ssr mining maintains the fisher property option and has ......• 4 high-grade gold discoveries in...

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Wayne Everett Fisher 1938 - 2015 SSR Mining maintains the Fisher Property option and has significant exploration planned and underway in 2019: 8,000m - 12,000m drilling 6,000 - 8,000 soil sampling Geophysics Mapping

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Page 1: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Wayne Everett Fisher

1938 - 2015

SSR Mining maintains the Fisher Property option and has

significant exploration planned and underway in 2019:• 8,000m - 12,000m drilling

• 6,000 - 8,000 soil sampling

• Geophysics

• Mapping

Page 2: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

FORWARD LOOKING STATEMENTThis presentation includes certain “forward-looking statements’ within the meaning of section

21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking

statements include without limitation, statements regarding future production, potential

mineralization and reserves, exploration results and future plans and objectives of Taiga Gold

Corp. (Taiga Gold). Forward-looking statements can generally be identified by the use of

forward-looking terminology such as “may,” will,” “expect,” “intend,” “estimate,” “anticipate,”

“believe,” or “continue” or the negative thereof or variations thereon or similar terminology. There

can be no assurance that such statements will prove to be accurate and actual results and

future events could differ materially from those anticipated in such statements.

Page 3: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

At the beginning of the mining

industry downturn in 2012 Eagle

Plains Resources (EPL:TSX-V)

focused on identifying the best

opportunities for gold exploration

projects in western Canada

Page 4: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

This was done to take advantage

of its healthy treasury and

technical team when the

opportunity for acquisition of

quality exploration projects was

peaking

Page 5: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Source: SKRR

The Trans-Hudson

Corridor was

selected as an area

to focus these

acquisition efforts.

Known for several

significant gold

deposits and with

geology analogous

to the great gold

camps of the

Canadian Shield,

this area had seen

relatively very little

exploration.

Page 6: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

The team identified

several quality gold

projects in this

greatly under-

explored area of

northeastern

Saskatchewan

They weren’t alone….

Page 7: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Weeks after

consolidating 4 large

gold exploration

projects along the

Tabbernor fault (the

main structure

transecting the Trans-

Hudson Corridor)

another company

enters the scene…..

Page 8: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx
Page 9: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Silver Standard

Resources (now SSR

Mining) buys Claude

Resources and

acquires the

neighboring Seabee

Gold Operation in

March 2016 for a

share deal

amounting to $337m

Page 10: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

SSR Mining appears to have

come to the same conclusion

as Eagle Plains and supported

that theory with $337m

Page 11: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Within weeks

SSR Mining

and Eagle

Plains enter

discussions

regarding an

option on the

Fisher Property

Page 12: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

On October 6, 2016 SSR Mining

options the Fisher Project from

Eagle Plains with terms:

SSRM may earn a 60% interest:

• complete $4M exploration within 4 yrs

• an initial cash payment to EPL of $100k

• annual cash payments to EPL of $75,000

SSRM may earn an additional 20%:

• Make a cash payment of $3M to EPL

within one year of entering a 60/40 JV

Page 13: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx
Page 14: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

In 2017 SSR Mining commences a

$90M upgrade of the Seabee Gold

Operation designed to:

• Extend production profile by approx. 29% over

2016 levels

• Near-term production growth to peak production

of 120,000 oz in 2020

• Expand operating margins by lowering cost/oz

• Improve processing plant performance

Page 15: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

In April 2018, Eagle Plains spins-out

these Tabbernor projects into a new

entity awarding shareholders a new

shares on a 1 for 2 share basis:

Taiga Gold Corp

lists on the Canadian Stock Exchange

(CSE) under the ticker symbol

TGC

Page 16: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Here’s the rationale for the spin-out:

• Improve identification and valuation of gold assets

• Simplify corporate ownership / invite takeover

• Increase ability to finance without dilution to EPL

• Provide a liquidity event for EPL shareholders

• Tax-free structure for spin-out shares

• Its worked well in the past, CPY an EPL spin-out

• CPY/NG merger = $65m to CPY shareholders

Page 17: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Taiga’s assets include 6 gold

exploration properties strategically

located in the Seabee Gold Operation

Camp:

• Fisher, Leland, Orchid, Chico, SAM and

Mari Lake

• Royalties on these projects include a

2.5% NSR at the Fisher

Page 18: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx
Page 19: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Since 2016, SSR Mining has explored the Fisher

Project for new gold discoveries, some highlights are:

• Q4 2020 drilling identified consistent and continuous

high-grade gold mineralization over a 250m x 600m area

at the Mac North Zone, open in all directions, this area is

now slated for resource definition drilling

• 4 high-grade gold discoveries in 2020/19, 2 near border

with Santoy Mine (Yin and Abel Lake zones), the other

approx. 6km south at the Mac and Mac North zones

• Exploration has focused along the Santoy Shear Zone

which is now understood to bisect the Fisher entirely

Page 20: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Highlights Continued:

• High-grade gold mineralization identified along a 13km

trend of the Santoy Shear, with values reported up to

166.8 g/t gold

• Structural interpretation indicates the geological setting

at Mac North is similar to the high-grade zones at the

nearby Santoy Mine Complex

• All-season Fisher camp upgraded from 24 to 42 person

• >$12m in exploration completed on Fisher to date,

funded entirely by SSRM

Page 21: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx
Page 22: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

• 20.93 g/t Au

• 25.13 g/t Au

• 64.17 g/t Au

• 13.77 g/t Au

• 7.30 g/t Au

• 5.57 g/t Au

• 7.00 g/t Au

• 6.90 g/t Au

• 12.70 g/t Au

• 166.77 g/t Au

• 80.20 g/t Au

• 24.70 g/t Au

• 31.10 g/t Au

• 9.63 g/t Au

• 5.22 g/t Au

• 59.33 g/t Au

• 25.63 g/t Au

• 8.93 g/t Au

• 16.93 g/t Au

• 7.03 g/t Au

• 16.03 g/t Au

High-

Grade

Gold

13km

Trend

Exploration identifies

13km trend of high-

grade gold

Page 23: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

4 High-Grade Gold

Discovery Areas

High-

Grade

Gold

13km

Trend

• 13.74 g/t Au over 2.29m

Including:

• 55.5 g/t Au over 0.53m

• Approx 3km south of

Santoy Mine

Yin Zone

Abel Lake

Zone • 12.13 g/t Au over 1.5m

• Approx 3km south of

Santoy Mine

Mac North

Zone

Mac Zone

• 16.8 g/t Au over 0.5m

• 9.1 g/t Au over 1.92m

• 3.76 g/t Au over 4.2m

Including:

• 7.31 g/t Au over 1.55m

• 11.92 g/t Au over 0.73m

Page 24: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Fisher Exploration Camp 2019

(24 Person)

Page 25: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Fisher Exploration Camp 2020

42 Person

Page 26: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Surface expression of the

Santoy Mine

Page 27: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Photo: SSR Mining

The underground expression

at the Santoy Mine

Page 28: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

January 5, 2021

SSR Mining exercises the second option earn-in

at the Fisher Project:

▪ SSR Mining earns an initial 60% interest at the Fisher Property

in Nov 2020. Exploration expenditure requirements are

exceeded 3 fold ($4m to earn-in, >$12M spent)

▪ January 5, 2021 SSR Mining elects to maximize the earn-in on

their Fisher option by paying Taiga Gold Corp $3m to buy a final

20% interest, the 80/20% Fisher JV is formed

▪ Taiga and SSR Mining to proceed on a proportionate basis with

Taiga to receive annual advance royalty payments of $100,000

Page 29: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

2021 Outlook/Catalysts:

• 2020 Q4 drilling at Fisher’s Mac North Zone

• identified consistent and continuous high-grade gold

mineralization over 250m x 600m, open in all directions,

this area is now slated for resource definition drilling

• 2021 Q1 80/20% JV formed at Fisher

• SSR Mining has elected to purchase an additional 20%

interest at the Fisher, pays Taiga $3m, 80/20% JV formed

• Fisher JV plans large drill program for early 2021

• Drilling planned at Leland early 2021

• Drilling planned at Orchid early 2021

Page 30: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Share Structure

Share StructureShares Issued

Assigned OptionsWarrants

Fully Diluted

March / 202180,895,8237,635,000

20,482,773109,013,596

Page 31: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Tribute to

Wayne Everett Fisher

1938 – 2015

The Fisher Project is named in tribute to Wayne

Fisher who pioneered the geological

exploration of the northern Tabbernor

Region and who proved to be an

exceptionally knowledgeable and valuable

member of the Terralogic Exploration team

during his tenure. We salute you Wayne.

Page 32: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Project

Generator

Taiga Gold Corp.

Office Building, Cranbrook, B.C.

For more information please visit our

website at:

www.taigagold.com

Page 33: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Thank you for viewing our

Corporate Presentation

For more information please visit our

website at:

www.taigagold.com

Page 34: SSR Mining maintains the Fisher Property option and has ......• 4 high-grade gold discoveries in 2020/19, 2 near border with Santoy Mine (Yin and Abel Lake zones), the other approx

Contact Information

Investor Relations:

Mike Labach

[email protected]

Toll Free: 1 866 Hunt Ore (866 486 8673)

Local: (250) 426 – 0749

Cranbrook, BC, Canada