Carlin Gold Corporation · TSXV:CGD
Carlin Gold — Investor Presentation (November 2025)
37 slides from Carlin Gold's investor presentation, Nov 11, 2025
Slide 1: Carlin Gold: Exploring Nevada
Carlin Gold Exploring Nevada IVY Willow Cortez Summit Slide notes, when available, can be viewed by hovering over icon at top left CGD:TSXV Carlin Gold Corporation www.carlingold.com
Slide 2: Forward Looking Statements
Forward Looking Statements Forward looking statements: This presentation contains certain “forward-looking information within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (coll
Slide 3: Information Regarding Adjacent Properties
Information Regarding Adjacent Properties This presentation may contain information about the Fourmile, Goldrush and other gold mines or deposits in Nevada on which the Company has no ownership interest (the "Other Properties"). All technical and other information regarding the Other Properties has
Slide 4: Corporate Summary
Corporate Summary 3 wholly-owned quality Nevada properties Cortez Summit property next door to NGM’s 12.7 million oz Goldrush mine and Barrick’s 7.8 million oz Fourmile resource 4 square mile claim block at Cortez Summit is largely underexplored Early-stage Nevada Copper-Gold Project targeti
Slide 5: Team
Team Directors and Officers K. Wayne Livingstone – President /CEO Robert Thomas – VP Exploration Aris Morfopoulos – CFO Robert Culbert – Director Dong Shim - Director Strategic Advisors Cal Everett Craig Roberts Fareed Ahamed CGD:TSXV www.carlingold.com
Slide 6: Why Nevada?
WHY NEVADA? • “Elephant Country” • 6th in world in gold production • +60 + 1 MM oz deposits • Stable, low risk area Source – Nevada Bureau of Mines and Geology CGD:TSXV www.carlingold.com
Slide 7: Nevada Gold Trends
Nevada Gold Trends IVY Willow Cortez Summit 1 million oz gold deposit Carlin-type deposits have produced + 125 MM oz Currently contribute over 80% of oz produced in Nevada CGD:TSXV www.carlingold.com
Slide 8: Cortez Summit
CORTEZ SUMMIT Tw in Creeks Jerritt Canyon Turqoise R idge Goldstrike P inson Gold Quarry Lone Tree M arigold Rain P hoenix Barrick - Fourmile P ipeline Cortez Summit Cortez NGM-Cortez Hills NGM- Goldrush CGD:TSXV www.carlingold.com
Slide 9: Cortez Trend
Cortez Trend Gold Acres-1930s Gold Acres-1930s Pipeline-1996 Cortez-1968 Buckhorn-1984-1991 Cortez-1968 Cortez Summit Buckhorn-1988 Cortez Hills Commenced Production 2009 Cortez Summit Horse Canyon-1984 Horse Canyon-1984 CGD:TSXV www.carlingold.com
Slide 10: Cortez Trend
Cortez Trend Gold Acres-1930s Gold Acres-1930s Pipeline-1996 Cortez-1968 Buckhorn-1984-1991 Cortez-1968 Cortez Summit Buckhorn-1988 Fourmile Cortez Hills Commenced Production 2009 Cortez Summit Horse Canyon-1984 Goldrush Horse Canyon-1984 Cortez Trend 60M oz Au produced/reserves/resources CGD:TSXV w
Slide 11: Cortez Summit Region
Cortez Summit Region Bullion Hill portal (proposed) Cortez Summit Property Cortez Dorothy Fourmile Cortez Hills Goldrush Resource (2024) 14.3 M Oz 2 miles Fourmile Resource (2024) 7.8 M Oz CGD:TSXV www.carlingold.com
Slide 12: Geological Controls
Geological Controls Bullion Hill Portal (proposed) Cortez Summit Property Fourmile Horse Canyon Mine 2 km Goldrush CGD:TSXV www.carlingold.com
Slide 13: Geological Controls
Geological Controls Bullion Hill Portal (proposed) Cortez Summit Property ? ? Mill Canyon Stock - Pre-mineral Intrusive Rock Metamorphic Front NI 43-101 Technical Rpt March ’16 Barrick Sedar Filing Carlin Gold Interpretation ? ? ? Fourmile Horse Canyon Mine 2 km Goldrush CGD:TSXV www.carlingold.com
Slide 14: Geological Controls
Geological Controls Bullion Hill Portal (proposed) Alteration/Geochemistry Cortez Summit Property Barrick 2017 ? ? Mill Canyon Stock - Pre-mineral Intrusive Rock Metamorphic Front NI 43-101 Technical Rpt March ’16 Barrick Sedar Filing Carlin Gold Interpretation ? ? ? Fourmile Horse Canyon Mine 2 km
Slide 15: Geological Controls
Geological Controls Bullion Hill Portal (proposed) Alteration/Geochemistry Cortez Summit Property Barrick 2017 ? ? Mill Canyon Stock - Pre-mineral Intrusive Rock Metamorphic Front NI 43-101 Technical Rpt March ’16 Barrick Sedar Filing Carlin Gold Interpretation ? SV17-1D Dorothy l Altered/Mineralize
Slide 16: Geology
Geology EXPLANATION Tb Basaltic andesite Td Diorite dikes Tg Gravels undivided Tgp Paleozoic clast gravels Tr Rhyolite t Tri Rhyolite intrusive Ji Quartz monzonite RMA Roberts Mtns Allochthon Dhc Horse Canyon Fm Dw Wenban Fm Barrick Alteration/Geochemistry* Dorothy Carlin Primary Target Zone * sourc
Slide 17: Regional Setting
Regional Setting Cortez Summit Property Dorothy 2 km CGD:TSXV www.carlingold.com
Slide 18: Regional Setting
Regional Setting Cortez Summit Property Carlin Gold 0.447 g/t Au rock chip Dorothy Carlin Gold roadcut 50 ft 0.175 g/t rock chip Altered Upper Plate 2 km CGD:TSXV www.carlingold.com
Slide 19: Primary Opportunity
Primary Opportunity Cortez Summit Property SJV 17-01D (green dot) tested Lower Plate down through Goldrush host horizons. Encountered +550 ft of strong alteration in Upper Plate with elevated As, Sb, Hg, Tl and Au to 6.2 g/t Carlin (black dots) drilled 7 shallow RC holes bottoming in Upper Plate Car
Slide 20: Additional Opportunities
Additional Opportunities Cortez Summit Property 25 ft. @ 0.03 opt Au 40 ft. @ 0.054 opt Au Barrick Drill Hole Carlin Gold shallow RC hole Proposed Phase I drill program Mineralized Historic Aspen hole Carlin Gold 0.447 g/t Au rock chip 20ft. @ 0.03 opt Au Carlin Gold roadcut 50 ft 0.175 g/t rock chi
Slide 21: November News - Barrick
November News - Barrick Source: Barrick Q3 2025 Results Presentation CGD:TSXV www.carlingold.com
Slide 22: Cortez Summit Project
Cortez Summit Project Carlin Gold Pipeline Fourmile Resource Cortez Summit Buckhorn Pits 7.8 Moz Nov ‘24 Horse Canyon Pits Post-mineral Aspen Cortez Hills rhyolite Pits Goldrush Drilling Area Volcanic/gravel cover 14.3 Million Oz Resource 2024 Goldrush South View looking North-Northwest CGD:TSXV www
Slide 23: Cortez Summit and Cortez Deposits
Cortez Summit and Cortez Deposits Bullion Hill Portal (proposed) Cortez Hills Pit October 2011 Cortez Mine 1968 View looking East-Southeast CGD:TSXV www.carlingold.com
Slide 24: Cortez Summit Project
Cortez Summit Project Carlin Gold Cortez Summit Buckhorn Pits 447 ppb Au rock chip at edge of post-mineral cover SJV17-01D CS12-2C 50 ft. averaging 175 ppb Au in drill road Goldrush (NGM) in prod Extension Potential Continues off photo Fourmile Resource (Barrick) to Dorothy 7.8 Moz (Nov ’24) Horse C
Slide 25: Nevada Gold Trends
Nevada Gold Trends IVY Willow Long Canyon Cortez Summit 1 million oz gold deposit CGD:TSXV www.carlingold.com
Slide 26: Ivy Copper-Gold Project
Ivy Copper-Gold Project 161 claims in Contact Mining District, Elko County, Nevada. 100% interest subject to mineral royalty. Rock chip sampling indicates widespread but localized copper mineralization in an area 4.3 km long by up to 1.4 km wide. Detailed mapping has identified a 1.6 km long a
Slide 27: IVY Copper-Gold
IVY Copper-Gold Contact ContactCopper Project Copper Project 831 million pound measured/indicated resource www.faradaycopper.com granodiorite stock skarn zones IVY IVY Claims Claims 22miles miles CGD:TSXV www.carlingold.com
Slide 28: IVY Copper-Gold
IVY Copper-Gold CGD:TSXV www.carlingold.com
Slide 29: IVY IP Lines
IVY IP LINES Depth Plan Map Area CGD:TSXV www.carlingold.com
Slide 30: IVY IP Inversion Line 4
IVY IP Inversion Line 4 MSZ Line 4 75m Dipoles 1600 m Elevation CGD:TSXV www.carlingold.com
Slide 31: IVY IP Inversion Line 4
IVY IP Inversion Line 4 MSZ Line 4 200 m Dipoles 1600 m Elevation CGD:TSXV www.carlingold.com
Slide 32: IVY IP Inversion Line 4
IVY IP Inversion Line 4 MSZ Line 4 75 m Dipoles Line 4 200 m Dipoles 1600 m Elevation CGD:TSXV www.carlingold.com
Slide 33: IVY IP Depth Plan 75 m Dipoles
IVY IP DEPTH PLAN 75 m Dipoles 2 3 4 5 75 m Dipole IP 250 m Depth 6 7 MSZ 500 m CGD:TSXV www.carlingold.com
Slide 34: IVY IP Depth Plan 200 m Dipoles
IVY IP DEPTH PLAN 200 m Dipoles 200 m Dipole IP 500 m Depth MSZ 3 4 500 m 5 CGD:TSXV www.carlingold.com
Slide 35: Willow Project
Willow Project • Elevated Au, As in lower plate host rocks • Silicification and Decalcification • Drill Targets Defined • Nearby 42 Ma altered dike Badger Target Roberts Mountain Formation platy limey siltstone Currant Target CGD:TSXV www.carlingold.com
Slide 36: Willow Project
Willow Project Silicification Sanding/decalcification CGD:TSXV www.carlingold.com
Slide 37: Share Structure CGD:TSXV
Carlin Gold Corporation Share Structure (TSX.V: CGD) 19,543,964 issued/outstanding 375 Water Street, Suite 405 Vancouver, British Columbia Canada V6B 5C6 Tel 604-638-1402 Email [email protected] Looking East Towards the Cortez Summit Property www.carlingold.com CGD:TSXV www.carlingold.com