Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELVT OTCQX: EVGDF MOSS: RESERVES & RESOURCES Mineral Reserves (1) (Effective July 1, 2021) Ore Gold Silver Contained Gold Classification (ktonnes) (g/t) (g/t) (000s oz) Proven 4,611 0.46 5.8 68.1 Probable 8,133 0.44 5.1 116.4 1,342.0 Proven + Probable 12,744 0.45 5.4 184.5 2,200.8 Mineral Resources (1) (Effective July 1, 2021) ELEVATION GOLD Contained Silver (000s oz) 858.8 Notes: Metal Prices used for Mineral Reserves: $1,525/oz gold; $18.50/oz silver. Reserves are tabulated at a 0.21 g/t gold cutoff grade. The topography date used for tabulating the Mineral Reserve is 1 July 2021 Metric tonnages and grades are reported: ktonnes are 1,000 metric tonnes; g/t is grams per metric tonne. The Mineral Reserve estimate was prepared by Jacob Richey, of Independent Mining Consultants Inc. Numbers may not tally exactly due to rounding. The Mineral Reserve estimate was prepared in accordance with CIM Definition Standards. For more information, please see the technical report titled "Technical Report on the Mineral Resource, Mineral Reserve, and Mine Plan for the Moss Mine" with an effective date of July 1, 2021, available on Elevation's website and on www.sedar.com. Cut-off Grade Tonnage Gold Silver Contained Gold Classification (g/t Au) (ktonnes) (g/t) (g/t) (000s oz) Contained Silver (000s oz) Measured 0.15 8,398 0.40 5.1 107.4 1,389.0 Indicated 0.15 30,460 0.39 4.5 382.8 4,365.0 Measured + Indicated 0.15 38,857 0.39 4.6 490.2 5,754.0 Inferred 0.15 6,562 0.35 4.5 73.8 940.0 Notes: The Mineral Resource is inclusive of the Mineral Reserve. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The Mineral Resource was prepared in accordance with CIM Definition Standards. Metal prices used for the Mineral Resource: $1,800/oz gold and $22.00/oz silver. Numbers may not tally exactly due to rounding. Metric tonnages and grades are reported: ktonnes are 1,000 metric tonnes; g/t is grams per metric tonne. The Mineral Resource estimate was prepared by Jacob Richey of Independent Mining Consultants Inc. For more information, please see the technical report titled "Technical Report on the Mineral Resource, Mineral Reserve, and Mine Plan for the Moss Mine" with an effective date of July 1, 2021, available on Elevation's website and on www.sedar.com. 22
View entire presentation