Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELV LVT - OTCQX: EVGDF RECENT KEY CHANGES & EVENTS OPERATIONS STEADILY IMPROVING New CEO and leadership team appointed with extensive operating experience New mining contractor in place (Ledcor Q4 2022) Stabilized workforce by significantly reducing staff turnover (only 8% in 2023 year-to-date) Completed updated NI 43-101 Technical Report (October 2021) Completed construction of two production wells in 2022 Completed construction of Leach Pad 3A Phase 1 in 2021 and Leach Pad 2C in 2022 Completed 30 diamond/core holes totaling nearly 7,000m and 216 RC holes totaling over 52,000m in 2021 and 2022 Moss Gold Production (oz) 12,000 9,000 6,000 3,000 0 ELEVATION Q1 2022 Q2 2022 Q3 2022 Q4 2022 Moss Mining Cost ($/tonne) Q1 2023 CONTRACTOR RAMP-UP NEW MINING GOLD $5.00 $4.50 $4.00 $3.50 $3.00 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 7
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