Investor Presentaiton

Placer Gold Discovered 1867; Lode 1880's Project History FMC Explored Property 1984 - 1991 (148 Drill Holes) Initial Gold Resource American Gold Resources (AGR) 1991-1996 Meridian Gold acquires AGR 1997 Depressed gold prices 1997-1998 Northern Vertex JV (Lemhi Gold Trust) 2011, 10,531m Drilling (2012) Northern Vertex sells 51% share to Idaho State Gold Company LLC (2013) 130 drill holes pre-feasibility Environmental Baseline studies by Meridian Gold Lower 48 Resources acquires The Properties in 2019 Project put on hold No group has owned the unpatented and patented Mining claims at the same time 11

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