Goldlund

Asset Summary

Asset	Goldlund
Interest	1.0% Net Smelter Royalty (>50m depth from shaft collar)
Commodity	Gold
Location	Canada
Stage	Development
Counterparty	Treasury Metals Inc.
Additional Notes	The royalty covers any ore mined >50m depth beneath the historical Goldlund shaft collar

Asset Highlights

• The Goliath Gold Complex “GGC” consists of three primary deposits (Goliath, Goldlund and Miller), which are located on the Wabigoon Greenstone Belt.
• Provides exposure to the 940,000 ounces of Indicated and further 703,500 ounces of Inferred gold resources.
• Completion of a Pre-Feasibility Study targeted for H2, 2022 and a Feasibility Study by H1, 2023.
• A total of 23,200 meters were drilled at Goldlund in 2021, with additional drilling to be carried out in 2022.
• Further information can be found at this website: https://treasurymetals.com/projects/complex/overview/#goldlund