Contact Gold — Investor Presentation (January 2023)
19 slides from Contact Gold's investor presentation, January 2023
Slide 1: Gold Exploration in Nevada
ey sa } ly Located Gold Exploration in Névad
Slide 2: Cautionary Statement
Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION Certain information se forthin this presentation contains “forvard looking statements” and forward-looking information” within the meaning of applicable Canadian securitieslegslation (referred tohereinas forward looking
Slide 3: Nevada: One of the Best Mining Jurisdictions
G Nevada: One of the Best 8 age = | SOUTH RAILROAD | Global Scale Gold Production: . “6 =a | 7 8 —_ + Recorded Nevada Gold production 224.0 million ounces | - | | Ca N + 77% of US gold production: 4.47 million ounces in 2021 2 Ren > capNouAN | + #5 Global gold producer TAN MINE EALBRE a a gold produ
Slide 4: Strategic Oxide Gold Assets on Nevada's Major Trends
G Strategic Oxide Gold Assets Nevada’s Major Trends Nevada Focused: * Green Springs and Pony Creek are established oxide, Carlin type gold projects located on Nevada’s most prolific gold trends Lead by a team with track record of global discoveries, M&A, and shareholder value creation Green Springs:
Slide 5: Green Springs
G GREEN SPRINGS High Grade Oxade Gold? , Established oxidized Carlin Type gold system on + 2021 discoveries by Contact Gold Hil + Large scale un-drilled exploration Mode uthern Cortez Trend: , s outstanding growth potential . X SS property + Significant opportunities to expand yi mineralized areas +
Slide 6: US$10 Million Earn-In announced December 9, 2022
$10 Million USD Earn-In announced on December 9, 2022 + Centerra to earn a 70% interest in Green Springs upon com > $imi + Contact Gold to be project operator during : ion USD in cumulative annual payments to + Allows for a significant increase in explora’ + Partnership with globally recognized of G
Slide 7: Green Springs
G GREEN SPRINGS Mine Trend (MT) — 3km of Oxide intercepts of near-surface, oxide gold with wide intervals of +2 g/t Au over +20 + Pilot Shale target: Next host horizon b of untested strike length + B-C Gap: 0.7 g/t Au over 16.76m + High confidence step out drilling + Open to the south - 1.5 km of po
Slide 8: Drilling focused on stepping out from X-Ray and Tango oxide gold discoveries
t Drilling focused on stepping out from the X-Ray and Tango oxide'gold discoveries All zones remain open for expansion ee hee is 2 ee 2022 1 SODy By 5 follow up drill holes completed June 2022: : Z & + 1.95 g/t Au over 41.15 metres + 1.66 g/t Au over 28.96 metres a3 + 0.82 g/t Au over 35.05 metres 3
Slide 9: X-Ray Cross Section Looking Northeast
G X-Ray Cross Section Looking Northeast Pilot Shale 0.82 g/t Au over 35.05m Incl. 1.32 git over 16.76m 1.28 g/t over 39.62m (2021) 1.66 g/t Au over 28.96m Incl. 2.66 g/t over 15.24m
Slide 10: Green Springs: High Grade Oxide Gold
C7 High Grade Oxide Gold * Centerra Earn-In: + US$ 10 M expenditures over 4 years * US$ 1\Min cash payments to Contact Gold + Contact to be project manager and collect a management fee + Allows for a significant ramp up of exploration activities across Green Springs + Established high grade, outcrop
Slide 11: Pony Creek
For further information about the mineral resource estimate see the Technical Report, as filed on SEDAR hd Gold Hosts an extensive Carlin-type gold system with numerous oxide gold discoveries and i Dixie Flats resources t te Maiden resource estimate : 433,000 Inferred pit constrained gold ounces ero
Slide 12: Pony Creek zones and targets map
JASPEROID WASH MUSTANG TARGET: UNDRILLED - z 7 STALLION N: 2 3 63,000 OZ AU @ 0.27 G/T AU ee : BOWL ZONE: =e PALOMINO = : = 340,000 OZ AU @ 0.63 G/T AU & TARGET 3 < paar < Figs Se xs
Slide 13: Pony Creek Maiden Resource Estimate
• • • • • • • • • • Cutoff Short Tons* Tonnes* Avg Grade Avg Grade Contained Class** Zone Grade (2,000 lbs) (1000 kg) (ozt/st) (g/t) Ounces* * Bowl Zone Mixed** 18,457,000 16,744,000 0.018 0.63 340,000 Inferred Appaloosa Mixed** 2,059,000 1,868,000 0.015 0.50 30,000 Inferred Stallion Mixed** 7,834,0
Slide 14: Exploration drilling on new targets
exploration drilling on new targets 25,960m in 118 holes completed [Bo Son + 108 of 118 holes have hit significant gold Highlight Intervals - Contact Gold: + 2.42 g/t over 35.05 metres, including 2.51 g/t Au over 47.24 metres 1.00 g/t Au over 92.97 metres 2.12 git Au over 22.86 metres + Allzones ope
Slide 15: Pony Creek
G PONY CREEK Large-scale, near surface, resource stage Carlin Type gold system with compelling resource growth and discovery opportunities: * The large scale Mustang and Elliot Dome exploration targets offer excellent potential for new discoveries + Resource expansion focus on near surface oxide opp
Slide 16: Leadership Team
Leadership Team MANAGEMENT BOARD OF DIRECTORS MATTHEW LENNOX-KING — DIRECTOR, PRESIDENT & CEO JOHN DORWARD - CHAIRMAN 20+ years of exploration experience (> * Former President & CEO of Roxgold Inc; sold to Fortuna + Former CEO of Liberty Gold 5 Iver in 2021 for $884M + Senior Geologist at Fronteer G
Slide 17: Financial Overview
Financial Overview CAPITAL STRUCTURE SHAREHOLDERS Share Price (Last Close Price)” C$ $0.03 US$ $0.02 Shares Outstanding 301.3 301.3 Cash C$M $0.5 US$M $0.4 Warrants (Total) M 30 M 30 Options M 104 M 10.4 RSUs & DSUs 4.25 4.25 Warrant Details: + 30M: Strike $0.075, Nov. 25,2023 expiry ANALYSTS Geordi
Slide 18: Strategic Nevada Gold Sponsor
Strategic Nevada) Gold sPorssouo Centerra Earn-In Agreement on Green Springs allows for increased exploration spend at Green Springs and allocation of additional capital to Pony Creek Green Springs — Established high grade, outcropping and oxidized Carlin type gold system + Exceptional grades and th
Slide 19: Contact and Follow Us