INVESTOR PRESENTATION November 2019 Tatogga Project, Golden Triangle, BC GTT : TSX-V
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. They 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/ Saddle Reverse Circulation and Diamond Drill Program Assay Results Widths reported in this presentation are drilled core lengths. True widths are estimated to be approximately 85- 90% of drilled lengths for minus 50 degree holes, and approximately 70% for minus 70 degree holes. 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 Charles James Greig, P.Geo., Vice President, Exploration. Mr. Greig has reviewed and approved the technical information in this presentation. TSXV: GTT 2
GT Gold – New Copper-Gold Play with Infrastructure and Upside SADDLE NORTH DISCOVERY TIER 1 MINING JURISDICTION EXPLORATION UPSIDE • • Located in British Columbia’s • Exposure to both copper and gold 2018 Saddle North Golden Triangle – a prolific mining High-grade Cu-Au porphyry • Large-scale, high-grade Cu-Au region hosting a number of with scale and open at depth porphyry system, mineralized to operating mines and world-class • near surface with grades 2017 Saddle South deposits increasing to depth Near surface epithermal • Existing infrastructure with Au-Ag system open to east, • Grades exceeding 1.0% CuEq / proximity to operating mine – west, south and at depth 1.5 g/t AuEq over 777m including paved highway and • including 1.5% CuEq / 2.0 g/t Additional targets identified on access to provincial power grid AuEq over 342m (Hole 109)* prospective 468 km 2 property Strong management team with technical expertise and a track record of value creation TSXV: GTT 3
Tatogga: Tier 1 Jurisdiction with Access & Infrastructure Red Chris mine N Tatogga 287 kV Line Property 37 Paved Highway CANADA Iskut SADDLE NORTH SADDLE SOUTH Port of Stewart Drillhole 100% owned 468 km 2 property TSXV: GTT 4
Saddle North: Large Scale Cu-Au Porphyry Discovery Growth: Infill & Expansion 25,000 m of drilling Large Scale Cu-Au Porphyry Phase 1 & 2 results to date have successfully: Blind Target Discovery 8,200 m of drilling 1) extended known higher-grade core of mineralization down-dip by ~450 m (to vertical depth below surface of 1,100 m of drilling Discovery confirmed! Identified large- ~1,550 m); 2) confirmed continuity of the higher-grade Geophysical work in 2017 scale mineralization with high-grade core in the central part of the deposit, and; 3) extended core, varying in thickness from ~100 m identified a coincident magnetic near surface mineralization by ~200 m to the northwest. near surface to over 300 m toward & IP anomaly ~1,000 m across. System remains open at depth and along strike. depth of ~1,100 m from surface. Large scale Cu-Au porphyry style mineralization uncovered . NEXT STEPS: with end of season drilling. Report all compiled 2019 assays Geological model H1 2020 2018 2017 2019 Began consultation in Sep 2019 to progress Saddle North through resource estimation and economic evaluation 2019 Saddle North drill core - late sheeted pyrite veinlets cutting veins TSXV: GTT 5
TTD131 TTD132 Saddle North 250.00 metres @ 378.71 metres @ 0.35 g/t Au and 0.20% Cu, 1.00 g/t Au and 0.52% Cu, 0.63 g/t AuEq and 0.46% CuEq 1.72 g/t AuEq and 1.26% 2019 Drilling CuEq including 137.78 metres @ to Date 1.71 g/t Au and 0.77% Cu 2019 program tested core of mineralized porphyry TTD132 TTD130 405.45 metres @ 599.00 metres @ intrusive system to 1.5 km 0.57 g/t Au and 0.37% Cu, 0.52 g/t Au and 0.30% Cu, 1.08 g/t AuEq and 0.80% CuEq 0.94 g/t AuEq and 0.69% CuEq depth including 119.45 metres @ 1.07 g/t Au and 0.47% Cu Demonstrated continuity in TTD128 15.70 metres @ higher grade southerly- 6.21 g/t Au plunging core from surface TTD128 to highest-grades at depth 635.00 metres @ 0.40 g/t Au and 0.31% Cu, 0.83 g/t AuEq and 0.61% CuEq 100% of holes drilled intersected Cu-Au porphyry-style mineralization TTD129 230.00 metres @ System remains open 0.42 g/t Au and 0.29% Cu 0.82 g/t AuEq and 0.60 % CuEq in most directions with TTD128 TTD129 most obvious significant 4.11 m @ 25.42 g/t Au 793.00 metres @ 0.46 g/t Au and 0.38% Cu, potential at depth to S 0.99 g/t AuEq and 0.72% CuEq TSXV: GTT 6
Saddle North drilling across high-grade core NE cross-section 5320 NE cross-section 5570 250.00 metres @ 0.35 g/t Au and 0.20% Cu 0.63 g/t AuEq and 0.46% CuEq (70.00-320.00 m) 0.80 m @ 76.90 g/t Au 160.00 metres @ 0.24 g/t Au and 0.24% Cu 0.75 m @ 11.95 g/t Au 0.58 g/t AuEq and 0.42% CuEq 1.33 m @ 8.38 g/t Au (334.00-494.00 m) 4.11 m @ 25.42 g/t Au (529.20-533.31 m) 51.00 metres @ 635.00 m @ 0.37 g/t Au and 0.18% Cu 0.40 g/t Au and 0.31% Cu 0.63 g/t AuEq and 0.46% CuEq 0.83 g/t AuEq and 0.61% CuEq (531.00-582.00 m) (696.00-1,331.00 m) Including 225.39 m @ 0.74 g/t Au and 0.46% Cu 599.00 m @ 0.52 g/t Au and 0.30% Cu 0.94 g/t AuEq and 0.69% CuEq (682.00-1,281.00 m) Including 343.00 m @ 0.63 g/t Au and 0.34% Cu 137.63 m @ 0.52 g/t Au and 0.36% Cu 15.70 m @ 6.21 g/t Au (1,506.00-1,521.00 m) 1.03 g/t AuEq and 0.75% CuEq (1,353.00-1490.63 m) Including 5.00 m @ 16.13 g/t Au (1,515.61-1,520.61 m) 7
Saddle North drilling across high-grade core NE cross-section 5790 NW cross-section 1 378.71 m @ 1.00 g/t Au and 0.52% Cu 1.72 g/t AuEq and 1.26% CuEq (270.00-648.71 m) Including 137.78 m @ 1.00 m @ 4.71 g/t Au 1.71 g/t Au and 0.77% Cu 6.29 m @ 2.65 g/t Au (270.70-276.99 m) 6.23 m @ 2.21 g/t Au (289.77-296.00 m) 405.45 m @ 0.57 g/t Au and 0.37% Cu 1.08 g/t AuEq and 0.80% CuEq (662.55-1,068.00 m) Including 119.45 m @ 793.00 m @ 0.46 g/t Au and 1.07 g/t Au and 0.47% Cu 0.38% Cu 0.99 g/t AuEq and 0.72% CuEq (488.00-1,281.00 m) Including 355.00 m @ 0.61 g/t Au and 0.45% Cu 230.00 m @ 0.42 g/t Au and 0.29% Cu 0.82 g/t AuEq and 0.60% CuEq (1,291.00-1,521.00 m) 6.00 m @ 0.85 g/t Au Including 93.67 m @ (1,573.00-1,579.00 m) 0.55 g/t Au and 0.39% Cu 8
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