Choice Gold Corporate Presentation

8/6/2019 Choice Gold Corporate Presentation

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CHOICE GOLD CORP.

SUGARLOAF PEAK GOLD PROJECT

WESTERN ARIZONA


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Forward Looking Statements

This presentation contains forward-looking statements and INTERPRETATIONS of information that are current as of the date the presentationwas originally delivered. Choice Gold Corp. disclaims any intention or obligation to update or revise any forward-looking statements, whetheras a result of new information, future events or otherwise. Forward-looking statements include, but are not limited to, statements with respectto the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements foradditional capital and access to data.

Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results,performance or achievements of the Company to be materially different from any future results, performance or achievements expressed orimplied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities;changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties;

future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays inobtaining governmental approvals of financing.

43-101 Historical Estimate Disclosure

The quoted historical estimates of resources for Sugarloaf Peak were prepared prior to the implementation of NI 43-101 Standards ofDisclosure for Mineral Projects (43-101) and are not compliant with 43-101. These resource estimates were reported in N.R. Dausinger Jr,1983 and N.R. Dausinger Jr., 1987 using a polygonal estimate of all drill holes that had gold assays. Choice Gold Corp. is not aware of anysubsequent resource estimations and it has not yet completed sufficient work to calculate a 43-101 compliant resource. Choice Gold Corp. hashad prepared a 43-101 Technical Report on the Sugarloaf Peak Project (see the Goldsmith Report dated November 27, 2008 filed onwww.sedar.com), which describes the non 43-101 compliant historic resource estimates by Dausinger, including (a) 100 million tons at ~ 0.5 g/

t gold average grade for a total of 1.5 million ounces gold from shallow drilling averaging less than 130m depth and (b) 60 million tons of ~ 0.6g/t average grade for a total of 1.2 million ounces gold with mineralization open to depth and along strike.

The historic estimates use categories other than the CIM definitions prescribed by 43-101 but they are based on calculations of tons, cut-offgrade and average grade at various levels of confidence, which is consistent with the CIM definitions. Choice Gold Corp. considers the historicestimates to be roughly equivalent to the CIM defined inferred resource category level of certainty, reliable based on the data available at thetime, and relevant for the volume of mineralization drilled at that time. Choice Gold Corp. cautions the reader that (i) a 43-101 qualified personhas not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, (ii) it Is not treating thehistorical estimate as current mineral resources or mineral reserves as defined in sections 1.2 and 1.3 of 43-101, and (iii) these historicalestimates should not be relied upon.

DISCLOSURE


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Gianni Kovacevic - CEO & Chairman Chairman of Romulus Resources (TSX-V: ROM) and a Director of Legend Gold (TSX-V: LGN) Former Manager of Corporate Development with Petaquilla Minerals (TSX: PTQ) and Petaquilla Copper (TSX: PTC) Involved in raising over $200M in equity and debt financingDr. John-Mark Staude - Director President & CEO of Riverside Resources (TSX-V: RRI) Over 20 years of mining and exploration experience with Kennecott, BHP-Billiton, and Teck Cominco MSc from Harvard University and PhD in Economic Geology from the University of Arizona

Terence S. Ortslan - Director Managing Director of TSO & Associates mining & metals analyst for a select few financial institutions Professional mining engineer (McGill) with a recognizable history spanning 4 decades Sought after resource industry consultant and Director of several resource companiesMac Bell - Senior VP

Former President & CEO of Brixton Metals (TSX-V: BBB) led public listing and first public financing Former Director of Business Development for Plutonic Power (TSX: PCC) involved in raising $66M of equity Managed development of $660M hydroelectric power project jointly owned by Plutonic Power and General ElectricBrigitte Dejou - Manager of Exploration Over 20 years of experience in mineral exploration Spent 2 years with Osisko Mining Corporation and 18 years within Cominco and Teck Cominco Vast experience in running extensive, multimillion dollar exploration projects from grass-roots to pre-feasibility stage

MANAGEMENT


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SUGARLOAF PEAK TRANSACTION

Choice to acquire 100% interest from Riverside Resources (TSX-V: RRI) Within 36 months Choice must:

- pay RRI up to $1.75 million in cash- issue RRI up to 13.6 million Choice shares (8.6 million shares on

signing)- complete independent scoping study

Within 24 months Choice must:- incur $5.5 million in exploration expenditures- complete NI 43-101 compliant independent resource estimate

After 12 months Choice may accelerate and acquire 100% interest by:- paying RRI $1.5 million- issuing RRI $2 million of common shares

Choice currently exploring TSX-V listing


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SHARE STRUCTURE

Total Shares Issued & Outstanding 40.92 million

Warrants (@ $0.30) 5.05Stock Options (@ $0.15 to $0.465) 3.85Total Shares Fully Diluted 49.82 million

Management & RRI own over 30%


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PROJECT DETAILS

Location: 9 km west of Quartzite inWest Arizona with paved highway

access

Stable, mining-friendly jurisdiction

Area geology has many operatingmines: El Chanate Mine (Capital Gold),

Herradura Mine (Newmont), Mesquite

Mine (New Gold) nearby on Sonora

Mohave Megashear

50 years of previous drilling Open pit, bulk tonnage historical gold

resource (CAUTION: non-NI 43-101

compliant): 60 Mt @ 0.6 g/t = ~ 1.2

million oz Au


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NEARBY BULK TONNAGE OPERATIONS


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WORK TO DATE

Large and secure land package 17 sq km

Geological & structural mapping Over 2,000 rock-chip

geochemical samples RRI completed 5 HQ DD holes

inside historical resource outline

verified mineralization

Compiled digital database of allmodern & historical data

Internal exploration modelcompleted

Over $9 million spent historically


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Drilled by Cominco, Armetco, Amselco, Duval and RRI

Non-NI 43-101 compliant resource based on 10 core holes that had Au assays 1,500m x 800m mineralized area at surface RRI drilling in 2009 confirmed mineralization to 200m (previous holes to ~ 100m)

SUGARLOAF PEAK

HISTORICAL RESOURCE


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Historical Resource Area

SUGARLOAF PEAK HISTORICAL RESOURCE

|West

||

North|

Interstate 10


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SUGARLOAF PEAK HISTORICAL RESOURCE


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QUANTEC TITAN 24 IP SURVEYPLAN VIEW

Quantec surveyed21 line km in April

2011 This work has

been completed Results expected

by end of May

BAC D

E F

H

G


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TSX.V: RRI

Pink Sheets: RVSDF

www.rivres.com

More than 100 rock chip samples over 1 g/t Au at surface

Higher grade goldstarter pit

SURFACE GEOCHEMISTRY - AU


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DRILL HOLE FROM TO INTERVAL (m) Au (g/t)

CS-7 3 91 88 0.65

CS-7 53 81 28 0.81

SWR-1 2 24 22 0.44

SWR-1 43 62 19 0.48

SWR-11 41 55 14 0.6

SWR-11 41 61 20 0.49

SWR-13 11 40 29 0.42

SWR-2 2 67 65 0.43

SWR-2 83 107 24 0.46

SWR-3 12 21 9 0.56

SWR-4 5 49 44 0.37

SWR-4 35 49 14 0.6

SWR-4 81 94 13 0.41

SWR-5 34 46 12 0.64

SWR-5 34 79 45 0.46

SWR-6 8 29 21 0.49

SWR-7 6 62 56 0.36

WW-1 14 27 13 0.49

WW-1 38 49 11 0.63

WW-2 5 21 16 0.52

WW-8 12 79 67 0.47

WW-8 34 61 27 0.55

WW-9 0 72 72 0.51

WW-9 0 35 35 0.57

WW-9 62 72 10 0.98

AU INTERVALS FROMHISTORICAL DRILL PROGRAMS


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AU INTERVALS FROMHISTORICAL DRILL PROGRAMS

qz + py stockwork zone, DDH SLP-09-004 drilled by RRI in 2009 Sample 591728 = 0.98m @ 1760 ppb Au


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5 main shear zones controllingmineralization

Higher grades associated with silicified,highly-foliated schist zones

0.6 g/t Au surface oxidized

CONTROLLED MINERALIZATION:DRILL READY


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Untested

Untested

GEOCHEMICAL/

STRUCTURAL CORRIDORS

5 areas identified for drill testing and resource drill out

thus Choice will drill 10,000m in 2011


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2011 WORK PROGRAM Titan 24 IP survey completed results expected by end of May Aeromagnetic survey, geologic mapping and geochemical sampling also

started early April 2011 to identify targets

10,000m drill program in 2 phases (5,000m & 5,000m) beginning in July Attempt to expand boundaries of known mineralization still open along strike

and at depth

Establish NI 43-101 compliant resource Hire a metallurgical consultant and perform detailed metallurgical studies Evaluate project economics before any significant dilution is to occur Organize all information gathered into data room maintained for future use


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Large and secure land package in mining friendly jurisdiction with goodinfrastructure

Large bulk tonnage potential Historical non-NI 43-101 compliant resource discovery risk removed Limited drill testing so far mineralized zone open along strike and at

depth

Titan 24 IP results expected by end of May 10,000m of drilling in the near future to fully delineate resource and

make NI 43-101 compliant

Strong and focused management team with a low overhead mandate

SUMMARY & OPPORTUNITY


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Mac Bell Senior VP

[email protected]

www.choicegoldcorp.com

CONTACT

Choice Gold Corporate Presentation

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