Gemdale Gold, Inc · TSXV:GEMG

Gemdale Gold — Investor Presentation (May 2025)

34 slides from Gemdale Gold's investor presentation, May 30, 2025

  1. Slide 1: Gemdale Gold Inc. Corporate Presentation

    STRICTLY PRIVATE AND CONFIDENTIAL GOLD >$3200/OZ  Fresh New Gold Investment Opportunity  Near-Term Discovery of a Large Near-Surface Gold Deposit  Focused on Finland : low risk jurisdiction  Best Location in Finland : Mining-Friendly Western Finland GEMDALE GOLD INC. CORPORATE PRESENTATION May 3

  2. Slide 2: Legal Information

    LEGAL INFORMATION Notice Regarding Forward Looking Information Certain statements and information contained in this Presentation constitute forward-looking statements or forward-looking information (collectively “forward-looking statements”) within the meaning of applicable securities laws, includin

  3. Slide 3: Legal Information

    LEGAL INFORMATION Future Oriented Financial Information To the extent any forward-looking statement in this Presentation constitutes “future-oriented financial information” or “financial outlooks” within the meaning of applicable Canadian securities laws, such information is being provided to demons

  4. Slide 4: New High Quality Finland-Focused Explorer

    NEW HIGH QUALITY FINLAND-FOCUSED EXPLORER GEMDALE GOLD INC  High Quality Gold and Critical Metals Assets  Highly Experienced Team  Finland Focused : Low Country Risk  Simple Capital Structure, Low Entry Price  Closing in on Finland’s Next Major Gold Discovery  Plans to Go Public Advanced PONTI

  5. Slide 5: Post Listing Strategy and Near Term Outlook

    POST LISTING STRATEGY AND NEAR TERM OUTLOOK FLAGSHIP PROJECT PONTIO IMMEDIATELY BEGIN DRILLING GOLD 6000m drill program DELIVER MAIDEN RESOURCE ESTIMATE PROJECT INFILL AND EXTEND M2 ZONE PROJECT PIPELINE SAVO DRILL TO EXPAND HISTORICAL*** RESOURCE GOLD EXPLORATION LICENSE APPLICATION BASE PROJECT LA

  6. Slide 6: Exploration & Mining Investment in Finland

    EXPLORATION & MINING INVESTMENT IN FINLAND Agnico Eagle - Kittila Au Mine – Aurion Resources - Au exploration Europe’s largest gold producer B2 Gold - Au exploration Finex Metals - Au exploration Rupert Resources - Ikarri Au project Kinross Gold - Au exploration Boliden – Kevitsa Mine + exploration

  7. Slide 7: Strong & Diverse Portfolio of Projects

    STRONG & DIVERSE PORTFOLIO OF PROJECTS VUOLLOSVAARA-PALKISVAARA Greenfields exploration : copper-cobalt anomalies*1 to be drilled LAPLAND GOLD CLAIMS Greenfields exploration : Developing new targets in rapidly evolving gold belt PONTIO Flagship project : A newly discovered, near surface, 4km long go

  8. Slide 8: Western Finland Gold

    WESTERN FINLAND GOLD BOTHNIAN REGION – UNDEREXPLORED FOR GOLD • Current and past mining has focused SWEDEN FINLAND on VMS deposits in Skellefte district Sweden and Vihanti/Pyhasalmi district Finland • Gold deposits in Finland mainly exploited only from 1990’s; Finland under-explored compared to Swed

  9. Slide 9: A New Gold Camp in Western Finland

    A NEW GOLD CAMP IN WESTERN FINLAND UNDEREXPLORED, WITHIN AN EXISTING MINING DISTRICT WITH EXCELLENT INFRASTRUCTURE • Prospective but underexplored Raahe region LAIVA Active • Mining area – with several mines (both active and closed) in the district VIHANTI Closed PONTIO • Excellent infrastructure –

  10. Slide 10: Pontio: Flagship in Heart of New Gold Camp

    PONTIO : FLAGSHIP IN HEART OF NEW GOLD CAMP A MAJOR NEW GOLD DISCOVERY – SCOPE TO BE ONE OF THE LARGEST IN FINLAND Possible 500 m extension • Discovered in 2011 by Gemdale’s management N-S trends of to the north of current mineralisation plus magnetic anomalies parallel M2.5 trend • Drilling at M2 d

  11. Slide 11: Drilling Highlights on the M2 Trend

    DRILLING HIGHLIGHTS* ON THE M2 TREND WIDE ZONES OF GOLD MINERALIZATION ALONG 4KM OF STRIKE Intersection Grade (g/t Including Grade (g/t Hole from (m) to (m) (m) Gold) Intersections (m) Gold) BELANP015 5.5 57.23 51.73 0.91 26.64 1.37 BELANP013 17.95 82.11 64.16 1.06 45.02 1.31 BELANP011 11.2 51.95 40

  12. Slide 12: Pontio M2 – Strike Length Over 4 km

    PONTIO M2 – STRIKE LENGTH OVER 4 KM NEAR SURFACE GOLD MINERALIZATION COMPLETELY OPEN AT DEPTH AND ALONG STRIKE • Vertical long section along the M2 Trend at Pontio ; new drilling has extended strike length of mineralisation by 800m to 4km. • Intercepts show the mineralisation is present near surface

  13. Slide 13: Pontio M2 – Parallel and High Grade Zones?

    PONTIO M2 –PARALLEL AND HIGH GRADE ZONES? STRONG IP CHARGEABILIT Y TARGET IN THE NORTHERN PART OF THE M2 TREND W E PONT-029 PONT-028 PONT-038 BELANP-025 IP chargeability anomaly West diorite host of mineralisation PONT-028 53.9 m @ 0.70 g/t PONT-029 PONT-038 incl. 11.0 m @ 1.10 g/t W E PONT-028 BELA

  14. Slide 14: Potential for Commercial Scale and Grade

    POTENTIAL FOR COMMERCIAL SCALE AND GRADE GRADES SIMILAR TO NEW GENERATION OF LARGE GOLD MINES IN CANADA AND ELSEWHERE Average gold mine reserve grades continue to decline over time Many of the largest Canadian open pit mines have as gold prices move up average grades below 1.3g/t, with the two large

  15. Slide 15: Isoneva Gold Project

    ISONEVA GOLD PROJECT HIGH GRADE GOLD DISCOVERIES – LOI SIGNED WITH NORDIQUE RESOURCES FOR EARN-IN • Located in Western Finland ~60km from Pontio • Drill-ready targets with bedrock, till and boulder anomalies 59.7g/t • Large high grade boulder field with gold assays up to 462g/t, with 67.2g/t ~200 sa

  16. Slide 16: Isoneva – Substantial Value Daylighted

    ISONEVA – SUBSTANTIAL VALUE DAYLIGHTED EARN-IN DEAL WITH NORDIQUE PROVIDES FOR OVER C$9 MILLION IN VALUE FOR GEMDALE • Key Terms Proposed in LOI* :  C$100,000 in cash upfront; plus  C$3,000,000 in expenditures over 3 years; plus  A percentage, to be confirmed, of all expenditures as management fe

  17. Slide 17: Savo/Rantasalmi Gold Project, South East Finland

    SAVO/RANTASALMI GOLD PROJECT, SOUTH EAST FINLAND HISTORICAL (INFERRED) RESOURCE ESTIMATE OF 0.3 MILLION OUNCES OF GOLD • Historical (2011) Resource on the Osikonmaki target based on 221 drill holes • Mineralization controlled by an E-W shear zone oriented dipping approximately 40° - 50° to the south

  18. Slide 18: Recent Market Transactional Comparatives

    RECENT MARKET TRANSACTIONAL COMPARATIVES  First Nordic Metals Corp. Buys Agnico Out of Oijarvi (July 15 2024)  C$8.2 million for Agnico Eagle Mines Limited’s (“Agnico”) share of Oijarvi project in north-central Finland  All share deal; Agnico receiving further rights and benefits  Oijarvi resour

  19. Slide 19: Why Invest in Finland's Mining Industry?

    WHY INVEST IN FINLAND’S MINING INDUSTRY? Tier 1 Jurisdiction, comparable with Canada and Australia • Low political risk, EU jurisdiction • Finland’s Attractive policy regime: – ranked #8 of 86 jurisdictions in the Fraser Institute’s* 2023 “Policy Perception Index” and #17 of 86 jurisdictions overall

  20. Slide 20: Sprott Ranks Finland Highly

    SPROTT RANKS FINLAND HIGHLY FINLAND AMONG ONLY 6 COUNTRIES WITH “MINIMAL RISK” AND GOOD/STRONG OPPORTUNIT Y Source: Sprott Inc website: https://sprott.com/media/fwqjsku 5/sprott-mining-risk-heat-map.pdf 20

  21. Slide 21: Experienced Leadership Team

    EXPERIENCED LEADERSHIP TEAM HIGHLY EXPERIENCED TEAM OF MINING INDUSTRY EXPERTS PATRICK CHIDLEY, M.S, CFA Executive Chairman and Director - Over 30 years experience in mining finance, exploration, mining & commodities. A leading New York based gold industry analyst for 14 years, with HSBC and Barnard

  22. Slide 22: Capital Structure (Pre-Money)

    CAPITAL STRUCTURE (PRE-MONEY) 20% Shares : 14.8M * Warrants or options 0.45M 24% 56% Management incentivized: 56% holding Founders, Management & Directors Retail Investors Institutional Investors 22

  23. Slide 23: Market Comparative Valuations

    MARKET COMPARATIVE VALUATIONS  Important new discoveries are focusing the market’s Fully Diluted Market Value (C$m) : Scandinavian Gold Companies attention on Finland: seen as a new frontier with low $1,350 political risk and excellent infrastructure – helping $1,300 $1,242 $1,250 support market va

  24. Slide 24: An Investment in Both Gold and Critical Minerals

    AN INVESTMENT IN BOTH GOLD AND CRITICAL MINERALS Why Gold? Why Critical Minerals? • Gold is a reliable store of wealth and acts as a hedge against • Energy transition requires massive increase in mining of critical minerals inflationary and geopolitical pressures / strategic metals such as copper, n

  25. Slide 25: Lapland Exploration Projects

    LAPLAND EXPLORATION PROJECTS UNDEREXPLORED & STRATEGICALLY LOCATED NEAR IMPORTANT GOLD DEPOSITS – Gold - Prospective for gold (adjacent to Aurion Resources’ Launi East gold property), and along and splaying off the major Sirkka Shear geological fault structure* – Copper-Cobalt - Also prospective for

  26. Slide 26: Lapland

    LAPLAND NEW GOLD AND CRITICAL METALS DISCOVERIES • Known Au occurrences associated with KITTILA major crustal detachment structures Agnico Eagle PAHTAVAARA Rupert reactivated in later deformations. IKKARI Resources Rupert Resources KEVITSA • Early focus was on the western edge Boliden with multiple

  27. Slide 27: Lapland – Sirkka Extension Claim Group

    LAPLAND – SIRKKA EXTENSION CLAIM GROUP AN AREA OF GROWING INTEREST FROM MAJOR MINING COMPANIES • Gemdale Gold has had first mover NEW advantage in the area of the South East KOBOLD/AURION KEVITSA extension of the Sirkka Shear Zone*** JV Boliden Large scale open pit Approximate location operating Cop

  28. Slide 28: Key Targets Ready for Drilling (Vuollosvaara)

    KEY TARGETS READY FOR DRILLING (VUOLLOSVAARA) +300PPM BASE OF TILL CU CONTOUR ON MAGNETICS S078001 S078002 Magnetic anomaly in quartzite not tested by hole S096001, magnetite VUOLLOSVAARA and grade picking up towards the EoH. > 6 km long NE margin anomaly tested in one place but the S078003 contacts

  29. Slide 29: New Nickel, Gold, Copper Anomalies at Palkisvaara

    NEW NICKEL, GOLD, COPPER ANOMALIES AT PALKISVAARA BRAND NEW FIRST PASS RESULTS FROM A PREVIOUSLY UNEXPLORED AREA Gold vein material assays • Nickel anomalies from near 4.39g/t surface glacial till samples suggest magmatic nickel-copper mineralization may be present Copper in under cover – first ever

  30. Slide 30: Nuotti-Pera Critical Metals Projects

    NUOTTI-PERA CRITICAL METALS PROJECTS NI-CU DISTRICT AGAIN BEING EXPLORED – ACTIVELY PURSUING JV/EARN-IN DISCUSSIONS • Actively pursuing JV discussions; significant funding targeted • In the heart of the Bothnian mining HITURA Closed district in Western Finland : excellent infrastructure – 100 km to

  31. Slide 31: Nuotti – Positive Initial Drilling Results

    NUOTTI – POSITIVE INITIAL DRILLING RESULTS SIMILARITIES TO EARLY EXPLORATION AT SAKATTI Historical drill results* from Nuotti • Early drilling at Sakatti very similar – yes, intrusions are HoleNo_ From_m To_m Interval cu_ppm ni_ppm co_ppm pt_pd_au different ages, but principle is the same. R305 29 3

  32. Slide 32: Low Entry Cost, Strong Team, Primed to Deliver

    LOW ENTRY COST, STRONG TEAM, PRIMED TO DELIVER • A new opportunity to invest in high quality gold and critical metals projects in Finland – Canadian company with operating subsidiaries in Finland, a Tier 1 jurisdiction – 8-year track record of exploration successes as a private company – Now intendi

  33. Slide 33: For Further Inquiries

    For Further Inquiries : PATRICK CHIDLEY DAVID PYM PAUL DURHAM [email protected] [email protected] [email protected] Tel : +1 917 991 7701 Tel: + 44 7931 371869 Tel: +1 203 940 2538 www.gemdalegold.com GEMDALE GOLD INC. 33

  34. Slide 34: Additional Citations

    ADDITIONAL CITATIONS *1 See the following for additional exploration information and context: Gemdale News Release Feb 2 2024 (https://gemdalegold.com/pdf/2024-02-02_NR.pdf) *2 See the following for additional exploration information and context: Gemdale News Release Jan 18 2024 (https://gemdalegold

Gemdale Gold — Investor Presentation (May 2025) on 6ix