9.1m @ 0.664 g/T Au Elevation in Feet AR22-643R, 010/-80, 304.8m 0.00-7.62m, 7.62m @ 0.558 g/T Au * 54.86-60.96m, 6.10m @ 0.881 g/T Au 129.54-184.40m, 54.86m @ 0.382 g/T Au • Incl. 131.06-138.68m, 7.62m @ 0.621 g/T Au " Incl 176.78-181.36m, 4.57m @ 1.147 g/T Au N ELEVATION GOLD +2500 F' +2000 Section Line MW1 Cross Section: Mordor/West Extension " Looking West 121.9m section width Pre-Mine Topography March 5, 2023,Topography Moss Vein AR22-642R, 010/-65, 243.8m 1.5-9.1m, 7.6m @ 0.689 g/T Au 62.48-65.53m, 3.05m @ 0.380 g/T Au 138.68-158.50m, 19.81m @ 0.378 g/T Au Au (g/t) >3.00 Drilled in 2017 2.00 -3.00 +1500 1.00 -2.00 0.50-1.00 0.30-0.50 0.15-0.30 Host Rock: Tps/Tpsb Drillhole grades ≥0.15 g/t Au shown 0.002 -0.15 152.4m Note: For more information, see Elevation news release dated March 16, 2023, titled "Elevation Gold Intersects 100.58-Meter-Thick Zone with Average Grade of 0.50 g/t Gold in the Reynolds Pit Area West of Active Mining and Provides Update on Greenfields Core Drilling Program" 28
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