Michael Kanevsky, CPA Executive Chairman Chief Executive Officer President & Director Chief Operating Officer Chief Financial Officer

PLACING BIG BETS IN THE WORLD’S MOST PROLIFIC GOLD MINING TREND OCTOBER 2020 Disclaimer

Certain statements in this presentation constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events or Nevada King Mining Ltd. (“Nevada King” or “the Company”) future performance, business prospects or opportunities. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but no always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions) are not statements of historical fact and may be forward looking information.

Forward looking information in this presentation includes, but is not limited to, statements with respect to the Company’s future plans to acquire additional targets or properties including equity positions with partners, enter into joint venture, earn-in, royalty or streaming structure agreements, or dispose of properties, achieve an income stream which would permit it to pay a dividend on its outstanding shares, the timing and amount of future exploration and expenditures and the possible results of such exploration.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking information. Such risks include, among others, the risk that the Company will not be successful in completing additional acquisitions, risks relating to the results of exploration activities and risks relating to the ability of the Company to enter into joint venture, earn-in, royalty or streaming structure agreements, or dispose of properties, future prices of mineral resources; accidents, labor disputes and other risks of the mining industry including continued community and government support of the Company’s projects. The Company believes that the expectations reflected in such forward looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. These statements speak only as of the date of this presentation. The Company does not intend, and does not assume any obligation, to update any forward-looking information except as required by law.

The scientific and technical information in this presentation has been reviewed and approved by Calvin R. Herron, a Qualified Person for purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

-2- “People think production is how you make money; it is not, it is selling something at a high price, photo: forbes.com that is how you make money.”

Dr. Thomas Kaplan, Chairman and Founder of The Electrum Group

-3- The United States’ fastest growing mineral claim holder Nevada’s 5th largest active claim holder

A plan to become Nevada’s second largest claim holder by 2022

Focused exclusively on the Battle Mountain Trend, Nevada’s most prolific mining trend

-4- Key people

Collin Kettell Susan Lavertu Philip O’Neill, B.ASc Cal Herron, P.Geo. Michael Kanevsky, CPA Executive Chairman Chief Executive Officer President & Director Chief Operating Officer Chief Financial Officer

Founder and Manager of Palisade Global Founder & Manager of Venture Financial President & Founder of MP1 Capital, President of Quest Geological Consultants, Chartered Professional Accountant, began Investments Ltd., a resource focused Group Ltd., a resource focused private a Calgary-based company investing in a geo-consultancy group focused on his professional career in the audit and investment company. equity company which helps to fund the natural resources sector minerals exploration in North America assurance practice at Deloitte and provide visibility for junior resource Comes from a family with deep ties companies. A significant investor and COO of Palisades Goldcorp Ltd.; CEO Over 40 years experience in the evaluation, Chief Financial Officer of Mexican Gold to mining, including co-founding AuEx advisor to several TSX-V listed mining and Director of Mexican Gold design, and management of base and Corp. (TSX-V:MEX) and several private Ventures, the company responsible for companies. precious metals exploration projects in mining companies discovering the Long Canyon deposit, a Previous Founder, Director, and CEO of the United States and Asia project ultimately acquired by Newmont At the forefront of innovation in the Internet Sunward Resources (TSX-V:SWD) where Prior to joining the Company, Mr. Kanevsky Mining for $2.3 billion. Marketing industry for the past decade, he raised $81M and led its acquisition by M.A. in Geology from California State held controllership and financial reporting including specific to the Canadian resource NovaCopper (now Trilogy Metals), at a University (1981); Professional Geoscientist roles with several Vancouver based mining Founder & Executive Chariman, Palisades sector. +140% premium to market (P. Geo.) registered in Ontario, Canada with companies with operations in Argentina, Goldcorp Ltd.; Founder & Executive APGO Peru and Chile Chairman, New Found Gold Corp.; Co- Dedicated to producing the highest level of 2012 Induction into Casey Research Founder, Goldspot Discoveries Ltd.; Co- work for clients and enjoys the one-on-one NexTen – industry players identified as the Founder & CEO, Victory Metals Inc. connection she develops with investors and “Next Generation of Resource Industry clients. Titans”

-5- Directors & Advisors

Dr. Quinton Hennigh, Ph.D. Craig Roberts, P.Eng William M. Sheriff, M.Sc. Proposed Director Proposed Director Proposed Director

Economic geologist with 25 years of Mining engineer with over 30 years of Entrepreneur and visionary with over 30 exploration experience, mainly gold operations, consulting and investment years’ experience in the minerals and related. Early in his career, he explored for banking experience. securities industries. major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Includes work on feasibility studies for Founder and Executive Chairman of Golden Newmont Mining Corporation. numerous mining projects worldwide, Predator Corp. Prior to founding Golden investment banking/due diligence roles Predator Corp. Led exploration for Gold Canyon Resources in over 200 institutional equity financings. at the Springpole alkaline gold project near Currently serves as Chairman of enCore Red Lake Ontario, a 5 million ounce gold Significant experience advising Energy Corp. asset that was recently sold. management and boards on merger and acquisition transactions. Previously served as Chairman of EMC In 2010, Dr. Hennigh helped start Novo Metals Corp., and as a Director of Western Resources and began assembling its Lithium USA Inc., Uranium One Inc., Midway Australian exploration portfolio. Dr. Hennigh Gold Corp., Eurasian Minerals Inc. and obtained a Ph.D. in Geology/ Geochemistry Starcore International Mines Ltd.. from the Colorado School of Mines.

-6- The major mining company dilemma, time for a new entrant

• The three largest landholders in Nevada are Barrick, Newmont, and Kinross, collectively holding 44,000 claims (880,000 acres). On an annual basis this costs these juggernauts $9.7M to hold, collectively. Compared to revenue from operations, this amounts to a rounding error, disincentivizing exploration activities and joint venture partnerships.

• Discoveries are made through sizable drilling budgets and a bit of luck. With no deals being done by majors and minimal exploration expenditures, it is time for a nimble company to take a commanding position and structure deals that will result in the most money being spent on that ground.

-7- Who we are

Nevada King is Nevada’s fastest growing claim holder and now holds the title of 5th largest mineral holder in the State; Nevada King controls six district size projects within the Battle Mountain Trend, including the past producing, 1M ounce (43-101) Atlanta Mine.

When measured by concentration of gold ounces, the Battle Mountain Trend is the world’s most prolific producer - Pipeline, Cortez, Phoenix, McCoy/Cove, and Lone Tree are just a few of the world class mines that comprise the trend. These mines have laid the foundation for today’s mining juggernauts including Barrick and Newmont, and is the focus of Nevada King’s efforts.

The best way to make a major discovery is through the drill bit; by becoming Nevada’s most active land holder, the odds favor the next major discovery taking place on Nevada King land.

Nevada is rated by the Frasier Institute as the Worlds #1 mining district.

-8- A goal to become the leader in× Nevada× × $

× × × × × × × $ × $ × $

Acquire district size projects In close proximity Using a proprietary And avoid costly option that have had significant to operating and claim records database to payments, work commitments, past work and drilling, past producing find data rich environments, and NSRs by staking by major operators gold mines NOT staking based ground directly. on geologic theories

-9- Nevada’s 7 largest

Jerritt Canyon Joint Venture Sleeper claim holders Twin Creeks Mine Ken Snyder Mine Getchell Mine

Pinson Mine Hollister

Dee Mine Long Canyon Preble Bootstrap Mine Meikle Mine WINNEMUCCA Betze/Post Mine West Pequop IRON POINT Deep Star Mine Beast Mine Genesis/Bluestar Mine Leeville Kramer Hill VANADIUM Carlin Mine Hycroft Lantern Mine ELKO GOLCONDA Lone Tree Mine Rosebud Mine GOLD Tusc Mine BATTLE Gold Quarry Mine Marigold Mine MOUNTAIN

Trenton Canyon Emigrant Mule Canyon Mine Rain Mine Buffalo Valley Mine Florida Canyon Mine Fortitude Battle Mountain Complex Hilltop Kinsley Wind Mountain Phoenix LEWIS Fire Creek - Klondex HILLTOP HORSE SOUTH MTN.-MILL CREEK Gold Triplet McCoy/Cove Mine Gulch Elder Creek CRESCENT Willard Coeur Rochester Mine VALLEY Gold Acres Pipeline Relief Canyon Horse Canyon Buckhorn Cortez Gold Mines Pediment

CARICO LAKE Tonkin Spring Bald Mountain Mine Mooney Basin Goldend Butte

Fondaway Canyon Gold Bar Alligator Ridge Mine Mt Hope Olinghouse Mine Yankee Mine EVANA KOBEH VANADIUM VALLEY Archimedes Ruby Hill Mine RENO Talapoosa LLlipah Lookout Mountain

Comstock Mt Hamilton Robinson

Easy Junior

Griffon Mine Denton-Rawhide Mine

Yerington Cu

Northumberland

Paradise Peak

Round Mountain Mine

Santa Fe

Manhattan

ATLANTA Borealis MINE

Aurora Mine

Candelaria Mine

Tonopah

Mineral Ridge Mine

Goldfield

GOLD DEPOSIT Goldstrike Mine 9.65M oz Au Deposit 3.22M - 9.65M oz Au Deposit 1.61 - 3.22M oz Au Deposit

<0.32 - 1.61 oz Au Deposit Bullfrog Mine Daisy Mine

Sterling Mine

TOP 7 Holders (Sept. 2019) Nevada Gold Mines (32575 Claims) Kinross Gold (12198 Claims)

Elko Mining Group (Watterton) (10116 Claims) LAS McEwen Mining (5818) VEGAS Nevada King (5150) Hecla Mining (4061) Coeur Mines (3484)

Battle Mountain Trend Jerritt Canyon Joint Venture Sleeper

Twin Creeks Mine Ken Snyder Mine Getchell Mine

Pinson Mine Hollister

CARICO LAKE Tonkin Spring Bald Mountain Mine Mooney Basin Goldend Butte

Fondaway Canyon Gold Bar Alligator Ridge Mine Mt Hope Olinghouse Mine Yankee Mine EVANA KOBEH VANADIUM VALLEY Archimedes Ruby Hill Mine RENO Talapoosa LLlipah Lookout Mountain

Comstock Mt Hamilton Robinson

Easy Junior

Griffon Mine Denton-Rawhide Mine

Yerington Cu

Northumberland

Paradise Peak

Round Mountain Mine

Santa Fe

Manhattan

ATLANTA Borealis MINE

Aurora Mine

Candelaria Mine

Tonopah

Mineral Ridge Mine

Goldfield

GOLD DEPOSIT Goldstrike Mine 9.65M oz Au Deposit 3.22M - 9.65M oz Au Deposit 1.61 - 3.22M oz Au Deposit

<0.32 - 1.61 oz Au Deposit Bullfrog Mine Daisy Mine

Sterling Mine

TOP 7 Holders (Sept. 2019) Nevada Gold Mines (32575 Claims) Kinross Gold (12198 Claims)

Elko Mining Group (Watterton) (10116 Claims) LAS McEwen Mining (5818) VEGAS Nevada King (5150) Hecla Mining (4061) Coeur Mines (3484)

Battle Mountain Trend

-11- Our projects

Atlanta Mine Carico Lake Crescent Valley Evana Vanadium Golconda Gold 51.9Km2 57.01Km2 1.17Km2 9.95Km2 12.95Km2

Horse Mtn.-Mill Creek Hilltop South Iron Point Vanadium Kobeh Valley Lewis 49.5Km2 28.63Km2 60.13Km2 15.48Km2 32.4Km2

-12- Atlanta Mine

• 100% owned by Nevada King • Past open pit production -110,000 oz. gold, 800,000 oz. silver (1975 – 1985) • NI 43-101 resource of 683,600oz AuEq M+I, 618,700oz AuEq Inferred* • Property is already covered with BLM Approved Plan of Operations • Previously held by Meadow Bay Gold (TSX: MAY), which had a $75M market cap on this asset; past exploration by Kinross Mining • Existing infrastructure includes electricity to the mine, roads and abundant water supply

Winnemucca Elko

Battle Mountain Reno

62502

57502 ATLANTA MINE

52502 Las Vegas 102000N 101500N 101000N 100500N 100000N 99500N 99000N 98500N 98000N

Atlanta Mineralised Zone, showing blocks above 0.40ppm Au, in both Si Breccia Zone (red) and Porphyry Zone (blue). “ResourceLooking estimate East. for existing pit area completed by Gustavson Associates in March 2013.” -13- Our mandate is simple

1. Acquire ground through staking

2. Obtain historic data and build a compelling exploration narrative

3. Find partners to explore, develop, and drill

-14- IRON POINT PROJECT A proven model

Winnemucca Elko July 2017 Acquired Iron Point Project for its gold potential Battle Mountain for ~$200,000

Reno July 2018 Uncovered old data exposing a large-scale vanadium prospect

September 2018 Nevada King (previously Casino Gold) signed a deal to option project to Paul Matysek’s Victory Metals (TSX-V:VMX) for $14.7M in stock, retaining a 1% NSR

Las Vegas

Value Fixed NSR Current position is worth $17M Nevada King holds a 1% fixed (Dividended out to Nevada King shareholders in January 2020) NSR on Iron Point

-15- Change of Control Concept

• As money comes pouring back into the sector with higher gold prices, Nevada King will be TSX VENTURE MINING DEALS

positioned to provide Venture 3,500 companies with high quality, $79.9 bi 3,000 well packaged projects, ready for exploration and drilling. 2,500 $13.9 bi • The likelihood of a discovery 2,000 ? is directly correlated to the 1,500 amount of money spent in the ground and the amount of 1,000

ground a company controls. 500 $4.2 bi 0 Becoming the storefront for junior mining 2005 2007 2009 2011 2013 2015 2017 companies looking for their next great project.

-16- Share structure

Share Count Options Cash Market Capitalization 52.45M 4.7M $5.55M $36.7M (post financing $0.70) CAD CAD

Australian Family NY Family Office Office Other

41% 10% 7% 7% 6% 29%

Directors & European Family Management Office

-17- Appendix ACQUIRED August 2019 RECENT HISTORY from Meadow Bay Gold ATLANTA • 12 patented claims Meadow Bay, 2011-2018 $17M for acquisition, exploration, and drilling done on the project • 385 lode claims Drilling (2011-2015) 19,729’ core, 24,460’ RC MINE Market cap of $200M in 2011, with the Atlanta Mine as its sole asset PROJECT TYPE Past producing gold mine Measured + indicated resource by Gustavson Assoc. in 2018 (Lincoln Co., NV) with 500,000+ ounce gold (43-101 compliant): 12.6M tonnes grading 1.3 g/t Au and 11.6 g/t Ag equivalent drill resource Kinross Gold Corp., 1997-1998 completed in 2018 Drilling: 54,345’ In-house indicated + inferred resource (43-101 non-compliant): HISTORICAL • Underground and small 8.4M tonnes grading 1.71 g/t Au and 14.4 g/t Ag PRODUCTION surface mining 1905-1966 Gold Fields Mining Corp. , 1990-1991 • Bobcat-Standard Slag JV Drilling: 56,021’71 (1975-1985) mined 1.5M tons Bobcat-Standard Slag JV, 1975-1985 and recovered 110,000 oz Au Drilling: 38,321’ and 800,000 oz Ag

OUTLOOK Solid exploration potential for 1M+ ounces with additional infill and perimeter drilling plus other targets on property.

-19- ACQUIRED March 2018 from Tim Percival RECENT HISTORY • 55 lode claims Carlin Gold, 2007 LEWIS from Battle January 2020 Drilling: 4,000’ Mountain State Bank Mortgage Corp. Placer Dome, 2005 PROJECT Drilling: 3,910’ • 18 patented mining claims and 180 acres of fee land Cameco, 1996 (Lander Co., NV) Drilling: 15,036’ Nevada King staked additional 336 lode claims in 2017-2018 Cyprus, 1992 Drilling: 3,770’ PROJECT TYPE Past producing St. George Metals, 1986-1990 silver-gold-base metals Drilling: 70,172’ mine with a 65,000 oz Au In-house geologic resource (43-101 non-compliant): 65,000 oz Au open pit historical resource drilled Tenneco Minerals, 1986 in the 1990s Drilling AMAX, 1986 HISTORICAL Underground operations at Drilling: 4,880’ PRODUCTION Betty O’Neal Mine and adjacent Noranda, 1980-1981 tunnels during period 1880-1928 Drilling: 6,790’ reportedly yielded 5M oz Ag and 20,000 oz Au with Cu-Pb-Zn credits

OUTLOOK • Significant gold mineralization encountered in historical drill holes over large area. • Adjoins and is on trend with Barrick’s Hilltop property with reported 1M+ oz Au resource • Solid exploration potential for 1M+ ounces with additional infill and perimeter drilling plus other targets on property. -20- ACQUIRED Nevada King staked 343 lode RECENT HISTORY claims (NSR block) in 2017-2018 HILLTOP WK Mining USA, 2011 Cameron Stitzel, 1992 Drilling, Bullion West Project Drilling, Railroad Project PROJECT TYPE Exploration targets along the southeastern extension Agnico-Eagle, 2005 St. George Metals, 1987 SOUTH Drilling, NSR North Project Drilling, Indian Grouse Project of Barrick’s Hilltop deposit (reported 1M+ oz Au) and Barrick, 2005 Placer Dome, 1986 PROJECT around the historical Gray Eagle Drilling, Storm Project Drilling, Haverton Peak Project Drilling, Goldspar Project underground gold mine. Cameron Stitzel, 1986 (Lander Co., NV) Barrick, 1998 Drilling, Railroad Project HISTORICAL None reported Drilling, Mud Springs Project PRODUCTION Romarco NV, 1996 Drilling, Gray Eagle Project

OUTLOOK • Good potential for extending Teck Resources, 1995 Barrick’s Hilltop deposit to the Drilling, Hedgehog Project Drilling, Mud Springs Project southeast onto Nevada King’s ground. BHP-UT Intl., 1993 Drilling, Goldspar Project • Widespread gold anomalies indicate good potential for finding a sediment-hosted Au deposit around the Eocene- age stock centered on the Gray Eagle gold mine.

-21- ACQUIRED Nevada King staked 155 lode RECENT HISTORY claims (GS and GT blocks) in GOLCONDA 2016-2018 Union Summit Billiton Minerals, 1989 Minerals, 2007 Drilling, Raven Project PROJECT TYPE Sediment-hosted gold Drilling, Golconda Independence Summit Project GOLD exploration targets underneath Mining, 1989 the Golconda Thrust Fault. Cameco US Inc., 1996 Drilling, Golconda Summit Project Drilling, Edna Mtns. Project PROJECT Teck Resources, 1987 HISTORICAL None reported Cordex, 1992 Drilling, Raven Claims Project PRODUCTION Drilling, Golconda St. George Metals, 1987 (Humboldt Co., NV) Summit Project Drilling, Indian Grouse Project Newmont Mining, 1992 OUTLOOK • Widespread gold anomalies Summa Corp., 1981 Drilling, Edna Mtns. Project indicate good potential for Drilling, Golconda finding a Prebble type or Lone Pinson Mining Co. Summit Project Tree type sediment-hosted 1990 Drilling, Golconda Project gold deposit within the lower 1991 Drilling, Raven-RCK Project plate of the Golconda Thrust.

-22- ACQUIRED Nevada King staked 592 lode RECENT HISTORY claims (MC, HM, GA blocks) in HORSE 2017-2018 Newcrest Independence Mining, 1993 Resources, 2008 Drilling, Carico Lake Project PROJECT TYPE Sediment-hosted gold Drilling, Horse Mtn. Project (GA Claims) MTN - MILL exploration targets in upper X-Cal Resources, 2006 Euro Nevada Mng. Corp., 1992 and lower plate rocks. HM claim Drilling, Harry Canyon Project Drilling, Rum Dreams Project CREEK block tested by 64 holes drilled (Mill Creek) (Horse Mountain) since 1973, with low grade gold Barrick, 2005 Santa Fe Gold, 1991 intercepts reported in lower Drilling, Wind Project & HM Project Drilling, Mill Creek Project plate carbonates. GA claim block PROJECT (Horse Mountain) & Drilling, Saga Exploration, 1989 adjacent to lower plate-hosted Harry Creek Project (Mill Creek) Drilling, OS 1-27 Project Gold Acres gold mine. (Lander Co., NV) Newcrest Gexa Gold, 1987 Resources, 2003 Drilling, Marvel-Cook Cr. Project HISTORICAL None reported PRODUCTION Drilling, Rock Island Project (Horse Mountain) (Mill Creek) Phelps Dodge, 1987 Phelps Dodge, 1999 Drilling, Rum Dreams Claims OUTLOOK Good potential for finding Drilling, Mountain Spring Project (Horse Mountain) sediment-hosted gold deposit in Project (Mill Creek) Reportedly drilled a small low lower plate of Roberts Mountain Kennecott, 1999 grade gold resource in upper Thrust. Drilling, Kennecott Project plate rocks. (Mill Creek) Nerco Expl. Co., 1985 Barrick, 1998 Drilling, Horse Mountain Project Drilling, Mill Creek Project

SagaHigh DesertExploration, Min. Res., 1994 1995 Drilling, Rum Dream Project Drilling, Oversight Project (Horse Mountain) RC hole MC-96-08 (Mill Creek) reported to hit 9.1m grading 0.85 g/t Au in lower plate carbonates below the Roberts Mountain Thrust at 257m depth on Horse Mtn. target Drilling, Mill B Project (Horse Mountain)

-23- ACQUIRED Nevada King staked 682 lode RECENT HISTORY claims (CL and CDR blocks) in CARICO 2019 Newcrest Resources, 2002 Drilling, Cedars Project PROJECT TYPE Sediment-hosted gold Newmont Mining, 1998 LAKE exploration targets in upper and Drilling, Cedrina Project lower plate rocks. CDR claim Centerra US Inc., 1995 CEDARS block surrounds small gold Drilling, Stone Canyon Project (Carico Lake) resource reportedly drilled by Teck Resources, 1994 Chevron Resources. Drilling, Carico Lake Project PROJECT Centerra US Inc., HISTORICAL None reported PRODUCTION 1994 Drilling, Cedars East Project (Lander Co., NV) 1995 Drilling, Cedars Project Freeport Exploration, 1988 OUTLOOK • Large region hosting Drilling, Cedars Project anomalous Au-As-Hg values Chevron Resources, 1981 in upper plate rocks indicate Drilling, Cedars Project potential for upper plate and lower plate hosted gold targets. • Cedars Au resource zone hosts strong silica veining and flooding surrounded by large alteration aureole with potential for expansion.

-24- ACQUIRED Nevada King staked 183 lode RECENT HISTORY claims (KVE block) in 2020 KOBEH Newmont, PROJECT TYPE Sediment-hosted gold 2004 Drilling, Whistler Project VALLEY exploration targets in lower 2005 Drilling, Devils Gate Project plate rocks within south-central Pittston Nevada Gold, 2000 portion of Battle Mountain Trend Drilling, Whistler Project PROJECT between Cortez and Eureka. Barrick, 1997 Drilling, Whistler Mtn. Project HISTORICAL None reported (Eureka Co., NV) PRODUCTION Kennecott, 1993 Drilling, Kobeh Valley Project Western Mining Corp, 1990 OUTLOOK • Project located in center of Drilling, Wist Claims Project Battle Mountain Trend, in between the Mount Hope molybdenum deposit and Nevada Gold Mine’s Archimedes mine at Eureka.

• Favorable environment for sediment-hosted gold deposit hosted in lower plate carbonates given its proximity to McKewen Mining’s large Gold Bar project.

-25- ACQUIRED Nevada King staked 67 lode RECENT HISTORY claims (EV block) and leased 52 EVANA lode claims from Nevada-Alaska North Mining, 1994 Mining Co., for a total of 119 lode Drilling, GR Claims Project claims. Battle Mtn. Gold Co., 1991 VANADIUM Drilling, Tyrone Gap Project PROJECT TYPE Sediment-hosted gold Cyprus Exploration, 1986 exploration targets in lower PROJECT Drilling, Diamond Valley Project plate carbonates, and primary vanadium deposit hosted in (Eureka Co., NV) upper plate Vinini Formation.

HISTORICAL None reported PRODUCTION

OUTLOOK • The property’s location along the axis of the Battle Mountain Trend and proximity to Nevada Gold Mines’ Archimedes and Ruby Hill gold deposits argue for favorable potential in the lower plate carbonate section for a sediment hosted gold system. Widespread vanadium mineralization in upper plate siliclastic rocks points to favorable potential for a shallow primary vanadium deposit similar to Iron Point.

-26- ACQUIRED Nevada King staked 14 lode RECENT HISTORY claims (HMD Block) in 2016. CRESCENT Oro Nevada Mining Co., 1996 Drilling PROJECT TYPE Shallow, epithermal-type vein system along major range-front Uranerz USA, 1994 VALLEY Drilling, Hand Me Down Project fault bounding the southern end of Crescent Valley. Battle Mtn. Gold Co., 1993 PROJECT Drilling, Hand Me Down Project HISTORICAL None reported (Eureka Co., NV) PRODUCTION OUTLOOK • Consistently mineralized surface samples running in the 0.X g/t gold range taken along a NE-trending chalcedonic vein zone averaging around 20m wide and exposed along a 1.3km strike length.

• Nearby gold deposits include the Pipeline-Cortez complex and the high grade veins at Firecreek. Potential at depth for a Firecreek-type vein deposit, or possibly a Cortez Deep type replacement deposit.

-27-