District Scale Opportunity in the Wawa Mining Camp Investor - PowerPoint PPT Presentation

District Scale Opportunity in the Wawa Mining Camp Investor Presentation | August 2020 TSX-V: GUS

FORWARD LOOKING STATEMENTS Forward Looking I nformation This presentation may include certain “forward-looking statements” within the meaning of Although the Company has attempted to identify important factors that could cause actual applicable Canadian securities legislation. All statements, other than statements of historical results to differ materially, there may be other factors that cause results not to be as fact, included herein, including, without limitation, statements regarding future plans and anticipated, estimated or intended. There can be no assurance that such statements will prove objectives of Angus Ventures Inc. (“the Company”), future opportunities and anticipated goals, to be accurate as actual results and future events could differ materially from those anticipated the company’s portfolio, treasury, management team, timetable to permitting and production in such statements. The Company disclaims any intention or obligation to update or revise any and the prospective mineralization of the properties, are forward-looking statements that involve forward-looking statements, whether as a result of new information, future events or otherwise, various risks, assumptions, estimates and uncertainties. Generally, forward-looking information other than as required by applicable law. Accordingly, readers should not place undue reliance can be identified by the use of forward-looking terminology such as “seeks”, “believes”, on forward-looking statements and trading in securities of the Company should be considered “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, highly speculative. All scientific and technical information contained in this presentation has been “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words prepared by, or under the supervision of, Breanne Beh, vice president of exploration for the and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, Company and a qualified person as defined by NI 43-101, Standards of Disclosure for Mineral “would”, “should” or “might”, “be taken”, “occur” or “be achieved”. There can be no assurance Projects. that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is subject to Historical assays contained in this Presentation have not been confirmed by the Company, are of known and unknown risks, including but not limited to: an inability to complete the business uncertain QA/QC standards and should not be relied upon. They are presented as a guide to combination; general business, economic, competitive, geopolitical and social uncertainties; future exploration. delays in obtaining or failures to obtain required governmental, regulatory, environmental or other required approval; the actual results of current exploration activities; acquisition risks; and Currency other risks of the mining and resource industry. Although the Company has attempted to Unless otherwise indicated, all dollar values herein are in Canadian $. identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These statements reflect the current internal projections, expectations or beliefs of the Company are based on information currently available to the Company. The Company do not undertake to update any forward-looking information, except in accordance with applicable securities laws. The Company believe that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon by investors as actual results may vary. Unless required to be updated pursuant to securities laws, these statements speak only as of the date of this presentation and are expressly qualified, in their entirety, by this cautionary statement. 2 a TSX-V: GUS

INVESTMENT HIGHLIGHTS Greenstone Belts Golden Sky Project, Wawa, Ontario: 205 km 2 of under-explored land of Ontario within the prolific Mishibishu Lake Greenstone Belt • 100%-owned project • Strategic land position located between Wesdome’s two producing gold mines • Dorset Gold Deposit (using a 0.50 g/t Au cut-off) • Indicated category: 40,000oz @ 1.4 g/t Au • Inferred category: 180,000oz @ 1.2 g/t Au • Excellent exploration potential with existing resource • Drill-ready project with multiple gold showings and several identified unexplored gold targets Wawa Strong Shareholder Base • 30.9 million shares • Insiders’ ownership 56% Well-positioned for the next phase of growth 3 a TSX-V: GUS

MISHIBISHU LAKE GREENSTONE BELT ARGONAUT Magino 7.0 Moz BARRICK • Active gold camp - Renabie home to multiple 3.0 Moz TRILLIUM significant gold mines Edwards 0.15 Moz and deposits WESDOME Mishi TRILLIUM 0.6 Moz Cline • Proven mining ANGUS 0.2 Moz Golden Sky Project jurisdiction with NEWMONT Dorset deposit excellent infrastructure Borden 0.22 Moz 1.9 Moz ALAMOS • District-scale land Island Gold 1.0 Moz package bringing significant exploration WESDOME Eagle River upside for expansion of 0.4 Moz existing mineralization and new discoveries Gold Deposits Operating Gold Mines 4 a TSX-V: GUS

GOLDEN SKY PROJECT, WAWA Mishi Mine – Wesdome Gold 102,000 oz @ 2.2g/t Au (OP Reserves) 309,000 oz @ 2.2 g/t Au (OP Resources) 163,000 oz @ 5.2 g/t Au (UG Resources) Strategic land position located between Wesdome Gold Mine’s two producing mines: Magnacon Mine (closed) Production 44,000 oz @ 5.6 g/t Au the Eagle River Underground Mine and Mishi Open Pit Mine Since 1996, the Eagle River Mine produced over 1.3 million ounces of gold averaging 9.6 g/t gold Dorset Deposit - Angus 40,000 oz @ 1.4 g/t Au (Indicated) 180,000 oz @ 1.2 g/t Au (Inferred) Eagle River Mine – Wesdome Gold 416,000 oz @ 12.2g/t Au (Reserves) 2017 Report 5 a TSX-V: GUS

UNDER-EXPLORED GOLD TRENDS ESE • Limited exploration work completed in the past by previous owners including ground geophysics, IP survey, soil sampling & drilling Angus Systematic and methodical approach to evaluating, targeting & drilling the under-explored land package 6 a TSX-V: GUS

EXPLORATION TARGETS DORSET ZONE ESE Dorset – Indicated Resource Dorset – Inferred Resource Cut-off Grade Ounces Grade Ounces Tonnes Tonnes Au (g/t) Au (g/t) Au Au (g/t) Au Marten Zone – Angus Drill highlights: 0.5 780,000 1.4 40,000 4,760,000 1.2 180,000 • 5.1 g/t over 7.7m 1.0 540,000 1.7 30,000 2,580,000 1.5 130,000 • 2.7 g/t over 2.0m 1.5 290,000 2.1 20,000 1,180,000 2.0 80,000 5.0+ Source: NI 43-101 Technical Report Mineral Resources Wawa Property – February 2020 7 a TSX-V: GUS

POTENTIAL FOR HIGH-GRADE GOLD DISCOVERY DORSET ZONE – OPEN IN ALL DIRECTION ESE Topography MC-07-69 MC-98-08 0.82 g/t Au over 31.6m 1.96 g/t Au over 24.5m Incl: 2.7 g/t Au over 8.3m Incl: 4.0 g/t Au over 5.3m MC-06-51 1.5 g/t Au over 27.9m Incl: 4.7 g/t Au over 8.2m MC-98-09 3.7 g/t Au over 22.0m Incl: 5.8 g/t Au over 5.4m MC-07-62 2.7 g/t Au over 16.2m Exploration Potential at Incl: 3.7 g/t Au over 9.0m Depth & Along Strike Drillhole Au Legend (g/t) 0.25 to 0.5 0.5 to 1.0 0 300 1.0 to 3.0 3.0 to 5.0 5.0+ Meters 8 a TSX-V: GUS

EXPLORATION TARGETS IRON FORMATION ZONE • The iron formation zone has returned gold grab samples of 12 g/t Au and 7.8 g/t Au • Iron formation gold-hosted deposits play a major role to the metal endowment with several examples of current and past producers like Musselwhite, the Geraldton-Beardmore Camp and the Pickle Lake Camp 9 a TSX-V: GUS

SHARE STRUCTURE August 2020 Share Price (C$) $1.10 Shares Outstanding 30.9 million Warrants - Options 1.0 million Market Capitalization $34.0 million Cash (C$) $3.0 million 10 a TSX-V: GUS

UNIQUE INVESTMENT OPPORTUNITY  Strategic land position of under-explored, high potential gold properties located between Wesdome’s two producing gold mines  Numerous drill-ready targets on the existing gold deposit and beyond  Gold Resource Estimate of 40,000 Indicated and 180,000 Inferred ounces  Active mining camp due to the success of the Eagle River Mine (Wesdome) and Island Gold Mine (Alamos) 11 a TSX-V: GUS

18 King Street East, Suite 902 Toronto, Ontario M5C 1C4 Email: info@angusgold.com 12 a TSX-V: GUS