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P a n M i n e a n d G o l d R o c k E x p l o r a t i o n P r o j e c t , W h i t e P i n e C o u n t y, N e v a d a TSX-V: F 1 Pan Mine and Gold Rock Favorable Location within Prolific Battle Mountain-Eureka Mineral Trend TSX-V: F

  1. P a n M i n e a n d G o l d R o c k E x p l o r a t i o n P r o j e c t , W h i t e P i n e C o u n t y, N e v a d a TSX-V: F 1

  2. Pan Mine and Gold Rock Favorable Location within Prolific Battle Mountain-Eureka Mineral Trend TSX-V: F 2

  3. PAN MINE North Pit – Primarily Silicified Ore Source  Crusher and leach pad blend of argillic and silicified materials for proper percolation, stability, and recovery TSX-V: F 3  North Pit material leaches slower and is very abrasive

  4. PAN MINE South Pit – Primary Argillic Ore Source  South Pit material is soft, drills easily, and tends to have higher recoveries TSX-V: F 4

  5. PAN MINE Crusher Added to Circuit in Spring of 2019 TSX-V: F 5

  6. Pan Mine Reserves and Resources 2019 • Pan Resource Update Completed in late 2018 by SRK. • 2019 Resource Enhancement due to early 2018 Drilling Program of Near Mine Targets (71 holes, 28,730 feet, all RCR) Pan Resource 2018 Resource Tonnes Grade Grade Contained Metal (incl. reserve) (Au oz) (000s) (g/t) OPT Measured 6,031 0.6 0.018 117,000 Indicated 21,578 0.45 0.013 315,000 27,609 0.49 0.014 432,000 Measured + Indicated Inferred 7,580 0.45 0.013 110,000 TSX-V: F 6

  7. Pan Mine Favorable Geologic Setting in Devonian to Permian Carbonate-Clastic Sequence TSX-V: F 7

  8. Pan Mine • Gold Mineralization is controlled locally by the high angle Branham Fault Zone (BFZ), and secondarily by favorable lithologies adjacent to the fault zone. • Specifically, solution breccia (SBX) and silicified breccia within the BFZ in the lower Pilot Shale, near the Pilot-Devils Gate contact is a favored mineralization focus in North Pan. • At South Pan, the ore is typically heavily argillized and less silicified within the BFZ. Ore may occur in the Devil’s Gate or Pilot Shale, but always near the BFZ. • Ore from North Pan is ‘blended’ with South Pan ore at the leach pad to enhance permeability and recovery. TSX-V: F 8

  9. Pan Mine Geology TSX-V: F 9

  10. Pan Mine Geology and Mineralization North Pan Conceptualized Cross Section TSX-V: F 10

  11. Pan Mine Geology and Mineralization South Pan Conceptualized Cross Section TSX-V: F 11

  12. Pan Mine, North Pit Discovery Outcrop ‘Campbell Jasperoid’ in Foreground TSX-V: F 12

  13. Pan Mine - North Pit Viewing northward along strike of BFZ TSX-V: F 13

  14. Pan Mine Exploration Potential - 2019 Exploration Opportunities at Pan are Classified as 1.Near Mine –Development, and 2.Expansion or Property Targets (exploration targets identified within the property boundary). TSX-V: F 14

  15. Pan Mine Exploration Potential - 2019 Limited exploration drilling in 2018 grew reserves and extended mine life. Many of these areas indicate additional resource is available for definition by subsequent drilling phases. TSX-V: F 15

  16. Pan Mine Exploration Potential - 2019 Cross section through Campbell Ridge (Near Mine Development Target) Showing positive 2018 results and open ended resource to West. TSX-V: F 16

  17. Pan Mine Exploration Potential - 2019 3D Perspective of Pan Pit Design and Existing Drilling TSX-V: F 17

  18. Pan Mine Exploration Potential - 2019 Several other, favorable, ‘Near Mine’ targets have been identified at Pan. Additional Pan ‘Near Mine’ Targets TSX-V: F 18

  19. Pan Mine Exploration Potential - 2019 Pan 2019 Proposed Development Targets TSX-V: F 19

  20. Pan Mine Exploration Potential - 2019 Pan 2019 Proposed Development Targets TSX-V: F 20

  21. Pan Mine Exploration Potential - 2019 Pan Mine - ‘Property’ Exploration Targets ‘Property’ Targets have been identified by favorable geology, structure, and/or surface geochemistry. TSX-V: F 21

  22. Gold Rock Exploration Overview 2019 Gold Rock Project is Located Approximately 8 km Southeast of Pan Mine TSX-V: F 22

  23. Gold Rock Exploration Overview 2019 Gold Rock Highlights 1037 Mining Claims Approximately 25,600 acres First Claims Located in Mining at Easy Jr. started in 1989 and continued sporadically 1979 until 1996 bankruptcy. Total Historical Production 52,400 ounces of gold from Easy Jr. pit Resource Update in 2018 Approximately 420k ounces Au in Indicated and Inferred Fiore completed 8 Holes Targeted 3 outlying exploration areas. Encountered anomalous in 2018 Au mineralization and confirmed target concepts. Exploration drilling was not designed to enhance known resource. Mine Permit ROD issued Mining Permit includes Exploration disturbance of 392 acres in 2018 (76.7 used to date) Numerous Exploration Targets defined by favorable geology, structure and anomalous Targets surface sampling. Limited drilling, sometimes no drilling. TSX-V: F 23

  24. Gold Rock Exploration Overview 2019 Gold Rock Stratigraphy - Similar to Pan, but different Host Gold Primarily in Joana Limestone and overlying Chainman Shale TSX-V: F 24

  25. Gold Rock Exploration Overview 2019 Gold Rock Geology Overview TSX-V: F 25

  26. Gold Rock Exploration Overview 2019 Resource Area Geology TSX-V: F 26

  27. Gold Rock Exploration Overview 2019 North Highwall EZ JR Pit -EZ Anticline in Joana Limestone TSX-V: F 27

  28. Gold Rock Exploration Overview 2019 NI 43-101 Resource Update Completed in 2018 Gold Rock Updated Resource 2018 Gold Gold Contained Category Tonnes Grade Grade Gold oz g/t* oz/st* Indicated 9,006,900 0.82 0.024 238,700 Inferred 7,787,500 0.72 0.021 180,900 *cut off grade of 0.02 oz/st TSX-V: F 28

  29. Gold Rock Exploration Overview 2019 North and South Resource Areas Separated by Region with Similar Geology and on Structural Trend, but limited Drilling TSX-V: F 29

  30. Gold Rock Exploration Overview 2019 2019 Phase 1 Development Drill Plan TSX-V: F 30

  31. Gold Rock Exploration Overview 2019 Resource Model Identifies Areas of Potential Resource Addition by Infill Drilling. Legacy Drilling did not fully delineate Mineralization TSX-V: F 31

  32. Gold Rock Exploration Overview 2019 2019 Phase 1 Development Drill Plan TSX-V: F 32

  33. Gold Rock Exploration Overview 2019 Exploration Targets Identified by Favorable Geology along Structural Trend and Anomalous Soil and Rock Geochemistry TSX-V: F 33

  34. Gold Rock Exploration Overview 2019 Three Target Areas were drill tested in 2018. Target Concepts were validated. Mineralization was encountered at the expected structural and stratigraphic domains. Hole ID Target Area From (ft) To (ft) Interval (Ft)* Au oz/ton GR18-01 Laura Hill 85 90 5 0.009 GR18-02 Laura Hill No significant value GR18-03 Laura Hill 50 60 10 0.007 GR18-04 Jasperoid Creek 250 290 40 0.020 GR18-04 Jasperoid Creek 300 320 20 0.010 GR18-04 Jasperoid Creek 595 615 20 0.008 GR18-05 Jasperoid Creek 375 385 10 0.005 GR18-06 Jasperoid Creek No significant value GR18-07 Monte HW 5 90 85 0.006 GR18-08 Monte HW 20 75 55 0.005 TSX-V: F 34

  35. Gold Rock Exploration Overview 2019 Mineralization Characterized by Strong NNE Structural Trend – Anticlinal Axis and High Angle Faults along Limbs. Trace of NNE Structure typified by Anomalous Gold Values in Soils and Rock Chips TSX-V: F 35

  36. Gold Rock Exploration Overview 2019 Gold in Soils Define NNE and Parallel Structural Trend TSX-V: F 36

  37. Pan Mine and Gold Rock Project Thank you! TSX-V: F 37

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