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TSX-V: GFG | OTCQB: GFGSF Creating a Prominent North American Gold Exploration Company Strong Portfolio of Highly Prospective District Scale Assets in Tier I Jurisdictions www.gfgresources.com December 11, 2017 Cautionary Statement Cautionary


  1. TSX-V: GFG | OTCQB: GFGSF Creating a Prominent North American Gold Exploration Company Strong Portfolio of Highly Prospective District Scale Assets in Tier I Jurisdictions www.gfgresources.com December 11, 2017

  2. Cautionary Statement Cautionary Note Regarding Forward-Looking I nformation This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intent”, “estimate”, “may” and “will” or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reserve and resource estimates, estimates of future production, unit costs, costs of capital projects and timing of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the grade and recovery of mined ore varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward- looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. GFG Resources Inc. undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Qualified Persons Brian Skanderbeg, P.Geo. and M.Sc., serves as President and CEO of GFG, and is a “qualified person” within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Skanderbeg has reviewed and approved the information contained in this document. www.gfgresources.com 2 TSX-V: GFG | OTCQB: GFGSF

  3. Creating a Prominent Au Explorer A Compelling Investment Opportunity Transaction creates an exploration company with two leading district scale opportunities • Rattlesnake Hills has a geologic setting similar to other gold deposits of the Rocky Mountain alkaline province which have produced over 50Moz Au historically District Scale Land • Timmins is one of the most prolific gold producing districts in the world – Land package between GG & THO Packages • Multi-asset combination reduces asset risk while maintaining upside • Focused on highly prospective and permittable jurisdictions: Wyoming & Ontario Focused to put capital in the ground to aggressively advance projects Brian Skanderbeg Patrick Downey President & CEO Chairman CEO of Orezone, Director Dalradian & Victoria Gold Former President & CEO of Claude Resources Board of Directors Leading Timothy Brown Jonathan Awde Management VP, Exploration Director Management & President & CEO of Gold Standard Ventures Former Chief Geologist at Cripple Creek, Anglo Gold Board Stephen de Jong Rick Johnson Director CFO & Corporate Secretary Former President & CFO of Claude Resources Chair Integra Resources, Former President & CEO of Integra Gold Marc Lepage Arnold Klassen VP, Business Development Director Former Manager, Investor Relations of Claude Resources Director of Kirkland Lake Gold • Attractive risk/reward opportunity with imminent maiden resource estimate at Rattlesnake Hills • Pipeline of catalysts from aggressive drill programs Unique Value • Significant institutional investor support Proposition • Leading analyst coverage – Michael Gray (Macquarie), Tyron Breytenbach (Cormark) & Craig Stanley (VIII Cap) www.gfgresources.com 3 TSX-V: GFG | OTCQB: GFGSF

  4. Transaction Overview Exceptional Brownfield & Greenfield Opportunity Aggressively Exploring District Scale Opportunities in Tier I Jurisdictions www.gfgresources.com 4 TSX-V: GFG | OTCQB: GFGSF

  5. West Timmins Opportunity Pen Gold Project – Rapier Gold Pen Gold Overview ● The Pen Gold Project land package consists of 19,000 hectares ─ 75 km southwest of the major gold mining centre of Timmins ─ Close proximity to infrastructure and project can be worked on year round ● Geology: ─ Similar rock types to Timmins Camp: Timiskaming conglomerate & fine-grained sediments, felsic porphyry, syenite and mafic/ultramafic volcanic stratigraphy ─ Regional deformation zones (extension of Porcupine Destor Fault Zone (PDFZ) and complex multi-phase folding ─ Widespread carbonatization and local fuchsite, biotite, tourmaline, sericite, and silica alteration ● Exploration: ─ Limited historical drilling to date with none greater than 310 metres in depth; majority focused on the Reeves UM complex ─ 5 distinct styles of mineralization intersected: Carb Rock Zone, Talc Carbonate (Carb Rock Contact Vein) , Sediment (Carb Rock Contact Vein), Sediment Zone and New Vein Zone ─ “New Vein” discovered by Rapier returned 13.0 g/t over 4.3 metres drilled width – limited follow-up drilling ─ Numerous regional targets to be advanced to drill ready stage in 2018 – Broadsword, Nib Yellowknife & Westgate www.gfgresources.com 5 TSX-V: GFG | OTCQB: GFGSF

  6. West Timmins Opportunity West Porcupine Project – Probe Metals West Porcupine Overview  Project is located between historic Timmins Camp and Borden Gold Project ─ Two claim blocks forming very large land position ─ 24,500 hectares (245 km 2 ) flanking Rapier Gold to the east and west  Geology: ─ Presence of significant occurrences of Timiskaming-style conglomerates ─ Indicates the proximity of a major fault, most likely the western extension of the Porcupine Destor Fault Zone (PDFZ)  Exploration: ─ Completed strong regional targeting programs ─ Drilling to date focused largely on the East block (9/12 holes) ─ Targeting driven by regional structural interpretation and IP chargeability ─ Results have yielded peak assay of 2 g/t in one ddh ─ Very little drilling completed on the West Block (3/12 holes) ─ Drill ready targets defined on western block and large areas remain untouched on both blocks  Corporate focus is on Val D’or www.gfgresources.com 6 TSX-V: GFG | OTCQB: GFGSF

  7. West Timmins Opportunity Swayze Project – Osisko Mining Swayze Gold Project Overview  Project is located in the southern Swayze between the Cote Lake gold deposit and Borden Gold Project ─ 12,000 hectares (120 km 2 ) with opportunity for further consolidation  Geology: ─ Acquired based on analysis of regional geophysical and geochemical data & presence of major E-W deformation zone (Rundle Shear) with associated and abundant porphyry intrusive bodies  Exploration: ─ Performed 63 km of line-cutting and 58 km of IP ─ Airborne magnetic survey flown to supplement IP data & to support drill hole planning ─ Targeting driven by regional structural interpretation and IP chargeability ─ Identified 8 priority targets ─ No drilling completed to date ─ Drill ready targets defined and large areas remain untouched  Corporate focus is at Windfall project www.gfgresources.com 7 TSX-V: GFG | OTCQB: GFGSF

  8. What do we see in West Timmins… Underexplored Mine Country • Current exploration hindered by fragmented land & solitary exploration strategy Consolidation • Strong platform to continue consolidation in the Timmins & Swayze districts Opportunity • District scale endowment - > 70 Moz produced • Strong district scale structural corridor – extension of Destor Porcupine • Broad scale alteration – carbonate, silicification, biotite, fuschite, tourmaline Excellent Regional Geology • Favorable & fertile stratigraphy – Timiskiming conglomerates, mafic/UM volcanic • Multiple fertile intrusive events – felsic porphyry & syenite • Opportunity to apply more regional geophysics – magnetic coverage & IP still lacking Underexplored • Limited regional geochemical data – Basal till, MMI, multi-media, etc • Limited systematic exploration undertaken & little regional drill testing Proximal to Major • Consolidation around major gold projects: Goldcorp, Tahoe Resources & Iamgold Producers • Well-established & underutilized infrastructure • Well-established & historic mining district Permittable • Ontario ranked in the top 20 jurisdictions in the world • Supportive local community with First Nation agreements in place www.gfgresources.com 8 TSX-V: GFG | OTCQB: GFGSF

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