ADVANCING GOLD PROSPECTS IN SASKATCHEWAN, CANADA July 2019 1
FORWARD LOOKING STATEMENTS: Certain statements made and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, information with respect to this presentation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward- looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may difger materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. Any reference to historical estimates and resources should not be relied upon. These are not current and a Q.P. has not done suffjcient work to classify these historical estimate and MAS Gold Corp. is not treating the historical estimate as a current resource estimate. David Tupper, P. Geo. is a qualified person within the context of National Instrument 43-101, and has read and approved the technical aspects of this presentation. 2
Working hard and smart to find gold on our properties in La Ronge Gold Belt, Saskatchewan. WHAT DO WE HAVE GOING FOR US? ● Focused on Gold ● Multiple High Quality Gold Assets. ● Completed Winter Drill Program on Two Properties. ● Experienced and Proven Management & Exploration Team. ● Operating in Saskatchewan, Canada’s Top Rated Mining Jurisdiction. ● Existing Infrastructure ● Strong, organized community oversight and interaction. MAS GOLD CORP. TSX-V: MAS 3
Share Structure (as of July 8th, 2019): Shares Issued and Outstanding: 43,637,697 Options outstanding: 1,450,000 Warrants outstanding: 7,730,000 Fully diluted 52,817,697 52 week range $0.04 - $0.15 Proven Management: Ronald Netolitzky President & CEO, Director 2015 Mining Hall of Fame inductee . Andrew Davidson, CPA CFO, Director David Tupper. P.Geo. VP Exploration Lubica Keighery VP Corporate Development Dale Wallster Advisor Experienced Board: Ronald Netolitzky President & CEO, Director Andrew Davidson, CPA CFO, Director Robert Mathews, CA (retired) Director Rodney Spooner, P.Eng, P.Geo. (retired) Director 4
➢ Active in the La Ronge Gold Belt since 1990’s. ➢ Subject to the La Ronge South Gold Joint Venture (“LRSG JV”), signed June 29, 2012 with Golden Band Resources Ltd. ➢ MAS is the JV operator ➢ MAS property holdings: 100% MAS 38,834 ha 95,960 acres 50% MAS* 14,996 ha 37,056 acres 53,830 ha 133,017 acres * AOI: 2km north of Churchill River; all staking between the Churchill River and Lat. 55o N. ➢ Properties occupy strategic position at transition between La Ronge Domain and Kisseynew Domain 5
MAS Gold Corp. is working in the La Ronge Greenstone Belt developing Saskatchewan gold prospects into gold deposits. Developed Prospects ● Point Gold Deposit ● North Lake Gold Deposit ● Greywacke South Gold Zone ● Lyons Gold Zone ● Elizabeth Lake Copper-Gold Deposit Defined Resources ● Greywacke North Deposit (June 2016: 43-101 Inferred Resource) MAS GOLD 6 CORP. TSX-V: MAS
COMPLETED DRILL PROGRAM ON TWO PROPERTIES January-March, 2019 POINT GOLD PROSPECT ● 13 holes totaling 1947.0 metres ● Located on the Preview Lake property ● 60 km. northeast of La Ronge, Saskatchewan. ● 35 historic core holes totaling 3489 metres (1984-89). ● 4.5 km. northeast of Contact Lake Gold Mine (closed). (1995-97: produced 167,385 ounces gold; average grade 8.0 g/t gold). NORTH LAKE GOLD PROSPECT Hole RM19-48 ● 10 holes totaling 1594.0 metres ● Located on the North Lake property. ● 65 km. northeast of La Ronge, Saskatchewan. ● 43 historic core holes totaling 5,723 metres (1987-88). OBJECTIVES: ● Provide confirmation of historic drill results, infill and step-out drill intercepts, and core for metallurgical testing. 7
2019 Drill Program - POINT GOLD PROSPECT Targeting multiple zones of pyrtitic sheared quartz gold veins within silica and carbonate altered, tufgaceous volcanics and felsic intrusive. Assays Released Assays Released Confirmation Holes: RM19-44* Infill hole between RM86-21 & RM87-35. RM19-45* Twin hole of RM86-21 Section RM19-46* Twin hole of RM87-32 6145585 N Down Dip Expansion Holes RM19-47* Infill hole RM19-48 - 53* Tests of down dip extensions of known gold mineralization. RM19-54 - 55* Test north extension of gold mineralization. RM19-56** Test of projected southeast plunge of gold mineralization. * Drilled at Azimuth 110 degrees. 8 ** Drilled at Azmuth 140 degrees. Plan map of Point Prospect area, Preview Lake Property: Current and historical drill holes.
Schematic Cross Section 6145585 N Approximate relative locations of 2019 and historical drilling. West East RM87-32 R M R 8 7 M - 3 8 1 7 - 3 2 RM87-35 Twin Hole RM19-46 (approx.) R (090; -55; 116 m) M 8 6 - 2 RM19-48 (approx.) 1 (090; -45; 174 m) Twin Hole RM19-45 (approx.) (090; -45; 134 m) Infill Hole 1.0 - 3.3 g/t Au RM19-44 (approx.) metres (090; -55; 154 m) Calc-Silicate > 3.4 g/t Au Alteration metres Key to historical results Source: R.S. Chapman; S. Eriks; SMDC Assessment Report. June, 1987. 9
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1.8 g/t Au / 1.6 m 2019 Drill Program NORTH LAKE PROPERTY Felsite 4.7 g/t Au / 1.8 m 1.4 g/t Au / 2.7 m 1.4 g/t Au / 3.0 m Sheeted 1.5 g/t Au / 14.3 m Targeting zones of sheeted Qtz-Py Veins 27.1 g/t Au / 1.8 m hematitic quartz-pyrite 4.4 g/t Au / 1.6 m Section 2375 2.3 g/t Au / 3.0 m veins hosted in felsite. Mafic Volcanic 2.8 g/t Au / 3.0 m Recent Program: 1.5 g/t Au / 12.5 m Historic North Lake drill results; holes NL88-28 & 29. 1,506 metres in 10 holes completed Metallurgical work and North Lake new resource planned. Historical work includes: l i a 41 holes drilled along 700 r t d i k s metres of strike. r e t n i W All historic core available on site. 11
NORTH LAKE PROPERTY North Lake Deposit - 2019 Drilling Program - Successful in providing infill and down dip extension of historical results Presence of multiple, wide zones of near surface and continuous low-grade gold mineralization confirmed Broad, moderately northwest dipping zones of sheeted hematitic quartz veinlets within a competent felsite unit. * Minor pyrite and chlorite vein selvages - associated with the auriferous zones, which also exhibits fine-grained visible gold. * Tiese gold zones range from five to greater that 100 meters in thickness and extend to over 700 meters in length. 12
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14 GREYWACKE SOUTH GREYWACKE NORTH DEPOSIT LYONS Greywacke Property
Greywacke Property: Total Magnetics Wasp Lake Hoover Lake Lake Shandy Lake Greywacke North Greywacke South Lyons Proposed 2019 Work Program Drilling: ● Greywacke South: 1,005 m in 7 holes. Nicks ● Lyons Zone: 505 m in 6 holes. ● Re-sampling of 2012 test mine pit. 15
ELIZABETH LAKE COPPER-SILVER VMS DEPOSIT 16
MAS Gold Corp. For more information, please contact: Lubica Keighery VP Corporate Development c: 778-889-5476 e. lubica@masgoldcorp.com 420 - 789 West Pender Street Vancouver, British Columbia Canada, V6C 1H2 604-685-8592 www.masgoldcorp.com 17
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