Q-gold Resources Ltd · TSXV:QGR
Q-gold Resources — BMO Global Metals, Mining & Critical Minerals Conference 2026
32 slides from Q-gold Resources's conference presentation, February 2026
Slide 1: Quartz Mountain Gold Project Corporation Presentation
Quartz Mountain Gold Project BMO CORPORATION PRESENTATION February 2026 1
Slide 2: Cautionary Language & Legal Disclaimer
Cautionary Language & Legal Disclaimer TSXV: QGR OTCQB: QGLDF Cautionary Language This presentation has been prepared by Q-Gold Resources Ltd. (“Q-Gold”, "Q-Gold Resources", or the “Company”). This presentation does not constitute, or form part of, any offer or invitation to sell or issue, or any so
Slide 3: Cautionary Language & Legal Disclaimer
Cautionary Language & Legal Disclaimer TSXV: QGR OTCQB: QGLDF Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially diff
Slide 4: Asset Portfolio: North American Gold Platform
Asset Portfolio: North American Gold Platform Gold Projects in the United States and Canada TSXV: QGR OTCQB: QGLDF Quartz Mountain Mine Centre Gold Project Large Open Pit Resource Tremendous Potential Angel’s Camp Canada Exciting Exploration USA Quartz Mountain : Mineral Resource NI 43-101 (2025) Pa
Slide 5: Quartz Mountain: Overview - Location
Quartz Mountain: Overview - Location Advanced Gold Project in Oregon with exploration upside TSXV: QGR OTCQB: QGLDF Mineral Resources: ▪ 1.543 Million Indicated Ounces Gold at 0.96 g/t ▪ 0.148 Million Inferred Ounces Gold at 0.77 g/t ▪ US$ 8 Billion total Gold in situ value*: ▪ 2.049 Million indicat
Slide 6: Mine Centre: Overview and Location
Mine Centre: Overview and Location High-Grade, Past-Producing Gold Camp with Significant Expansion Potential TSXV: QGR OTCQB: QGLDF Mine Centre Red Lake Major gold discoveries Cities Roads 105 Sioux Lookout ▪ Development Project in Mine Centre, Ontario Kenora 72 ONTARIO Dryden ▪ Exploration program
Slide 7: QGold Milestones 2025
QGold Milestones 2025 : Key Achievements Driving QGold’s Strategic Positioning for 2026 TSXV: QGR OTCQB: QGLDF ▪ Successful Financing with BMO: $11.5 Million ▪ Acquisition of Quartz Mountain Project from Alamos Gold ▪ New 43-101 Mineral Resource : 1.7 million Oz at 0.96 g/t ▪ PEA initiated with Kapp
Slide 8: QGold Recent Developments 2026
QGold Recent Developments 2026 : Key Achievements Driving QGold’s Strategic Positioning for 2026 TSXV: QGR OTCQB: QGLDF The Federal Government of the United States issued a Record of Decision (“ROD”) signed by Oregon Bureau of Land Management (BLM) represents the culmination of the Federal Environme
Slide 9: Corporate Overview: Share Structure
Corporate Overview: Share Structure TSXV: QGR OTCQB: QGLDF KEY INSTITUTIONAL SHAREHOLDERS Common shares outstanding 158,152,545 Institutional Shareholders 52 % Libra Investments 13% Options o/s Franklin Gold Fund 9% (ex. price range: $0.07-$0.26) 14,650,000 ASA Gold Fund 8% Brasil Warrant LLC 6% War
Slide 10: Quartz Mountain Gold Project
Quartz Mountain Gold Project TSXV: QGR OTCQB: QGLDF Location: Oregon, United States Stage: Pre-Development Stage Commodity: Gold / Silver Mineral Resource: NI 43-101 (2025) 10
Slide 11: Quartz Mountain: Mineral Resources NI 43-101 (2025)
Quartz Mountain: Mineral Resources NI 43-101 (2025) Advanced Gold project in Oregon with exploration upside at Angel's Camp TSXV: QGR OTCQB: QGLDF Quartz Mountain Gold Project Mineral Resources (2025) Category Tonnes Silver Grade Contained Silver Gold Grade Contained Gold Measured Indicated 50,002,0
Slide 12: Quartz Mountain: Property Claims
Quartz Mountain: Property Claims Quartz Mountain and Angel's Camp TSXV: QGR OTCQB: QGLDF Surface managed by US Forest Service (USFS) and mineral rights by the Bureau of Land Management (BLM) Quartz Mountain Quartz Mountain property (Blue) Angel’s Camp ▪ Near surface Mineral Resource estimates at Cro
Slide 13: Quartz Mountain: Mining Claims and Drill Density
Quartz Mountain: Mining Claims and Drill Density Crone Hill and Quartz Butte TSXV: QGR OTCQB: QGLDF Crone Hill Quartz Butte Angel’s Camp 13
Slide 14: Quartz Mountain: Block Model
Quartz Mountain: Block Model Crone Hill and Quartz Butte TSXV: QGR OTCQB: QGLDF 14
Slide 15: Quartz Mountain: Block Model
Quartz Mountain: Block Model Crone Hill and Quartz Butte TSXV: QGR OTCQB: QGLDF 15
Slide 16: Block Model Crone Hill
Block Model Crone Hill Crone Hill: Easy Mining Profile and Low Strip Ratio TSXV: QGR OTCQB: QGLDF The block model cross sections show color coded block and drill hole composite gold grades, the base of oxidation surface and the conceptual pit that was used to define NI 43-101 Mineral Resource Estima
Slide 17: Block Model Quartz Butte
Block Model Quartz Butte Quartz Butte: Easy Mining Profile and Low Strip Ratio TSXV: QGR OTCQB: QGLDF The block model cross sections show color coded block and drill hole composite gold grades. Red line shows the base of oxidation surface and the conceptual pit that was used to define Mineral Resour
Slide 18: Quartz Mountain Gold Project: Peer Comparison
Quartz Mountain Gold Project: Peer Comparison Quartz Mountain Gold Project shows Good Grade / Easy Mining and Low Strip Ratio TSXV: QGR OTCQB: QGLDF Mine Location Open Pit Grade ( oz. / t Gold ) Stripping Ration (Waste : Ore) Quartz Mountain Gold Oregon / USA 0.034 oz. / t ( 0.96 g/t) 0.6 : 1 0.035
Slide 19: Peer EV Comparables Compelling Valuation Opportunity
Peer EV Comparables Compelling Valuation Opportunity Undervalued Relative to Resource Scale and Development Stage TSXV: QGR OTCQB: QGLDF Enterprise Value / Resource (US$ / oz Au Eq.) 350 300 250 200 150 286 296 100 174 181 50 71 75 84 84 6 45 45 59 30 30 35 0 7 10 10 16 17 Source Data from BMO Capit
Slide 20: Angel's Camp Gold Project
Angel’s Camp Gold Project TSXV: QGR OTCQB: QGLDF Location: Oregon, United States Stage: Pre Development Stage Commodity: Gold / Silver Mineral Resource: High Grade Gold 20
Slide 21: Quartz Mountain: Drill Location and Drill Density
Quartz Mountain: Drill Location and Drill Density Angel’s Camp Location compared to Crone Hill and Quartz Butte TSXV: QGR OTCQB: QGLDF 21
Slide 22: Angel's Camp Alamos Gold Geological Model
Angel’s Camp Alamos Gold Geological Model TSXV: QGR OTCQB: QGLDF Angel's Camp Drill highlights at Angel's Peak 67.44 g/t Au over 4.18 m 11.0 g/t Au over 13.7 m 160.5 g/t Au over 1.5 m 59.5 g/t Au and 1020 g/t Ag over 1.7m Most drilling shallower than 100 m 22
Slide 23: Quartz Mountain Project: Angels Camp Opportunity
Quartz Mountain Project: Angels Camp Opportunity Angel's Camp Geochemical Anomalies TSXV: QGR OTCQB: QGLDF ▪ Additional targets are soil anomalies in the red circles 23
Slide 24: Quartz Mountain: Site Access and Drill Roads
Quartz Mountain: Site Access and Drill Roads TSXV: QGR OTCQB: QGLDF 24
Slide 25: Quartz Mountain: Site Exploration Warehouse
Quartz Mountain: Site Exploration Warehouse TSXV: QGR OTCQB: QGLDF 25
Slide 26: Mine Centre Project
Mine Centre Project TSXV: QGR OTCQB: QGLDF Location: Ontario, Canada Ownership: 100% Stage: Advanced Exploration Commodity: Gold & Silver 26
Slide 27: Mine Centre: Overview and Location
Mine Centre: Overview and Location High-Grade, Past-Producing Gold Camp with Significant Expansion Potential TSXV: QGR OTCQB: QGLDF Mine Centre Red Lake Major gold discoveries Cities Roads 105 Sioux Lookout ▪ Development Project in Mine Centre, Ontario Kenora 72 ON Dryden ▪ Exploration program along
Slide 28: Mine Centre Gold and Silver-bearing Quartz veins
Mine Centre Gold and Silver-bearing Quartz veins High-Grade, Past Producing Gold Camp with Prospective Open Pit Potential TSXV: QGR OTCQB: QGLDF Location of the auriferous veins on the Mine Centre property (left), and zoomed into to Foley Mine (right) From: Arnold, J. 2024: NI 43-101 TECHNICAL REPOR
Slide 29: Mine Centre: Drilling Highlights
Mine Centre: Drilling Highlights Recent & Historical Intersections TSXV: QGR OTCQB: QGLDF ▪ The recently drilled 6 holes around Foley Mine intersected veins with visible gold. (See PR July 14, 2025) Assays pending. ▪ Previous diamond drilling between 2005 and 2012 established the Foley Gold Mine as
Slide 30: 2026 Exploration Program for Mine Centre
Mine Centre Gold and Silver-bearing Quartz veins 2026 Exploration Program for Mine Centre TSXV: QGR OTCQB: QGLDF ▪ Utilize LIDAR survey and field mapping to detect all outcropping quartz veins. LIDAR Survey Visible Veins Foley ▪ Update existing 3D model in Leapfrog. ▪ Sample these veins and plot ass
Slide 31: QGold Summary Outlook for 2026
QGold Summery Outlook for 2026 : Key Activities Planned for Qgold in 2026 TSXV: QGR OTCQB: QGLDF QUARTZ MOUNTAIN: ▪ Completion of the Preliminary Economic Assessment (PEA) ▪ Initial exploration Permits at Quartz Mountain ▪ Initiate Exploration Activities at Angel’s Camp ▪ Initiate Exploration Activi
Slide 32: Contact Information
Contact Information TSXV: QGR OTCQB: QGLDF QGold Resources Ltd. 198 Davenport Road Toronto ON Peter Tagliamonte Chief Executive Officer pwt@qgoldresources.com +1 (416) 564 2880 info@qgoldresources.com www.QGoldresources.com TSXV: QGR OTCQB: QGLDF FRNK: QX9G 33
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