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MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS KG | TSX Venture Exchange LBDP | Frankfurt Stock Exchange May 14, 2020 Investment Overview 2020 “VIRTUAL”

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Page 1: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS

KG | TSX Venture Exchange

LBDP | Frankfurt Stock ExchangeMay 14, 2020

Investment

Overview

2020

“VIRTUAL”

Page 2: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

Structural Evolution and Timing of Orogenic Gold Mineralization

in the Klondike District, YukonYukon Geoscience 2019 - PDF on KG website: Investors>”Technical Presentation”

Bedrock Gold Discoveries Explain Nearby Placer Deposits

in the Klondike District, YukonYukon Placer Forum 2019 PDF on KG website: Investors>”Placer Forum Presentation”

and video https://www.facebook.com/YukonGeologicalSurvey

Drilling in the Klondike - 120 Years After Its World Famous Gold RushPinnacle Digest 2019:

video https://www.youtube.com/watch?v=yL5eUmVqJfM

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 2

REFERENCES

Page 3: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

FORWARD LOOKING STATEMENTS

Statements contained in these following slides and accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation

Reform Act of 1995 and forward looking information within the meaning of the Securities Act (Ontario) and similar legislation in other jurisdictions. Forward-looking statements can be identified by

the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation

of such words and phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known

and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Klondike Gold Corp. (“Klondike Gold”) to be materially different from any

future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include estimates, forecasts, and statements as to

management’s expectations with respect to, among other things, business and financial prospects, growth potential, the size, quality and timing Klondike Gold’s exploration and possible development

projects, mineral reserves and mineral resources, future trends, plans, strategies, objectives and expectations.

These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. These statements are based on a number of assumptions, including,

but not limited to, assumptions regarding general business and economic conditions, interest rates, the supply and demand for, inventories of, and the level and volatility of prices of gold, silver, zinc,

lead, or copper, the availability of financing for Klondike Gold’s programs on reasonable terms, the accuracy of Klondike Gold’s resource estimates (including, with respect to size, grade and

recoverability) and the geological, operational and price assumptions on which economic resource models are based, the resolution of environmental permitting and other proceedings, the capacity

to obtain qualified personnel, consultants, and contractors and the future operational financial performance of the company generally. The foregoing list of assumptions is not exhaustive.

Events or circumstances could cause actual results to differ materially. Such events include, among others, unanticipated developments in business and economic conditions in the principal markets

for commodities and/or financial instruments, changes in the supply, demand, and prices for metals and other commodities, the actual results of exploration activities, conclusions of economic

evaluations, uncertainty in the estimation of ore reserves and mineral resources, changes in project parameters as plans continue to be refined, changes in economic and political stability in

jurisdictions where Klondike Gold has business interests, environmental risks and hazards, legal disputes, increased infrastructure and/or operating costs, labour and employment matters, and

government regulation as well as those factors discussed in the section entitled “Risk Factors” in Klondike Gold’s Annual and Quarterly Reports and associated financial statements, Management

Information Circulars and other disclosure documents filed with Canadian securities regulators. Although Klondike Gold has attempted to identify important factors that could cause actual results to

differ materially, 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. Klondike Gold disclaims any intention or obligation to update or revise any forward-looking statements,

whether as a results of new information, future events or otherwise. Accordingly readers/listeners should not place undue reliance on forward-looking statements.

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 3

Page 4: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

GOLD EXPLORATION COMPANY: YUKON CANADA

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 4

Dawson City, YT.

Tr’ondëk Hwëch’in First Nation Territory.

Klondike District property – 20 km outside Dawson

City

60 N

66.5 N

Page 5: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

INFRASTRUCTURE: ECONOMIC ADVANTAGE

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 5

Dawson Km 0Airport

Bonanza Roadturn-off Km 2

Eldorado Road Km 20

Bonanza Road Km 7

Stander Zone Km 25

Pinnacle Digest 2019

Podcast video

screencaps

Lone Star Zone Stander Zone

Paved

Double-wide Gravel

AtEldorado Road

Km 18 …

KG Property Claim Boundary

Page 6: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

KLONDIKE NEIGHBOURHOOD: WORLD CLASS

6KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF

Tintina Gold Belt, Alaska and Yukon

Brewery Creek1.5M oz

Golden Saddle1.5M oz

Dublin Gulch4.4M oz

Coffee4.1M oz

Pogo7.6M oz

Donlin45M oz

Klondike+2M oz target

(20M oz placer)

• TGB is known to host “World-Class”Cretaceous age (~100 Ma) gold deposits.

• Flexure in crustal scale 1st order faults create “world-class” deposit environment by creating the fault network (gold conduits) to host them.

• Continent-scale structures have ‘checkerboard’ old/young fault pattern which control gold mineralization.

• These ‘checkerboard’ faults have been recognized as controls to gold mineralization in Klondike District.

Figure Note: Gold resource endowment is sourced from company disclosures or government sources, for comparative purposes only.

Page 7: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

KLONDIKE DISTRICT PROPERTY: WORLD CLASS

L4Dawson

300 km

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 7

Klondike claims 586 square km

• Covers Klondike gold rush creeks

• Placer gold mined 1896 to present

• 20 M oz Au recovered from creeks

• “World Class” endowment

Detail Area10% of property

Page 8: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

FAULTS CREATE LANDSCAPE: D3 AND D4

Faults created the Klondike ‘sluice box

riffle’ Creeks and Gulches.

Checkerboard

pattern

Major NW thrust faults are the

Creeks (D3 / c. 180 Ma)

Secondary NE faults are the

Gulches (D4 / c. 100 Ma)

Both fault directions are gold bearing

in bedrock.

Bonanza Ck

Irish

Gold Zone

Fault

Major Fault

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 8

D3

D4

0 2km

Resource Target

Page 9: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

DISCOVERY …

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 9

Bonanza Creek

75.6 g/t Au over 2.8m

2.2 g/t Au over 24.9m

1.0 g/t Au over 58.1m

1.0 g/t Au over 91.0m

44 g/t Au

39 g/t Au

55 g/t Au30 g/t Au

60 g/t Au

28 g/t Au

60 g/t Au

12 g/t Au

24 g/t Au

58 g/t Au

74 g/t Au

37 g/t Au

96 g/t Au

N

Potential Resource Area

Exploration Target Area

Resource Target Area

0 km 2 km

Yellow box to scale

~10% of property explored in some

detail

Multi-million ounce gold potential.

Exploration Objective:

+2M oz gold threshold

objective before resource estimate

Current Objective:‘Starter open-pit’

mineralization 2020

0.3 g/t Au over 101.0m

1766 g/t Au

2.4 g/t Au over 41.2m

1,009 g/t Au over 1.0m9.5 g/t Au over 9.0m

1.6 g/t Au over 45.2m

Page 10: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

LONE STAR ZONE: 2020 PHASE 1 DRILLING

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 10

N Conceptual ‘Starter Open Pit’

Initial mineralization estimation

10 DDH, ~50m each, 500m total

Phase 1 tests 150m strike.

MODEL TARGET PARAMETERS

(1,100 meter length known)

150 meter length to drill test

Gold at surface to 50m depth

60-100 meters surface width

2.6 specific gravity

2+ g Au model grade

90+% gravity recovery

Deeper targets for future drilling.

Surface Target2.1g / 41.1m2.4g / 41.2m1.4g / 65.5m6.1g / 8.5m

Deeper TargetsYes.

2019 Lidar

Page 11: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

LONE STAR ZONE: 2020 PHASE 1 DRILLING

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 11

Conceptual ‘Starter Open Pit’ Schematic Section

55m

40m

60m

2020 Leapfrog

Proposed drill hole (length in m)

m ASL

Page 12: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

STANDER ZONE: 2020 PHASE 2 DRILLING

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 12

N

Offset

Fault

Initial resource estimation

program

5 DDH, 200 meters planned.

Additional holes to be added.

MODEL TARGET PARAMETERS

150 meter strike length

At surface to 25 meters depth

20-50 meters width

2.6 specific gravity

Variable 2+ g Au model grade

90% gravity recovery

Deeper targets for future drilling

Surface target: offset extent.

Surface Target 32: 5.1gAu/14.3m

256: 4.3gAu/21.5m269: 0.7gAu/18.2m325: 2.2gAu/23.0m326: 2.2gAu/9.3m

Deeper Target267: 1009gAu/1.0m

2019 Lidar

Page 13: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

“KG” 5-YEAR PRICE / VOLUME CHART

5-Year trend of increasing

market capitalization:

$3M to $30M(“Past performance is no guarantee of future returns”)

6-Year Capital: $15.7 M

33,500 m drilled / 340 holes“All in” $468/m includes: old debts, corporate

clean-up, exploration that isn’t drilling plus

corporate operating … everything.

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 13

$0.60

$0.45$0.44

$0.28

$0.45

$0.07$0.13

$0.28

$0.17

$0.23

PDAC/covid

Year Amount Raised # Drill Meters Depth

2014 $ 2,530,000.00

2015 $ 416,500.00 19 1,369.30 72.07

2016 $ 2,870,000.00 71 5,375.17 75.71

2017 $ 7,000,000.00 79 8,620.62 123.15

2018 87 9,511.93 109.33

2019 $ 2,875,886.00 84 8,628.37 91.79

2020 $ 1,222,487.00 tba tba tba

TOTAL $ 16,914,873.00 340 33,505.39

Page 14: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

F. Giustra

14%

Insiders

11%

Key Investors

9%Public

54%

E. Sprott

11%

Shareholder Structure

INVESTOR INFORMATION

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 14

Capital StructureAs of May 1, 2020

Shares Issued | 120 M

Market Cap | $30 M

Total Diluted Shares | 157 M

• Options (WAP - $0.24) | 9.6 M

• Warrants (WAP - $0.32) | 27.4 M 46% of Shares Held by Top 20 Shareholders

$TBD

2020 Budget

$8.8 M

Warrants

$1.8 M Cash

On Hand

Page 15: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

INVESTMENT HIGHLIGHTS

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 15

Multi-million ounce gold potential.

Resource estimation drilling begins

May/June 2020. Valuation re-rate.

First mover 2020 in Yukon. Delivering

news into an accelerating gold market

Page 16: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

THANK YOU

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 16

2833 – 595 Burrard St.

Vancouver BC, V7X 1J1

www.klondikegoldcorp.com

[email protected]

(604) 559 4440

Page 17: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

FIVE-YEAR SYSTEMATIC GEOSCIENCE

DISTRICT SCALE SURVEYS:

• Mapping / Soils / Magnetics / Radiometrics / VLF-EM / StructuralMapping / LIDAR / Orthophotography / Historical compilation

LOCAL SCALE SURVEYS:

• Diamond drilling 33,500m / Trenching / Channel sampling / WholeRock / GT-Probe

SYSTEMATIC PROCEDURES:

• Metallic screen assay, ultra-trace analyses, digital field (QGIS) anddigital core (MXDeposit) logging, oriented core drilling

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 17

Page 18: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

D4: STANDER ZONE GOLD

L4 All

foliations

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 18

Gold D4 Orogenic Vein:

1,009 g/t Au with 1,036 g/t Ag over 1.0m

“World class drill hole”.

2nd best hole drilled in the world in August.

3rd best drill hole in Canada in 2019.

(Source: Mining Intelligence / Mining.com)

Page 19: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

STANDER ZONE GOLD: OUTCROP TO PLACER

Outcrop nugget of gold in Upper

Eldorado Creek (photo below).

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 19

Placer nuggets of gold from 1 km

downstream of outcrop (photo above).

Page 20: Investment “VIRTUAL” Overview 2020€¦ · “All in” $468/m includes: old debts, corporate clean-up, exploration that isn’t drilling plus corporate operating … everything

CORONA VIRUS MITIGATION / RISK

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 20

YT resource sector is ‘essential service’ subject to

covid-specific H+S regulations

Klondike Gold has 2-acre property in Dawson ‘suburb’.

Space and infrastructure to comply with YT regulations.

Norovirus outbreak 2019 among crew/contractors.

Quarantine, distancing, cleaning, supply … pandemic

protocols developed.