Corporate Overview Summer 2020 PROJECTS GOUDREAU KENWEST TSX-V: - PowerPoint PPT Presentation

Corporate Overview Summer 2020 PROJECTS GOUDREAU KENWEST TSX-V: MTU www.manitougold.com June 2020

TSX-V: MTU Disclaimer Regarding Forward Looking Statements Forward- looking statements relate to future events or the anticipated performance of Manitou Gold Inc. (the “Company”) and reflect management’s expectations or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include risks related to failure to define mineral resources, to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, future prices of gold and other commodities, capital and operating costs varying significantly from estimates, political risks arising from operating in Canada, uncertainties relating to the availability and costs and availability of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, uninsured risks and other risks involved in the mineral exploration and development industry. Although the Company has attempted to identify important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance not to be as anticipated. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Richard Murphy, P.Geo, CEO of Manitou Gold Inc., is the Qualified Person, within the meaning of NI 43-101 and has reviewed the technical content of this presentation . 2 2

TSX-V: MTU Capital Structure & Financial Li Listin ing g (Ma (March 8, 2010 IPO) O) TSX TSX-V: MT MTU Shares Outstanding 230,793,483 Options Outstanding 14,350,000 ($0.10 exercise price) Warrants 72,887,892 ($0.9 average price) FD Share Capital 318,031,375 Cash & Prepaid $3,600,000 *As of June 22nd, 2020 3 3

TSX-V: MTU Management • Richard Murphy P.Geo – Chief Executive Officer (CEO) – 24 years of experience as a Senior Geologist, President and CEO of a number of TSX and TSX-V listed companies. Successfully completed multiple IPOs, financings, acquisitions and divestitures with these companies. • Pat Dubreuil MBA. – Vice President Community and First Nations Engagement – 16 years of mining related experience, Northern Ontario Business Entrepreneur of the year 2016, R&D program director of the Centre for Excellence in Mining Innovation (CEMI) and Ultra Deep Mining Network (UDMN) in Sudbury, ON. Vice-President OFSC. • Donato Sferra. – Vice President Corporate Development – Managing Partner of Hillcrest Merchant Partners and has extensive background in the financial service industry spanning approximately 20 years. Mr. Sferra has extensive merger experience and was intimately involved as an advisor in the merger of the four public companies in what was the formation of Osisko Mining. • Carmelo Marrelli – Chief Financial Officer (CFO) – Chartered Accountant (CA), a Certified General Accountant (CGA), and an Associate (ACIS) of the Institute of Chartered Secretaries and Administrators (ICSA). He also has a Bachelor of Commerce degree from the University of Toronto. Carmelo also acts as Chief Financial Officer to a number of reporting issuers on the TSX and TSX Venture exchanges 4 4

TSX-V: MTU Independent Directors • Guy Mahaffy – is the Managing Director of W.G. Mahaffy Limited, a financial advisory firm. He holds the professional designations of Chartered Accountant, Chartered Professional Accountant and Chartered Financial Analyst. • Blair Zaritsky – currently serves as the Chief Financial Officer of O3 Mining Inc. and Osisko Mining Inc. (“ Osisko ”) and also serves as a director of Talisker Resources Inc. and formerly served as a director of Barkerville Gold Mines Ltd. In August 2015, he was a key part of the successful merger of four companies that helped obtain the flagship Windfall Lake assets that has significantly grown Osisko to over $1-billion market capitalization • Dan McCormack – 30 years in various capacities, including serving as an officer and director of a number of companies. He recently was a director and Vice President of Vault Minerals Inc., held positions with Canadian Malartic and was a consultant to Yamana Gold and Agnico Eagle under Osisko mining. He previously held the position of General Superintendent of Exploration at Kirkland Lake and Malartic. He is semi- retired since 2018. 5 5

TSX-V: MTU Goudreau Project • 340 km 2 of contiguous mining lands between Alamos’ Island Gold mine and Argonaut’s Magino deposits and the past- producing Renabie mine • Several 1+ Moz gold deposits to the east and west of Manitou’s landholdings; multiple operators • Considerable exploration momentum and rapidly evolving district; since 2017 the footprint of the Island Gold deposit has expanded to the east, west and down plunge and the total resource grew from 1.9 to 3.7 Moz Au • Abundant opportunity for major discoveries ; Goudreau Project hosts numerous underexplored shear zone hosted gold targets and occurrences with historical drill results that indicate the project’s potential for discovery 6 6

TSX-V: MTU Regional Setting – Gold Bearing Deformation Zones Destor-Porcupine DZ Larder Lake-Cadillac DZ Project Location • Many of the deposits associated with two regional deformation zones (DZ): • Destor-Porcupine DZ (Timmins, Hemlo) • Larder Lk – Cadillac DZ (Kirkland, Borden etc.) • Project located along what may be the continuation of the Larder Lk – Cadillac DZ 7 7

TSX-V: MTU Camp-Scale Geological & Structural Context • Michipicoten Greenstone Belt – Interpreted to be a monoclinal sequence of supracrustal rocks that have been thickened by regional folding • Rocks in the immediate Goudreau-Lochalsh area consist of felsic to intermediate pyroclastic metavolcanics capped by pyrite-bearing iron formation • Gabbro and quartz diorite dykes and sills intrude all volcanic rocks that comprise the Michipicoten Greenstone Belt • Known mineralization on the Property consists of gold targets in quartz veins and veinlets and sulphide zones within sheared and altered (silicified and carbonatized) mafic and felsic rocks and quartz-feldspar porphyry dykes 8 8

TSX-V: MTU Structural elements High Strain Moderate Strain Low Strain • Known gold mineralization typically concentrated along 2 nd or lower order shear zones and lithological contacts such as mafic-felsic volcanic contacts (e.g. Albert Lake stock), OFP-mafic contacts, mafic intrusive- mafic volcanic contacts. • Albert Lake stock is Surrounded by mineral occurrences (Tracanelli, Rockstar, Bankfield) • Intrusion can act as rigid body during deformation • Provide rheological contrasts favoring gold precipitation • Intrusion is proximal to two major deformation zones (Emily Bay and Goudreau-Dog) • Geophysics-derived lineaments show mineral occurrences at structure intersections 9 9

TSX-V: MTU Gold Showings & Opportunities 10 10 10 10

TSX-V: MTU Opportunities – Baltimore Deformation Zone (BDZ) • Subject properties cover the continuation of the Goudreau-Lochalsh DZ (GLDZ) and associated splay structures • Baltimore DZ (BDZ) – linear target (~20 km strike length x >2km wide) with complex structural history for discovery of next 1+ Moz deposit in the camp; represents the faulted continuation of the key GLDZ • Indications for significant gold bearing system over strike length of 61 m at Stover prospect; Historical shallow drill program (avg. 100 m vertical) returned 1 to 0.7 g/t Au over 15.5 to 48.5 m from 3 drill holes • Several other, locally high grade, gold occurrences discovered in the 1940s with isolated and sporadic work since. No systematic exploration program conducted since Manitou consolidated the project BDZ GLDZ 11 11