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Investor Presentaiton

Asset Summary Kopsa Gold-Copper project, with a conditionally approved mining permit4, compliant resources of 749,500 oz AuEq within a 31 km² regional land package! • Kiimala Trend Gold project, hosts compliant resources of 147, 000 oz Au¹ and includes a 36 km² regional land package¹ with numerous prospects along 15km prospective trend. Hirsikangas Gold Project recently acquired from Rupert Resources Ltd., hosts gold resources of 89,000 oz Au³ and includes a 55 km² regional land package!. Company Mineral Resources 2,3 NI 43-101/JORC compliant Measured and Indicated Resources AuEq (oz) 661,000 Au (oz) 553,700 AuEq (g/t) RECENTLY ACQUIRED 1.12 Au (g/t) Cu (%) 0.94 Hirsikangas Project 0.12 NI 43-101/JORC compliant Inferred Resources 324,700 Historic / Non-compliant Resources 23,500 267,700 23,500 1.18 0.97 0.14 2.52 2.52 Total 1,009,200 844,900 1.16 0.96 0.13 9 Kiimala Trend Project FLAGSHIP Kopsa Project Northgold aims to grow Kopsa to 1 Moz+, and pending mining permit and upcoming PEA will allow Northgold to move from explorer to developer, with significant value uplift. 1 Land packages refer to areas where exploration permits are either granted, under application, or under appeal, and exclude reservation areas. See slide 25 in Appendix for details. 080 2 One Kiimala Trend license, currently containing 147,300oz of the M&I Resources and entirety of the non-compliant resources, is subject to an ongoing public appeals process. See slide 19 and 25 in the Appendix for details. 3 The license containing the Hirsikangas deposit is nearing the end of its 15-year lifespan, and is subject to an exploration permit renewal process, via obtaining landowner permissions, or via new reservation & application process. See slides 23 and 25 in Appendix for more details. 4 Conditional on granting of auxiliary mine area permit for road connection (to allow off-site processing of Kopsa mineralized material). 200 km orthgold
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