Elevation Gold Mining Corporation · OTC:EVGDQ

Elevation Gold Mining — Northern Vertex Mining — Investor Presentation (January 2018)

24 slides from Elevation Gold Mining's investor presentation, Jan 18, 2018

  1. Slide 1: The Next Producing Gold Mine in the USA

    THE NEXT PRODUCING GOLD MINE IN THE USA Moss Gold-Silver Mine l NW Arizona TSX.V: NEE I OTC - Nasdaq Intl.: NHVCF LOW COST  OPEN PIT  HEAP LEACH TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements In the interest of providing current and potential shareholders with information regarding the Company’s plans and future operations, certain statements and graphics in this presentation contain “forward looking statements.” Such forward looking statements involve risk and

  3. Slide 3: Key Take-Aways

    Key Take-Aways “The Next Producing Gold Mine in the USA” Financially De-Risked • Strong Financial Partners Technically De-Risked • Pilot production in 2013 produced 4,000 gold, 20,000 silver Robust Economics • 63% IRR (after tax); 133M NPV First Gold Pour • Scheduled for Q1 2018 Blue-Sky Exploration

  4. Slide 4: Capital Structure

    Capital Structure (as of December 22, 2017 ) Exchange Listings TSX.V: NEE I OTC Nasdaq Intl.: NHVCF Common Shares O/S 174.88 million Year Trading Range $0.395 - $0.70 Daily Average Volume 93,8316 shares /day (based on last 3 months) Market Capitalization C$101.44 million (as at C$0.58 on Jan. 18, 20

  5. Slide 5: Key Management Team

    Key Management Team TECHNICAL FINANCE COMMITTEE M&A OPERATIONS Ken Berry (B. Comm.), CEO & Chairman Gordon D. Ulrich (M.B.A., P.Eng), Director Co-founder of Northern Vertex Mining Formerly President and CEO of Luscar Ltd., Corp. & Kootenay Silver Inc. (coal, oil and gas) Michael Haworth, Director Jo

  6. Slide 6: Corporate Milestones

    Corporate Milestones “Ability to Execute”  Moss Option Agreement  100% interest in Moss Mine  Mine Extension   Operating Team   475 Confirmation Drill Holes  US$20M Sprott Facility  Blue-sky Exploration  43-101 Resource Report  Final Permits Received  First Gold Pour  Pilot Plant Produc

  7. Slide 7: Excellent Jurisdiction, NW Arizona

    Excellent Jurisdiction, NW Arizona Adjacent to Work Force and Infrastructure 7 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  8. Slide 8: Moss Mine Gold-Silver Geology

    Moss Mine Gold-Silver Geology • Uncomplicated Geology • Gold-silver stock-work, brecciated, low sulphidation, epithermal vein system • Outcrops at surface for 1,500 metres W E E 8 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  9. Slide 9: Mineral Resources and Reserves

    Mineral Resources and Reserves at 0.25 Gold g/t Cut-Off Tonnes Au Ag Au Ag Au Eq Au Eq Resource Category (g/t) (g/t) (oz) (oz) (g/t) (oz) Measured 4,860,000 0.97 10.4 152,000 1,630,000 1.10 172,000 Indicated 10,620,000 0.66 8.7 225,000 2,980,000 0.77 263,000 Measured & Indicated 15,480,000 0.76 9.3

  10. Slide 10: Pilot Plant Technically De-Risked Production

    Pilot Plant Technically De-Risked Production Produced 4,000oz Gold & 20,000oz Silver Pilot Plant Results: • Final Gold Recoveries 82% gold to dore • Physical & chemical aspects validated • Cone crushing successfully utilized • Geotechnical results confirmed design 10 TSX.V: NEE I OTC - NASDAQ INTL.:

  11. Slide 11: 2017 PEA Highlights

    2017 PEA Highlights Base Case at US$1,250oz Gold Annual Production Mine Life Extension PEA (5,500t/d) Mine Life 10 years Strip Ratio 1.85 : 1 Average Gold Equivalent (“AuEq”) grade* 0.83 grams per tonne Recoveries to Doré Gold 82%; Silver 65% Gold Equivalent Ounces/yr 45,000 oz/yr Initial Capital Co

  12. Slide 12: Peer Comparisons: AISC and IRR

    Peer Comparisons AISC – Peer Developers and Producers $1,000.00 2017 AISC (US$/oz) $800.00 $600.00 $400.00 $200.00 $0.00 Alio Gold Northern Atlantic Gold West Kirkland Pershing Gold Rye Patch Klondex Argonaut Gold Vertex IRR% after tax 100.0% 85.0% 80.0% 63.0% IRR % 60.0% 43.0% 34.0% 34.4% 34.9% 38.

  13. Slide 13: Mine Optimization - Powerline; Aggregate Sales

    Mine Optimization - Powerline; Aggregate Sales Significant Boosts Operational After-Tax Savings IRR Aggregate Supply Roadway Maintained Sale of Improved Waste Rock Infrastructure Job Creation Reduced Emissions 13 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  14. Slide 14: Construction Update – All Equipment Onsite

    Construction Update – All Equipment Onsite First Pour Anticipated in Q1 2018 14 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  15. Slide 15: Merrill Crowe Facility

    Merrill Crowe Facility 15 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  16. Slide 16: Award Winning Exploration Team

    Award Winning Exploration Team “Target 1M+ oz Gold Silver Resource at Moss” Bud Hillemeyer & Perry Durning - Multi Million Oz Discoveries… • San Sebastian Gold/Silver Mine - 70M Silver EqOz (production) • San Agustin Gold Mine - 850K oz Gold and 28.26Moz Silver (production) • Pitarrilla Silver Depos

  17. Slide 17: Oatman District Offers Multiple Targets for Satellite Deposits

    Oatman District Offers Multiple Targets for Satellite Deposits & New Discoveries • Oatman District produced more than 2.5Moz gold • Untested drill ready targets (High-grade & Bulk tonnage) • Moss has 1500m strike with 3kms untested strike and dip potential • 200+ Historic showings across Moss • Unit

  18. Slide 18: Blue-sky Exploration - Oatman District

    Blue-sky Exploration - Oatman District Target #3 Target #4 Target #1 Target #2 18 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  19. Slide 19: Social License to Operate

    Social License to Operate Official Opening/Ribbon Relocation of Cutting Ceremony of Moss the Moss Mine Mine Reactivation Project Historical Pilot Plant, Bullhead City, AZ Headframe August 14, 2013 (Left side) Honorable Janice K. Brewer, Arizona Governor Northern Vertex, through its US subsidiary, Go

  20. Slide 20: Outlook Gold Equities

    Outlook Gold Equities Major corrections of gold equities since 1939 (Barron Gold Mines, XAU, HUI) Over the past 78 years all major gold equity corrections ended between -67% to -84% Sources: Barron, Bloomberg 20 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  21. Slide 21: Outlook Gold Equities

    Outlook Gold Equities …and what happened after these sharp corrections? During structural bull markets, gold equities rose by over 500% (320% to 1’337%), while they rebounded by about 170% during structural bear phases (153% to 205%) Sources: Barron, Bloomberg, last data point: September 25th, 2017

  22. Slide 22: Mine Development Cycle and NEE Share Performance

    Mine Development Cycle and NEE Share Performance 22 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

  23. Slide 23: Northern Vertex Highlights

    Northern Vertex Highlights Financially and Technically De-risked Robust Economics 63% IRR (after tax); US$133M NPV First Gold Pour In Q1 2018 Blue-Sky Exploration Targeting 1M+ Oz Gold Positioned for US Consolidation “Next Producing Gold Mine in the USA” 23 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I N

  24. Slide 24: Contact Us

    Contact Us 1055 West Hastings Street, Suite 1820 Vancouver BC V6E 2E9 Canada Tel: (604) 601-3656 Fax: (604) 683-2249 Toll free: (855) 633-8798 E-Mail: info@northernvertex.com Website: www.northernvertex.com 24 TSX.V: NEE I OTC - NASDAQ INTL.: NHVCF I NORTHERNVERTEX.COM I JANUARY 2018

Northern Vertex Mining — Investor Presentation (January 2018) on 6ix