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INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement...

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Tatogga Project, Golden Triangle, BC December 2019 INVESTOR PRESENTATION GTT : TSX-V
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Page 1: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Tatogga Project, Golden Triangle, BC

December 2019

INVESTOR PRESENTATION

GTT : TSX-V

Page 2: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Cautionary Statement Regarding Forward Looking InformationCertain statements included in this presentation constitute forward-looking statements, including those identified by the words “proposed”, “will”, anticipate”, “believe”, “plan”, “estimate”,

“expect”, “intend”, “may”, “should” and similar words and expressions to the extent they relate to GT Gold Corp. (the “Company”) or its management.

The forward-looking statements are not historical facts and are based on current expectations and various estimates, factors and assumptions. They therefore involve known and

unknown risks, uncertainties and other factors.

Any forward-looking statements represent the Company’s estimates only as of the date of this presentation and should not be relied upon as representing the Company’s estimates as

of any subsequent date. The material factors and assumptions that were applied in making the forward looking statements in this presentation include:

• execution of the Company’s existing plans or exploration programs for its properties, which may change due to changes in the views of the Company, or if new information arises

which makes it prudent to change such plans or programs; and

• the accuracy of current interpretations of geochemical, geophysical, drilling and other exploration results, since new information or new interpretations of existing information may

result in changes in the Company’s expectations. Readers should not place undue reliance on the Company’s forward-looking statements, as the Company’s actual results,

performance or achievements may differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements if known or

unknown risks, uncertainties or other factors affect the Company’s business, or if the Company’s estimates or assumptions prove inaccurate. Therefore, the Company cannot

provide any assurance that such forward-looking statements will materialize. The Company disclaims any intention or obligation to update or revise any forward-looking statements,

whether as a result of new information, future events or otherwise.

QA/QC PROCEDURES

GT Gold has implemented a rigorous quality assurance / quality control (QA/QC) program to ensure best practices in sampling and analysis of RC chips and diamond drill core, the

complete details of which can be viewed on the Company’s website at http://www.gtgoldcorp.ca/projects/tatogga/

Saddle Reverse Circulation and Diamond Drill Program Assay Results Widths reported in this presentation are drilled core lengths. True widths are estimated to be approximately 85-

90% of drilled lengths for minus 50 degree holes, and approximately 70% for minus 70 degree holes. All assays are performed by ALS Canada Ltd. (Minerals), with sample preparation

carried out at the ALS facility in Terrace, BC, and assays at the North Vancouver laboratory. Assay values are uncut. For gold, fire assays are performed as per ALS protocol Au-AA26

(0.01-100.00 g/t Au) using 50 grams of sample with assays equal to or greater than 5 g/t Au calculated gravimetrically, and lower-grade samples measured by (AA) atomic absorption.

All samples that return equal to or greater than 5 g/t Au from initial fire assaying are additionally sent for screen metallic analysis using the remainder of the pulp (~950 grams of

sample). This step is taken to ensure that any coarse grained, nugget gold fraction that may have been missed in the fire assays has been captured.

GT Gold Corp.’s Qualified Person as defined by National Instrument 43-101 is Charles James Greig, P.Geo., Vice President, Exploration. Mr. Greig has reviewed and approved the

technical information in this presentation.

TSXV: GTT 2

Page 3: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

TSXV: GTT 3

GT Gold – New Copper-Gold Play with Infrastructure and Upside

Strong management team with technical expertise and a track record of value creation

SADDLE NORTH DISCOVERY

• Exposure to both copper and gold

• Large-scale, high-grade Cu-Au

porphyry system, mineralized to

near surface with grades

increasing to depth

• Grades exceeding 1.0% CuEq /

1.5 g/t AuEq over 777m

including 1.5% CuEq / 2.0 g/t

AuEq over 342m (Hole 109)*

EXPLORATION UPSIDE

• 2018 Saddle North

High-grade Cu-Au porphyry

with scale and open at depth

• 2017 Saddle South

Near surface epithermal

Au-Ag system open to east,

west, south and at depth

• Additional targets identified on

prospective 468 km2 property

TIER 1 MINING JURISDICTION

• Located in British Columbia’s

Golden Triangle – a prolific mining

region hosting a number of

operating mines and world-class

deposits

• Existing infrastructure with

proximity to operating mine –

including paved highway and

access to provincial power grid

Page 4: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

TSXV: GTT 4

CANADA

Red Chris mine

Paved Highway37

Tatogga

Property287 kV Line

Port of Stewart

Tatogga: Tier 1 Jurisdiction with Access & Infrastructure

Iskut

SADDLE

NORTH

SADDLE

SOUTH

100% owned 468 km2 property

N

Drillhole

Page 5: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Large Scale Cu-Au Porphyry8,200 m of drilling Discovery confirmed! Identified large-

scale mineralization with high-grade

core, varying in thickness from ~100 m

near surface to over 300 m toward

depth of ~1,100 m from surface.

.

Saddle North: Large Scale Cu-Au Porphyry Discovery

Blind Target Discovery1,100 m of drillingGeophysical work in 2017

identified a coincident magnetic

& IP anomaly ~1,000 m across.

Large scale Cu-Au porphyry

style mineralization uncovered

with end of season drilling.

2019 Saddle North drill core - late sheeted pyrite veinlets cutting veins

TSXV: GTT 5

NEXT STEPS: Report all compiled 2019 assays

Geological model H1 2020

2019Began consultation in Sep 2019 to

progress Saddle North through resource

estimation and economic evaluation

2017 2018

Growth: Infill & Expansion 25,000 m of drilling Phase 1 & 2 results to date have successfully:

1) extended known higher-grade core of mineralization

down-plunge to depth below surface of 1,200-1,600 m;

2) confirmed continuity of the higher-grade core in the

central part of the deposit, and; 3) extended near surface

mineralization by ~200 m to the northwest. System

remains open at depth and along strike.

Page 6: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Saddle North2019 Drilling to Date

TSXV: GTT

6

2019 program tested core

of mineralized porphyry

intrusive system to +1.5 km

depth

Demonstrated continuity

in higher grade southerly-

plunging core from surface

to highest-grades at depth

100% of holes drilled

intersected Cu-Au porphyry-

style mineralization

System remains open

at depth with highly

prospective targets untested

along strike to W and E

6,408,800 mN

6,408,600 mN

6,408,400 mN

6,408,200 mN

6,408,000 mN

435,6

00 m

E

435,8

00 m

E

436,0

00 m

E

436,2

00 m

E

436,4

00 m

E

TTD107

TTD098

TTD133

TTD136

TTD062

TTD117

TTD085

TTD121

TTD126

TTD129

TTD093

TTD134

TTD127

TTD128

TTD130

TTD102

TTD141

TTD109

TTD112

TTD090

TTD132

TTD131

TTD142

TTD120

TTD122

TTD123TTD124

TTD143

TTD125

TTD113

TTD119

TTD144

TTD116

TTD106

TTD118

TTD145

TTD118

TTD111

TTD114

TTD115

TTD110

0 100 200

metres

Saddle North

Plan MapBase map: 10 metre

topographic contours

Projection: UTM NAD 83 Zone 9

TTD134

558.00 m @

0.61 g/t Au & 0.35% Cu

0.80% CuEq

& 1.10 g/t AuEq

TTD134

158.00 m @

1.12 g/t Au & 0.52% Cu

1.35% CuEq

& 1.86 g/t AuEq

TTD133

627.00 m @

0.53 g/t Au & 0.37% Cu

0.76% CuEq & 1.04 g/t AuEq

TTD133

362.00 m @

0.73 g/t Au & 0.45% Cu

1.00% CuEq & 1.37 g/t AuEq

TTD136

472.00 m @

0.39 g/t Au

& 0.32% Cu

0.62% CuEq

& 0.85 g/t AuEq

TTD136

303.34 m @ 0.49 g/t

Au & 0.38% Cu

0.75% CuEq & 1.03 g/t

AuEq

Diamond drill collar

Assays released (current)

Diamond drill collarAssays previously released

Diamond drill collarAssays pending

Diamond Drill Collars

Legend

> 1.5

> 0.1

0.5

1.0

Plan Map Trace ShadeCuEq (%)*

*Prices used to calculate CuEq are:

Cu: $2.60/lbAu: $1,300/ozAg: $16/oz

All values are reported in USD and do not consider recoveries

TSXV: GTT

Page 7: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

7

Saddle North drilling across high-grade core

558.00 m @

0.61 g/t Au & 0.35% Cu

0.80% CuEq &

1.10 g/t AuEq158.00 m @ 1.12 g/t

Au & 0.52% Cu

1.35% CuEq &

1.86 g/t AuEq

NE cross-section 5570 NE cross-section 5970

627.00 m @ 0.53 g/t

Au & 0.37% Cu

0.76% CuEq & 1.04

g/t AuEq

362.00 m @ 0.73 g/t Au

& 0.45% Cu

1.00% CuEq

& 1.36 g/t AuEq

472.00 m @ 0.39

g/t Au & 0.32% Cu

0.62% CuEq &

0.85 g/t AuEq

303.34 m @

0.49 g/t Au & 0.38% Cu

0.75% CuEq &

1.03 g/t AuEq

TSXV: GTT

Page 8: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

TSXV: GTT 8

• Well-mineralized envelope• ~1,400-1600 m down-plunge

• ~700m along strike

• thickness of ~200-560 m

(1,550 m from surface)

• High-grade core zone • ~1200-1600 m down-plunge

• ~200-400 m along strike

• thickness of ~40-450 m

• Excellent continuity with consistent

Cu-Au grades and expanding to depth

• Open at depth with highly prospective

untested targets along strike to W and SE

0.30 g/t Au Shell

0.50 g/t Au Shell

0.75 g/t Au Shell

1.00 g/t Au Shell

Legend

Dashed = Open

Looking at -10° to 065°

500 m

Poelzer Fault

0.75 g/t Au Shell

1.00 g/t Au Shell

0.3 g/t Au Shell

Saddle North Large Scale Cu-Au Porphyry Discovery

Page 9: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Tatogga: Porphyry Potential

TSXV: GTT 9

Anomaly ~3km

+0

+1000

+0

+1000

NW SE

IP chargeability

Red Chris mine

Red Chris

Saddle North

3km

Cadia 5.5km

Quash Pass

Saddle North

TatoggaProperty

2018-2019 airborne

surveys defined

prospective anomalies

Porphyry

district scale

comparisons

and Tatogga

upside

Quash Pass

Page 10: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Saddle South – Epithermal Au-Ag System

TSXV: GTT 10

• Discovery of deep high-grade Cu-Au mineralization at Imperial Metals’ Red Chris project inspired regional exploration

• High grade Au in soil anomalies followed up by first ever Saddle South drilling in 2017

• Drilling to date has outlined:

An extensive near-surface zone of high grade Au-Ag epithermal mineralization spanning ~1,000 m X 150 m X 700 m

High-grade zones locally show good continuity across sections both near surface and at depth

Locally extensive surface expression of mineralization

• Mineralized system remains open along strike and at depth

Saddle Zone Plan Map

IP chargeability basemap

Residual Magnetic Intensity (RMI) magnetic contours

10000

metres

Saddle North

Saddle North (West)

Eastern Extension

Discovery Zone

Eastern Zones

mV/V

mV/V

Residual Magnetic

Intensity (contours)

500 nT

-200 nT

TTD079

9.55 g/t Au

over 40.89 m

TTD007

51.53 g/t Au and

117.38 g/t Ag

over 6.95 m

TTD058

31.79 g/t Au and

1,141.10 g/t Ag

over 3.01 m

Saddle South

TTD064

1.35 g/t Au

and 0.37% Cu

over 18.5 m

Page 11: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

2019 Drilling program ended October 22 - achieved 25,000 m goal

End of season drilling at Saddle South was completed to:

• Obtain structural data of veins (west-central part of system) to better understand controls on

mineralization

• Collect a representative metallurgical sample along west-northwest striking & westerly

plunging system (reaches surface on broad, gently-sloping top of Saddle ridge)

*All assays pending are likely be received before year-end and results will be reported following

their receipt, compilation and interpretation.

2019 Exploration Drilling Summary

25,146 m Total drilling in 2019

18, 413 m Saddle North drilling reported to date

6,733 m Assays pending*

5,444 m (6 holes) from Saddle North

1,289 m (4 holes) from Saddle South

TSXV: GTT 11

Page 12: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Systematic Exploration: Towards a Geological Model & Project Pipeline

TSXV: GTT 12

Detailed Geophysics

Geochemistry

Drill Testing/Oriented Core

Hyperspectral/ Alteration Mapping

Mapping

Structural Interpretation

Geological

ModelAssay Results

Page 13: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Tatogga Project Employee & Contractor Demographics

2019 Field Season

(at Oct 27) including all field

crews and temporary contractors:

2018 Field Season

89

36

9

27% Tahltan

Nation 134

Employees & Contractors

Other

First

Nations

Non-

First

Nation

Contracted Tahltan Nation:

• KICA (16)

• Northern Labour Services (17)

• Matrix (3)

TSXV: GTT 13

Page 14: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Community and Environment; Partnership and Respect

2018 Economic Contributions

Agreements Communications Agreement $ 33,000

Emergency Support Fire Relief Fund (GT Gold) 25,000

Fire Rebuilding Effort 5,000

Hockey

Tahltan Selects Hockey 3,000

Iskut Sawtooth Predators 18-22 Hockey 3,000

Iskut Trail Blazers 10-13 Hockey 2,000

Dease Lake Hockey Tourney 1,500

Health & Wellness

Tene Mehodihi Trail & Medicinal Plant 7,000

Healthy Active Tahltans (HATS) 5,000

Tour de Telegraph Bike Ride 3,000

Music Iskut Sacred Headwaters Music Festival 4,000

Stikine Valley Gospel Music Festival 1,000

Events TNDC Dease Lake Christmas Party 1,000

Tahltan Youth Lunch at Roudup 1,500

Total Funds Contributed in 2018 ~$95,000

2017-2018 ACHEIVED & 2019 ONGOING:

• Continuing water quality work 2017-2019

• Archaeological surveys of drill and camp sites

• Engaging with TCG Lands Director and the

Tahltan Heritage Resources Environmental

Assessment Team

• Flight management plan developed in 2017 to:

• Minimize disturbance to wildlife

• Keep helicopter traffic well away from Iskut

TSXV: GTT 14

Page 15: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Equity Structure & Capitalization

TSXV: GTT 15

Capitalization and Balance Sheet (C$)

Share Price2 $0.94

Basic Shares Outstanding 116.1M

Options Outstanding3 11.2M

Basic Market Capitalization $109.1M

Cash3 ~$10.2M

Total Debt -

GT Gold Ownership1

1. Source: IR Insight and SEDI filings at October 29, 2019.

2. As at close of day November 29, 2019.

3. As at September 30, 2019.

4. Refer to press releases dated November 27, 2019 and May 29, 2019.

Ross Beaty

Management & Directors

Newmont Goldc

Institutional

Retail & Other

9.9%

12.6%47.0%

22.5%

8.0%

GT Gold announced an additional C$8.3M strategic

investment by Newmont Goldcorp on Nov 27, 2019.

On closing of financing (expected Dec 13, 2019):

• GT Gold will issue 6,877,199 common shares to

Newmont Goldcorp at $1.20/share in return for

C$8,252,638.80.

• GT Gold pro rata cash balance is anticipated to be

~C$18.4M, with total basic shares outstanding of

122.9M and basic market capitalization of ~ C$115.5M

Top 5 Institutional Shareholders

Ninepoint Capital Partners

Mackenzie Financial Corporation

RBC Global Asset Management

Ruffer LLP

Sentry Investments

Total Institutional ~22.5%

Page 16: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Analyst Coverage

Analyst Coverage at Nov 3, 2019

Firm Analyst GTT Target

Cormark Securities Tyron Breytenbach $2.50

M Partners Bereket Berhe $1.80

PI Financial Chris Thomson $2.50

Agentis Capital Michael Gray N/A

Red Cloud Klondike Strike Derek Macpherson N/A

Average 12-month Target Price $2.27

TSXV: GTT 16

Page 17: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Milestones Ahead: Towards a Geological Model & Project Pipeline

TSXV: GTT 17

Advancing Saddle North gold-rich copper porphyry discovery

First drill hole - 2017

Discovery made - 2018

Delineation drilling - 2019

Metallurgical studies

............................ ........

Geological model - 2020

Inferred resource

Studies and economic analysis

Definition drilling

Exploration of new targets

Preliminary Economic Assessment (PEA)

Page 18: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Appendix

Page 19: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Copper Outlook – Growing Demand for New Supply

TSXV: GTT 19

1. Source: Wood Mackenzie mining investment presentation at TD Mining Conference

in January 2019.

2. Source: RBC Capital Markets report on copper, published May 7, 2018.

Mine production and demand for mine supply Mt (forecasts after 5% disruption allowance)1

Global copper supply declines with diminishing

long-term production1,2

• Mine production expected to peak by 2022,

creating structural deficit

• Long-term production affected by decreasing

mined grades and increasing capital intensity

Demand for copper is growing sustainably3

• Driven by copper’s inherent high-efficiency and environmental

benefits

• Driven by increased demand for electric vehicles and renewable

energy systems

• Green initiatives led by China - with a predicted 50% of total

primary-energy supply coming from renewable sources by 2050

3. Source: ICA (International Copper Association) website 2019.

New projects are required to meet future

demand growing at ~1.5% p.a.

Projected 5Mt deficit in new copper

mine supply by 2028 as existing

production declines and demand

continues to grow steadily2

Page 20: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Source: Macquarie Capital. Based on annual disclosure for selected issuers and their respective technical report filings.

1) Where cut-off grade is not disclosed as % CuEq but reported in NSR $/t or similar metrics, cut-off grade has been calculated based on respective grade, recovery, metal price, and exchange rate assumptions.

2) Cash operating costs as of 2017 annual results, except for Red Chris (since commercial production in July 2015) and Highland Valley (LOM disclosure in March 2013 Feasibility Study). Net smelter returns based on LT commodity price assumptions of US$2.90/lb Cu, US$11.00/lb Mo, US$1,250/oz Au, and US$18.00/oz Ag, and exclude any impact from royalties, transportation, and refining charges.

Mineral Reserve Cut-off Grade (% CuEq)(1)

Cash Operating Costs vs. Net Smelter Return(2)

1.18%

0.54%

0.40%0.33% 0.32% 0.29%

0.37%0.13% 0.12% 0.10% 0.13% 0.15%

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP)

% C

uE

q

Reserve Grade (% CuEq) Reserve Cut-Off Grade (% CuEq)

$23.1 $17.8 $11.8 $8.8 $9.8 $6.6

$41.7

$7.6$6.9 $9.2 $5.9 $8.2

$64.8

$25.4$18.7 $18.0 $15.7 $14.8

$0.0

$20.0

$40.0

$60.0

$80.0

New Afton (UG) Red Chris (OP) Mount Milligan (OP) Highland Valley (OP) Copper Mountain (OP) Gibraltar (OP)

US

$/t

mil

led

Net Smelter Return Margin (US$/t milled) 2017 Cash Cost (US$/t milled)

Key Operating Metrics of Select Peers

TSXV: GTT 20

Page 21: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Sources: SolGold Plc, Peer Review. Note: % m column values are calculated by multiplying interval (m) by CuEq (%).

January 4, 2019 intra-day spot prices used to calculate CuEq and AuEq are: Cu: $2.57/lb, Au: $1,294.80/oz, Ag: $15.65/oz. All values are reported in USD and do not consider metal recoveries

Saddle North Hole 109 Results vs. Top Global Peer Holes

TSXV: GTT 21

Rank Operator Property Location Interval (m) Cu (%) Au (g/t) CuEq (%) % m

1 Anglo American Los Sulphatos Chile 717 3.6 0 3.6 2,581

2 Codelco Chilean Giants Chile n/a n/a n/a n/a 2,500

3 Kennecott Bingham Canyon Utah, USA n/a n/a n/a n/a 2,500

4 Newcrest Wafi-Golpu PNG 1,422 1.14 0.64 1.61 2,289

5 Newcrest Wafi-Golpu PNG 944 1.44 1.28 2.38 2,247

6 Imperial Metals Red Chris BC, Canada 1,024 1.01 1.26 1.94 1,983

7 Anglo Gold Ashanti Nuevo Chaquiri Colombia 810 1.65 0.78 2.22 1,801

8 Freeport McMoran Grasberg Indonesia 591 1.7 1.8 3.02 1,787

9 SolGold Plc Cascabel Ecuador 1,560 0.59 0.54 0.99 1,540

10 Ivanhoe Mines Oyu Tolgoi Mongolia 326 3.77 1.23 4.67 1,524

11 SolGold Plc Cascabel Ecuador 1,197 0.63 0.83 1.24 1,485

12 Exeter Resources Caspiche Chile 1,214 0.9 0.33 1.14 1,387

13 Metallica El Morro, La Fortuna Chile 780 0.84 1.24 1.75 1,366

14 SolGold Plc Cascabel Ecuador 1,358 0.61 0.53 1.00 1,358

15 SolGold Plc Cascabel Ecuador 936 0.75 0.95 1.45 1,356

16 SolGold Plc Cascabel Ecuador 1,030 0.59 0.9 1.25 1,289

17 Newcrest Cadia Ridgeway Australia 341 0.93 3.86 3.77 1,285

18 Ivanhoe Mines Oyu Tolgoi Mongolia 476 2.16 0.67 2.65 1,263

19 Metallica El Morro, La Fortuna Chile 758 0.93 0.99 1.66 1,257

20 Anglo American Los Sulphatos Chile 990 1.26 0 1.26 1,247

21 Ivanhoe Mines Hugo Dummet Mongolia 302 3.11 0.98 3.83 1,157

22 Ivanhoe Mines Oyu Tolgoi Mongolia 422 2.48 0.21 2.63 1,112

23 Imperial Metals Red Chris BC, Canada 1,135 0.5 0.59 0.93 1,060

24 SolGold Plc Cascabel Ecuador 1,402 0.48 0.34 0.73 1,023

25 Exeter Resources Caspiche Chile 1,058 0.7 0.35 0.96 1,013

26 Exeter Resources Caspiche Chile 793 0.96 0.4 1.25 994

27 Imperial Metals Red Chris BC, Canada 716 0.79 0.74 1.33 956

28 GT Gold Saddle North (TTD109) BC, Canada 1,150 0.36 0.62 0.82 938

29 SolGold Plc Cascabel Ecuador 954 0.6 0.52 0.98 937

30 Metallica El Morro, La Fortuna Chile 820 0.59 0.73 1.13 924

Page 22: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Additional Opportunities: Quash Pass Priority Target

TSXV: GTT 22

Quash Pass

Red Chris mine

Saddle Zone

• Quash Pass target (~7-8 km SW of Saddle) is defined by a 5-6 km long precious metals-rich multi-

element soil and rock geochemical anomaly with a coincident strong geophysical response, and a

similar east-west strike to the Saddle system.

• An initial reconnaissance drill program is being planned for the 2020 field season.

Tatogga

Property

Page 23: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

Ashwath Mehra

Executive Chairman• +30 years of mining and metals

experience

• Extensive Capital markets

expertise and network of European

investors

Charles J. Greig

VP Exploration and Director• +35 years of experience working in

the mining sector

• Extensive experience relating

specifically to deposits in BC’s

Golden Triangle

Shawn Campbell

Chief Financial Officer• +15 years of progressively senior

experience in project and operations

financial management

• Most recently served as Head of

Investor Relations with Goldcorp.

Management and Board

TSXV: GTT 23

Paul Harbidge

President, CEO and Director• Geologist with +20 years of

experience in mining exploration and

development

• Most recently served as Senior Vice

President of Exploration at Goldcorp

James Rutherford

Lead Independent Director• +25 years of experience in

investment banking and

investment management as

both institutional investor and

analyst

• 1997-2013 served as a Senior

Vice President at Capital Group

(1997-2013) responsible for

mining investments

Renaud Adams

Independent Director• +25 years as global mining

executive and operator

• Currently serving as CEO

and President of New Gold

• Instrumental in Richmont

Mines’ acquisition by Alamos

Gold for ~US$700M

Charles Tarnocai

Independent Director

• Well respected geologist

with PH.D in economic

geology

• Most recently served as the

VP Corporate Development

at Alamos Gold

John L. Pallot

Independent Director• Seasoned executive with

decades of experience

across a broad array of

industries

• Extensive experience

raising capital for junior

mining issuers

Dale Finn

Director• Geologist with +35 years of

experience in mining

exploration

• Currently serves as a Group

Executive Exploration at

Newmont Goldcorp and is

responsible for geologic

functions in South America

Strong management team with technical expertise and a track record of value creation

Adrian Reynolds

Independent Director• +30 years' experience in

natural resources sector

• +15 years' experience with

Randgold Resources as

part of the executive team

strategizing growth from

exploration-based to very

profitable mid-tier company

Michael Skead

VP Project Development• Geologist with +30 years of

experience in mining exploration

and development

• Most recently served aw Director

of Geoscience at Newmont

Goldcorp

Page 24: INVESTOR PRESENTATION - GT Gold Corp. · INVESTOR PRESENTATION GTT : TSX-V. Cautionary Statement Regarding Forward Looking Information Certain statements included in this presentation

PAUL HARBIDGE, PRESIDENT AND CEO

36 King Street East, Suite 400

Toronto, ON

M5C 1E5

647-256-6754

www.gtgoldcorp.ca


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