Galantas Gold Corporation · TSXV:GAL

Galantas Gold — Investor Presentation (September 2021)

22 slides from Galantas Gold's investor presentation, September 2021

  1. Slide 1: Galantas Gold: Exploring and Mining Irish Gold

    GALANTAS GOLD EXPLORING AND MINING IRISH GOLD TSX.V & AIM: GAL, OTCQX: GALKF | SEPTEMBER 2021

  2. Slide 2: Cautionary statement

    Cautionary statement Neither the contents of this presentation nor these slides, nor any part thereof have been approved by any person authorised pursuant to section 21 Financial Services and Markets Act 2000 (“FSMA”) in the UK nor Regulated by the Financial Supervision Commission (FSC) in The Isle

  3. Slide 3: Galantas Gold Corporation's Omagh Project

    Galantas Gold Corporation’s Omagh Project IRELAND’S GOLD MINE READY FOR EXPANSION OF PRODUCTION AND RESOURCE OPERATIONAL EXCELLENCE. SUPPORTIVE Fully-permitted mine meets SHAREHOLDERS. environmental standards, Ross Beaty, Roland Phelps monitored with detailed (former CEO), Melquart studies by the No

  4. Slide 4: Overview of the Omagh Project

    Overview of the Omagh Project • Galantas Gold Corporation is listed on the TSX Venture and AIM Dalradian Gold exchanges under symbol GAL, and on the OTCQX under symbol Curraginalt Deposit GALKF. Omagh • Galantas owns and operates the fully permitted Cavanacaw project mine near Omagh, County Tyrone,

  5. Slide 5: Near-term production

    Near-term production • Fully permitted operation. • Over 2km of underground development. • Mill producing a high-grade gold concentrate with plans for staged expansion. • Planning permission received for further mill expansion expected to be completed in next 24 months. • Significant exploration pot

  6. Slide 6: Mineral processing

    Mineral processing • The open pit operated from 2006 to 2012 and the ore was processed in the onsite flotation processing plant. • The plant was mothballed following the closure of the pit in 2012. Now fully operational following an initial processing program in 2017, capable of expansion in stages.

  7. Slide 7: 2014 NI 43-101, CIM/PERC-Compliant Resource Estimate

    2014 NI 43-101, CIM/PERC-Compliant Resource Estimate 71% OF DRILL HOLES DIRECTED AT THE TWO MAIN VEINS MEASURED INDICATED INFERRED Contained Contained Gold grade Gold grade Gold grade Contained gold Tonnes gold Tonnes gold Tonnes (grams/tonne) (grams/tonne) (grams/tonne) (ounces) (ounces) (ounces) K

  8. Slide 8: Mine development underway

    Mine development underway 3D view showing planned mine access and mine • Planning permit for underground development development granted in 2015. • Underground development began in March 2017. Approx. 2,000 metres of underground development completed and 5 levels accessed. • Waste development consis

  9. Slide 9: Mine development underway

    Mine development underway • The mine has two 1,000mm fans and one 800m fan for ventilation. • The mine has a newly upgraded electrical system catering for 1,000-volt and 415-volt equipment. • The water reticulation system is being upgraded. • Compressed air is in place throughout the mine. • Systems

  10. Slide 10: Zones of enhanced width and grade found in detailed mapping

    Zones of enhanced width and grade found in detailed mapping and sampling of development drives Plan map for each mine level showing width of mineralization. Source: Galantas’ “Controls On Mineralisation At The Galantas Gold Mine”, April 20, 2020. 10

  11. Slide 11: Caledonian - Appalachian Belt

    Caledonian - Appalachian Belt HOST TO LARGE GOLD DEPOSITS • Major fault lines associated with the closure of the Iapetus Ocean can be found on both sides of the Atlantic Ocean from the Appalachians, Newfoundland through the Island of Ireland, Scotland OMAGH PROJECT and Norway. • The major fault line

  12. Slide 12: Regional area is underexplored

    Regional area is Scotgold underexplored Permitted Gold Cononish Conroy Base Metals Gold exploration Salt Mine METAL PROJECTS IN Dalradian Gold’s IRELAND & THE UK Curraghinalt Gold Underground Deposit Salt Mine Cavanacaw Clontibret Boliden In production Croagh Patrick Tara Parys Mountain Anglo Americ

  13. Slide 13: Multiple targets for resource expansion

    Multiple targets for resource expansion • Dalradian lithologies composed of metamorphosed siltstones and sandstones, with mineralization linked to the occurrence of major faults. Steeply dipping quartz veins are present, mostly on a north-south orientation, which carry more than one phase of mineral

  14. Slide 14: Multiple targets for resource expansion

    Multiple targets for resource expansion Potential grade range Target name No Central grid ref. Potential tonnes range (t) (g/t Au) Resource extension targets Low High Low High Kearney 31 H401/710 300,000 745,500 4.5 6.7 Joshua 32 H3970/7072 272,000 750,000 4.0 5.5 Elkins 35 H4061/7130 200,000 400,00

  15. Slide 15: Targets relative to main Kearney and Joshua veins

    Targets relative to main Kearney and Joshua veins 15

  16. Slide 16: District-scale exploration

    District-scale exploration • 548.9km2 package with numerous exposed mineralized gold veins. • 71% of drilling focused on the Kearney and Joshua veins with 830-metre strike open along strike and to depth with the best hole drilled in 2015 (last drill program) of 21.6m at 9.9 g/t Au (TW 13m) at a vert

  17. Slide 17: Senior operating team

    Senior operating team MARIO STIFANO, CEO SARAH COULTER, CHIEF GEOLOGIST 20 years of experience in the mining industry having raised 10 years of experience as a Senior Geologist. Obtained MSc over $750 million. Former CFO of Lake Shore Gold and was a from University of London and PhD from Queen’s Uni

  18. Slide 18: Advisory board

    Advisory board TONY MAKUCH TIM WARMAN President and Chief Executive Officer of Kirkland Lake Gold Inc. Professional geologist with over 25 years of experience in all Former President and Chief Executive Officer at Lake Shore phases of mineral exploration, from grassroots exploration to Gold Inc. fro

  19. Slide 19: Corporate responsibility

    Corporate responsibility SAFE PROCESSING. Ore is CLEAN AIR & WATER. CLEAN TAILINGS & SAFE NOISE. Landscaped noise processed without the use Groundwaters and surface STORAGE. The tailings protection berms have of mercury or cyanide. The waters from the mine site meet the definition of been constructe

  20. Slide 20: Capital structure

    Capital structure TSX-V & AIM: GAL Ticker symbol OTCQX: GALKF Shares 73.27M outstanding Market cap C$47M Public float 37M Melquart Limited – 31.5% Eric Sprott – 8.6% Top Roland Phelps (previous CEO) – 7.0% shareholders Premier Miton Investors – 6.6% Mike Gentile – 5.5% Ross Beaty – 5.1% As at Septem

  21. Slide 21: Peer Company Comparison

    Peer Company Comparison Market cap as at Aug 27, 2021 Company (CAD$) New Found Gold (Queensway Project) 1.35B Marathon Gold (Valentine Project) 717M Dalradian Resources (Curraghinalt Project) – Acquired (1) 537M Labrador Gold (Kingsway Project) 160M Scotgold Resources (Cononish Project) (2) 63M Expl

  22. Slide 22: Contact Us

    CONTACT US! MARIO STIFANO Chief Executive Officer Email: info@galantas.com Telephone: +44 (0) 2882 241100 Website: www.galantas.com

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