Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELVT OTCQX: EVGDF MOSS GROWTH PLAN HIGH RETURN ON INVESTMENT POTENTIAL WITH LOW EXECUTION RISK ELEVATION GOLD Phase 1 Conduct additional drilling in Reynolds Pit and Mordor areas Goal to add additional tons of ore in western area which could potentially lead to: • • More contained gold added to mine plan Throughput expansion • Higher production at lower operating costs Capex spend to be staged over multiple years Phase 2 • Further delineate resource potential at ROM Pad Ramp (Center Pit) with a goal to add further additional tons of ore to the mine plan Significant production expansion potential Capex could be funded from organic cash flow Risk Mitigation ✓ Infrastructure already in place ✓ Skilled workforce with key technical and operating personnel already employed ✓ Connected to regional electrical grid ✓ 100% water requirement secured ✓ Proven process, efficient leach kinetics well understood ✓ Established logistics and supply chain ✓ All activities remain within permitted boundary through to 2030 • Requires different crusher location 12
View entire presentation