C R E A T I N G A L E AD I N G C AN AD I AN G OL D D E VE L OP E R T S X FF O T C Q X FFM G F F R AN K F U R T FM G www f i r s t m i n i n g g o l d c o m 1 B a s ed on t he t e ch n i ca l re p o r t ti tl e d U pda t e d M in e r a l R e s o ur c e E s t i m a te fo r t he Gol i a t h G o ld P r o jec t K e no r a M i ni ng D i v is io n No r t h we s t e r n On t a r i o w it h an ef f ec t i v e d at e of J ul y 1 20 19 whi c h wa s pr e pa r e d fo r Tre a s u ry M e ta l s by P E M i ni ng C o ns ul t a nt s I nc in a cco r d a n ce wi t h NI 43 101 a nd whi c h is a v a ila b le unde r Tre a s u ry M e ta l s SE DA R p r o f ile at www s e da r c om 2 B a s ed on t he t e ch n i ca l r e po r t t it le d T e c hni c a l R e po r t a nd R e s o ur c e E s t i m a ti o n U pda t e G o l d l und Gol d P r o jec t S i o ux L oo k ou t On t a r i o w i th an ef f ec t i v e da t e of M a rc h 15 2019 wh i c h wa s pr e pa r e d fo r F ir s t M i ni ng by WS P C a na da I nc in a cco r d a n ce wi t h NI 43 101 a nd whi c h is a v a ila b le unde r F ir s t M in in g s SE DA R p r o f ile at www s e da r c om O N T A RI O T h u n d e r B a y To r o n to O tta wa Go lia t h 50 k m 2 O pe n P i t U nde r g r o und 1 Me a s u r e d I n d i ca t e d 1 2 3 M o z 2 3 6 g t A u E q I n fer r ed 0 2 3 M o z 3 5 1 g t A u E q Go ld lu n d 280 k m 2 O pe n P i t 2 Indic at e d 0 8 1 M o z 1 9 3 g t A u I n fer r ed 0 8 8 M o z 1 4 9 g t A u C on s ol i d a t i on o f t w o ad jac e n t ad v an c e d g o l d as s e t s al l o w i n g f o r co d ev el o p m en t o p p o r t u n i t i es i n an i n f r a s tr u c tu r e r i ch a r e a o f n o rth w e s t e rn On t a rio T r e as u r y s G o l i a t h g o l d p r o je c t h as r e c e i v e d e n vi r o n me n t a l a s s e s s me n t a p p r o v a l b y t h e G o v e r n me n t o f C an ad a S o l i d i f i e s t h e G o l i a t h G o l d l u n d p r o je c t as a d i s tr i c t s c a l e a d v a n c e d s t a g e g o ld a sse t in C a n a d a w i t h a c o mb i n e d 2 0 m i l l i o n o u n c es o f g o l d i n t h e M e as u r e d In d i c a t e d r eso ur c e c a t eg o r i es a nd 11 mi l l i o n o u n c e s o f g o l d i n t he I n f er r ed r eso ur c e c a t eg o r y 1 2 H i g h p r o b ab i l i t y o f o pe r a t i o n a l s y ne r g i e s w i t h t h e G o l i a t h G o l d l u n d d e p o s i t s l o c a t e d o n l y 2 5 k m ap ar t 2 k m d i s t an c e b e t w e e n b o u n d ar i e s S t r o ng r e s o ur c e e x pa ns i o n po t e n t i a l f r o m e x p l o r a t i o n al o n g a c o mb i n e d 6 5 k m s t r i k e l e n g t h w i t h i n a 330 k m 2 c o mb i n e d l an d p ac k ag e T r a n s f o r ma ti v e e n h an c i n g i n v e s t o r vi s i b i l i t y an d p o s i t i o n i n g amo n g s t p e e r s J u l y 2020 17