Path Forward and Prospective Exploration Areas slide image

Path Forward and Prospective Exploration Areas

TSXV: ELVT OTCQX: EVGDF ELEVATION: COMPELLING VALUATION Junior Gold Producers & Developers in Western USA $500M Market Cap. / Transaction Value $400M $300M $200M Elevation is currently valued significantly below peers $100M Market Cap: $17M ELEVATION GOLD Operating 2022 Production: 31.1 koz Au Market Cap: $42M W West Vault Mining Inc. Development SOLD in 2022 for $150M Market Cap: $172M SOLD in 2022 for $188M FIORE GOLD Operating 2022 Production: 41.5 koz Au FORTITUDE Operating 2022 Production: 41.2 koz Au Note: Production figures from publicly disclosed operating reports; market capitalizations as of March 31, 2023 GSV Development SOLD in 2022 for $206.5M GEMFIELD RESOURCES Development ELEVATION GOLD SOLD in 2022 for $450M Corvus Development 16
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