Snowline Gold (SGD) Investor presentation summary

Investment highlights

• Valley gold deposit PEA shows robust economics with C$11.4B NPV at US$4,500/oz Au and 7.94 Moz M&I at 1.21 g/t Au, positioning it as a top Canadian and global gold project.

• District-scale upside with over 360,000 ha and 30+ gold targets in underexplored Yukon.

• Strong treasury of over C$236M and experienced management team.

• Multiple awards for environmental stewardship and sustainability from 2023–2025.

Project economics and production profile

• Valley PEA outlines 544 koz/year gold production (years 2–6), 20-year mine life, and AISC of US$569/oz (years 2–6).

• Initial capex of C$1.7B, with after-tax NPV5% of C$3.37B at US$2,150/oz Au and IRR of 25%.

• Payback period of 2.7 years at study price, dropping to 1.6 years at high gold price scenario.

• Life-of-mine free cash flow averages C$426M/year at US$2,150/oz Au.

Cost competitiveness and leverage

• Valley ranks in the lowest 6% of global gold projects by AISC for years 2–6 and lowest 12% for life-of-mine.

• Every US$100/oz increase in gold price adds about C$343M to NPV.

• Projected gold sales in first five years could exceed Yukon's current GDP at spot prices.