Northstar Gold : Corporate Presentation

Focused on Gold & Copper Exploration in Kirkland Lake District

Corporate Presentation

May 28th, 2024

CSE: NSG OTC: NSGCF FSE: 3WV

Forward Looking Statement

Statements in this corporate presentation contain forward looking information including expectations of future production and commodity prices, drilling and exploration plans, timing and amounts of capital expenditures and future expenditure levels. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Corporation. These risks include, but are not limited to: the risks associated with the mining industry, future exploration results, economic conditions in the countries and regions in which the Corporation conducts business, ability of the Corporation to implement its business strategy, ability of the Corporation to market its products, government regulations and the expenditures required to comply with them, commodity prices, interest and exchange rate changes, the outcome of current legal proceedings, and the availability of financing. Industry related risks include, but are not limited to: operational risks in exploration, development and production, delays or changes in plans, health and safety risks and the uncertainty of estimates and projections of costs and expenses. The reader is cautioned not to place undue reliance on any forward looking information. The Corporation undertakes no obligation to update or revise any forward looking statements except as required by applicable securities laws.

The information contained in this corporate presentation does not purport to be all inclusive or to contain all information that a prospective investor may require. Prospective investors are encouraged to conduct their own analyses and reviews of the Corporation and of the information contained in this corporate presentation. Without limitation, prospective investors should consider the advice of their financial, legal, accounting, tax and other advisors and such other factors that they consider appropriate in investigating and analyzing the Corporation.

Mr. Brian P. Fowler, P.Geo. and Ms. Elisabeth Ronacher, PhD, P.Geo., Qualified Persons as defined by National Instrument 43-101, have verified the authenticity and validity of the technical data herein.

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About Northstar Gold Corp.

• December 31st, 2019, IPO listing on CSE
• Operated by a team of highly skilled and accomplished Board of Directors, Special Advisor and Management Group with global major and junior exploration and development experience
• Prior to listing, spent >$7M as a private company focused on gold exploration in NE Ontario for 10 years
• Portfolio of 4-100%-owned gold and base metal exploration properties in Kirkland and Temagami Lake Districts
• Spent >$6M in exploration at Miller, Rosegrove, Bryce and Milestone Properties since 2021
• Seeks senior partner to advance all projects

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About Northstar Gold Corp.

• Drilled 11,000 metres at flagship Miller Property since IPO
• Defined near-surface Allied Gold Zone Exploration Target with upper range >500k oz averaging 2 g/t Au with excellent expansion upsides
• Demonstrated ability to raise exploration funds despite protracted depressed exploration sector. Raised >$2.8M since December, 2022
• 2023 drilling confirmed Besshi VMS horizons at Cam Copper Mine - Zone 2 includes 14.78% Cu over 2.45m with excellent expansion upsides
• Spring 2024, Cam Copper borehole and surface EM surveys define near-surface, 350m, 200 Siemens Zone 2 Extension conductor south of Cam Copper Mine
• Recently consolidated historic Boston Creek Copper Belt & positioning to drill test Zone 2 Extension EM Conductor

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Capitalization & Ownership Profile

Capitalization (C$, millions, except per share)
Basic Shares Outstanding (Approximately)	99.4
Warrants	41.8
Options	2.8
Fully Diluted Shares Outstanding	144.0
Market Capitalization	$3.5

Northstar Gold Corp.

Shareholder Profile

31%

41%

7%

8%

13%

Options & Warrants	IPO Subscribers
Institutional	Management, Directors & Insiders
Others

Board of Directors, Special Advisor & Management

Brian P. Fowler, Director, President & CEO

1. 38 years global experience as a mining executive, analyst, exploration manager and consulting geologist.

1. Held various management and technical roles at Placer Dome Inc. (1991-2004)

1. Qualified Person under National Instrument 43-101.

Dr. John W. Pollock, Director, Co-Chairman

1. Over 40 years archaeological and cultural heritage resource services.

1. Extensive mining, forestry and hydro projects across northern Ontario.

Greg McKnight, Director, Co-Chairman

1. Most recently Executive VP Business Development with Yamana in senior roles since 2004.

1. 25 years of mining-focused investment banking and corporate experience, including investment banking director with Canaccord Capital Corp.

Charles Main - Director

1. Over 30 years of finance and mining experience.

1. Former Executive Vice President, Finance and Chief Financial Officer of Yamana Gold Inc.

Tony Lesiak - Director

1. Chairman Star Royalties Ltd. Formerly Senior Advisor, Investment Banking at Canaccord Genuity (Canada) and Managing Director and Global Head of Mining Research.

1. Over 20 years' experience in equities research in the metals and mining sector which included senior positions at UBS (Toronto) and HSBC (New York and Toronto).

Mike Sutton - Special Advisor

1. 30 years as an exploration geologist at major gold camps (Witwatersrand, Timmins, and Kirkland Lake).

1. Prospector of the Year for Ontario (2006) for the discovery of the Macassa South Mine Complex.

Rob Suttie - CFO

1. VP of Marrelli Support Services Inc. providing accounting, corporate, reporting and filing services to Canadian public issuers.

1. CFO to a number of junior mining companies listed on the TSX and TSX Venture exchanges.

George Pollock - VP Exploration

1. 20 years of mineral exploration experience.

1. Past President of Northstar Gold Corp. (10 years).

1. Extensive field work experience in the Abitibi Greenstone Belt.

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100%-owned Projects Available for Option

Flagship Project

Miller Copper- Gold / Rosegrove Properties

Alkalic intrusion-hostedgold-telluride and high-grade copper VMS projects situated 18 km southeast of Kirkland Lake, Ontario.

Other Projects (Available for Option)

• Bryce Gold Property
• Milestone Cu-Ni-Co Property

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A Corporate Strategy Leveraging off Gold-Copper Endowment, Access, Mining and Milling Infrastructure

• Northstar's corporate strategy is to develop a minimum (+1 million ounce) gold / high- grade copper resource to potentially supplement a nearby mining operation or stand-alone mining operation at the Miller Copper- Gold Property
• Excellent district infrastructure includes road, rail access and high transmission electricity on Northstar's Miller Gold and
  Rosegrove Properties
• 5 gold milling facilities within short haul trucking distance

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Northstar in the News (December /22 - March /24)

• Mar 26, 2024 Northstar Commences EM Surveys Targeting Cam Copper VMS Extensions at Miller Copper-Gold Property
• Mar 12, 2024 Northstar Surveys Identify Multiple Gold and Critical Mineral Targets at Rosegrove Property
• Jan 30, 2024 Northstar Gold Provides Exploration Update Closes Final Tranche of Private Placement ($60,000)
• Dec 29, 2023 Northstar Gold Corp. Closes Oversubscribed Critical Minerals Private Placement ($349,000)
• Dec 18, 2023 Northstar Receives $80k Rosegrove Property OJEP Grant
• Dec 14, 2023 Northstar Gold Corp. Closes First Tranche of Critical Minerals Private Placement ($390,000)
• Dec 6, 2023 Northstar Announces Non-Brokered Private Placement
• Nov 23, 2023 Northstar Drills 14.8% Copper Over 2.45 Metres at Historic Cam Copper Mine
• Nov 16, 2023 Northstar Drills Multiple Horizons of High-Grade Volcanogenic Massive Sulphides at Cam Copper Mine

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Northstar in the News (December /22 - March/24)

• Oct 24, 2023 Northstar Gold Corp. Commences Drilling at Historic High-Grade Cam Copper Mine
• Oct 6, 2023 Northstar Gold Corp. $500,000 Private Placement Oversubscribed ($531,656)
• Oct 24, 2023 Northstar Gold Corp. Commences Drilling at Historic High-Grade Cam Copper Mine
• Oct 6, 2023 Northstar Gold Corp. $500,000 Private Placement Oversubscribed ($531,656)
• Sep 14, 2023 Northstar Gold Corp. Closes Second Tranche of $500,000 Private Placement
• Aug 30, 2023 Northstar Gold Corp. Closes First Tranche of $500,000 Private Placement
• Aug 15, 2023 Northstar Gold Corp. Announces Non-Brokered Private Placement
• Jul 5, 2023 Northstar Samples High-Grade Copper at Historic Cam Copper Mine Miller Gold Property
• Apr 19, 2023 Northstar Defines >1 KM Deep Allied Au-Cu Zone Magnetic Signature at Miller Gold Property
• Jan 25, 2023 Northstar Makes New Discoveries at Milestone Cu-Ni-Co Property
• Dec 21, 2022 Northstar Closes Second Tranche of $1.6M Private Placement ($1,445,155)

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