Investor Presentation March 2021 TSXV: BIG Cautionary Notes

Forward-Looking Information This Presentation contains "forward-looking information" within the meaning of applicable Canadian securities laws ("forward-looking statements"), concerning the business, operations and financial performance and condition of the Company. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this Presentation. Generally, any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will be taken”, “occur” or “be achieved”) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are not guarantees of future performance and are based on the opinions, estimates and assumptions of management as of the date such statements are made, which management believes to be reasonable, including without limitation, regarding: the commencement of operations at the Hot Springs Property; estimates of potential quantity, grade, and metal and mineral content at the Hot Springs Property, Bald Eagle's assessment of the reliability and relevance of the historical drill results; the completion of the drilling program funding payments by Bald Eagle; the ability of the joint venture to operate the exploration and development programs for the Hot Springs Property; the anticipated timing of the phases exploration work; future prices of gold and other metals; currency exchange rates; no material changes to existing tax treatment; performance of contractual obligations by counterparties; financial viability of third party owners and operators; financial projections and budgets anticipated costs and expenditures; many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, conditions, level of activity, performance or achievements of Bald Eagle to be materially different from those expressed or implied by such forward-looking statements, including, without limitation: the impact of global supply chain and financial market disruptions as a result of the ongoing COVID-19 crisis; additional financing requirements; delays in, or inability to achieve, planned commercial production; exploration, development and mining risks and the inherently dangerous nature of the mining industry, including environmental hazards, industrial accidents, unusual or unexpected formations, safety stoppages (whether voluntary or regulatory), pressures, mine collapses, cave-ins or flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes or disruptions in the securities markets; fluctuation in the price of gold and base metals and future commodity prices; price volatility of our securities; risks from the need for additional capital and the Company's ability to raise additional funds; adequacy of financial resources; the introduction of new taxes or changes in tax laws and interpretations; risks related to political and economic instability in the United States; the results of current exploration, development and mining activities, land title issues and risks, environmental risks and laws, dependence on key personnel, accidents, labor disputes, future consensus, and additional risk factors discussed in this Presentation. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of the corporation, or industry results, may vary materially from those described in this Presentation. Furthermore, the recent world-wide pandemic relating to the Covid-19 virus has had a material and adverse affect on the world economy. The future impact of this outbreak is highly uncertain and cannot be predicted and there is no assurance that the outbreak will not have a material adverse impact on the future results of Bald Eagle. Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. Except as expressly required by applicable Canadian securities law, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. All forward-looking statements in this presentation are qualified by these cautionary statements.

The information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America or to or for the benefit of any US Person as such term is defined under the United States Securities Act of 1933, as amended.

Future Oriented Financial Information To the extent any forward-looking information in this Presentation constitutes "future-oriented financial information" or "financial outlooks" within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market access and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out above. Our actual financial position and results of operations may differ materially from management's current expectations and, as a result, our revenue and profitability may differ materially from the revenue and profitability profiles provided in this Presentation. Such information is presented for illustrative purposes only and may not be an indication of our actual financial position or results of operations.

Market and Industry Data This Presentation includes market and industry data and forecasts that were obtained from third-party sources, industry publications and publicly available information. Third-party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of included information. Although management believes it to be reliable, the Company has not independently verified any of the data from third- party sources referred to in this presentation, or analyzed or verified the underlying studies or surveys relied upon or referred to by such sources, or ascertained the underlying economic assumptions relied upon by such sources. TSXV: BIG Cautionary Notes (continued)

Non-IFRS Measures

Frontera prepares its financial statements under international financial reporting standards (“IFRS”). This Presentation refers to certain non-IFRS measures that do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS and should be read in conjunction with Frontera’s consolidated financial statements. • EBITDA is calculated as Net Income plus taxes, interest, depreciation, and amortization

Technical Information The disclosure in this Presentation relating to properties in which Frontera does not hold any interest is based on information public disclosure by the owners and operators of these properties and which information/data is available in the public domain as at the date hereof. Mineral resources are not mineral reserves and do not have demonstrated economic viability. An estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing or other relevant issues. In particular, the quantity and grade of reported inferred mineral resources in the estimates are uncertain in nature and there is insufficient exploration to define these inferred mineral resources as an indicated or measured mineral resource in all cases. It is uncertain in all cases whether further exploration will result in upgrading the inferred mineral resources to an indicated or measured mineral resource category. Readers are cautioned that the Company has completed the work required to independently analyze and verify the results of owners/operators included in this Presentation. Although the Company doe not any knowledge that such information may not be accurate, there can be no assurance that such third party information is complete or accurate.

Cautionary Note to U.S. Persons Concerning Estimates of Reserves and Measured, Indicated and Inferred Resources This Presentation uses Mineral Resource classification terms that comply with reporting standards in Canada. This Presentation uses the terms “Mineral Resource,” “Inferred Mineral Resource,” “Indicated Mineral Resource,” “Measured Mineral Resource,” “Mineral Reserve,” “Probable Mineral Reserve,” and “Proven Mineral Reserve” in connection with the presentation of resources, as each of these terms is defined in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards on Mineral Resources and Reserves adopted by the CIM Council (the “CIM Standards”), as required by NI 43 101. Unless otherwise indicated, all reserve and resource estimates contained in this Presentation have been prepared in accordance with the CIM Standards, as required by NI 43-101. These standards differ significantly from the Mineral Reserve disclosure requirements of the SEC set forth in the SEC’s Industry Guide 7. Consequently, Mineral Reserve information contained in, or incorporated by reference into, this Presentation is not comparable to similar information that would generally be disclosed by companies in accordance with the current rules of the SEC. In addition, we believe the SEC’s Industry Guide 7 does not recognize Mineral Resources.

In particular, the SEC’s Industry Guide 7 applies different standards in order to classify mineralization as a reserve. As a result, the definitions of “proven” and “probable” reserves used in NI 43-01 differ from the definitions in SEC Industry Guide 7. Under SEC standards, we believe mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Among other things, we believe all necessary permits would be required to be in hand or their issuance imminent in order to classify mineralized material as reserves under the current SEC standards. Accordingly, Mineral Reserve estimates contained in this Presentation and the documents incorporated by reference herein may not qualify as “reserves” under current SEC standards. Furthermore, United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. Accordingly, certain disclosure may not be comparable to information from U.S. companies subject to the reporting and disclosure requirements of the SEC.

Qualified Person Mark Smethurst, P.Geo, a qualified person under NI 43 -101, has reviewed and approved the scientific and technical disclosure contained in this Presentation.

TSXV: BIG Defined Strategy

Corporate strategy is to build gold resources through exploring and developing advanced properties • Using modern techniques in geochemistry, geophysics and mineralization modeling to discover and grow resources • Reviewing and evaluating historical data to target exploration and development in a new technology and higher gold price environment

TSXV: BIG 1 Investment Highlights

. Gold has been an outstanding financial performer over last several years due to massive Timing increase in money supply in the US and internationally . Management anticipates trend to continue notwithstanding recent increase in interest rates

. Positioning within established gold regions known for world-class deposits and stable Positioning operating environment . Focused on current asset in the United States and acquisitions in the Americas

. High quality pipeline generated through longstanding relationships with local operators, key Pipeline decision makers and market participants Highlights . Objective to acquire, expand and enhance resources to reserves

. Highly prospective asset secured in Nevada, one of the most established and mining-friendly jurisdictions. Top gold producing state in the U.S. 11,894 acres at intersection of major gold Assets trends (50% interest). 18 gold mines discovered within 100 kilometers of Hot Springs Property (including Hecla, Newmont, Barrick)

. Proven and successful track record of growing companies from initial formation, listing, development and exit Team . Management team and board with decades of mining (exploration, development), financial (financing, M&A) and managerial expertise (governance, accounting, legal)

TSXV: BIG 2 Selection and Evaluation Process

Bald Eagle is focused on selecting and evaluating assets to advance the objective of generating significant incremental resources over the early part of this commodity cycle

Asset Selection Evaluation Process

. Targeting areas with known gold resources and regional production Management Assessment Greenfield . Favorable mining jurisdiction with potential to discover world- . Initial geologic review and assessment class gold deposits of potential . Benchmarking in context of cost prospectivity and risk . Initial financial terms discussion

Due Diligence . Sites where historical exploration work has been completed . Detailed resource and reserve Brownfield with existing datasets, geochemical and geophysical assessment Exploration . Applying modern techniques to re-interpret old models . Exploration potential assessment applying modern techniques and technology . Site technical visit . Financial & legal checks . Determine exploration and development plan

. Properties with past production that have not been fully Investment / Acquisition Past explored and developed using modern techniques . Determine final proposal (focus on option Production . Potential for new geological model and drilling of agreements to control risk) . historical/new targets to increase resources Execute legal agreements . Integrate qualified team . Position strategic investors

TSXV: BIG 3 Established Team Track Record

The Bald Eagle team has been directly involved in multiple companies that have generated considerable returns investors . UNX Energy Corp. (TSXv: UNX) was an oil & gas exploration company focused on frontier offshore basins in Namibia, Africa . Consolidated over 50 thousand km of offshore concessions . Raised over $65.0 million of exploration capital . Sourced Calgary based management team and HRT as technical partner UNX Energy . Initial round at $0.40 per share, and subsequent raises at up to $1.75, and the company was ultimately sold for $729.9 million . IC Potash Corp. (TSX: ICP) was developing a long life, low cost and premium priced potash project in New Mexico, USA . RTO of assets into TSXv vehicle, defined over billion-ton resource, and fully permitted project . Raised over $100.0 million of exploration and development capital IC Potash Corp . Received research coverage from 9 analysts . Sourced Yara International, the largest plant nutrient distributor globally, as a financial and commercial partner, initial round at $0.10 per share and subsequent raises at up to $1.60 per share . Namaste Technologies Inc (TSXv: N) is a revenue producing company focused on the international sale and distribution of vaporizers and accessories . RTO of assets into CSE vehicle and completed 5 M&A transactions . Yearly revenues increase from $3.0 million to $25.0 million Namaste . Raised over $125.0 million of capital Technologies . Initial round $0.075 per share and subsequent raises at up to $3.00 per share

. Khiron Life Sciences Corp. (TSXv: KHRN) is a licensed Colombian medicinal cannabis company, which is the first to ever license and sell products in Colombia . First non-resource Colombian company to list on the TSXv . Raised over $115.0 million of capital from leading Canadian investment firms Khiron Life . Completed three M&A transactions Sciences . Founding round at $0.25 per share and subsequent raises at up to $2.90 per share TSXV: BIG 4 Corporate Management

Sidney Himmel Darren Collins Mark Smethurst President, CEO & Director CFO & Director Senior Geologist

. Over 30 years of corporate . Over 15 years of . Professional Geologist experience in the capital corporate finance and with over 25 years of markets public company experience experience . Executive and director of . Held previous executive public companies, and . Background in corporate appointments as VP and corporate finance, finance, M&A, corporate, COO of Resource institutional sales and governance, and public Development for public research with banks accounting companies

. Experience with notable . Previous experience with . Qualified Person as investment banks including Scotia Capital, Quest defined by National Merrill Lynch Canada Inc., Capital (currently Sprott Instrument 43-101 TD Securities Resource Lending) and various public issuers

TSXV: BIG 5 Technical Consultants and Advisors

Terre Lane B.S. Hamid Samari Ph.D. Michael Feinstein Ph.D. Mining Engineer Senior Exploration Geologist Senior Exploration Geologist

. Ms. Lane is a Mining . Mr. Samari is a geologist . Mr. Feinstein holds a Engineer with more than 35 with more than 30 years Ph.D., Geological years of experience of experience Sciences, and a M.Sc., Economic Geology from . Experience includes . Experience in structural the University of Texas El feasibility studies, mine and geology, mining geology, Paso, and a B.Sc., process engineering, and economic geology, and Geology and Geography, project development for seismic assessment from Sam Houston State surface and underground University mines . Project experience spans multiple jurisdictions. . President of Mineoro . She has managed projects Experience includes Explorations, leading in US, Canada, Mexico, exploration and resource exploration / development Ireland, Russia, China, definition for gold, silver, of mineral properties in Bolivia, Peru, and Africa copper and other metals the US, Mexico, and Canada

TSXV: BIG 6 Independent Directors

Marc-Andre Lavoie Peter Simeon Raymond Harari Director Director Director

. Over 25 years of corporate . Over 18 years of legal . Managing Director at experience in the capital experience as director of Canalis Capital, a markets and venture capital public companies and merchant bank focused securities lawyer on disruptive industries . Extensive experience in mining exploration and . Practise focused on . Investor, director and resource development in corporate finance, M&A, advisor in early stage multiple jurisdictions public listings (RTOs & ventures across a variety IPOs) of industries including . Previously senior capital cannabis, mining and tech markets professional with . Current partner at BNP Paribas in New York Gowling WLG. Previously . Previous experience in and London with Wildeboer Dellelce finance and investment and Osler banking at Nomura and Credicorp Bank

TSXV: BIG 7 Hot Springs Property, Nevada

TSXV: BIG 8 Nevada – Prolific Mining Jurisdiction

12 1,800 10

1,600 9 10 1,400 8

7 8 1,200 6 1,000 6 5 800 4 4 600 Gold price, $/troy Gold $/troy price, ounce 3

400 2 2 Annual gold production (millions of troy ounces) troy of (millions production gold Annual 200 1

0 0 0 1835 1875 1915 1955 1985 2015 1978 1983 1988 1993 1998 2003 2008 2013 2018

. The U.S. was the fourth leading gold producer in the world in 2018

. Nevada accounted for 83% of total U.S. Gold production in 2018

. Nevada produced 5.3% of the world’s gold in 2018 (~104.8 million ounces)

. Nevada has produced 3.9% of total global gold production (235 million ounces)

TSXV: BIG 9 Battle Mountain & Getchell-Comstock

18 mines discovered in Battle Mountain & Getchell-Comstock Gold Trend including world-class epithermal and Carlin-type deposits. Considerable exploration and development potential remains

Hot Springs 11,894 ACRES IN GOLD FAIRWAY

Humboldt County . Well-known producing mines in trends (Carlin-type and epithermal gold deposits)

. Dutch Midas, Hecla Mining (~60 km from Hot Springs) Flats . P&P 92k oz Au @ 10.7 g/t Au . M&I 421k oz Au @ 10.5 g/t Au

. Fire Creek, Hecla Mining (~100 km from Hot Springs) . P&P 177k oz Au @ 17.1 g/t Au . M&I 263k oz Au @ 17.6 g/t Au

. Turquoise Ridge Complex (Twin Creeks & Turquoise Ridge), Barrick & Newmont (~30 km from Hot Springs)

. P&P 13,000k oz Au @ 5.0 g/t Au . M&I 18,000k oz Au @ 4.3 g/t Au

Note: Reference Appendix for detailed resource and reserve data and source information

TSXV: BIG 10 Strategically Located Property

Hot Springs Property is the source of significant gold mineralization established historically and therefore is the source of further drill targets for epithermal mineralization

. Strategically located at intersection Getchell-Comstock and Battle Mountain gold trends – Arkosic Triangle

. Triangle contains Turquoise Ridge Mine east of Osgood Mountains – gold orebody host is Lower Paleozoic calcareous shale and limestone

. Property at south portion of Hot Springs – two targets: 1. Dutch Flats Shear Zone – many gold indications at surface 2. Mid-Paleozoic calcareous sediments and limestone

. Extensional structures ideal for mineralization and acting as fluid flow conduits: faults, fractures, dilation features – brecciated quartz veins

. Contains multiple epithermal events – volcanic and magmatic events, e.g. aureole of contact metamorphism surrounds stocks in the Hot Springs Mountain Range

. Conclusion: multiple drill targets across the property

TSXV: BIG 11 Multiple Historic Occurrences of Gold1

Historical exploration of the property confirms multiple occurrences of gold, both at surface and depth, as evidenced by surface sampling and drilling. Previous companies looking for quick gold discoveries close to surface with rotary drilling, in a lower gold price environment

1890s1 1980s2 19943 19974 2006 / 20075 Today6 • Gold nugget • ~4,720m in • 5 (RC) drill • Systematic • ~3455m in 41 • Significant discovery - 50 (RC) drill holes surface (RC) drill indicator of placer mining holes • 10Mt at 0.25 sampling holes bonanza • Shafts and • 32.53 g/t Au g/t for 80,000 (6.5 g/t Au, • Mineralization grades at adits over 1.5m – oz Au 450 g/t Ag) estimate: surface developed Brican drill • Samples of • Second 16Mt at 0.18 • Quartz-gold along quartz hole ~54 g/t from mineralized g/t for 91,750 nuggets at veins (Dutch veins structure oz Au surface, Flats Mining) defined indicating source within 2 miles

Note: (1) The historical drill results included in this press release were taken from several unpublished reports, none of which are NI 43-101 compliant. The historic drill results were generated in drilling campaigns completed on the Property by Brican Resources between 1985 and 1986, completing 32 RC holes; AMAX Exploration Inc. between 1987 and 1988 drilling 18 RC holes; Homestake Mining, completing 5 drill holes; and Cordex/Piedmont in 2007 completing 41 drill holes. In total 91 RC holes have been drilled on the Property for a total of 26,825 feet. Readers are cautioned that Frontera has not completed the work required to independently analyze and verify the results of previous operators nor has a qualified person done sufficient work to verify this historical information. Frontera believes this information is reliable and relevant as it was completed by reputable companies that use industry standard drilling and sampling practices. Sources: (1) Dutch Flats Mining Company, (2) Brican Resources & AMAX Exploration, (3) Homestake Mining, (4) Zenda Gold Corp., (5) Cordex/Piedmont, (6) Osgood Mining LLC

TSXV: BIG 12 Selected Drill Results Confirm Potential

Selection of promising drill holes suggest the high potential of intersecting mineralization, bonanza grade potential, and continuity of grade at the Hot Springs Property

Drill Hole From (m) To (m) Interval (m) g/t Au A-1 6.1 7.6 1.5 2.8 A-5 56.4 57.9 1.5 2.4 A-13 30.5 32.0 1.5 5.6 B-16 18.3 45.7 27.4 0.5 Including 44.2 45.7 1.5 3.5 B-18 51.8 65.5 13.7 0.6 Including 59.4 61.0 1.5 1.1 7.6 9.1 1.5 3.2 B-21 1.5 83.8 82.3 0.8 Including 29.0 30.5 1.5 32.5 12.2 13.7 1.5 4.8

DF14 38.1 39.6 1.5 3.6 DF19 54.9 65.5 10.7 0.6 Including 64.0 65.5 1.5 2.0 DF22 202.7 213.4 10.7 0.4 DF32 32.0 74.7 42.7 0.7 Including 47.2 48.8 1.5 1.9 54.9 56.4 1.5 1.2 51.8 65.5 13.7 1.2 59.4 61.0 1.5 2.4

TSXV: BIG 13 Epithermal Model

Geologic model to be applied to further exploration and development indicates an ideal scenario to define a large high-grade gold deposit at the Hot Springs Property

Characteristics of epithermal style gold-silver deposit:

. Bonanza gold grades (>1 oz/t Au)

. Rising ore fluids mix with descending surface waters, the mixing zone is the “boiling zone”

. Boiling zone marked by red to dark red to purple hematite within the ore assemblage – the deposition site for gold & silver

. Mixing environments are strongly structurally controlled (faults, shears, dilation structures, structural intersections)

. Typically encountered at depths of 250m to 350m. Can extend vertically from 100m to 800m

TSXV: BIG 14 Carlin-Type Model

Hot Springs and Turquoise Ridge share the same features for Carlin-type mineralization

Hot Springs & Turquoise Ridge Similarities

Years Period / Epoch Ago (m) Hot Springs Turquoise Ridge Holocene 0.01 . Pleistocene 1 Getchell and Turquoise Ridge gold mines located ~20-25km NE of Hot Pilocene 3.5 Springs Miocene 15 . Hot Springs gold mineralization found Oligocene 25 Mineralization Mineralization in NE trending Dutch Flat shear zone Eocene 41 within NE tending Getchell gold trend – same as Getchell gold mine Paleocene 61 Cretaceous 100 . Both properties have calcareous Jurassic 180 Mountain Building Mountain Building sediments and limestone Triassic 227 . Folding structures formed in the Permian 256 Jurassic after sediment deposition and before gold emplacement Pennsylvanian 310 Mississippian 335 Carbonate / Limestone . Extensional structures provide conduits for mineralizing fluid flow formed in Devonian 370 Carbonate / Limestone Oligocene, followed near Silurian 423 contemporaneously with gold deposition into calcareous sediments Ordovician 458 Carbonate / Limestone and limestone Cambrian 512 Carbonate / Limestone

TSXV: BIG 15 Hot Springs Property Geology

Geology, geochemistry and structural work generating targets for current and future drill programs

. Outlines land position – claims and leases. Aerial topographic image with geology overlay

. Faults and fractures generate drill targets – current CSAMT & IP provides targeting for Epithermal-type mineralization

. Mid-Paleozoic Limestone and calcareous sediments (dark blue) indicates possibility of Carlin-type Deposits, similar to Turquoise Ridge Mine

. Bonanza gold grade intercepts in historic drilling indicate epithermal style vein development

TSXV: BIG 16 Defined Exploration Program

Bald Eagle is executing an exploration program to further define an epithermal system and test for carlin-type mineralization over the next 6-8 months

Period Amount ($m) Activities Goal

Phase 1 (2020 work program – 0.5 Deep structural geophysics Define extensional structures at completed) depth to locate fluid-flow conduits for gold bearing fluids that deposited the gold mineralization

Phase 2 (2020 work program – 0.5 Drilling, core analysis, further Define increased mineralization at completed) target analysis (based on depth – drilled 1,000 metres (three interpretation of all data) holes being analyzed) – drilling continues at present (1,000 plus metres)

Phase 3 (2021 work program – 1.8 Up to 5,000 metres drilling – IP Establish defined mineralization to commencing Q1-Q2) and CSAMT, along with subsequently drill for measured mapping, and claims staking and indicated resources – to expand and develop possibly two mineralization events leading to possibly two deposit types – epithermal and carlin-type deposits

TSXV: BIG 17 Financial Information

18 Capital Structure

Bald Eagle has 59.6% of the total capital structure subject to escrow conditions and insiders own 25.5% of total basic issued and outstanding common shares. Company has no debt

Company Common Shares Escrowed Shares 60,841,679 Public Float 41,305,384 Basic Shares Outstanding 102,147,063

Strike Options / Warrants $0.10 600,000 $0.25 1,000,000 $0.50 1,200,000 $0.20 10,729,278 Total Dilutive Securities 13,589,278

Fully Diluted Issued and Outstanding 115,736,341

Basic Valuation (@ $0.12) $12,257,648

Cash Balance $3,219,927

Enterprise Value $9,037,721

TSXV: BIG 19 Appendix

20 Battle Mountain & Getchell-Comstock Gold Trends

Midas, Hecla Mining1 Tons (000) Au Oz (000) Au g/t Tons (000) Au Oz (000) Au g/t Measured 352 155 12.47 Proven 134.1 51.1 10.77 Indicated 765 267 9.63 Probable 108.0 40.6 10.48 M&I 1,117 421 10.48 P&P 242.1 91.6 10.71 Inferred 858 241 7.93

Fire Creek, Hecla Mining2 Tons (000) Au Oz (000) Au g/t Tons (000) Au Oz (000) Au g/t Measured 67 82 34.30 Proven 74 70 26.36 Indicated 351 181 14.62 Probable 207 108 14.74 M&I 418 263 17.57 P&P 282 177 17.08 Inferred 1,170 523 12.47

Turquoise Ridge Complex (Twin Creeks & Turquoise Ridge), Barrick & Newmont3

Tons (000) Au Oz (000) Au g/t Tons (000) Au Oz (000) Au g/t Measured 61,000 9,700 4.95 Proven 45,000 5,900 5.38 Indicated 68,000 8,200 3.72 Probable 13,000 4,100 10.08 M&I 130,000 18,000 4.30 P&P 83,000 13,000 5.02 Inferred 21,000 1,800 2.70

Sources: (1) See Klondex Mines Ltd report titled “Preliminary Feasibility Study for the Midas Mine, Elko County, Nevada,” authored by Mark Odell P.E. Laura Symmes, SME, Sarah Bull, P.E. Karl Swanson M Eng., SME., all of Practical Mining LLC., dated March 2015, and effective August 31, 2014. The report is prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is available on Hecla’s company profile at www.SEDAR.com. (2) See Hecla Mining Company report titled “Technical Report for the the Fire Creek Project, Lander County, Nevada,” authored by Mark Odell P.E. Laura Symmes, SME, Sarah Bull, P.E. Adam Knight, P.E., all of Practical Mining LLC., dated September 14, 2018, and effective March 31, 2018 . The report is prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is available on Hecla’s company profile at www.SEDAR.com. (3) See Barrick Gold Corporation and Newmont Corporation report titled “Technical Report on the Turqouise Ridge Complex, State of Nevada, USA” authored by Charlen Lynn Bolin, MBA, SME, (RM), Craig Fiddes, SME (RM), Jay Olcott, SME (RM), Steven W. Yopps, MMSA QP, all of Nevada Gold Mines, dated March 25, 2020, and effective December 31, 2019 . The report is prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is available on Barrick’s company profile at www.SEDAR.com. 21 Contact Information:

Sidney Himmel Darren Collins President & CEO CFO +1 (416) 924-2698 +1 (786) 633-1756 [email protected] [email protected]

100 King Street West, Suite 1600, Toronto, Ontario, Canada M5X 1A9