INVESTOR PRESENTATION TSX-V : GTT Saddle North th Project ct, Tatogga Property JULY 2020 OTC : GTGDF Golden Triangle, BC
Cautionary Statement Regarding Forward Looking Information Certain 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, and 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/ For full details on both Saddle North and Saddle South reverse circulation and diamond drill program assay results widths reported in this presentation, please refer to the corresponding press release available on the Company website at www.gtgoldcorp.ca/news/. 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 Michael Skead, FAusIMM, VP Project Development. Mr. Skead has reviewed and approved the technical information in this presentation. TSXV: GTT 2
Attractive New Copper & Gold Investment Opportunity 1.81 Blb Cu | 3.47 Moz Au Maiden Mineral Resource for Saddle North Project INDICATED RESOURCE • Multi-billion pound copper and multi-million ounce gold resource 2.98 Blb Cu | 5.46 Moz Au • Located in Tier-1 Canadian jurisdiction with infrastructure INFERRED RESOURCE • Prospective property with regional exploration upside potential Strong Leadership Team LEADERSHIP Highly experienced management and board with proven track record • & GROWTH STRATEGY Clear, dual-focused growth strategy to create long-term value • Solid Financial Position $14.4M CASH* Sufficient funds to support 2020 exploration season and work to complete • NO DEBT Saddle North PEA Shareholder Confidence INSIDER & CORPORATE 11.9% ownership by Directors and Management • OWNERSHIP 14.9% ownership by Newmont Corporation • *as at March 31, 2020 TSXV: GTT 3
TATOGGA PROPERTY Tier 1 Mining Jurisdiction with Access and Infrastructure SA SADDLE LE DISCOVER VERIE IES TATOGGA PROPERTY Iskut ut • Existing Communit unity Infrastructure • Easily Accessible • Within Tahltan Traditional Territory Highw hway y 37 • Within Prolific Golden Triangle 287 kV Power Line ne in BC, Canada N 7/28/2020 TSXV: GTT 4
Attractive New Investment Opportunity with District Upside Potential in Canada 2020 Clear Dual-focused Strategy to Create Long-term Value 1. ADVANCE SADDLE NORTH TO PEA 2. DEVELOP NEW TARGETS ON PROPERTY Saddle North large-scale gold-copper porphyry • Quash Pass target deposit with optionality and expansion upside 5-6 km long strong coincident soil and geophysical anomaly located less than 8 km from Saddle area ✓ Geological model completed in Q1 • Saddle area ✓ Initial mineral resource estimate completed in Q2 highly prospective untested targets adjacent to Saddle discoveries • Continue ongoing engineering work and studies to deliver the Preliminary Economic Assessment (PEA) • Additional targets in Q4 2020 identified on prospective 468 km 2 property TSXV: GTT 5
Saddle North Mineral Resource Estimate
SADDLE NORTH MINERAL RESOURCE Quality Control from Geological Model to Mineral Resource Estimate Lithology Model* Alteration Model* Saddle North Combined Mineral Resource Open Pit and Underground* Shapes from the geological model were imported and used as estimation domains to create the Mineral Resource Block Model 0m 250m 500m 750m *See press releases dated April 28, 2020 and July 6, 2020 for details on Saddle North alteration and lithology models and Quality Control processes in creating the Mineral Resource estimate. TSXV: GTT 7
SADDLE NORTH MINERAL RESOURCE Saddle North Combined Mineral Resource 2020 Maiden Mineral Resource Open Pit and Underground* Summary Indicated Resource 298 Mt @ 0.28% Cu, 0.36 g/t Au and 0.79 g/t Ag 1.81 Blb Cu, 3.47 Moz Au and 7.58 Moz Ag Inferred Resource 543 Mt @ 0.25% Cu, 0.31 g/t Au and 0.67 g/t Ag 2.98 Blb Cu, 5.46 Moz Au and 11.64 Moz Ag ✓ Open pit as well as underground mining potential ✓ Potential for expansion with mineralization open down plunge and to the southwest • Basis for PEA expected by year-end 2020 *See press release dated July 6, 2020 for notes on mineral resources, Net Smelter Return (“NSR”) and assumptions TSXV: GTT 8
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